St. Helena well’s initial production spurs interest
The Encana Weyerhauser well, completed in November, averaged 784 barrels of oil per day and 309,000 cubic feet of natural gas, according to Encana’s filing with the state Department of Natural Resources.
“This is certainly a key well. There’s no doubt,” said Dan Collins, a Baton Rouge landman who spent much of last year negotiating lease agreements with landowners in the shale.
“You know, 800 of anything coming out of the ground daily is a lot,” Collins said.
That’s especially true when the anything in question fetches nearly $100 a barrel.
Around two dozen wells have been drilled or are being drilled in the Tuscaloosa…
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