Here is the report off of Pryme's site.

ASX / Media Release 7 March 2013
Rosewood Plantation 21H No.1 Flow Test Result
Turner Bayou Chalk Project
HIGHLIGHTS
1,040 Bbls of oil and 1,850 Mcf per day achieved
The well continues to clean up unloading drilling fluids
Production facilities construction underway
Rosewood Plantation 21H No.1 (61.53% Working Interest / 46.15% NRI)
The flow back operation on the Rosewood Plantation 21H No.1 well has been underway since
Monday night (Brisbane, Australia time) with the well achieving a maximum production rate of 1,040
barrels of oil and 1,850 Mcf per day on a 15/64 choke. Flow rates averaged 780 barrels of oil and
1,700 Mcf per day in the following twelve hours with less than a 15% water cut. The well is still
unloading drilling fluids and mud and continues to clean up. Once the clean-up process has been
completed and the well is turned to the sales line we will be able to establish a long term production
rate from the well.
The construction of production facilities will begin next week and it is planned to have first sales
turned through this facility by the end of this month. Oil produced and ready for sales has totalled
over 1,100 barrels gross (506 barrels net to Pryme) to date and natural gas is being flared before
being connected to the existing gas sales line later this month.
“The drilling of this well has been an anxious time for Pryme’s management team and shareholders
and I am sure the result speaks for itself,” said Justin Pettett, Pryme’s Managing Director. “We look
forward to the further development of the project in the coming months.

Looks GOOD. With the choke set at 15/64 they should not over produce the well. Looking GOOD so far.

Views: 2338

Replies to This Discussion

Thanks for all of the information. Does anyone know how the bidding process is going for Devon in their effort to sell their leases in the TMS? 

RSS

Support GoHaynesvilleShale.com

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service