Oil rate rising at Mississippi Tuscaloosa marine shale well

A group led by Encana Corp. has observed an improvement in the oil production rate from a horizontal Tuscaloosa marine shale well in Wilkinson County, Miss.

The Crosby 12-H1 well continues to improve with a current production rate of 1,250 b/d of oil equivalent and a 24-hr average of 1,130 boe/d, comprised of 1,050 b/d of oil and 469 Mcfd of gas with 2,700 psi pressure on a 15/64-in. choke, said Goodrich Petroleum Corp., Houston.

The well, which has recovered about 1% of its frac fluid, has 6,700 ft of usable lateral with 25 frac stages.

Encana and Contango Oil & Gas Co. each has a 25% working interest in the well, and Goodrich has 50%.

Goodrich is also participating in the Anderson 17H-2 drilling well with a 7% non-operated working interest. Goodrich plans to spud its next operated TMS well, the Smith 5-29H-1, in the second quarter. The Ash 31H-1 and Ash 31H-2 wells, in which the company has a 12% nonoperated working interest, are expected to be completed in February.

Goodrich has 135,000 net acres in the play and now expects to spend the higher end of its previously announced 2013 capital budget in the TMS of $50 million.

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