Liberty Energy has finalized plans for the next stage of its multi phased well re-entry program on its Lockhart Lease, Caldwell County, Texas.
The company has recently reported the successful work-over of three wells on its Lockhart lease that are now producing consistently and recovered approximately 250bbls of oil during the first 36 hours of production.
The next stage of this multi phased work-over program will be to drill the Alexander A #2 well to a target depth to produce from the Edwards shale play.
The company plans to commence work in early February, aiming to have the well online by mid February.
The Edwards limestone formation underlies the Eagle Ford Shale and Austin Chalk formations.
The company further stated that it is considered by geologists to be the original source of hydrocarbons that are now found in the Eagle Ford shale and Austin chalk above it.
Compared to other shale formations, it is brittle and contains as much as 70% calcite and high silica content with an average clay content of 11%.