Exploration & Production | Drilling / Well Results | Quarterly / Earnings Reports | Seismic
PetroQuest Talks Cotton Valley Results, MissLime Seismic
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PetroQuest Energy Inc. has reported an update to its Cotton Valley and Mississippi Lime operations.
East Texas - Cotton ValleyIn East Texas, the Company's PQ #9 well (NRI – 76%) that was completed in early April and achieved a 24 hour max rate of 6,353 Mcf of gas and 458 barrels of natural gas liquids is currently producing at a gross daily rate of 5,298 Mcf of gas and 382 barrels of natural gas liquids. The Company is in the process of selecting a rig for this trend and expects to reinitiate its horizontal Cotton Valley program during the fourth quarter of 2013.
In total, the Company expects to drill 8-10 gross wells in 2014.
Mississippi LimeIn the Mississippian Lime, the Company recently received its 3-D seismic data from its Kay County survey and has commenced the evaluation…
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