PetroQuest eyes Mississippian splash

Eyeing the Lime: PetroQuest to run seismic shoot in Mississippian play

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Luke Johnson

 07 January 2013 22:18 GMT

Solid results in the Mississippi Lime of northern Oklahoma have prompted US independent PetroQuest Energy to splash more money on the tight-oil play.

Louisiana-based PetroQuest said it has established production from two more operated Mississippian Lime wells in Oklahoma - PQML #9 in Pawnee County and PQML #8 in Kay County.

The Pawnee County well hit a maximum 24-hour gross production rate of 1291 barrels of oil equivalent, with 87% oil. The Kay Country well came on at a more modest 24-hour peak of 74 barrels of oil.

The company plans to complete another three Mississippian wells, each in "various stages of flowing back". It is currently drilling its first operated wells in Grant County,…

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