Lonestar Resources US Inc. (NASDAQ: LONE) has provided the results for its Horned Frog wells located in the Eagle Ford shale play, the company reported on April 10.
In La Salle County, Lonestar reported the completion of the Horned Frog G #1H and H #1H. These wells were drilled to total measured depths of approximately 22,800 ft (6,949 m) and 20,950 ft (6,385 m), respectively and were drilled from spud to total depth in an average of 12 days. These wells were fracture-stimulated in engineered completions with an average proppant concentration of 1,650 pounds per foot across an average of 40 stages per well utilizing diverters.
Flowback operations commenced on March 20 for the Horned Frog H #1H well, which has a perforated interval of 10,445 ft (3,183 m). After 18 days since first production and 6% of load recovered, it recently tested at three-stream rates 2,100 barrels of oil equivalent per day (boe/d), consisting of 425 barrels per day (bbl/d) of oil, 577 bbl/d of NGL and 6,587 cubic feet per day cf/d, on a 26/64-inch choke.
Separately, flowback operations commenced on March 22 for the Horned Frog G #1H, which has a perforated interval of 12,280 ft (3,743 m). After 18 days since first production and 5% of load recovered, it recently tested at three-stream rates of 2,176 boe/d, consisting of 432 bbl/d of oil, 600 bbl/d of NGL and 6,860 cf/d on a 28/64-inch choke.
As it has successfully done at Wildcat, Lonestar plans to stringently choke manage these wells to optimize the total liquids recovery over the life of these wells. Lonestar has a 100% working interest and 80% net revenue interest in these wells. Additionally, Lonestar continues to expand its leasehold position via primary term leasing activity in the Horned Frog area at costs that are in-line with its historically low leasehold costs.
Lonestar has commenced drilling operations on the Horned Frog North West #2H and #3H, in which it holds a 100% working interest.
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