I had the following observations on Sat. 1) A loud 20+ foot flare, mainly yellow with signs of condensate\oil. 2) A tanker (with pup) was pulling off the lease presumably with a load of condensate\oil. Roughly 150 bbls after only about 14 hours of cleanup flow is not bad boys!!! 3) Computalog was on lease presumably preparing to production log.
Note that Esso will have to shut the well in (Sun and probably Mon, too) before they can start the 4 point flow test from stabilized reservoir conditions. So, not much more to be learned from field visits for a couple days and one should not expect to be seeing any more flares until sometime Tuesday.
The well is definitely a keeper!!! At a minimum, a very, very good gas well with a high yield of condensate. (But, do note that the well may be yielding some oil, too. I can't tell yet.)
Unlike the BEA\STF Hartell sour gaswell which was miles from a tie-in point (and so remains shut-in today), this well is "sitting on the doorstep" of the Quirk Creek Gas Plant which has lots of capacity and is operated by, you guessed it, Esso!! Assuming 30 days for the 4 point test and pressure build-up, 60 days for design and approvals, 120 days for procurement and construction, this baby can be generating $$ before year end, IF the parties fast track it. |
