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Upstream Exploration Touts Plaquemines Well Result; Adds to Holdings
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Upstream Exploration LLC announced its third successful well in East Cox Bay Field located in Plaquemines Parish, Louisiana.
The well, referred to as the Palmetto D Discovery, encountered 59 feet of net gas condensate pay with no apparent water level from a 75 foot gross interval in a geopressured Middle Miocene age sand. The well flowed approximately 675 gross barrels of oil and 4.9 million cubic feet of gas per day, with no water on a 13/64 inch choke with a flowing tubing pressure of 5,800 psi. The well was drilled to a total vertical depth of 12,302 feet. Upstream is the operator with a 100% working interest in the well.
Additional Leases
Upstream was the successful high bidder on over 1,200 acres at the Louisiana State leases sale held on June 13, 2018. Upstream Exploration now controls a 100% working interest in nearly 4,100 acres in the East Cox Bay Field. Upstream has identified three additional drilling locations in the field.
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