Exploration & Production | Finance & Investing | Capital Markets
Crude to Target Wolfcamp Play at White Wolf Prospect
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Crude Energy LLC has reported its plans to drill a well at its White Wolf Prospect, a project that is located near Midland, TX.
Crude's 640-acre White Wolf Prospect will target the Wolfcamp section. The drilling will reach a total depth of 9,220 feet, but the Wolfcamp ranges from 5,770 feet down to 7,300 feet.
Although Wolfcamp is the primary target, the company has secondary objectives in the Cisco/Canyon Sand Series at 7,300 feet, the Strawn Lime section at 7,900 feet, the Mississippian at 8,400 feet, the Fusselman at 8,700 feet, the Montoya at 8,800 feet, and finally the Ellenburger at 9,170 feet.
President Parker Hallam said: "We have great sub-surface mapping to the Wolfcamp on our acreage, all of those surrounding logs show good porosity and permeability, and we are very confident we will make a good Wolfcamp well with tremendous additional behind-the-pipe assets. As with most areas in the Permian, the stacked pay potential of these wells makes for a tremendous long term producing asset for us and our investing partners."
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