Crimson Exploration Inc. (Nasdaq: CXPO) continues to progress on its Texas wells which target the Eagle Ford shale and Bossier tight gas play.
In Liberty County, TX, the Catherine Henderson #A-9 (66.0% WI) commenced production at the end of March at a gross daily rate of 9.6 Mmcfe, or 4.4 Mmcf, 578 barrels of condensate and 286 barrels of natural gas liquids on a 12/64th choke and 7,200 psi of flowing tubing pressure. This well was drilled to a total measured depth of 13,150 feet in the Cook Mountain formation. Crimson is currently drilling below 12,850 feet on the Catherine Henderson B-4 (64.0% WI) toward a total measured depth of 13,500 feet and is scheduled to spud the Catherine Henderson A-10 (66.0% WI) in May.
In the Crimson’s Bruin Prospect Area of San Augustine County, TX, the company has successfully completed 14 stages of frac on the Kodiak #1 well (70% WI) in the Mid Bossier Shale and expect initial production to begin within the next two weeks. Completion operations have commenced in the Haynesville Shale formation on the Blue #1 well (70.7% WI), also in the Bruin Prospect Area, with initial production expected around the first of May.
Additionally, Crimson anticipates spudding the KM Ranch #1 well, the company’s first Eagle Ford well in Zavala County, TX, by the beginning of May. The company has approximately 4,675 gross acres (50% WI) in Zavala County that it believes to be prospective in the oil window of the Eagle Ford Shale. This operated well is expected to be drilled to a total measured depth of approximately 12,500 feet, with a projected 5,500 foot lateral.
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