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State 36-2 LNW-CC well production test to commence
State 36-2 LNW-CC well production test to commence.
About this update from Zephyr Energy Plc
[{"type":"text","content":"\n \n \n \n \n \n Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.\n \n \n \n \n \n 20 March 2023\n \n \n \n Zephyr Energy plc\n \n \n \n (the \"Company\" or \"Zephyr\")\n \n \n \n \n \n \n State 36-2 LNW-CC well production test to commence\n \n \n \n \n \n \n \n \n Zephyr\n Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, is pleased to provide an update on operations on the State 36-2 LNW-CC well (the \"State 36-2 well\" or the \"well\") at the Company's flagship project in the Paradox Basin, Utah, U.S.\n \n \n \n \n \n \n \n Commencement of State 36-2 well production test\n \n \n \n \n \n \n \n \n On 8 March 2023 the Company announced, amongst other matters, that planning for the State 36-2 well production test had completed and that all services for the test have been procured.\n \n \n \n \n \n The Company is pleased to announce that a Zephyr-contracted service rig has now been mobilised to the well-site and operations on the ground have commenced. This has been achieved in spite of the difficult winter weather conditions recently encountered in Utah. \n \n \n \n \n \n Workover operations (which will include perforating the well in the productive portion of the Cane Creek reservoir) and subsequent production testing are estimated to take four to six weeks, with the ultimate timeline dependent upon field conditions.\n \n \n \n \n \n As the well is expected to flow from natural fractures, no hydraulic stimulation is expected at this time. The production testing is therefore expected to be completed quicker than the equivalent testing on the Company's hydraulically stimulated State 16-2 LN-CC well (as there are no significant completion fluids to flow back during well clean-up operations).\n \n \n \n \n \n The production test will be paid for from the Company's existing cash resources.\n \n \n \n \n \n \n \n \n \n Colin Harrington, Zephyr's Chief Executive, said:\n \n \n \n \n \"I am pleased to announce our ...