An exploration well drilled by Unit Corp. in the Jazz area of southeast Texas encountered 238 ft of net potential oil and gas pay in several lower Wilcox sands. This is Unit’s first test of the Gilly Downthrown fault block, located immediately south of its Gilly field operations. The Blackstone R-1 well initially tested 2.5 MMcf/d and 40 bo/d and is currently undergoing completion operations with fracking set for May. Two confirmation wells subsequently......
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