Australian oil and gas company Titan Energy has experienced success in its drilling program on Allen Dome.
The JT Reese #14 has reached a total depth of 4,390 feet and has been logged to a depth of 3,950 feet.
The drilling rig is now performing a “wiper trip” to clean up the hole down to the total depth. When the hole has been cleaned out further tests will take place for extensive sidewall coring and directional surveys.
Brad Simmons, chief executive of Titan, said the well is both a geological and operational success.
He added: “While the log is only the initial part of a string of data, this will clearly, in my opinion, be the best well drilled on this dome in over 32 years.
“The eight potential pay zones, look to be as good as any I have seen in many years.”