More News, trying to get a feel for TDXT
HOUSTON--(BUSINESS WIRE)--July 30, 1998--3DX Technologies Inc. (NASDAQ:TDXT) today announced results from the latest two wells in the Four Isle Dome Field, located in Terrebonne Parish, Louisiana. The LL&E State Unit B-2 well encountered over 100 net feet of pay in two zones, at depths ranging from 13,040 to 13,700 feet(MD). The well was completed in April, and is currently producing from an interval at 13,700 feet with a sustained rate of 18 million cubic feet of gas per day (MMCFD), and 390 barrels of condensate per day (BCPD). The LL&E State Unit B-1st2 well encountered 65 net feet of pay in two zones, at similar depths. In July, this well was completed in a zone at 14,090 feet(MD), and is currently producing 15.3 MMCFD and 360 BCPD. The company owns 5 percent working interest in each of these wells. Burlington Resources is the operator of the wells with a 45 percent working interest. These two wells are part of an ongoing development program in this field based on 50 square miles of proprietary 3-D seismic data acquired in 1996. |