Oil boom may be coming for Avoyelles parish and other local areas.

The potential of the re-worked Deshotels well at Woodside in the southeastern corner of Avoyelles is over 1,000 barrels of oil per day.

If this figure holds for actual production, the impact can be very big for the future of Avoyelles Parish. A profitable well will encourage more wells to be drilled in the area which targets the Austin Chalk formation in southern Avoyelles.

The Deshotels 13H well is the second well drilled on the Deshotels farm of the old Woodside Plantation. Earlier, it had some production delays which have been reworked.

The following is from Pryme Engergy of Australia, one of the owners of the well:

The nitrogen injection procedure, to recover water and drilling mud from the horizontal section, and flow testing of the Deshotels 13H No.1 well have been completed.

The initial potential rates filed with the State of Louisiana Department of Natural Resources have been established at 1,167 barrels of oil per day (bopd), 644 thousand cubic feet of natural gas per day (Mcfd), and 350 barrels of water per day (bwpd) on a 24/64th inch restricted choke and at a 1,870psi flowing tubing pressure.

Additional pressure information is as follows:

Shut in tubing pressure 2,850psi Shut in casing pressure 3,000psi Bottom hole pressure 6,100psi

Pryme’s net revenue interest in the Deshotels 13H No.1 is 30% (40% working interest). Oil and natural gas from the well are sold through the Deshotels 20H No.1 production facility; the revenue will supplement Pryme’s current cash position of $5.2 million.

Well production updates will be made in the coming months as the production rate and pressures stabilize. The well is currently shut in pending the installation of an artificial lift system in order to optimize well performance over the long term.

“This result is a significant milestone for Pryme and provides a clear indication of the potential value to be gained from the proposed multi- well development of the Company's Turner Bayou Chalk project,” said Justin Pettett, Pryme’s Managing Director.

“We now look forward to the completion of drilling and flow testing of the Rabalais 35 No.1 well, which is operated by Anadarko, in the northernmost part of our Austin Chalk acreage. In addition to its production potential if successful, this well will provide valuable data to better delineate our Turner Bayou acreage.”
Copyright 2011 AvoyellesToday.com. All rights reserved.
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