Borba 1-7 to Drill Ahead to First Natural Gas Target

Source: www.gulfoilandgas.com 3/1/2021, Location: Not categorized

Sacgasco Limited is pleased to announce that 13 3/8” casing has been run and cemented at a depth of 1,828 feet as planned. Graham Rig 5 drilled to 1,828 feet in 17 ˝” hole out of the 20” conductor set at 50 feet.

The well is currently preparing to drill out of the casing shoe before drilling ahead in 12 1/4” hole.

The Borba 1-7 well will be drilled directionally to test multiple stacked 3D seismic anomalies in the interval from 3,200 feet (975 metres) to 9,500 feet (2,800 metres) depth and finish in Basement rocks. The prospective interval covers around 6,300 feet (1,920 metres). The well is expected to take some 25 - 35 days to drill.

“The Borba 1-7 well is progressing to plan. The large-diameter directional hole has been drilled through challenging river gravels and achieved the planned casing point with pin-point accuracy. Borba is a technically compelling, low-risk onshore prospect, located in “Big Gas Country” in the massively under-supplied and hence premium priced 7 Bcf per Day Natural Gas Market that is California. We look forward to reporting on progress and hydrocarbon shows as we drill this exciting well. The next casing point, planned for around 6,000 feet, will be determined by key drilling parameters including pressure and mud-weight. We will continue to keep shareholders informed of progress.”





Gulf Oil and Gas
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