Texon Tests Good Eagle Ford Well – McMullen County TX

Texon Petroleum released results from its latest McMullen County Eagle Ford well. The well tested at over 1,600 boepd at a pressure of more than 3,000 psi. Texon didn’t disclose if that was a full 24 hr test or not.

This well was completed with 17 frack stages compared to 15 in Texon’s first two wells.

Texon announces that its third Eagle Ford well (Tyler Ranch EFS #2H) has tested oil and gas at the rates of 1,488 bopd and 700 mcfgpd (combined 1,605 boepd (6)) through a 16/64” choke at a flowing tubing pressure of 3,000 psi.

The well is located just to the north of the Company’s first Eagle Ford Well (Tyler Ranch EFS #1H) – please refer to the attached map. The test rate from the third well is more than the 1,200 bopd initial rate from Texon’s first EF well through the same sized choke.

The third well also has a higher flowing pressure which indicates the well may perform better than the first well.

Read the full news release at texonpetroleum.com.au

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Kenneth E. DuBose

Kenneth E. DuBose

Kenneth DuBose is the past President of Cheyenne Minerals Inc., an independent oil and gas operator. He began his energy industry career with ARCO Oil & Gas. Mr. DuBose then directed development of natural gas storage projects with Tejas Power Corp. He was a founding member of U.S. Minerals, (acquired by Torch Energy in 1999) a provider of internet based education for America’s mineral owners. Mr. DuBose holds a BS in Petroleum Engineering from Mississippi State University. He has served on various industry steering committees, non-profit boards, and is an active member of the Society of Petroleum Engineers, the National Association of Royalty Owners, the American Association of Professional Landmen, as well as being a Registered Investment Advisor. He writes on topics of oil and gas investing, wealth management and personal finance, having appeared in the Wall Street Journal, Kiplinger’s, Kiplinger’s Personal Finance, Houston Business Journal, Financial Advisor and various radio and TV outlets.

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