Australian oil and gas firm Titan Energy has commenced commercial production at the initial test well of at Allen Dome oilfield in Brazoria County, Texas, US.
JT Reese #14 well is presently producing 100% high gravity (44°) oil at 80psi on a 16/64 choke.
During the first 72 hours of testing, the well has produced 348 barrels (116 BOPD) of flush, following a perforation from 3932 to 3942′, a 10ft section of the approximately 70ft of net pay as defined by logging in this particular zone.
The zone is a first among the 8 prospective hydrocarbon bearing pay zones, as indicated by both open hole and cased hole logging.
The Australian firm has funded 25% of the drilling and completion cost and has 50% working interest in JT Reese #14.
Titan CEO Brad Simmons said: "The JT Reese #14 is the most significant well drilled in Titan’s history. It is not the production rate alone that makes this the case but the process.
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By GlobalData"We overcame technical drilling and downhole conditions that have caused major issues for other operators on Allen Dome."
The firm is presently continuing drilling operations at the second test well, JT Reese #15, under the planned 5 well initiative. Titan
Drilling at the well is currently at 2,450ft, after Titan Energy completed operations through the overhang.
The firm now seeks to extract oil from the potential pay zones identified in offset wells from 2,600ft to 4,300ft.
