Exploration & Production | Drilling Program
Emerald Bay Testing Multiple Formation Targets at Nash Creek
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Emerald Bay Energy Inc. has provided an update on recent activities in Texas.
At Nash Creek, the Company has recently completed an extensive 3D seismic program on Company lands. The data acquisition, processing and interpretation have identified multiple fault structures on the property.
The Company is very encouraged by the potential for hydrocarbons in multiple drilling locations with both primary porosity and fractured porosity. The first location has been surveyed and a permit application has been filed for drilling.
It is anticipated that drilling operations for the 1st exploratory well will commence in late October. Formations of interest will be the Navarro, Pecan Gap, Austin Chalk, Buda, and Edwards. Emerald Bay will then proceed with drilling the Salt Water injection well and production facilities. The Company currently owns and operates a producing Pecan Gap well on the subject lands.
At Wooden Horse, the Company has begun production operations in the recently completed Kuhn 2 well in the "A" interval of the Edwards formation. While the Company has observed an initial oil cut, the current lifting system is not large enough to move the fluid the well is capable of producing. The Company is sourcing a larger electric submersible pump to increase total fluid volume produced. With the positive results in the Kuhn 2 well the Company is now moving ahead with plans to complete and produce the Imhoff 1 well in the "A" interval as well. The Company feels that the "A" interval is the key to producing from the Edwards formation at Wooden Horse and will now proceed with a 3D seismic program over a large portion of the Wooden Horse lands to assist the Company in targeting future drilling locations.