Exploration & Production | Drilling / Well Results | Top Story | IP Rates-24 Hour | Initial Production Rates
Osage IPs First Operated MissLime Well at 584 BOE/d; Talks Woodford Ops
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Osage Exploration and Development, Inc. has reported a peak twenty-four hour rate on its first operated Horizontal Mississippian well, the Whitten 1-3MH, of 584 Barrels of Oil Equivalent (BOE).
The product mix was composed of approximately 65% oil, 15% Natural Gas Liquids (NGLs), and 20% natural gas. Osage has a 62.5% Working Interest in the well, which is located in Section 3 Township 16N 3W in Logan County, Oklahoma.
Kim Bradford, Chairman and CEO of Osage Exploration and Development, commented: "Osage is off to a very strong start. Our first operated well has only been in production for several days and has already given us a high peak rate. Further, we are producing a very high quality crude oil, and because of the Natural Gas Liquids content, our natural gas is selling for an…
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