SUGARLOAF AMI PRODUCTION AND OPERATIONS UPDATE
Adelphi Energy Limited ("Adelphi") is pleased to provide the following update on production
and operations at the Sugarloaf AMI within the Sugarkane Gas & Condensate Field, Texas.
Kennedy #1H
This well was the first to be brought on line following stimulation and has been on continuous
production since 29 January 2010, it has not yet had production tubing installed.
Q1 2010 gross production - 29/01/10 to 31/03/10 (62 days)
Total Gas – 151 mmscf (average 2.44 mmscf/d)
Total Condensate – 31,383 bbls (average 506 bpd)
Average Daily Gas Equivalent – 9.12 mmscfe/d^
60 day gross production
Total Gas – 148 mmscf (average 2.47 mmscf/d)
Total Condensate – 30,825 bbls (average 514 bpd)
Average Daily Gas Equivalent – 9.26 mmscfe/d^
Weston #1H
This well has been on continuous production since 16 February 2010 and has not yet had
production tubing installed. The 60 day gross production has been estimated to allow
comparisons to be made.
Q1 2010 gross production - 16/02/10 to 31/03/10 (44 days)
Total Gas – 253 mmscf (average 5.76 mmscf/d)
Total Condensate – 16,648 bbls (average 378 bpd)
Average Daily Gas Equivalent – 11.74 mmscfe/d^
60 day gross production*
Total Gas – 342 mmscf (average 5.7 mmscf/d)
Total Condensate – 21,351 bbls (average 356 bpd)
Average Daily Gas Equivalent – 11.4 mmscfe/d^
^equivalent gas rates have been calculated using an industry standard 12:1 conversion of oil
to gas and an uplift to the gas volume of 25% representing the high calorific content of the
gas.
*this figure is based on 57 days data and 3 days extrapolation based on the decline observed
in the last day of reported data.
2
On 25 March 2010 Adelphi reported 30 day average production figures (calculated on the
same basis) and these were: Weston #1H – 11.5 mmscfe/d and Kennedy #1H – 11.7
mmscfe/d.
By comparison the Petrohawk (NYSE:HK) announcement released on 01/02/10 had a 30 day
average from 19 wells in its Hawkville Field at 7.8 mmscfe/d and a 60 day average from 18
wells at 6.6 mmscfe/d when calculated on a 12:1 basis.
Agentm, do you think fitting production tubing will have a significant impact on the flow rates?
Good announcement, flow rates are excellent, expecially for Kennedy when only 1500 ft (by memory) was fracced. Then we have Weston that was a chalks well producing above average gas production from surrounding areas.
These two wells clearly show what is possible of these new wells, the horizontals will be over 3 times bigger and will encounter both zones.
I think we might have 3 monsters on our hand if all fraccs go to plan.
All IMO
on a different note, 5,000 posts on ADI thread, amazing
Kennedy
• The well is flowing from approximately 2,200 ft of stimulated Eagle Ford Shale with the remainder of the 4,000 ft horizontal liner isolated and not contributing.
Kennedy #1H
This well was the first to be brought on line following stimulation and has been on continuous production since 29 January 2010, it has not yet had production tubing installed.
Q1 2010 gross production - 29/01/10 to 31/03/10 (62 days)
Total Gas – 151 mmscf (average 2.44 mmscf/d)
Total Condensate – 31,383 bbls (average 506 bpd)
Average Daily Gas Equivalent – 9.12 mmscfe/d^
60 day gross production
Total Gas – 148 mmscf (average 2.47 mmscf/d)
Total Condensate – 30,825 bbls (average 514 bpd)
Average Daily Gas Equivalent – 9.26 mmscfe/d^
Weston
Adelphi has been advised by the Operator, Hilcorp Energy, that following a successful fracture stimulation of 3,000’ of horizontal section...
Q1 2010 gross production - 16/02/10 to 31/03/10 (44 days)
Total Gas – 253 mmscf (average 5.76 mmscf/d)
Total Condensate – 16,648 bbls (average 378 bpd)
Average Daily Gas Equivalent – 11.74 mmscfe/d^
pretty spectacular imho
oh.....my.......god....agentm that takes the cake, who do you think you are telling people what they can post on here, you do NOT run this forum.
unbelievable
Mick,
Most of the folks in the UK misguidedly think that all of the aussies act in the same manner as agentm so the nature of his posts won ´t come as a surprise to those folks.:bonk::bonk:
Can someone explain why they haven't put production tubing on the first two wells?
Can this be done simultaneously with the other drilling that's going on?
I think agentm posted a while ago that production tubing increased flow by 30% and I just did a few quick calculations, they're missing out on around $10k/day per well by not including the tubing.
Also interesting to note that they have decided to frac Morgan before Easley now, I'm keen to see what production comes from the 5000ft horizontal.
Can someone explain why they haven't put production tubing on the first two wells?
Can this be done simultaneously with the other drilling that's going on?
I think agentm posted a while ago that production tubing increased flow by 30% and I just did a few quick calculations, they're missing out on around $10k/day per well by not including the tubing.
Also interesting to note that they have decided to frac Morgan before Easley now, I'm keen to see what production comes from the 5000ft horizontal.
Trying to get more informed on ADI, are there any producers that ADI is associated with. I mean I see EOG and Hilcorp mentioned quite a bit, but is ADI in with these guys or are the just the ones doing the drilling in and around sugarloaf. If ADI comes up our way do they operate as ADI or are they using a different name. Just trying to be more informed.
adi aut and eka on the ASX and a private company called TCEI are in a jvp with hilcorp. hilcorp have just taken over as operators from texas crude ind inc..
the AMI is 23000 odd acres. AUT has extended their position into further acres with TCEI and Hilcorp
Hilcorp are buying more regional acreages
you wont see adi in gonzales imho
TCEI and conoco have combined acreages and we know TCEI originally made the discovery well in live oak called kunde 1 in 2006 when it was in partnership with burlington, which was taken over by conocophillips
adi is just a partner here.. not an operator
hilcorp are doing an outstanding job right now on the play as operator..
amazing outfit imho
So, Agentm, I see Hilcorp is drilling its first well on the Barnhart ranch lease at Pilgrim Lake, about .5 mile se of Pilgrim and 4 miles or so north of Westhoff. You are saying ADI does not have any part in these wells, that Hilcorp is doing the Gonzales county wells on their own? Also, more coffe house talk, EOG is looking to drill around 400 wells in Gonzales
County on their leases over the next 2-3 years, for what it's worth.
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