Exploration & Production
Target Marks Progress at Three Permian Well Projects
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US-focused oil and gas producer Target Energy Limited has reported an update on its Fairway operations.
Highlights: Drilling at BOA North #5 in Howard County has successfully concluded with production casing being run in the well. Target has a 50% Working Interest. Drilling at the Taree 193 #1 well in Glasscock County has commenced with the well presently drilling ahead at 1,921m. Target has a 50% WI in Taree #1 which is situated approximately 2 km south east of the Ballarat 185 #1 well. The well will be drilled to a planned depth of 3,048m (10,000 ft) and will test both Fusselman and Wolfberry targets. Fracture stimulation at BOA North #4 was undertaken on 12 August 2014. The well was put on pump on 23 August 2014 and is now flowing back. Target has a 50% WI in the BOA North #4 well.- ✓ Full news archive — U.S., Canada & international coverage
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