KFG Resources offers operations update

KFG Resources Ltd.

KFG Resources Ltd. has reported that its wholly owned subsidiary, KFG Petroleum Corp., drilled an 11,300-foot Lower Tuscaloosa well in Amite County, Mississippi, offsetting a Denbury carbon-dioxide flood in the Smithdale Field. The company drilled a well in the channel margin and encountered 6 feet of oil sand on water. The upper part of the sand was too tight to produce, so the well was abandoned. Consideration is underway to drill a west offset. KFG is operator and has a 5% working interest in the lease block.

In Adams County, Mississippi, in the LaGrange Field, KFG operated and drilled a 6,400-foot Wilcox test – logging and coring three oil sands. Production casing has been set to 6,400 feet for a completion attempt in the Wilson Sand at 6,248 feet. The well also encountered 12 feet of oil sand in the Baker sand at 6,223 feet and 5 feet of oil sand in the McKittrick Sand at 6,156 feet. KFG owns a 10% working interest in the well and surrounding 160 acres.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...