CEO Randy Eresman: “Our first well flowed during a 30-day initial production test at about 2.5 million cubic feet per day, including natural gas liquids constituents and condensate.”
Eight of Concho’s rigs are operating in New Mexico; seven of the rigs are drilling Yeso wells and one is drilling Lower Abo wells.
The well targets the Dakota Silt and Lower Mancos zones and after seven days was producing 1.02 MMcf/d.
Such emerging shale-gas plays as Utah’s Manning Canyon and Illinois’ New Albany were the focus of researchers at the 2010 RPSEA conference in Denver.
Two of the three wells being drilled in Bolero Field in Lincoln County are development wells.
The company and its partner have established first oil production for the Atoka and Cherokee shales in the southern part of the Denver Basin.
Mesa Energy reports its Coal Creek project targeting gas in the Hunton Sand, the Brent Sand, and a shallow Atoka gas reservoir.