Cisco Energy LLC reports production results from its horizontal drilling program in the Mississippi Lime formation in northern Oklahoma.
According to the release, the company has completed four operated wells with strong flow rates.
Cisco’s Sawgrass 33-1H well located in Grant County, Okla., tested 285 barrels of oil per day and 492 thousand cubic feet of natural gas per day, or 367 barrels of oil equivalent per day, and 2,400 barrels of water per day from a lateral drilled to a measured depth of 10,137 feet. The well was completed in December 2012 and had an initial 30-day production rate of 288 barrels of oil equivalent per day, which is 77% oil. The Sawgrass well is an east offset confirmation well to Cisco’s Pebble Beach 32-1H well and a north offset to Cisco’s Barbados 20-1H well in adjacent Garfield County, Okla.
The Pebble Beach 32-1H well was completed in July 2012 with a 30-day production rate of 176 barrels of oil equivalent per day, which was 75% oil. The Pebble Beach well continues to produce at a rate of 203 barrels of oil equivalent per day. The well produced 24 thousand barrels of oil equivalent over a five-month period from August 2012 to December 2012.
The Barbados 20-1H well, located 3.5 miles south of the Sawgrass well, was completed in August 2012. The Barbados well had a 30-day production rate of 183 barrels of oil equivalent per day, which was 82% oil, and is currently producing at a rate of 170 barrels of oil equivalent per day. Cisco has a controlling interest in the offset sections surrounding the Sawgrass, Pebble Beach and Barbados wells.
In November 2012, Cisco also completed the Badger 3-1H well in the Gilbert area of Grant County about 12 miles northwest of the Sawgrass well. The Badger well flowed at an initial 30-day production rate of 275 barrels of oil equivalent per day.
Cisco Energy LLC is a privately held independent oil and gas producer headquartered in Plano, Texas.