New Mexico

July 1, 2009
Completion work started on the Eumont State-2 well in Lea County, the first development well in Urssey Tank (Seven Rivers) field, said Saxon Oil Co. Ltd., Dallas.

By OGJ editors
HOUSTON, July 1
– Completion work started on the Eumont State-2 well in Lea County, the first development well in Urssey Tank (Seven Rivers) field, said Saxon Oil Co. Ltd., Dallas.

It offsets the KPI Eumont State-1 discovery well, which has produced more than 60,000 bbl of oil since completion in May 2008. Eumont State-2 encountered the same subsurface zones of interest as Eumont State-1, said Saxon Oil, which has 15% working interest in the field.