Exploration & Production | Drilling & Completions | Top Story
Far East Fracs Seven Shouyang Wells; Adds Five More to Agenda
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Far East Energy Corporation has reported an update on operations in China's Shouyang Block.
Since October 30, the company has fraced 7 additional wells, of which 6 are production wells and one an appraisal well, bringing the total number of wells fraced so far this year to 65. Of this combined total, 57 are production wells and 8 are appraisal wells.
The company is continuing to drill new wells with 5 wells in the process of being drilled, one of which has been completed and is awaiting perforation.
As the company reported earlier, Critical Desorption Pressure (CDP) has been reached in a number of discrete locations, as a result of the ongoing de-watering process.
Commenting, CEO Mike McElwrath said, "In the first seven days of November, our field team fraced wells at a rate of one well…
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