Foothills Exploration has begun drilling its Labokay prospect well in Calcasieu Parish, Louisiana. The prospect is an amplitude-vs.-offset oil play that targets the Frio Nododaria Blanpiedi sand. The well will be drilled to a total measured depth of 8,575 ft and true vertical depth of 8,190 ft. The company will earn 100% working interest before payout for drilling, and Magna Operating will back in for a 20% interest after payout.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.