Investors smile on Crimson results

All smiles: an Alabama football player smiles, as Crimson reports positive well results

AFP/Scanpix

related stories

Luke Johnson

 30 November 2011 23:15 GMT

US minnow Crimson Exploration on Wednesday detailed initial production rates for a pair of wells in the Eagle Ford shale play, drawing a positive response from investors.



Crimson’s Littlepage McBride 3H well in Karnes County, Texas, came on with a gross production rate 1034 barrels of oil equivalent per day on a 14/64-inch choke and 3057 pounds per square inch of pressure. That included 965 barrels per day of oil.

The well was drilled to a total measured depth of 16,613 feet, including a 5918-foot lateral, with a 15-stage hydraulic fracture, Crimson said in a statement.

The Littlepage McBride 4H came on at a gross rate of 1126 boepd, including 1002 bpd, on a 14/64-inch choke and 3072…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index