Range Resources updated on the Russell Bevly #1 appraisal well as part of the North Chapman Ranch Joint Venture’s multi-well program in Texas.
The appraisal well Russell Bevly #1 spudded on May 9, 2010 and is progressing as follows:
Name of Well Russel Bevly #1
Spud Date May 9, 2010
Current Depth of Well ~6,435 ft. (1,959m)
Target Depth of Well ~14,000 ft. (4,268m)
RRS Beneficial Interest 20%
The projected total depth of the well is 14,000 ft. (4,268m), and located approximately 1,900 ft. (570m) north-northwest of the Smith #1. Range holds a 20% working interest in the well, which has an estimated dry hole cost of $US3.8m (Range share US$760,000 which was pre-paid).
Tags:
Range Resources Corporation
Add a Comment to this Article
Please be civil. Job and promotion will not be added into the comment page.