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- Oil and gas explorer Brookside Energy (BRK) has updated the market on the Jewell Well which is located in the Anadarko Basin, Oklahoma
- The company has now successfully set and cemented the surface casing and completed the intermediate casing
- Brookside is now prepping the well to commence drilling the horizontal section
- On the market this morning, Brookside is up 3.70 per cent and is trading at 2.8 cents per share
Brookside Energy (BRK) has updated the market on the Jewell Well in the Anadarko Basin, Oklahoma.
The well is being drilled as a mid-length horizontal well, targeting the Sycamore Formation at a depth of around 7800 feet. Jewell is planned to be drilled to a total measured depth of about 14,700 feet.
Brookside has now successfully set and cemented the surface casing to around 1100 feet. This is completed to protect all water aquifers (groundwater).
A wellhead and blowout preventer stack was then installed which is used to seal, control and monitor oil and gas wells to prevent blowouts, leaving the Jewell Well drilled in a vertical section to a depth of around 6850 feet.
More recently, on Sunday, May 16, the company also successfully completed the intermediate casing.
The intermediate casing is generally set in place before the production casing and after the surface casing to provide protection against the pressured or weak formations.
Brookside will now prep the well to commence drilling the horizontal section of the well.
Notably, Jewell will be the first company-operated well to be drilled and completed in the Jewell development unit.
On the market this morning, Brookside is up 3.70 per cent and is trading at 2.8 cents per share at 10:20 am AEST.
