Capital Markets | Capital Expenditure
Crimson Increases 2011 CapEx, Spuds Eagle ford Wells
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Crimson Exploration Inc. on Monday provided an operational update and announced an increase in its 2011 capital program.
In Liberty County, TX, the Catherine Henderson #B-4 (64.0% WI) commenced production at a gross daily rate of 1,379 Boepd, or 721 barrels of condensate, 208 barrels of natural gas liquids and 3.2 Mmcf of natural gas on a 13/64th choke and 7,000 psi of flowing tubing pressure. This well was drilled to a total measured depth of 15,338 feet in the Lower Cook Mountain formation. Approximately one mile to the northwest, Crimson has drilled the Catherine Henderson A-10 (66.0% WI), targeting the Cook Mountain formation, to a total measured depth of 13,742 feet. Completion operations are scheduled to begin by the end of July with first production in early August.
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