Patriot Energy announces its Thoroughbred #1 well, now completed in the Permian Basin, exhibits significant pay zones in the Albaugh, Triple M and Upper Wolfcamp formations.
Open hole logs indicated approximately 125ft of productive formation in each of the aforementioned zones, with the lowest zone from approximately 5200ft down to 5340ft containing about 130ft of likely commercially productive carbonate.
The well was completed to an approximate depth of 8400ft. Following the successful logging report, production casing was run and the well will await multiple stage fracking at a date to be determined.
"The pay zones that reflected in the Albaugh, Triple M were especially beyond what we initially anticipated," says Michael Miller, president of Patriot Energy. "We knew from our other wells in the area about what to expect, but this finger had especially prolific depth of pay zones in those primary formations, plus several others in the Upper Wolfcamp. We are very pleased with the results of the logging. We will now move toward the fracking and completion phase as soon as possible."
Patriot Energy has two other wells in production on the lease acreage.
Image from Patriot Energy