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Blackbird Energy Inc. (TSXV:BBI) announced that the DEI Bigstone Hz 15-32-60-22 W5M well has been drilled to total depth and the completion string has been installed in preparation for franking operations scheduled for January 15, 2012.
As quoted in the press release:
The completion string is configured to conduct a continuous, multi stage fracture stimulation consisting of up to 24 stages over the length of the horizontal lateral. The completion operations including the frac procedure, production test and preparing the well in readiness for tie-in to sales are estimated to be accomplished by early to mid February, 2012.
The long lateral or “extended reach” horizontal wells, in suitable areas, have the potential of reducing well density by up to 50% over the shorter 1200 meter laterals, improving project economics and substantially reducing the surface environmental footprint. To date, 11 of the 15 Montney horizontal wells currently drilled in the Bigstone/Fir area are “extended reach” with laterals ranging in length from 2,200 to 2,800 meters, while the remaining four wells have laterals of 1,200 to 1,300 meters. Each of these shorter laterals were drilled by local operators, to assess the development potential of the Montney formation, liquids rich natural gas resource in this area by employing current, state of the art horizontal drilling and fracture stimulation techniques prior to moving to the extended reach longer laterals for development purposes.
Planning for drilling a third well and construction of gas gathering and production facilities are currently underway with a targeted start-up and on stream to sales commencing in Q2 2012. Blackbird holds a 25% working interest in 7 gross sections (1.75 net) sections at Bigstone.
Blackbird President, Bill Macdonald, said:
“We are very excited about the progress of the Bigstone wells and the prospect that they will be on stream in the near future, and the added value that this will bring to the Bigstone prospect.”
Click here to read the Blackbird Energy Inc. (TSXV:BBI) press release
Click here to see the Blackbird Energy Inc. (TSXV:BBI) profile.
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