HOUSTON, TEXAS, Sept. 5, 2012 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Company") today announced the successful completion of the AM Easterling-Gresham A 1H in Leon County, Texas.
The AM Easterling-Gresham A 1H (92% working interest) was completed in the Woodbine formation and had an initial gross production rate of approximately 942 barrels of oil equivalent per day (Boe/d), or 919 barrels of oil and 139 mcf of natural gas, on a 32/64 choke. Average daily production from the well over its first seven days was approximately 831 Boe/d (97% oil). The well was drilled to a total measured depth of 14,265 feet, including a 6,730 foot lateral, and was completed with 24 stages.
The Company is currently running three operated rigs in its Woodbine/Eagle Ford play in East Texas and expects to add two additional operated rigs by mid-September.
http://investors.halconresources.com/releasedetail.cfm?ReleaseID=70...
The commitment of drilling capital is obviously there. Can someone check the drilling data and see how long it took to drill the Easterling-Gresham and how long between rig down to IP?
There is also an updated presentation up:
http://investors.halconresources.com/eventdetail.cfm?EventID=118489
I didn't notice anything new/of new interest, but I think some of the maps may be crisper. I'm behind on some things and would appreciate a heads up if any eyes notice anything else.
Tags: Eagle, Ford, eaglebine, oil, woodbine
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
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