Chinese-owned Surge Energy made a small piece of history in the Permian Basin of West Texas — drilling the longest lateral for a horizontal well.
Surge recently completed a well on the company’s Medusa Unit C lease about 8 miles northeast of the Borden County town of Vealmoor. The lateral section of the horizontal well runs a record 17,935 feet underground where it targets the Spaberry formation.
Surge Energy CEO Linhua Guan said initial production from the record-breaking well is expected begin during the third quarter.
"We are extremely proud of our technical and operations teams in this record setting achievement,” Guan said.
Houston pipeline operator Kinder Morgan is preparing for a round horizontal drilling in West Texas where the company owns a handful of oil wells that are stimulated by injecting carbon dioxide underground. The company plans to recomplete four wells targeting the Yates field in Pecos County, drill three water supply wells in Border County and drill one carbon dioxide injection well in Scurry County.
Eagle Ford Shale
The Houston company Pursuit Oil & Gas plans to drill six new gas wells in Webb County. Located southwest of Encinal, the wells target the natural gas-rich Hawkville field of the Eagle Ford geological formation at total depths up to 11,750 feet.
Dallas natural gas company Aethon Energy plans to drill eight gas wells in San Augustine County in East Texas. The wells target the Carthage field of the Haynesville geological layer down to a total depth of 14,000 feet.
Fort Worth exploration and production company 1849 Energy Partners plans to recomplete a horizontal well in Wise County. Located about 6 miles northwest of Pander, the well targets the Newark East field of the Barnett geological layer down to a total depth of 9,000 feet.
Wichita Falls oil company Slant Energy plans to drill four vertical wells on three leases in Wilbarger County. The oil wells on the company’s Whitefish, Condon and Waggoner leases target various geological formations at depths up to 9,000 feet.