Upon completion of the joint operating agreement by 100% of the working interest parties, Matrixx and the lease operator intend to test the upper Wilcox series of sands.
Test depth is expected to penetrate the formation and log at 7,850ft. This well is proposed to test these sands that are above the ‘over pressure’ Wilcox sands.
The Sanger-Heirs (Wilcox) Prospect is located northeast of the Rhode Ranch East Field.
A second major Upper Wilcox field was discovered northeast adjacent of the prospect in Elms Field. The 7 best Slick wells in this field produced 43.6bcf of gas.
A third Wilcox Slick Sand field is located east and adjacent of the prospect. This is a small field consisting of 4 wells drilled deep enough to test the Slick Sands. The three best wells in this field produced 7.2bcf of gas.
A fourth Wilcox Slick Sand field is south of the acreage in Cloeter and Sanger Ranch Fields. Each field has one well, which produced in the Slick Sand. These two wells produced 3.27bcf of gas out of an anticline bordered to the west by a substantial up-to-the-coast fault.
The prospective anticline is bordered to the northeast by Arco-Riser #3 well and the M.P.S. Prod.-Riser #3. The top of the Slick Sand is at -6833′ and -6808′ respectively. This shows a 25ft gain of structure to the southwest. On the southwest side of the structure, the Southland-Sanger #1 well was drilled and the top of the Slick Sand came in at -6836′.