Brookside Energy Ltd (ASX:BRK, OTC:RDFEF) is moving ahead with its multi-well Flames-Maroons Development Plan (FMDP) in the Anadarko Basin’s southern SCOOP Play and is on track for production from its four wells.
Successful drilling out
All composite frac plugs, which are used to isolate zones during well stimulation, have been successfully drilled out.
Well cleanup operations have begun to remove debris and circulate drilling fluids left from the drill-out and stimulation phases.
The company reports that operations are proceeding according to schedule.
During the "rig down" phase of the drill-out operations, there was an incident resulting in damage to contractor equipment – but Brookside has confirmed that no injuries were sustained and there was no impact on surface production facilities.
In addition to the cleanup, Brookside has commenced installing flowlines and making wellhead connections in preparation for flowback.
The company anticipates first sales from the four FMDP wells by late Q3 or early Q4 2024.
Net production increased
These sales are expected to help increase Brookside’s net production to 2,500 barrels of oil equivalent per day (BOEPD), with liquids accounting for 78% of the total output.
Brookside managing director David Prentice said: "We are extremely pleased to have successfully completed this final stage of operations for the FMDP wells.
“The drill-out of the isolation plugs marks the completion of a complex and carefully executed process to drill and stimulate these wells.
“With cleanup operations now underway and flowback preparations in progress, we are entering the final phase before first sales.
“The success of this stage significantly de-risks the project, putting us in a strong position to deliver meaningful production growth and further value for our shareholders as we approach our target production of 2,500 BOEPD."
