- Brookside Energy (BRK) completes the multi-stage hydraulic stimulation of the Jewell Well, located in the Anadarko Basin, Oklahoma
- Last week, the company appointed Liberty Oilfield Services to commence hydraulic fracturing at Jewell
- This stimulation has now been completed as planned, with the reservoir stimulated and the equipment is now rigged down and demobilised
- Brookside is now completing the final stage of the overall operations, which is expected to take 14-20 days to complete
- Brookside is up 3.33 per cent, trading at 3.1 cents per share at 10:38 am AEST
Brookside Energy (BRK) completes the multi-stage hydraulic stimulation of the Jewell Well, located in the Anadarko Basin, Oklahoma.
Last week the company appointed Liberty Oilfield Services to commence hydraulic fracturing at Jewell.
This stimulation has now been completed as planned, with the reservoir stimulated and the equipment is now rigged down and demobilised.
Hydraulic fracturing, or hydrofracking, is a well-stimulation technique involving the fracturing of bedrock formations by a pressurised liquid.
Managing Director David Prentice is pleased with the completion.
“We are very pleased that this critical part of the completion of the Jewell Well has been successfully executed by the Liberty crew under the supervision of the Black Mesa team and our specialist contractors,” Mr Prentice said.
“Effectively treating each stage as designed is obviously a very important step in the process of bringing this well into production.”
The gas pipeline to the tie-in point on the DCP Midstream (DCP) sales line has also been completed, connected and tested in preparation for production.
Brookside is now completing the final stage of the overall operations. This includes the removal of the isolation plugs, cleanup and recovery of stimulation fluid.
This stage is expected to take approximately 14-20 days to complete.
Brookside was up 3.33 per cent, trading at 3.1 cents per share at 10:38 am AEST.