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Torchlight Preps to Frac Latest Wolfcamp Well; 600,000 Lbs. Proppant
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Torchlight Energy announced that drilling of the Flying B Ranch #2 vertical well was completed to a total depth of 6,550 feet.
The Company subsequently ran a full suite of logs including shale and imaging logs with 25 sidewalls cored and recovered. Preliminary analysis by Rich Masterson, the Project Geologist, has resulted in the identification of ~400 feet of continuous pay comprised of ~80 feet of Dean and ~320 feet of Wolfcamp A&B formations. Additionally, the existence of the Leonard formation was identified with ~165 feet of pay. Further shale log and detailed core analysis are underway.
Torchlight has planned a completion procedure to commence on January 18th with a scheduled fracing of the well which will target the 400' of pay identified in the Wolfcamp and Dean formations. The Company plans to perform a significantly larger multiple-stage frac than previously employed where they will utilize 600,000 lbs. of sand pumped at a fluid rate of 75-100 barrels per minute. Torchlight expects the well to be a vertical producer providing further confirmation for economic horizontal development potential.
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