2. Shallow Drilling Program
The shallow prospects to be drilled in the Initial Wells and Final Wells programs are analogues of historic prolific Frio and Vicksburg sands production in the project area at 2,000 meters depth. The prospects with mean target outcomes and final well depths for the Initial Wells programs are as follows;
El Viejito Prospect 1.6 BCF 1,920 metres
Dos Dedos Prospect 1.2 BCF 975 metres
Milagro Prospect 2.0 BCF 1,585 metres.
The Final Wells program prospects will be finalised from the prospect inventory when the outcome of the Initial Wells program is known. These prospects have target size outcomes similar to the Initial Wells program.
Wells are expected to take 8-10 days to reach total depth and be logged with another 2-4 days to run a completion and test if logs are positive. The Initial Wells program is expected to commence on or about 15 December and run until the end of the second week of January 2007. The Final Wells program is planned to commence in early February 2007 and be of a similar duration to the Initial Wells program. Development of any commercial discovery will be a matter of a few months as the project area is crossed by a number of gas pipelines with access rights and capacity available to tie into.
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