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Abraxas Petroleum Corp. Message Board

  • pocilujko pocilujko Jan 22, 2013 7:45 PM Flag

    Mustang Well

    From the January 7th Press Release:
    "The Mustang 1H was successfully completed with a 19 stage completion in mid-December and is currently flowing to sales at rates above the Company’s in-house type curve.

    This Well had its Initial Production Test on January 16th:
    24 Hour Test on 22/64 Choke:

    1,086 Barrels of Oil (38.1 Gravity)Light crude oil is defined as having an API gravity higher than 31.1 °API (less than 870 kg/m3:)oil with an API gravity between 40 and 45 commands the highest prices

    689 MCF of Natural Gas
    Flowing Tubing Pressure: 1260.0 PSI

    Looks like a Very Good Well.

    Also from January 7th Press Release:
    "In McMullen County, the Cobra B 1H averaged 592 boepd (95% oil) on a restricted choke over its first 30 days of production"

    The Cobra B had a 24 Test Initial Production on 12/03/2012 on 22/64 Choke:
    907 Barrels of Oil (40.2 Gravity)
    368 MCF of Natural Gas.
    Flowing Tubing Pressure: 1,235 PSI


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1.36+0.11(+8.80%)Oct 2 4:00 PMEDT