23 June 2010drilling progress report● Neutral
The 15-stage frac on No. 4H has begun, the first using 100% ceramic and bauxite proppants. No. 5H found the Eagle Ford at about 10,950 ft with elevated oil-shale readings. No flow result yet.
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16 June 2010drilling progress report● Neutral
The No. 4H site is ready for Halliburton's frac of the 4,400 ft lateral, with the crew due in about a week. No. 5H is at about 9,800 ft after surface casing was cemented. No new result.
9 June 2010drilling progress report● Neutral
Production casing is cemented in Frances Dilworth No. 4H, with Halliburton's frac expected in about two weeks. No. 5H is at about 5,100 ft, running surface casing. No new result.
1 June 2010drilling result▲ Good
Frances Dilworth No. 4H finished drilling at 15,483 ft with over 4,400 ft of Eagle Ford lateral, and production casing is being run ahead of the frac. The No. 5H has spud with the F07 rig, planned to reach over 15,200 ft.
26 May 2010drilling progress report▲ Good
No. 4H is drilling the lateral at 13,232 ft after finding the Eagle Ford at 10,870 ft with strong hydrocarbon shows. Target depth is about 14,900 ft. It is the third well of the ten-well 2010 campaign. No flow result yet.
26 May 2010drilling progress report● Neutral
A second Nabors rig, the F07 with 1,500 hp drawworks, is mobilising to Frances Dilworth No. 5H, with drilling expected within a week. No. 5H is the fourth well of the 2010 campaign. This adds a second rig to the programme.
19 May 2010drilling progress report● Neutral
Halliburton finished the 14-stage frac on No. 3H, using over 3.7m lb of proppant and about 4m gallons of fluid. Flowback begins, with an initial rate expected in about a week. No. 4H is at 10,200 ft.
12 May 2010drilling progress report● Neutral
Halliburton began the 14-stage frac on No. 3H's 4,650 ft Eagle Ford interval, 14 days after drilling finished. Surface oil facilities are in place and a gas spur is being laid. No. 4H is drilling ahead.
5 May 2010drilling progress report● Neutral
Surface casing was cemented in No. 4H at 4,966 ft. On No. 3H, the wellbore was prepared and stage 1 of the 14-stage frac was perforated. Site work continues on No. 5H and No. 6H. No new result.
29 Apr 2010drilling spud● Neutral
Drilling started on Frances Dilworth No. 4H after the rig moved from No. 3H in under 96 hours. The Eagle Ford is expected at about 10,900 ft, followed by a planned 4,000 ft lateral. It is the next well in the 2010 programme.
28 Apr 2010drilling progress report● Neutral
Production casing was cemented across the full 4,650 ft Eagle Ford interval on No. 3H. The rig is moving to Frances Dilworth No. 4H, and Halliburton's frac crew is due in May. Routine progress.
21 Apr 2010drilling result▲ GoodMajor
Frances Dilworth No. 3H reached 15,735 ft with over 4,650 ft of lateral in the Eagle Ford, longer than the 4,000 ft guided. The company says mudlogging shows exceeded the No. 2H. A 14-stage frac is due in early May, and No. 4H is expected to spud in the first week of May.
14 Apr 2010drilling progress report▲ Good
Frances Dilworth No. 3H is drilling the horizontal in the Eagle Ford at 11,355 ft, with elevated gas shows and golden fluorescence suggesting oil in the cuttings. These are early indications only, with no flow result yet.
7 Apr 2010drilling progress report● Neutral
Frances Dilworth No. 3H is at 9,440 ft, with a logging run planned within 500 ft before the well is steered into the Eagle Ford for a lateral of about 4,000 ft. No new result.
30 Mar 2010drilling progress report● Neutral
Surface casing was run and cemented at 4,950 ft on Frances Dilworth No. 3H. Drilling resumes after the cement cures, to about 10,300 ft where logs will be run. No new result.
24 Mar 2010drilling progress report● Neutral
First weekly update on Frances Dilworth No. 3H: drilling at 1,280 ft, with surface casing due at about 5,000 ft. Eagle Ford top expected near 11,000 ft, then a planned 4,000 ft lateral. No result yet.
