FIELD ACTIVITIES / Neutrino Resources Reports on Lessard 13-25 Well
NEUTRINO ON PRODUCTION WITH LESSARD 13-25 WELL
CALGARY, Jan. 19 /CNW/ - Calgary-based Neutrino Resources Inc. today
announced its Lessard well, (13-25-123-18W5M) was placed on production on
December 29, 1997 and has been producing continuously since that date. It was
initially producing 270 barrels of oil per day and has been choked back to its
current level of 240 bop/d.
Gordon Thompson, Vice President, Operations and Engineering, Neutrino
reported ''the water cut is only 1% and hydrogen sulphide has dropped to 3%
with a small amount of gas present. The well will continue production until
early March. The winter drilling program for this area will start this week
and two additional horizontal wells will be drilled in January and February to
develop this Keg River Formation oil pool.''
Thompson reported that should these additional two wells also be
successful, production tests will be run until surface access ends in March,
1998. He said a large 3D seismic program is expected to be shot during
February, 1998. Thompson said ''Construction of a pipeline and storage
facility with a terminal at the Hay River highway is being considered for late
1998 or early 1999''. Neutrino is the operator on the 13-25 well and its
partners are Sawtooth International Resources Inc. and Blue Springs Resources
Inc.
Neutrino is currently beginning an aggressive winter drilling program
which includes a minimum of 2 development wells and 5 exploratory wells by the
end of first quarter, 1998. Neutrino's year end production met their 1997
year-end projections, reaching 3,501 barrels of oil equivalent per day,
(BOE/day). |
