Exploration & Production | Drilling / Well Results | IP Rates-30-Day | Production Rates | Initial Production Rates
BNK Optimizing Caney Completions
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BNK Petroleum Inc. has provided an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project.
Tishomingo Field, OklahomaThe Company's latest Caney shale oil well, the Hartgraves 1-5H well (100% interest) is flowing back after being completed with the Company's largest hydraulic stimulation to date.
Over the last 5 days the well has been flowing at an average restricted production rate of 620 barrels of oil equivalent per day (BOEPD) of which 424 barrels are oil.
The well began making oil about 10 days ago and averaged over 520 BOEPD during the last 10 days while cleaning up and improving to the current 620 BOEPD rate. The initial rates and flowing pressures indicate the Hartgraves 1-5H should be one of BNK's best Caney wells to date.
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