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Freeport-McMoRan performs successful production test at Highlander discovery

Freeport-McMoRan has announced a successful production test from the Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend. The production test, which was performed in the Cretaceous/Tuscaloosa section, indicated a flow rate of approximately 43.5 million cu ft of natural gas per day (MMcf/d) on a 22/64-in. choke with flowing tubing pressure of 11,880 lbs per sq in. Freeport-McMoRan and its partners expect to begin production in 2015 using facilities in the immediate area.

The Highlander discovery well was drilled to a total depth of approximately 29,400 ft in Q1 2014. Wireline log and core data obtained from the Wilcox and Cretaceous sand packages indicated favorable reservoir characteristics with approximately 150 ft of net pay. Freeport-McMoRan has identified multiple prospects in the Highlander area, where it controls rights to more than 60,000 gross acres.

“We are pleased with the results of the Highlander production test, which confirm the favorable reservoir characteristics of this discovery. We congratulate our team on this accomplishment, and we look forward to bringing this well on production in 2015,” according to the company.

Freeport-McMoRan is operator of the Highlander well and holds a 72% working interest. Other working interest owners are Energy XXI (18%) and W.A. “Tex” Moncrief Jr. (10%). The Gulf Coast Ultra-Deep Royalty Trust also holds a 3.6% overriding royalty interest in the Highlander area.

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