Exploration & Production
Arsenal Drilled Two Alberta Horizontal Wells
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At Princess Alberta, Arsenal has drilled and tested two 100% working interest horizontal wells. The first well flowed at an average rate of 600 bbls/d of oil and 730mcf/d of gas over a five day test period. The well has been tied in and turned over to continuous production operations. Solution gas production at Arsenal’s Princess facility is capacity-limited. This limitation has required that the well be choked back to 200 bbls/d of oil.
The second well tested at a rate of 170 bbls/d over a 24 hour period. It is anticipated that the second well will be tied in and placed on production by the end of October. It is expected to produce at between one half and one third of its test rate. It is anticipated that alternative processing arrangements for the solution gas should be in place by…
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