Drilling & Completions | Project Delay
Houston American Sees Drilling Delay at Midland Well; Plans to Spud by Year-End
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Houston American Energy announced an update on the drilling plans for the San Andres prospect.
The company has been notified by the prospect operator that unanticipated issues that had delayed drilling operations have been resolved and the drilling of the first well is expected to commence by year end 2018.
The initial prospect is located on the Northwest Shelf of the Midland Basin. The prospect is comprised of the “Exploration” component of the San Andres Formation with well operations planned to use horizontal laterals and fracture stimulation. The initial proposed well is a 4,620-foot horizontal exploration well targeting the San Andres Formation. The operator estimates that the prospect could ultimately be developed with six (6) additional horizontal wells as leased.
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