US-focused oil and gas producer Target Energy Limited provide an operations update on its Fairway Project in the Permian Basin, West Texas.

Drilling is now underway at BOA North #5 in Howard County, in which Target has a 50% Working Interest (WI). The well will be drilled to a planned depth of 3,030m (9,942 ft) and will test both the Fusselman and Wolfberry targets.

Following BOA North #5, the rig will mobilise to the Taree #1 well in Glasscock County, in which Target has a 50% WI. The well lies approximately 2 km south east of the Ballarat 185 #1 well. The well will be drilled to a planned depth of 3,048m (10,000 ft) and will test both the Fusselman and Wolfberry targets.

Tags: Target Energy