23 Mar 2010resource reserve update▲ GoodMajor
Reserve and resource evaluation as of 31 Dec 2009 for McMullen, Wharton and Brazoria Counties, using $80/bo and $5/mcf. The annual report headlines proved 1,486 Mboe, proved plus probable 8,155 Mboe and 2P+possible 22,814 Mboe. Detailed tables were truncated.
22 Mar 2010drilling spud▲ GoodMajor
Drilling began on Frances Dilworth No. 3H using the Nabors M34 rig, a planned 15,000 ft measured-depth Eagle Ford well. It is the first of nine wells under the Nabors contract, in the 2010 campaign of ten wells.
28 Jan 2010drilling progress report▲ Good
Halliburton completed the frac on Frances Dilworth No. 2H, pumping about 5 million gallons of fluid and 2 million pounds of proppant. The well is cleaning up and the initial production rate will be announced later. Halliburton is also engaged for the remaining nine 2010 wells.
21 Jan 2010drilling progress report● Neutral
Halliburton is expected to finish the frac on Frances Dilworth No. 2H next week, after which the well flows to the sales line. Surface facilities are ready. Antares reaffirms the NuTech forecast of 6,000 mcf/d plus 300 bo/d. No new results.
13 Jan 2010drilling scheduled▲ GoodMajor
Locations for Frances Dilworth Nos. 3H and 4H are set, with drilling targeted to finish by end of Q1 2010. Antares plans ten Yellow Rose wells producing by end 2010, ten more drilled in 2011 and fifteen in 2012. Weekly updates will follow the No. 2H frac.
18 Dec 2009drilling progress report● Neutral
Photo update: Halliburton arrived 12 December for the eleven-stage frac on Frances Dilworth No. 2H, using about 15,000 horsepower. Also shows the 6-inch gas line to the Petrohawk-affiliated pipeline and an EOG Eagle Ford oil discovery near Bluebonnet. No new results.
7 Dec 2009drilling progress report▲ Good
Stage 1 of an eleven-stage fracture stimulation on Frances Dilworth No. 2H starts 8 December, expected to take about a week. A gas transportation and treating agreement with San Isidro and Petrohawk is signed so gas can be sold.
2 Dec 2009drilling progress report● Neutral
Frac tanks have arrived at Frances Dilworth No. 2H and Halliburton is due to begin pumping next week, slightly delayed by weather. The 6-inch sales pipeline is buried, so revenue can start straight after the frac.
25 Nov 2009resource reserve update▲ GoodMajor
NuTech's NuStim modelling forecast the Frances Dilworth No. 2H at an initial 6,000 mcf/d plus 300 bo/d (11,400 mcfe/d), with ultimate recovery of 6.25 Bcfe. NuTech's 2C contingent resources were restated at 802 Bcfe for Yellow Rose and 298 Bcfe for Bluebonnet.
19 Nov 2009drilling progress report▲ Good
Fracture stimulation of Frances Dilworth No. 2H is scheduled for 28 November with Halliburton, and a 6-inch gas pipeline (about 50 Mmcf/d) is being laid. Antares and its partner agreed a 175+ well Yellow Rose development plan. This moves the well toward production.
30 Oct 2009resource reserve update▲ GoodMajor
NuTech certified contingent resources for Antares's 87.5% of Bluebonnet: 2C of 298 Bcfe (1C 238, 3C 330), including 11.5 million barrels of condensate. This is a contingent resource, not booked reserves, and comes a day after the acquisition.
23 Oct 2009drilling progress report▲ Good
The 4.5 inch production casing was cemented across the full 3,400 ft lateral at the Frances Dilworth No. 2H, and the rig was released. Frac is planned as early as possible in November once the gas pipeline is ready.
21 Oct 2009resource reserve update▲ GoodMajor
NuTech certified contingent resources for Antares's 75% of 17,300 Yellow Rose acres: 2C of 802 Bcfe (1C 746, 3C 855). This is a contingent resource, not reserves, and excludes the 974 newly acquired acres.
19 Oct 2009drilling result▲ GoodMajor
Drilling of the Frances Dilworth No. 2H finished: the lateral reached about 3,400 ft, longer than the 3,000 ft planned, all in gas-filled Eagle Ford. Total depth is about 14,500 ft. Fracture stimulation is expected as early as possible in November, once the gas pipeline is in place. No flow result yet.