Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to share news the company has reached total depth at the RCE-3 Well with a total measured depth of 8,880 feet. The company says they have encountered seven hydrocarbon bearing intervals totaling 58 net feet of oil pay. Abbott telling Proactive It is expected that the RCE-3 well will begin production in early March 2023. The rig will then be moved to the RCE-4 location with the intention that RCE-4 will spud within two days of RCE-3 being brought on production.
Arrow Exploration announces company has reached target depths on RCE-3 Well