GulfWest strikes gas with first Glen Rose horizontal well

Independent producer GulfWest Energy has completed and started producing its first horizontal well in the Glen Rose natural gas formation in Grimes County, Texas, the company said Jan. 14.

The Hassler No. 1h well was drilled and completed to a total depth of 14,063 feet and brought online producing at a rate of 2.5 million cubic feet of natural gas per day and 40 barrels of oil per day, the company said.

GulfWest said it re-entered the previously abandoned Hassler well in late 2004, deepened the well and then drilled horizontally in the Glen Rose formation. While drilling the horizontal section of the well, the company said it encountered a number of fractures containing natural gas.

The company also said it recently finished the re-entry of a second well near the Hassler No. 1h, again using its own workover rig for the job. With the re-entry finished, GulfWest said is now moving a contracted rig to drill its second horizontal Glen Rose well.

GulfWest has a 75 percent working interest and operates the wells in the field. Its partner, Summit Investment, holds the remaining 25 percent working interest.

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