OTCPK:ARNBF - Post by User
Comment by
tire9on Aug 21, 2011 11:35am
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Post# 18964586
RE: RE: Ethel pool
RE: RE: Ethel poolIt's possible that the Ethel pool will be developed as a unit. The southern lands, which are all in the Tier 1 & 2 area's of the eastern BHL formation could be developed as another multi-company Unit . It is almost mandatory that a unit be formed as pressure maintenance ( water flood ) is needed for max recovery, gathering lines etc..
Proposed 20,000 bbls/d oil battery & gas plant at 6-16-67 middle of township and Ethel pool. Probably have to expand it with 4 HZ wells per section and 40 sections. Don't know if they can produce the water injector wells before they are tied into the water flood system, a payout of these wells should be OK. IMO