Toreador
posted on
Jan 15, 2009 05:03PM
Developing large acreage positions of unconventional and conventional oil and gas resources
For those that don't know, Toreador and their partner Delta Hydrocarbons are drilling a deep unconventional well right next door to the Mako Trough.
It should be spudded within the next few weeks. It should be an interesting one to watch.
Nov 2008:
Wellsite being prepared for Tompa deep gas well
In Hungary, the drilling pad for the previously announced deep gas well in the Kiskunhalas trough is being prepared for a mid-December spud date. The well, which is being funded by a joint venture partner, is being drilled to test a high-pressure, high-temperature unconventional deep gas play first discovered in the 1980s. The well is expected to take 70 to 90 days to drill. Toreador has a 25% working interest and is being carried through the drilling, completion and testing of the well. Delta Hydrocarbons, a private European energy fund, is earning a 75% working interest in any unconventional gas resources in Toreador’s Tompa exploration block by funding the first well.
(Maybe they should have asked Falcon to help them out with the wheelin' and dealin' )
Jan 7:
The Company also announced today that in Hungary, the BaE-1 well, which is testing the deep unconventional Tompa gas play in the Kiskunhalas trough, has been delayed to an expected start date in early February due to rig availability issues. The drilling contractor has informed us that mobilization to our location should occur sometime in late January 2009, once additional unanticipated work has been completed on the rig’s current location for another customer.
It's also noteworthy that Falcon aren't the only ones to build pipelines prior to even testing the well.
"In Hungary, the Tompa deep well, which is our BAE1 well, as anticipated, is spudding in mid December 2008. This is our Tompa D or Kiskunhalas trough prospect which is a deep, overpressured gas test, offsetting two gas show wells drilled by the state oil company in the mid 1980s. Toreador is being carried for 20%, 25% working interest through the testing and fracking of this well. The pipeline right-of-way to affect this testing is currently being secured with construction anticipated to start in the first quarter of 2009 and gas sales and testing to begin in the late second quarter of 2009."