Following two years of persistent exploration effort in the Lower Smackover Brown Dense formation in southern Arkansas and northern Louisiana, which has included seven challenging, expensive evaluation wells and an inordinate amount of "science" work, Southwestern Energy (SWN) reported last Thursday its first well that the company considers commercial.
A Commercial Well Result Finally Delivered
Southwestern's eighth test in the play, the Sharp 22-22-1 #1 which is a vertical well located in Union Parish, Louisiana (map below), was completed with 3 stages at the end of July and has achieved a peak 24-hour production rate of approximately 600 barrels of condensate and 1.3 MMcf of 1,240-Btu gas per day, or over 800 Boe/d. After 88 days, the...
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