Drilling / Well Results
Richfield Puts Oily Uinta Well into Production
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Richfield Oil & Gas Company has placed its Wasatch National Forest #16-15 well in Uinta County, Wyoming into production.
Production commenced on March 29, and is currently producing approximately 35 barrels of oil per day. Production equipment and rates will be optimized over the next two weeks. The company is planning additional completion work on this well in the early fall of this year. This will include a completion and fracture treatment of the Frontier Formation. The Frontier Formation production will be added to the current production rates.
The well and the acreage were acquired by the Company in December of 2012. The Company owns an 80% working interest and a 62.4% net revenue interest in the well and a 100% working interest and a 78% net revenue interest in the surrounding…
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