Posted in | News | Natural Gas | Oil Shale

Sun River Energy Begins Production at Neal Heirs No.1 Well

By Joel ScanlonApr 16 2011

Sun River Energy has commenced production at the Neal Heirs # 1 well on March 31, 2011. The Neal Heirs # 1 well is perpendicularly drilled to 11,057 feet of total depth in Panola County, Texas.

The company has completed the well in the Haynesville Shale geological structure at 10,214' to 10,716'. The well is sited in the productive Carthage Field. After the fracture treatment, the well primarily closed at 5,386 PSI tubing pressure. The well is currently generating both natural gas and crude. The well is running at 2,256 MCF per day with a steady tubing pressure of 3,320 PSI.

Sun River Energy holds a 77.5% operational interest in the well and Sun River Operating is controlling the well. The well has surpassed the expectation of the company in all the ways. Now, the company is arranging to drill two more wells in the adjacent gas units and is anticipating identical results. The company is developing deep unconventional gas at inexpensive rates. The initial estimate shows that total discovery and expansion cost per MCFE of natural gas will be approximately $1.24. This makes the company to be at the top position of low cost producers in the natural gas market.

Source:

http://www.snrv.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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APA
Scanlon, Joel. (2019, February 18). Sun River Energy Begins Production at Neal Heirs No.1 Well. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=3918.
MLA
Scanlon, Joel. "Sun River Energy Begins Production at Neal Heirs No.1 Well". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=3918>.
Chicago
Scanlon, Joel. "Sun River Energy Begins Production at Neal Heirs No.1 Well". AZoMining. https://www.azomining.com/News.aspx?newsID=3918. (accessed November 22, 2024).
Harvard
Scanlon, Joel. 2019. Sun River Energy Begins Production at Neal Heirs No.1 Well. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=3918.