Eagleford Energy has declared that Dyami Energy, the company's wholly-owned subsidiary, has attained its target depth to drill a shale test well at its Murphy Lease in Texas.
The company specifically drilled the well to a depth of 4,473 ft vertically. A complete set of logs were run to examine Anacacho, Austin Chalk, Georgetown, Eagle Ford shale Olmos and San Miguel formations. The company additionally took more than 25 cores and is presently waiting for log and core analysis from Weatherford International to find the oil quantity and potential completion methods to promote production.
Dawsey Operating drilled the well for Eagleford Energy. Accumulated petrophysical information demonstrates that the Murphy Lease is located on the top of the Serpentine plugs together with multi-stacked formations like the Austin Chalk, Anacacho, Buda, the Georgetown, Escondido, Eagle Ford shale, San Miguel and Olmos formations potentially hosting hydrocarbons.
According to Eagleford Energy’s Director, Alan Gaines, the company has a number of stacked targets at the Murphy lease, supported by Weatherford’s logs and data. Total organic content, porosity and permeability show that the formation found at the Murphy Lease, which is held by Dyami, has identical petrophysical features of productive wells in the prolific play’s oil window.
The Murphy Lease is based in the northeastern part of Zavala County in Texas, and is a part of the Maverick Basin in the southwestern part of Texas. The lease is situated down-dip from the US geological studies northern border of the Austin-Eagle Ford-Smackover total petroleum system. This region is named as the "oil window" of the current shale pay of the company. Data obtained from logs, cores, and interpretation of former Murphy Eagle Ford wells show this Murphy Lease to be well positioned in this oil window.