Lux Energy, an oil and gas production and exploration company, has said that the operator of the Woodrush project in the Peace River Arch, Northeast British Columbia, has released the results of a 24 hour production test of the new oil discovery on the property. The well was subsequently completed in the Halfway sand and flow tested in excess of 500 barrels of oil per day (bo/day) of light sour oil during the test.
Lux Energy has a working interest in this project. The production casing was set on the well after it encountered a halfway oil pool and other production horizons. Pipelines are now being laid to the operator’s central production facility. Production is to commence soon at rates between 300-400bo/day.
A third well drilling was planned in March, but was deferred in anticipation of an early end to the winter drilling season caused by unseasonably warm weather, the company said.
The operator is currently updating the seismic interpretation of the Woodrush field with the new well information. Additional drilling at Woodrush over the near term is anticipated.
Shane Broesky, president of Lux Energy, said: “This addition boosts the Woodrush gross production to over 1000BOE/d, approximately 50% oil. The two new wells drilled and completed this March will more than double operating netback to the operator from this field.”