Breitling Oil and Gas today announced that completion operations have begun on the Trinity #1, the first well it its Breitling-Trinity 3 Well Drilling Prospect in Okfuskee County, Oklahoma.
With the zones we have and the logs I've reviewed there is a potential daily flow rate of 200 barrels and two to three MMCF of gas.
Dallas, TX (1888PressRelease) August 10, 2010 - Breitling Oil and Gas today announced that the Trinity #1, the first well it its Breitling-Trinity 3 Well Drilling Prospect in Okfuskee County, Oklahoma, is being completed as a possible oil and gas producer after reaching a total vertical depth of 3,753 feet.
From log analysis, the well encountered several potentially productive zones over a gross interval in the Union Valley formation from 2865 to 2905 feet; the Jefferson Sand formation from 2974 to 2981 feet; and the Viola Limestone formation from 3643 to 3660 feet. Testing and completion plans were finalized August 1 and a completion rig and crew moved into location the week of August 2. Natural gas pipeline tie-in is slated for the week of August 16.
Chris Faulkner, CEO of Breitling Oil and Gas, said, "We are excited to hit a good well with three potential producing zones in less than 3800 feet." Faulkner added, "We will test the well and see where the IP lands and decide how many offsets Breitling wants to shoot for on the acreage block."
Breitling ran a density-neutron log, microlog and an induction log and decided to run pipe based in analysis by Breitling's engineers and geologists. Joe Simo, Chief Geologist for Breitling Oil and Gas said, "With the zones we have and the logs I've reviewed there is a potential daily flow rate of 200 barrels and two to three MMCF of gas."
Breitling has current oil and gas exploration projects all over the United States.
-About Breitling Oil and Gas-
Dallas-based Breitling Oil and Gas Corporation is an experienced independent oil and gas exploration and production company. Breitling has thrived since 2004 by leveraging teams of industry experts and creating opportunities for oil and gas investors. With veteran employees and long term industry relationships, Breitling is uniquely positioned to have the advantage in developing high quality oil and gas prospects.