Jack Hamar field should be a company maker: Nuenco

THE Jack Hamar partners have reported high quality gas flows from the Jack Hamar 2-13 well, with more than 1 million cubic feet of gas (mmscfd) flowing to surface from the Californian well.
Jack Hamar field should be a company maker: Nuenco Jack Hamar field should be a company maker: Nuenco Jack Hamar field should be a company maker: Nuenco Jack Hamar field should be a company maker: Nuenco Jack Hamar field should be a company maker: Nuenco

Nuenco said a 17-foot section was perforated which caused the flow of fluid to surface until raw gas was observed.

The well was then closed in, the service rig was removed and the well completed ready for monitoring by measuring equipment.

The operator recorded strong initial flow rates from the first of many zones in this well. This flow is not stable and monitoring will continue for some time now to allow the zone to clean up and for flow rate to stabilise.

In other drilling news, Nuenco said the Jack Hamar 2-1 well had reached total depth, electronic logs have been run and production casing set in the hole to 3,924 feet.

It said Jack Hamar 1-13 was the subject of ongoing consideration regards the stimulation of the red sands in this well.

Jack Hamar 2-13 is the first completed gas well in the six drilled by the South East Lost Hills Joint Venture. These wells have indicated gas in multiple zones over an area which has been extended by each directional well.

Managing director Anthony Kain said the current estimates on the potential size of the field range from 20 bcf to 100 bcf (100 million mcf).

With high US gas prices (NYMEX Henry Hub average daily price for gas deliveries in April 2005 was USD7.17 per mcf for good quality gas) and gas in the ground worth as much as USD3 per mcf, the successful development of a gas field at South East Lost Hills would be a company maker for Nuenco, according to Kain.

The participants in the Jack Hamar joint venture are Nuenco LLC 37.5%, Orchard Petroleum Inc 37.5% and Nahabedian Exploration Group LLC 25% (operator).

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