Exploration & Production | Drilling / Well Results
Daybreak Puts Gerald Grove Wells on Production in Kentucky
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Daybreak Oil and Gas, Inc. has reported that the Gerald Grove H-7 and H-8 wells at the Twin Bottoms Field in Lawrence County, Kentucky were put on production on June 10, 2014.
The combined initial flow rate from both wells is approximately 570 barrels of oil and 150 Mcf of natural gas per day. Separately, the Gerald Grove H-7 well is producing approximately 330 barrels of oil and 75 Mcf per day of natural gas, and the Gerald Grove H-8 well is producing approximately 240 barrels of oil per day and 75 Mcf per day of natural gas.
James F. Westmoreland, President and Chief Executive Officer, commented, "We continue to be very pleased with the results of our wells in Kentucky. We expect to have the Gerald Grove H-9 and H-10 wells on production sometime next week. Daybreak and its partner App Energy LLC are expanding our acreage position in and around the Twin Bottoms Field. We have recently added an additional 500 acres that are strategic to the overall expansion of our acreage position in the Twin Bottoms Field. We are continuing to evaluate additional acreage in and around the Twin Bottoms Field, as well as other acreage positions in Eastern Kentucky and Southwestern West Virginia. We are also pleased with the operational efficiencies that App Energy, as Operator of the Twin Bottoms Field, has employed to further keep our operating costs low."