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Thursday, June 25, 2009 11:17:00 AM
Titan's Eberle-1 poised for production
By Upstream staff
San Antonio-based Titan Oil and Gas has completed preparation of the Eberle-1 well in Bastrop County, Texas, for production. The well is ready to be moved into production as soon as it is connected to a gas pipeline, for which the company is currently securing right of way.
The well had previously been in production and has since been completely reworked, including by a process of hydraulic fracturing. The well has a history of production of up to 170 barrels of oil and up to 178 thousand cubic feet of gas per day.
Monday, 19 May, 2008, 16:01 GMT | last updated: Thursday, 19 June, 2008, 22:24 GMT
http://www.upstreamonline.com/live/article155098.ece
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170 bbls x $60 = Approx $10k/day
175kcf x $4 kcf = Approx $700/day
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