The Baxterville field spans over 13,000 acres, with more than 300 producing wells. The field has produced 262 million barrels of oil and 450 billion cubic feet of gas, primarily from the Tuscaloosa formation.
The wellbores on the Baxterville field prospect have produced from the Lower Tuscaloosa Sand at a depth of 8,800ft. The three wells have produced more than 500,000 barrels of oil and were producing 200 barrels of fluid, with a 5% oil cut when they were shut-in in 2006.
Kent Rodriguez, CEO of Avalon, said: “We are very excited about this prospect and look forward to a successful workover programme on the Baxterville leasehold wellbores in the next 60 days. We are going to install a hydraulic lift system, increase the volume of fluid recovery from the two equipped wellbores in excess of 2,000 barrels of fluid per day, and hope to maintain an oil cut of at least 6%.”
