The company announced that it has decided to continue with its Cole Creek Frontier 1 recompletion program.
SEATTLE (Oil Monster): The Canadian Overseas Petroleum Limited (COPL) and its affiliates announced first oil production from the Frontier 1 sands at its Cole Creek Unit in Wyoming. According to the company, 11-27-35n-77w well is currently pumping 125-135 bbl./d of fluid through 65’ of unstimulated perforations. The company had initiated recompletion operations on the well in the last of December.
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The lowest of three Frontier 1 sands was perforated with sixty-five feet (65’) of perforations. The well was then put on pump for clean up. The 11-27 Frontier 1 completion was the second completion attempt in the Frontier 1 in Cole Creeks history. The first unsuccessful attempt was carried out by Mobil way back in 1966. The oil production from the Frontier 1 from the 11-27 well at Cole Creek is expected to have a significant impact on the company’s petroleum resources.
The company announced that it has decided to continue with its Cole Creek Frontier 1 recompletion program.
Arthur Millhollland, President and CEO, COPL commented that the results from the Frontier 1 11-27 recompletion will be a game changer for the company. The results confirms the internal evaluation of the Frontier 1 after the drilling and evaluation of its 14-30 exploration well last year, he added.
United States Crude Oil Prices | |||
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Alabama Light Sour | 74.08 | +0.28 | |
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Alabama Light Sweet | 79.08 | +0.28 | |
Alabama/ Florida Panhandle | 75.82 | -1.30 |
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