Talon Petroleum (ASX:TPD) has completed drilling of its first horizontal test well for its Mosman Rockingham Olmos Project in McMullen County, South Texas.
Fracture stimulation operations in the 4,286 foot lateral section of Quintanilla OL 1H are expected to begin in late September.
Talon will employ a toe sleeve that can be opened by pump pressure versus mobilising coiled tubing to manually convey perforating guns for the initial perforating of Stage 1.
Initial planning is for 12 frac stages, with timing to be determined by the availability of high quality frac companies and crews.
Success will open up about 3,800 gross leasehold acres, which have potential for an additional 14 horizontal well locations.
Based on nearby analog horizontal well performance, the gross contingent resource potential is estimated to be in a range of potential outcomes of 235,000 to 327,000 barrels of oil equivalent per well.
Talon, which has a 10% interest in Quintanilla OL 1H, is looking to expand its MR Olmos position to increase the number of potential wells.
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