Brookside Energy Ltd (ASX:BRK)’s high-impact Jewell 13-12-1S-3W SXH1 well in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin has reached a peak rate (IP24) of around 1,800 barrels of oil equivalent (boe) per day.
Independent of this IP24 rate, a peak oil rate of 973 barrels per day and a peak rich gas rate of 3,959 Mcf per day were also achieved.
And more importantly, the well achieved an IP30 of 1,604 BOE per day (30-day average), within a period of measurement covering a combination of production rate growth followed by steady production.
This sustained rate is significantly above the company’s pre-drill estimates for the Jewell Well’s IP30.
Daily production is now steady at around 1,630 BOE per day, 74% liquids (830 bbls oil, 376 bbls natural gas liquids or NGLs).
Continues to exceed expectations
Brookside managing director David Prentice said: “The Jewell Well has provided an exceptional peak rate and IP30 number but more importantly the ongoing steady production continues to exceed expectations.
“The ongoing strong production and resulting high revenue from the Jewell Well will serve as a strong base for our 2022 SWISH development plans, which are currently being finalised.”
Jewell 13-12-1S-3W SXH1 Well
The Jewell 13-12-1S-3W SXH1 Well was drilled in Carter County, Oklahoma and is within the Jewell DSU, in which Brookside has around 84% working interest.
Jewell Well was drilled as an extended (mid) length horizontal well with the lateral portion of the well-bore landed in the Sycamore Formation at a depth of around 7,600 feet.
It was treated via a multi-stage (23-stages) stimulation process with around 22% of the total stimulation fluids (around 280,000 barrels) recovered so far during the flow-back operations.
The well is being flowed back through an open choke to the company’s production, separation, and tank facilities.
Five-year drill program
Brookside is developing its 'core of the core' acreage position in the SWISH AOI in the highly sought-after Sycamore-Woodford trend in the southern SCOOP Play.
It has embarked on a potential five-year, 20-plus well development drilling program across its three operated development areas/DSUs (Jewell, Rangers, Flames) that the company controls in the SWISH AOI to develop a conservatively estimated 11,606,000 net BOE Prospective Resource (best estimate, unrisked).