Blade Energy Partners, an independent engineering contractor, recently completed an independent review of Grand Gulf Energy's assets focused on the drilling data and petrophysical logs of the Jesse-1A and Jesse-2 wells. According to Blade's analysis, the upper reservoir in the Jesse-1A wellbore has the potential to produce over 5 mmcf/d of raw gas. In Oct'22, Grand Gulf had revealed helium concentrations of ~0.96% at Jesse-1A, which amounts to ~17.5 mmcf/y of helium. The company plans to undertake cost-effective workovers to isolate and stimulate the reservoir, potentially generating significant value. Furthermore, Grand Gulf is considering remediation and stimulation options for the Jesse-2 well, which appears to be non-commercial.
top of page
Search
Recent Posts
See AllPulsar Helium completed a 20km 2D seismic reflection survey at its Topaz Helium Project in Minnesota, showing a continuous helium-bearing...
Pulsar Helium doubled its net land position at the Topaz Helium Project in Minnesota, acquiring 2.1k net acres for US$314k, with further...
Predator Oil & Gas completed an independent report highlighting helium potential in its MOU-5 structure within the Guercif licence,...
bottom of page
Comments