Doesnt sound that good...more problems!
Sugarloaf Block A, Onshore Texas, USA
-------------------------------------
The TCEI JV Block A-1 Well has now had 41/2" casing run that ties the 41/2"
liner in the horizontal section of the well all the way back to the surface.
An attempt to fracture stimulate the first interval has resulted in the frac
sand unable to be pumped even with high pressures (12,000 psi). Initial analysis
suspects poor contact between the casing holes and the reservoir, as this zone
in the reservoir was trying to flow whilst it was being drilled indicating good
permeability. The operator is conducting an analysis of this with a possible
remedy of bringing in a higher calibre perforating gun to gain better contact
with the reservoir.
Empyrean has a 7.5% working interest in this well. A further update will be
given as significant developments occur.
The TCEI JV Block A-2 Well is still planned to be used to monitor the fracture
stimulation of the TCEI JV Block A-1 Well, above, following which it will be
completed for production testing itself.
Empyrean has a 7.5% working interest in this well. A further update will be
provided as significant developments occur.
he TCEI JV Block A-3 Well has had a workover rig arrive on site and currently
there is 7' casing to a depth of 12,272', then a 61/8" open hole to Total Depth at
15,100'. This open hole section of the well was trying to flow whilst being
drilled and is therefore the focus of testing operations on this well. A packer
has been set at 11,507' with 27/8" tubing run back to the surface. The open hole
still has 15.9+/- ppg drilling fluids in it. Present operations are the pulling
of the packer at 11,507' following which the drilling fluids will be cleaned out
of the open hole for an open hole flow test.
As mentioned previously, following the open hole test, fracture stimulation may
be required depending upon flow rates from the open hole test.
Empyrean has a 7.5% working interest in this well. A further update will be
provided as significant developments occur.
Sugarloaf Block B, Texas, USA
-----------------------------
The Sugarloaf-1 Well is currently shut-in awaiting the results of Block A well
testing before the operator concludes plans for completion and testing of the
zones of interest.
Empyrean has a 6.0% working interest in this well. A further update will be
provided as significant developments occur.
The Kennedy-1H Well has had 41/2" liner run from Total Depth back to the
surface. The operator is awaiting the results of Block A well testing before
finalizing completion and testing operations on this well.
Empyrean has an 18.0% working interest in this well. A further update will be
provided as significant developments occur.
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