WPX to develop San Juan Gallup oil di...

WPX to develop San Juan Gallup oil discovery in New Mexico (OIl and Gas Journal)

Posted in the Lubbock Forum

John Ford

Florence, AL

#1 Aug 8, 2013
WPX Energy Inc., Tulsa, will drill 8-10 development wells in New Mexico in 2013 near a San Juan basin oil discovery at which the first four wells flowed at commercial rates from Cretaceous Gallup sandstone.

Maximum rates at the first four wells were 488, 623, 1,004, and 800 boe/d. The company said it has already spudded three of the development wells. WPX is drilling 4,300-ft laterals in Gallup at 5,400 ft true vertical depth.

The company didnít give the location of the discovery but said it is in an area of the basin that is not subject to seasonal closures. The company expects the new field to be producing 3,400 boe/d by yearend. It trucks the oil to a nearby pipeline injection point.

WPX said it has nearly 100% working interest in more than 31,000 net acres of leases in the oil window of the basin for its Gallup sandstone development and is attempting to expand its holding. The companyís initial estimate of resource potential on the existing acreage is 66 million boe. For the rest of the article use this link ---> WPX Energy Inc., Tulsa, will drill 8-10 development wells in New Mexico in 2013 near a San Juan basin oil discovery at which the first four wells flowed at commercial rates from Cretaceous Gallup sandstone.

Maximum rates at the first four wells were 488, 623, 1,004, and 800 boe/d. The company said it has already spudded three of the development wells. WPX is drilling 4,300-ft laterals in Gallup at 5,400 ft true vertical depth.

The company didnít give the location of the discovery but said it is in an area of the basin that is not subject to seasonal closures. The company expects the new field to be producing 3,400 boe/d by yearend. It trucks the oil to a nearby pipeline injection point.

WPX said it has nearly 100% working interest in more than 31,000 net acres of leases in the oil window of the basin for its Gallup sandstone development and is attempting to expand its holding. The companyís initial estimate of resource potential on the existing acreage is 66 million boe. For the rest of the article use this link --->WPX Energy Inc., Tulsa, will drill 8-10 development wells in New Mexico in 2013 near a San Juan basin oil discovery at which the first four wells flowed at commercial rates from Cretaceous Gallup sandstone.

Maximum rates at the first four wells were 488, 623, 1,004, and 800 boe/d. The company said it has already spudded three of the development wells. WPX is drilling 4,300-ft laterals in Gallup at 5,400 ft true vertical depth.

The company didnít give the location of the discovery but said it is in an area of the basin that is not subject to seasonal closures. The company expects the new field to be producing 3,400 boe/d by yearend. It trucks the oil to a nearby pipeline injection point.

WPX said it has nearly 100% working interest in more than 31,000 net acres of leases in the oil window of the basin for its Gallup sandstone development and is attempting to expand its holding. The companyís initial estimate of resource potential on the existing acreage is 66 million boe. For the rest of the article use this link ---> http://www.ogj.com/articles/2013/08/wpx-to-de...

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