(WO) – Kolibri Global Energy’s first well in the False Caney formation at its Tishomingo field in Oklahoma is averaging 636 boed, including about 545 bpd of oil. The Lovina 5-8-1HF well has a 1.2-mi lateral. None of the company’s current reserves are booked in the False Caney, and Kolibri hopes the formation will add many future drilling locations.
“We are excited about the very strong early results from our False Caney test,” said Wolf Regener, president and CEO of Kolibri. “We expect future False Caney wells to be mainly 2-mile laterals, which would lead to even higher production rates, assuming the same productivity per foot of lateral.”
Kolibri also reported results from three Clifton Mack wells in the Caney, which used a new fracture stimulation design. The wells, in which Kolibri holds a 97.45% to 99.03% working interest, are producing about 1,911 boed combined, including about 720 bpd of oil. The company said they flowed back differently from its earlier Caney wells, recovering much more of their frac fluid and maintaining higher frac fluid rates. Because they were drilled on acreage booked as probable reserves, Kolibri expects them to add proved reserves in its next reserve report.
Kolibri plans to keep developing the Caney while testing benches not yet in its reserve report, using the new frac design with further changes based on lessons from these wells.
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