The company’s Brown #2-12 well is the first of a series of wells planned on the 1,343-acre Dansville prospect.
AED said it targets to drill wells down to 40-acre spacing, and believes that, based on data from analogue wells, 200,000 barrels of oil per well recoverable is inline with reasonable expectations.
The company’s interpretation of the 3-D seismic indicates that the structure targeted by Brown #2-12 is the same structure as a well drilled in 1972, that reported an initial production rate of 583 barrels of oil per day and cumulative production in excess of 250,000 barrels of oil.
