The Janssen #1A was originally drilled by Cities Service and produced for 20 years in several lower zones. Proex Energy took over the well in December 2006 for recompletion procedures by performing a sidetrack re-entry in the existing wellbore. The target sand was the Roeder Sand which is a specific section of the Wilcox Sand Series. Roeder was perforated and produces naturally at this time. A Hydraulic Frac Stimulation may be required sometime in the future. The well was recompleted in the 10,300 foot Roeder Sand zone in April 2007. The well came online May 1, 2007 and has been producing for four months. The Janssen #1 has produced steadily 230,000 mcf gas per day and 5 barrels of Oil/Condensate.
The original Quarry #1H well was drilled by Chesapeake in 1996, and they experienced reported “open flow” gas rates of approximately 25 million cubic feet gas per day. This well was acquired by Clay Energy from Chesapeake Energy in 2002. Clay Exploration has produced the well consistently since that time. However, it was determined that the well was capable of greater production than what was being produced. Clay Energy went back in and implemented a fracture treatment on the well. During completion, there were mechanical problems and the horizontal leg was subsequently not completed to its fullest potential. As recently as November 2007, a second fracture treatment on the well was executed utilizing 10,000 barrels of water and 200,000 lbs. of sand or proppant and injected into the wellbore at extreme velocities. This “fracturing” caused the productive zones to open up and has resulted in greatly increased pressures of 10,000 lbs. bottom hole pressure. The well, as tested, when at its full potential should produce between 3-5 Million Cubic Feet of Gas per day, making it an excellent candidate for production acquisition. Rockwell Energy of Texas believes up to 15% of the non-operated Working Interest in this well could be acquired.
Brazoria County,
Texas Miocene / Frio Formation
The Damon Mound Point Par Prospect is a result of a strategic
partnership with a Houston, Texas based oil and gas company.
Rockwell has enjoyed a long standing relationship with this
strategic partner and is excited about the opportunity to
participate in this prospect. The Point Bar Prospect is four low
cost ($500K approx.), low risk locations with a potential of
100,000 barrels of oil per location. The geology and
radiometrics suggest that a total of 300,000 barrels of reserves
could be in place and recoverable. Based on the geology ,
interpretation of the 2D seismic data, and an evaluation of the
existing production, it is reasonable to be optimisitc 3 wells
will be successfully completed. These scientific evaluations
reduce risk and therefore enhance the expectation of short term
payout, return on investment and profit.
