The Payne tested at a gross initial production rate of 1,332 barrels of oil equivalent per day (boepd), or 1,128 barrels of oil, 112 barrels of natural gas liquids and 554 million cubic feet (mfc) of natural gas, on a 40/64th choke and 328 psi of tubing pressure.
The well was drilled to a total measured depth of 16,130ft, including a 7,460ft lateral and was completed using 26 stages of fracture stimulation.
Including the Payne well, which located in Texas’ Madison County, the company has completed three operated wells and one non-operated well in Crimson’s Force Area with an average IP rate over 1,300boepd, and an initial oil rate of over 1,140bopd.
In the Force Area, Crimson Exploration has about 5,975 net acres, or 34 additional net drilling locations based on 160 acre spacing.
US-based independent energy company Crimson Exploration owns and operates conventional properties in Texas, Louisiana, Colorado and Mississippi.
