The initial well was perforated in one of the lower zones. Since perforation, the well has flowed at rates of 400-550 barrels of fluid per day with an oil cut ranging from 50% to 70%. The natural gas production rates are estimated to be between 200 mcf and 300 mcf per day. A gathering line is being laid and the well should be producing, and subsequently selling, both gas and oil very shortly, the company said.
The 2nd, 3rd and 4th wells have now all been drilled and all flowed oil at good pressures and volume in drill stem tests taken from significant zones. Electric logs indicate that the drilling of all wells may have intersected up to nine separate pay zones. The initial indications are that on the fourth well, two pay zones were intersected which total approximately 34ft of hydrocarbon pay. In addition, there may be several other smaller pay zones.
Because of the drilling programme, there may be the potential for one or more offset wells in which Delta will participate. Delta owns a 5% working interest in the wells covered by this drilling programme and has fully paid the costs associated with this programme.
