Friday, November 16, 2018

Freedom Oil & Gas begins continuous drilling program in Eagle Ford



Freedom Oil & Gas Ltd., Houston, is moving to a single-rig, continuous drilling program on its Eagle Ford shale acreage in Dimmit County, Tex., following successful testing of its acreage position.

Freedom holds 100% working interest—75% revenue interest—on its acreage in the condensate window of the Eagle Ford, on which it has drilled 6 wells.

The initial 30-day production average from each of the four recently completed horizontal wells drilled on the Hovencamp pad averaged 1,128 boe/d, while being choked back to optimize reservoir pressure, said J. Michael Yeager, Freedom chairman and chief executive officer. The four wells, drilled with an average lateral length of 7,500 ft and hydraulically stimulated with a 30-stage application and 50% more water than the company’s first two Wilson pad wells, are flowing at 500 psi average wellhead pressure. The high-intensity completion design will be applied going forward, Yeager said.

Freedom has executed a 6-month contract with an optional 6-month extension for a fit-for-purpose rig with Orion Drilling Co. The first well in the continuing program began drilling on Aug. 26 on the Wilson pad. Three horizontal wells—the Vega 1, 2, and 3—are planned on the pad, targeting the lower Eagle Ford formation, with expected lateral lengths of about 7,500 ft. The two original Wilson wells will be shut in during drilling operations. After the Vega wells are finalized, the rig will move to another location and continue drilling.

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