Project Profile
Location: Vermilion Parish, Louisiana, USA
Production: ~28,000 Mcf of gas, 900 Bbls of oil and 1,200 Bbls of natural gas liquids
Daily production: >40 Mmcfe p/d
Start-up Year: 01/06/15
The Thunder Bayou Prospect is located in Vermilion Parish, Louisiana. PetroQuest Energy is the operator with 50% working interest in the project and 37% net revenue interest in the newly found well, which logged approximately 490 gross feet (202 net feet) of high quality pay within the primary Cris R2 objective. PetroQuest Energy has produced in excess of 70 Bcfe gross from the Cris R2 sand since 2012 at its La Cantera project located two miles south of Thunder Bayou. The Company expects to commence production from its Thunder Bayou discovery well in the second quarter of 2015 at a gross daily rate of approximately 25,000 - 30,000 Mcf of gas plus associated oil and natural gas liquids, which will be determined during the upcoming well test. Thunder Bayou\'s land location will allow for production to be established quickly with significantly lower facilities costs as compared to La Cantera\'s wet marshland location. Thunder Bayou discovery well in Vermilion Parish during 2015 was producing at a gross daily rate of approximately 28,000 Mcf of gas, 900 Bbls of oil and 1,200 Bbls of natural gas liquids.
Operators:
PetroQuest Energy: Operator with 50% interest
Other: 50% interest
Contractors:
Subcontractors: