Grand Gulf Energy is building on the purported success of its first exploration well at the Red Helium project in Utah, with plans to drill a second well before year end. The company has finalised the site of the upcoming Jesse#2 well with the aid of 2D seismic data combine with results from Jesse#1A and historical well results. It will exclusively target the gas zone and a priority to complete well above the gas/water contact to manage the risk of water ingress. The key to watch for with this well will be the flow rate given GGE was unable to flow the first well.
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