Proactive Investors - Run By Investors For Investors

World Oil Resources reached total depth at Kansas oil field well

World Oil Resources reached total depth at Kansas oil field well

World Oil Resources (ASX: WLR) and its joint venture partner CMX have drilled the vertical #1-1 Krehbiel Trust well at the Welch-Bornholdt Wherry Project in Kansas, USA, to total depth of 3.500 feet.

The target Mississippian formation came in structurally high to adjacent wells and with oil shows on cuttings.

A drill stem test was run to test reservoir pressures and flow potential, and based on the favourable results the decision was made to log and case the well.

The current operation is running well logs, with flow rates to be measured once the well is completed and production tested.

The Welch-Bornholdt and Wherry Oil Fields are a mature, developed and mostly abandoned crude oil accumulation, located around 200 kilometres from the Klick East Oil Field in Oklahoma, just 30 kilometres by road from a refinery.

Around 1,400 vertical wells have been drilled over more than 60 years on the fields, and aggregate production totals 46 million barrels of mainly high quality sweet crude oil.

WLR and CMX have established 50-50 joint venture across 15,000 acres, which includes the well presently being drilled, mainly in the Mississippian age carbonate rock formation that is up to 10 metres thick.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full ABL profile View Profile

Abilene Oil & Gas Ltd Timeline

Related Articles

July 25 2018
The company is focused in the Wheatland and Princess in Southern Alberta, where it is targeting the Lower Mannville formation
Oil field
March 07 2019
The Woodrush field covers 13,000 acres and lies 65 miles north of oil and gas hub Fort St. John
Oil well
February 13 2019
TLP-103C’s upper reservoirs will be targeted by blending the R2 and the Mengo intervals through a double completion in the well.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use