Exploration & Production | Drilling & Completions
Target Zips Up Frac Ops at Well Targeting Wolfberry Play
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Target Energy Limited has reported an operations update on its Fairway Project in West Texas .
The Homar #1 well (Target has a 60% Working Interest) is presently drilling ahead at 2,710 m (8,890 ft). Total Depth of the well is planned at 3,230 m (10,600 ft) and will test the Wolfberry section. Drilling operations commenced on 5 May 2014, with the well expected to reach its Total Depth within the week. Following the conclusion of drilling at Homar #1, the drill rig will immediately move to the Ballarat lease, approximately 5 kms east of the Sydney lease. The Ballarat 185 #1 well will be drilled to a planned Total Depth of 3,350 m (11,000 ft) and will test Fusselman and Wolfberry targets. Target has a 60% Working Interest in the Ballarat lease. At BOA 12 #3 (Target has a 60% Working…- ✓ Full news archive — U.S., Canada & international coverage
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