Blast Energy Services Increases Production Flow Rates in the Austin Chalk
“These results provide concrete proof that Blast’s lateral jetting service will provide dramatically higher initial flow rates relative to conventional well completions. This success, along with hiring a new Manager of Rig Operations, represents another important step toward the full commercialization of our horizontal completion technology,” said John O’Keefe, President and CEO of Blast.
At a depth of approximately 2,700 feet, the Blast Rig #1 had jetted a total of 20 laterals up to ninety feet in length at three separate depths in two newly drilled wells. The laterals were cut at a rate of approximately 1.5 feet per minute using water, acid and certain other additives under a pressure of approximately 3,000 psi.
Having achieved higher initial flow rates, Reliance expects to proceed with a new seven-well project and receive funding for an additional 18 wells in the area under the planned drilling program. Once the wells are drilled, Blast will again provide its applied fluid jetting services. Furthermore, Blast believes that such results could dramatically improve the economic performance of vertical wells in the Austin Chalk or other limestone formations and allow operators to grow production in an area that was previously believed to be marginally economic due to low flow rates.
In addition to validating the application of this technology in the Austin Chalk, Blast is actively marketing its service to other operators for the Chalk and other horizons. For example, Blast recently signed up to a 100-well program to jet a similar shallow limestone formation in
In related news, Blast has also recently hired
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SOURCE Blast Energy Services, Inc.