GEOMAXX EXPLORATION
"I just wanted to let you know of some
recent successes utilizing your radiometrics, fracture mapping, and
hyperspectral imaging. We drill for oil and gas in West Virginia (and in
set locations all over the world) using your technologies. We have
experienced unparalleled success. We have yet to call our investors with
the news of a dry hole."
Read:
Reference Letter from GeoMaxx (PDF)
TEN FOR TEN
Majestic Management Corporation of Glasgow,
KY completed 10 successful wells in a row in 1996. The wells locations
were based on Mammoth's KUTT Radiometric and Potassium 40 surveys. Using 1
acre spacing Mammoth made multi-channel spectrometer readings over the
400+ acre lease block. Mammoth staked 10 locations based on its Potassium
40 low readings. The 10 wells were drilled to an average depth of 1000
feet into the upper Silurian, Corniferous, Brownsport Formation. All 10
wells encountered free oil and when completed with acid, flowed back at up
to 30 BOPD. Majestic plans to drill another 10 well program in the area
based on Mammoth's KUTT Radiometric surveys.
SUCCESSFUL WELL EXPLAINED.
Ferguson Brothers #9372, Albany Quadrangle,
Clinton County, Kentucky. The successful reentry and deepening of this
well in 1990 by Syndicated Options created a drilling boom not seen in
Clinton County for over a decade. Th e well blew out at 1008 feet in the
Stones River formation and had to be produced through the drill string for
nearly a year. For weeks on end th e well produced in excess of 1000 BOPD
and has to date made over 250,000 barrels. Several years before the well
was discovered we produced a Natural Fracture Potential Map of the Albany
area. After the well was discovered the map was consulted and the well was
found to be located at a fracture intersection.
SUCCESSFUL OFFSET.
Matthew's #1, Albany Quadrangle, Clinton,
County, Kentucky. Robo Enterprises of Bowling Green, Kentucky drilled the
first offset to the Ferguson 9372 discovery well. Situated about 1600 feet
to the northwest of the Ferguson well we selected this site on the basis
of our Natural Fracture Potential Mapping and ERPS Geophysical Surveys.
The location was one of three intersecting fracture zones that form a
triangle about 500 feet on a side. A Geochemical survey performed
independently also confirmed this location. The well blew in natural at
over 150 BOPD. The southeast end of the fracture triangle was also drilled
successfully by Syndicated Options.
DISCOVERY
Steve Jones #1, Savage Quadrangle, Clinton
County, Kentucky. Drilled in July 1992 by DP Enterprises of Barboursville,
Kentucky this well was sited using our Savage Quadrangle, Natural Fracture
Potential Map. The well flowed 2000-2500 BOPD from 1535 feet in the
Murfreesboro Formation. Two other offsets to this well also sited using
our natural fractures maps have also been successful having initial open
flows of 200 BOPD and sustained production of 15-20 BOPD.
HIGH VOLUME WELL.
Syndicated Options 9413, Albany Quadrangle,
Clinton County, Kentucky. This well is located on a natural fracture zone
shown on our Albany Quadrangle, Natural Fracture Potential Map. As
reported in the November, 1991, Northeast Oil World, this well is
producing 350 BOPD on pump and initially flowed 140 barrels per hour or 4
days form the Cambro-Ordovician, Knox Formation.
WILDCAT DISCOVERY.
The Thelma Davidson #2 wildcat well was
drilled in 1983, 10 miles northwest of Bowling Green, Warren County,
Kentucky. Some minor shows were noted i n the Mississippian Warsaw and
Devonian Corniferous Formations. Subsequent Radiometric Surveys indicated
a previously unknown field with a potential extent of 3000 acres. In
1984-1985 14 wells were drilled based on Radiometric anomalies. Twelve
wells encountered oil in the Devonian Corniferous, 4 of which were also
productive in the Mississippian Warsaw formations. The average initial
production of the wells was 20 BOPD. Field reserves were estimated at over
1 million barrels in-place with 330,000 barrels recoverable on 600 acres
of leasehold. This new field was named the Saltlick Creek Field and also
extended the Bowling Green Consolidated Field. As of 1992 the average
production was still 2-5 BOPD. Two gas wells in the field also tested with
open flows of 330 and 475 MCFPD.
COMPLETION
J.E. Stockton #2 ( Permit #46435), Shipley
Field, Albany Quadrangle, Clinton County, Kentucky. Drilled in December
1981, by Cookse Polk Oil Company, Inc. of Albany, Kentucky, this well was
initially sited using iodine-specific geochemistry. A subsequent
Radiometric Survey revealed a significant fracture anomaly and the
location was moved approximately 10 feet to place the actual drilling site
within 50 feet of the anomaly. The well blew out at a depth of 1628 feet
in the top of the Ordovician, Knox Dolomite, with an estimated open flow
of 1600 BOPD. The well was brought under control and choked back to
produce at an initial rate of 180 BOPD. The well produced over 11,000
barrels of oil before being plugged in 1986.
