Caprock Oil, Inc. has reported the completion of the Heins #4H well in the Bloomington Field in Victoria County, Texas.
The Bloomington Field is a normally pressured water drive field in the Frio oil trend in Victoria County that was initially discovered in 1947. Caprock has a 10 percent non-operated working interest in a horizontal redevelopment project which encompasses about 300 gross acres in the field. The Heins #4H well follows the Heins #2H well, which was completed in August 2013 and is currently producing approximately 100 barrels of oil per day from the same sand. The Heins #4H well has been "swab" tested and surface equipment is presently being installed. The well is expected to go on production by the end of July.
Additionally, Caprock has announced that drilling of the Templet #1 well in the Napoleonville Field in Assumption Parish, Louisiana, is expected to begin on or about July 23, 2014. The Napoleonville Field is a piercement salt dome located in Assumption Parish that was initially discovered in the late 1940s. Caprock has a 5 percent non-operated working interest in the proposed directional well which is designed to test the Cris R IV sand at approximately 12,722 feet.
