Posted in | News | Natural Gas | Oil Shale

Texon Petroleum Commences Production at Mosman-Rockingham Olmos Well

Texon Petroleum announced that production at the newly drilled Mosman-Rockingham Olmos well called Wheeler #1 is ongoing, as the construction of production plants have been completed last week.

The company has prepared production tubing and the well specifically flows on a limited rate of 168 bopd and 108 mcfgpd along with flowing tubing pressure of 1,300 psi on an 8/64" choke. It intends to monitor the well on this limited choke in order to make sure that the well does not generate frac sand at this location. The choke will be additionally opened in order to maximize the rate of oil flow, if the well fails to produce sand.

Texon calculates that an additional of 30 wells may possibly expand this discovery on 40 ac. drilling sites. These sites are a result of the recently purchased three-dimensional seismic data balancing the Wheeler #1 well. The company holds a 95% working interest in the Wheeler #1 well.

According to Clifford Foss, Texon Petroleum’s President, the company is delighted over this fresh discovery well and the extended range of prospective of including 3 mmboe in the offsetting drilling locations Texon considers this well project as a new low-risk project that willbe expanded in the future.

The objective of Texon Petroleum is to identify commercially producing oil and gas through three-dimensional seismic controlled high-equity prospect areas, which contain target areas similar to nearby producing wells located at the oil and gas generating trends in Texas.

Source: http://www.texonpetroleum.com.au/

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, February 18). Texon Petroleum Commences Production at Mosman-Rockingham Olmos Well. AZoMining. Retrieved on May 22, 2024 from https://www.azomining.com/News.aspx?newsID=7026.

  • MLA

    Scanlon, Joel. "Texon Petroleum Commences Production at Mosman-Rockingham Olmos Well". AZoMining. 22 May 2024. <https://www.azomining.com/News.aspx?newsID=7026>.

  • Chicago

    Scanlon, Joel. "Texon Petroleum Commences Production at Mosman-Rockingham Olmos Well". AZoMining. https://www.azomining.com/News.aspx?newsID=7026. (accessed May 22, 2024).

  • Harvard

    Scanlon, Joel. 2019. Texon Petroleum Commences Production at Mosman-Rockingham Olmos Well. AZoMining, viewed 22 May 2024, https://www.azomining.com/News.aspx?newsID=7026.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.