COMPLETION
Margie Case #2, Shipley Field, Albany
Quadrangle, Clinton County, Kentucky. This well was sited using Windowed
Radiometric Analysis and Spectral Radiometric Profiling Surveys (SRPS) and
drilled in May 1992 by Touchstone Energy. Free flowing oil was encountered
in the top of the Ordovician, Knox Dolomite at 1636 feet. Initial
production was 10 BOPD. As of May 1993 the well was still producing 3 BOPD.
FRACTURES LOCATED
Margie Case #1, Shipley Field, Albany
Quadrangle, Clinton County, Kentucky. This well was sited based on
Spectral Radiometric Profiling Surveys (SRPS) that were run to verify the
location of intersecting fractures shown on our Natural Fracture Potential
Maps. The well was drilled in March 1993 by GEMCO Oil Development. Drill
cuttings analysis indicated intense natural fracturing and two overlapping
fault zones with approximately 30 feet of throw. Technically SRPS and
Natural Fracture Mapping were successful even though the well was
completed as a dry hole.
POTENTIAL PRODUCER
WV Brake Heirs #1, Burkesville Quadrangle,
Cumberland County, Kentucky. This well was sited based on Windowed
Radiometric analysis and drilled in April 1993 by GEMCO Oil Development.
The well encountered 8 feet of oil saturation in the Granville Formation
at a depth of 360 feet. Gas was encountered in an Upper Sunnybrook
fracture zone at 425 feet. The gas volume is estimated at 275 MCFPD.
Treatment is planned for the oil zone.
DISCOVERY WELLS
H. Honaker #2 and #3, Richardsville Field,
Warren County, Kentucky. One small well existed in the Warsaw Formation
producing approximately 2 BOPD. Our Radiometric Survey revealed
significant potential in the northeast portion of the lease and two wells
were drilled in January 1984 by Robo Enterprises of Bowling Green,
Kentucky. Well #2 encountered oil at 750 feet in the Mississippian, Warsaw
Formation and was completed at an initial production rate of 50 BOPD. Well
#3 was completed in the Devonian, Corniferous at 1200 feet and had an
initial production rate of 30 BOPD after treatment. Both wells were
considered discovery wells and extended the Richardsville Field beyond
previous boundaries.
FRACTURES LOCATED
Billy K. Smith lease, Savage Quadrangle,
Clinton County, Kentucky. Based on our Natural Fracture Potential Maps the
operator wanted to pinpoint and confirm the fractures before drilling.
Spectral Radiometric Profiling Surveys (SRPS) confirmed the fracture
mapping and a well was drilled on the northeast-southwest fracture trend.
The well was sited directly on the fracture and drill cuttings indicated
that the fracture was probably a minor fault with about 30 feet of
vertical throw in the Murfeesboro formation. The well was dry but is
considered a technical success because the SRPS did confirm and map the
location of the fracture zone.
FRACTURES LOCATED
Parnell Quadrangle, Wayne County, Kentucky.
Our Natural Fracture Potential Maps indicated intersecting fractures on
the clients prospect. Spectral Radiometric Profiling Surveys )SRPS) were
run and confirmed the surface location and strike of the mapped fracture
zones. The prospect has not yet been drilled.
COMPLETION
Taylor #2 (API# 47-073-1705), Jefferson
District, Schultz Quadrangle, Pleasants County, West Virginia. Drilled by
Rare Earth Energy of Clarksburg, West Virginia, this well was initially
sited using our Natural Fracture Potential Maps for the Schultz quadrangle
area. The site was then pinpointed with 430 feet of ERPS Geophysical
Surveys. The well blew in natural at a depth of 4100 feet in the upper
part of the Devonian Shale. The initial open flow production was more than
500 BOPD and 2.4 million cubic per day. As of 1990 the well had produced
14,164 barrels and 47.9 million cubic feet of gas. Attached is a copy of
the well location plat, completion report and ERPS log.
COMPLETION
Hazelbaker #1 (API# 47-085-6133), Union
District, Pennsboro Quadrangle, Ritchie County, West Virginia. Drilled by
Rare Earth Energy of Clarksburg, West Virginia, this well was initially
sited using our Natural Fracture Potential Maps. The site was then
pinpointed with ERPS Geophysical Surveys. The wells total depth was 5800
feet with a 1600 pound rock pressure. Production is form the Devonian
Shale at a deliverable rate of 150 MCFPD.
|
