Drilling & Completions | Drilling / Well Results
Madalena Well Taps into Vaca Muerta Shale Gas, Oil
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Madalena Ventures Inc., and its wholly owned subsidiary Madalena Austral SA, have reported an update on its drilling operations in the Neuquén basin, Argentina.
On the Coiron Amargo Block (35% working interest), the CAN-8 development well located 800 meters south east of the existing CAN 7 oil producer on the northern portion of the block (i.e. Coiron Amargo Norte), has been cased to a total depth (TD) of 10,433 feet. Following the successful drilling of the CAN-8 location and a review of the well data gathered (including electric logs), oil and gas has been encountered in both the unconventional Vaca Muerta shale and the conventional Sierras Blancas zones of interest. The Vaca Muerta formation interval encountered by the well was approximately 340 feet (or 104 meters) thick and in the…
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