Spudded in late October, Selmo-22 has spent the past few weeks being tested using inflatable straddle packers.
Last month, Incremental reported that the well had flowed 105 barrels of oil per day on test from the ‘toe’ of the well, a depth of 6475-6545 feet.
Since then, an additional zone in the ‘heel’ of the well at 5900-6062 feet has been tested, flowing about 120bopd after an acid job, with potential for higher flows when placed on pump.
“Although caution must be exercised on extrapolation swab production data to long-term production rates,” Incremental said.
“The well will now be completed in both zones that have tested oil.”
Elsewhere at the field, drilling is continuing on the program’s third well, Selmo-41, where a hole has been milled in the casing and sidetracking is occurring as planned.
Incremental is using its own drilling rig for the four-well program, which is expected to cost $US4.2 million.
The company completed a similar USR campaign last year, where six vertical wells were re-entered and horizontal completions made to boost production.
The strategy appeared to work, with output from one well, S43, increasing 300% to 112 barrels of oil per day.
But the project took 50% – or 4-6 months – longer than expected to complete, pushing up the total project cost up to $5.03 million.