Burleson on a roll in Texas

ONSHORE Texas explorer Burleson Energy has brought online all three wells recently drilled on the Austin Chalk play.
Burleson on a roll in Texas Burleson on a roll in Texas Burleson on a roll in Texas Burleson on a roll in Texas Burleson on a roll in Texas

The junior explorer reported that the first well, Yegua Properties Unit-1, has been producing gas and condensate since last July.

Output from the well in January was 512,000 cubic feet of gas and 16 barrels of condensate per day.

A better performer is the Rocket-2 well, which came online in November, and last month produced an average of 2.34 million cubic feet of gas per day.

Likewise, the Jet-3 well started gas sales on January 11 and has been averaging 5.66MMcfd.

The fourth well in the program, Marlin-1, is being drilled ahead and has returned evidence of gas shows.

Burleson holds a 40% working interest and 31.13% net revenue interest in the project.

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