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- Brookside Energy (BRK) is gearing up to begin drilling at its Jewell 1-13-12 SXH well in Oklahoma with the construction of a multi-well drilling pad
- The junior oil and gas explorer kicked off the construction of the drilling pad on March 9 and says things are progressing nicely
- A well pad typically refers to an area of land that has been cleared of all trees and other obstacles and designated for natural gas or oil extraction
- Brookside’s pad will cover 137 square metres and be covered in around 2700 tonnes of crushed limestone to make it weather-resistant
- The completed pad will accommodate the drilling of several wells the assembly of large simulation equipment that will be required after drilling has finished
- Shares in Brookside Energy are trading 11.11 per cent higher this morning to two cents per share
Brookside Energy (BRK) is gearing up to begin drilling at its Jewell 1-13-12 SXH well in Oklahoma with the construction of a multi-well drilling pad.
The junior oil and gas explorer told investors this morning construction of the all-weather pad at the Jewell well kicked off on March 9, 2021, and is progressing nicely.
The Jewell well lies in Brookside’s SWISH Area of Interest (AOI) in the world-class Anadarko Basin, which is one of the world’s biggest natural gas deposits.
A well pad typically refers to an area of land that has been cleared of all trees and other obstacles and designated for natural gas or oil extraction.
In Brookside’s case, company subsidiary Black Mesa is clearing the 137-square-metre area and will then cover the plot of land in around 2700 tonnes of crushed limestone to ensure it remains operational in all weather conditions.
The pad will be connected to Oklahoma State Highway 7 through a 189-metre access road, which the Black Mesa team is also busy constructing.
Once completed, the Jewell well pad will not only accommodate the drilling of several wells but will also give Black Mesa a place to assemble large simulation equipment that will be required after drilling has finished.
Moreover, the design of the pad allows for the drilling of several wells in anticipation of future field development of the project area.
Brookside said it Black Mesa team is busy advancing and securing important contracts will key service providers for the development of the Jewell well. The company said these efforts are progressing “very well”, and it will update shareholders and investors on the development of the well shortly.
While Brookside is busy developing the well and drilling pad in the SWISH area, the company is also working on its Sooner Trend Anadarko Canadian and Kingfisher and South Central Oklahoma Oil Province plays in the Anadarko Basin.
Shares in Brookside Energy are trading 11.11 per cent higher at 10:55 am AEDT to two cents per share. The company has a $33 million market cap.
