Wright Drilling & Exploration Drills Another Successful Oil Well in Oklahoma

Julie #3 drilling at night

Wright Drilling & Exploration, Inc. announced today the successful drilling and testing of their latest oil well project, JULIE #3, located in Okfuskee County, Oklahoma.

Scott M. Casper, President of Wright Drilling and Exploration, commented, “With our seasoned team of experienced geologists and drillers, we expected this well to be another success. We continue to show our partners that our off-set drilling programs have very high success rates, especially when you’re drilling against your own oil field logs and knowledge.”

We continue to show our partners that our off-set drilling programs have very high success rates, especially when you're drilling against your own oil field logs and knowledge.

Scott Casper

President

Wright Drilling & Exploration began site construction on Aug. 8, spud the JULIE #3 well on Aug. 23, and hit its total depth (TD) target of approximately 4,300 feet within 14 days. Electric log evaluations taken from the new wellbore confirmed the presence of multiple hydrocarbon-bearing zones, and the well is now going into completion for oil production.

Casper says the best results are when our partners call us and express their appreciation of being part of our Wright Drilling & Exploration family and oil fields.

Wright Drilling & Exploration continues to expand its leaseholds and oilfields in the states of Oklahoma, Kansas and Texas. Overall, Wright Drilling & Exploration has several successful oil fields with wells producing sweet crude, natural gas, and in some locations, both oil and gas simultaneously.

Source: Wright Drilling & Exploration, Inc.

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Categories: Energy

Tags: Drilling, Energy, Funding, Income, Investing, Oil, Production, Savings, Success, Tax, Ventures, Wealth


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About Wright Drilling & Exploration, Inc.

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Wright Drilling & Exploration, Inc. is an emergent North Texas-based oil and gas exploration company specializing in creating Limited Liability Companies for direct participation drilling and exploration ventures for accredited partners.

Wright Drilling & Exploration, Inc.
120 S. Austin Ave. #101
Denison, TX 75020
United States