Denver, CO-based Aspen Exploration Corp. announced Monday its seventh consecutive successful flow test on a recently drilled gas well in the Sacramento Valley gas province of northern California. The Kalfsbeek #1-13 well located in the Buckeye Gas Field, Colusa County, CA, was drilled to a depth of 8,800 feet and encountered gas pay in several intervals in the Forbes formation.
Several of these Forbes intervals were perforated and tested gas on a 1/4 inch choke at a flow rate of 2,909 Mcf/d with a flowing tubing pressure of 2,005 psig and a flowing casing pressure of 2,080 psig. Aspen has a 30.625% operated working interest in this well.
In addition, Aspen announced that the first six gas wells it completed this year are currently connected to the pipeline and are selling gas at the combined gross rate of approximately 6,600 Mcf/d. “These wells are capable of flowing at higher gas rates, but Aspen chooses to produce these wells in a conservative manner in an effort to extend the longevity of the production,” the company said.
Aspen is also finalizing plans for the drilling of additional wells in the upcoming winter season. The company pointed out that it drilled ten successful gas wells out of ten attempts in 2004, and nine gas wells out of ten attempted thus far in 2005. During the last five years, Aspen has participated in the drilling of 34 operated wells, 30 of which were completed as gas wells, and 4 dry holes which were plugged and abandoned, a success rate of 88%. Aspen currently operates 52 gas wells and has non-operated interests in 15 additional wells in the Sacramento Valley of northern California.
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