Finally, the Big One DeeThree Exploration Ltd. says its fifth horizontal Bakken well has been drilled on the eastern portion of its Lethbridge property to a planned total depth with a horizontal lateral of approximately 970 metres in a significant porous Bakken target zone.
The horizontal lateral was successfully fracture stimulated, placing 112 tonnes of sand over 14 stages using an energized water based system.
After stimulation, the well was flowed for clean-up for four days up the 4 ½-inch frac string with final stabilizing flowing rates of approximately 550 bbls per day of 30 degrees API reservoir oil and 60 mscf per day of natural gas.
Final water cuts were approximately 10 per cent with further remaining load water from the fracture stimulation to be recovered. The well is currently shut-in to remove the frac string and install a smaller diameter production string. The well is expected to be placed onto production shortly after which it will undergo addition testing and evaluation procedures. The well will be tied-in to DeeThree’s extensive oil and gas processing infrastructure. The well is located approximately 35 kilometres from DeeThree’s original Bakken discovery well.
The company said it is very pleased with the results of its Bakken exploration and development program on the Lethbridge property to date. The company’s greatly increased understanding of the Bakken play derived from the 2011 four-well Bakken test program and its extensive 3D seismic, which has resulted in a more targeted approach to drilling on its acreage. This has resulted in DeeThree’s most significant Bakken discovery well to date.