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Article: The Exploration Company announces Glen Rose Extension.
- Article from:
- Business Wire
- Article date:
- January 19, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN ANTONIO--(BUSINESS WIRE)--Jan. 19, 1996--The Exploration Company (TXCO) announced today that it has tested significant quantities of gas from its Paloma "B" No. 2-112 in the Glen Rose formation in Maverick County, Texas.
The well flowed at rates up to 2,467,000 cubic feet per day and 30 barrels of condensate per day through perforations from 5,590 to 5,610 feet. The well has an absolute open flow potential (AOF) of approximately 20,000,000 cubic feet of gas per day.
"This well is approximately 3/4 of a mile south of the Paloma No. 1-107 which had an AOF of 44,000,000 cubic feet per day and still produces at a rate of over 1,250,000 cubic feet per day ...