The second test well at the West Copperline property in New Mexico has achieved strong results for the company’s Bone Spring programme.
It produced at a peak 24-hour rate of 879 barrels of oil and 1374 million cubic feet of natural gas.
West Copperline 29 reached a total measured depth on 20 February and started producing on 7 March.
Caza is continuing clean-up operations, but infrastructure has been in place since the well started producing, so sales have already begun.
The 1H well at the project which preceded this well has been producing out of the second Bone Spring Sand interval.
While Caza is already producing from upper formations, the company is confident that the deeper Wolfcamp formation is also oil and gas prospective.
