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ZaZa Turns on Taps at Buda Well; Achieves 1,786 BOE/d

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ZaZa Turns on Taps at Buda Well; Achieves 1,786 BOE/d

ZaZa Energy Corporation has reported the completion of its East Texas JV McAdams Cattle Company 1H horizontal well in Walker County, Texas. The well has achieved 24-hour peak production of approximately 1,786 boe/d (with NGLs) and 1,249 boe/d (without NGLs), which includes 459 b/d of 49API oil, 4,740 mcf/d of natural gas, and 569 NGL b/d.

Over the first two weeks of continuous flow back, average production was approximately 1,087 boe/d (with NGLs) and 768 boe/d (without NGLs), consisting of about 300 b/d oil, 2,812 mcf/d of natural gas, and 337 NGL b/d. Natural gas production has been flowing to sales via pipeline since July 16, 2014. NGL amounts are estimated based on 1,260 mmbtu gas analysis, and the preceding results reflect a current gas processing recovery ceiling of 120 barrels per…

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