TransTexas Gas confirms Mississippi gas discovery
TransTexas Gas Corporation has reported that its Foote Estate No. 1 natural gas discovery well in Wayne County, Miss., had been successfully flow tested from the Norphlet formation at a rate of 12.4 mmcf of natural gas and 440 barrels of condensate per day, with flowing tubing pressure of 4,900 psi. through a 23/64-inch choke. On June 5, 1996, TransTexas announced that the exploration well had been drilled and that it indicated it had made a new natural gas field discovery. The Foote Estate No. 1 was drilled to a total depth of 15,262 feet and encountered productive shows in the Norphlet and Cotton Valley formations. In addition to the productive Norphlet, a 60 foot interval was tested in a Cotton Valley indicated net pay zone of 160 feet, that flowed at approximately 1 mmcf of natural gas per day, before fracture treatment. TransTexas owns a 94 % working interest in the area of approximately 6,750 gross acres and is currently constructing a 7.5 mile, 8-inch gas pipeline to transport gas fromthe new field. The company is presently drilling two delineation wells in the field that are expected to further extend the limits of the Norphlet production and assist in evaluation of the Smackover, which is the primary objective in the area. The first of these two delineation wells has encountered Smackover, Cotton Valley and Norphlet shows.