Here is the latest update on the Lois Anne #1 well following the completion of the Hunton formation, including an overall progress report on the ASE Lois LP - 10 Well Portfolio.
Current Performance:
Current Configuration:
Recent Progress: During the flowback period, we were flowing the fluids into the frac tanks. As we commenced construction of the permanent tank battery facilities, we connected the lines to the ASE 4 facilities. In just the past few days, we have been filling up the oil tanks.
To provide context for the Lois Anne #1 well's potential, we researched 4,300 Hunton formation wells across Oklahoma. Here is what our comprehensive analysis uncovered:
Production Rates:
Oil Production:
Gas Production:
Modern Well Performance:
The Lois Anne 1 well is currently in the early production phase, with 8-10 BOPD during the final load water recovery period. Based on historical Hunton formation performance data, wells typically show significant production increases as water production decreases and gas-oil ratios stabilize. The strong gas presence and oil filling the tanks are positive early indicators of the well's potential to reach low-to-mid range production rates over the coming months.
Once the ASE 4 disposal well receives regulatory approval, we will have the capability to co-mingle multiple formations—such as the Wilcox and Hunton—within individual wellbores. This strategic flexibility is made possible by having a cost-effective saltwater disposal solution in place, which eliminates the economic constraint that previously made high-water-cut formations unviable. By efficiently managing produced saltwater through the ASE 4 disposal facility, we can unlock additional productive zones and maximize hydrocarbon recovery across the field without being limited by water handling costs.
Target Formation: Viola formation (open hole completion)
Secondary Zone: Booch Sands
Scheduled Spud Date: By mid-December 2025
Target Formation: Wilcox formation
Scheduled Spud Date: Approximately 7 days from the Lois Anne #2 spud date
Drilling Plan: Back-to-back drilling operations planned for maximum operational efficiency
Drilling Rig Schedule: The drilling rig is scheduled to arrive on location within 24-48 hours, with both wells planned for consecutive drilling operations to optimize rig mobilization costs and accelerate the development timeline.
Production Status: Temporarily shut-in, awaiting scheduled workover.
Completion Plan:
Regulatory Timeline: Operations scheduled pending ASE 4 conversion to disposal well. Permit filed for conversion to a saltwater disposal well with the Oklahoma Corporation Commission (OCC). Application No. 2601100401 has been opened by the UIC department.
Documentation Submitted: Comprehensive documentation provided to the Underground Injection Control (UIC) department, including wireline logs, water samples, proposed wellbore schematic, and supporting technical information for disposal permit review.
Production Status: Producing with sustained improved performance following operational adjustment.
October Production:
Optimization Results: During October, we opened up the pressure valve on the separator, decreasing pressure from 60 PSI to approximately 40 PSI to relieve line pressure. This adjustment resulted in:
The well continues producing at these enhanced levels, demonstrating the lasting impact of the optimization work.
November 2025 Production:
Operational Status: The Carter Reynolds well produced as expected throughout November with no operational issues or maintenance requirements. The well continues delivering consistent production performance, selling on average one full load of oil every two months.
We will provide comprehensive updates as drilling operations commence on Lois Anne #2 and #3 wells.
Best regards,
THE ASE TEAM
