Comstock Resources, Inc. Announces Latest Drilling Results at Double A Wells Field
FRISCO, Texas, Nov. 28 /PRNewswire/ -- Comstock Resources, Inc. (NYSE: CRK) ("Comstock" or the "Company") today announced it has completed production testing of its latest two wells in its Southeast Texas drilling program at the Double A Wells field in Polk County, Texas. The W. T. Carter & Bro. # 10 well was drilled to a total depth of 14,196 feet and was completed in the upper Woodbine formation through perforations from 14,017 feet to 14,097 feet. The well tested at 6.5 million cubic feet of natural gas per day and 406 barrels of condensate per day (8.9 mmcfe per day) flowing on a 20/64 inch choke at 3,200 pounds per square inch flowing tubing pressure. Comstock owns a 32% working interest and is the operator of this new well.
Comstock's Carter Battise #4 well was drilled to a total depth of 14,200 feet and was completed in the upper Woodbine formation through perforations from 13,954 feet to 14,005 feet. The well was tested at 3.4 million cubic feet of natural gas per day and 140 barrels of condensate per day (4.2 mmcfe per day) flowing on a 18/64 inch choke at 500 pounds per square inch flowing tubing pressure. Comstock owns a 32% working interest and is the operator of this new well.
To date, Comstock has drilled ten successful wells in or near its Double A Wells field in Polk County, Texas. These ten wells had an average per well initial production rate of 6.1 million cubic feet of natural gas equivalent per day.
Certain statements in this news release regarding future expectations, plans for drilling, estimates of oil and gas reserves and production and pricing may be regarded as "forward looking statements" within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as operating hazards, drilling risks, and the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas. Actual results may vary materially.
Comstock Resources, Inc. is a growing independent energy company based in Frisco, Texas and is engaged in oil and gas acquisitions, exploration and development primarily in Texas, Louisiana and the Gulf of Mexico. SOURCE Comstock Resources, Inc.
CONTACT: Roland O. Burns, Sr. Vice President and Chief Financial Officer of Comstock Resources, Inc., 972-668-8800/