Join our daily newsletter At The Bell to receive exclusive market insights
- Brookside Energy (BRK) successfully lands, sets and cements production casing string in preparation for the start of operations at its Jewell Well
- Drilling continues in the horizontal section of the wellbore in the Sycamore formation
- The Latshaw Drilling Rig 14 has been released and demobilisation has commenced
- The company is now preparing for the arrival of well stimulation equipment and final operations
- Ahead of market open, Brookside Energy last traded at 2.6 cents on June 8
Brookside Energy (BRK) has seen its production casing string successfully landed, set and cemented in preparation for the start of operations at its Jewell Well in Oklahoma.
The Jewell Well is Black Mesa Energy operated, a subsidiary of Brookside, and is being drilled by Latshaw Drilling Company. Jewell is being drilled as a mid-length horizontal well, targeting the Sycamore formation at a depth of around 7,500 feet (approximately 2,286 metres).
Drilling operations have been continuing in the horizontal section of the wellbore in the Sycamore formation, which has resulted in extensive oil and gas shows, elevated gas readings and the identification of potential natural fracture systems.
The Jewell Well reached around 14100 feet (around 4297 metres) before tripping out of hole for scheduled maintenance. Production casing was subsequently landed, set and cemented in the horizontal section of the well.
The Latshaw Drilling Rig 14 has now been released and demobilisation has commenced.
The company is now preparing for the arrival of well stimulation equipment and final operations. The company says it is now set to begin building its production tank battery, oil and gas separators.
Brookside is also preparing to construct a six inch, roughly 2700-foot gas line from the Jewell Well to a tie-in point on a nearby gas gathering system.
“We are delighted to report the successful completion of the drilling and casing operations on our much anticipated high-impact Jewell Well,” said Brookside Managing Director David Prentice.
“This well has now been further de-risked with the lateral landed as planned in the Sycamore formation, with extensive oil and gas shows and evidence of natural fracturing, and importantly production casing has now been set and cemented in place.”
Brookside Energy last traded at 2.6 cents on June 9.
