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Article: The Exploration Company Announces Glen Rose Extension.
- Article from:
- Business Wire
- Article date:
- January 28, 1997
CopyrightCOPYRIGHT 1997 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. 28, 1997--The Exploration Company (TXCO) announced today that it has tested gas from its Paloma "C" No. 2-108 in the Glen Rose formation in Maverick County, Texas.
The well flowed at a rate of 340,000 cubic feet per day with production of 1 barrel of condensate per day and 23 barrels of water per day through perforations from 5,597 to 5,600 feet.
"This well is approximately 1/2 of a mile west of the Paloma No. 1-107 which had an AOF of 44,000,000 cubic feet per day but on a separate reef," said James E. Sigmon, The Exploration Company's president. "Approximately 130 feet of reef was encountered but only the top ...