Drilling the ASE 4
Valued Partners,
We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced.
As of Tuesday the 2nd of March we began our ASE 4 well (Phase III) drilling program and all reports indicate that we are making substantial progress. We have engaged a mud logging team who will examine the cuttings from the Misener formation (rock) area estimated to be at approximately 3,950 ft. These results will provide key information that Deane Pearce (our Petroleum Engineer) and the ASE team will analyze to determine which type of sand stimulation (frack) will be the most effective to maximize the EUR (estimate ultimate recovery) of the ASE 4 well, and of course all other wells on our lease. Once we have selected a specific sand stimulation, we will engage our completion team to commence work with the expectation of seeing substantial oil and gas production.
During the drilling operation, all Phase III investors have been given access to the three live, on-site cameras and Pason, which is a technology that tracks drilling progression (by the foot) in real-time. An email has been sent to your inbox from Pason, and also Arlo, ing you access to both systems. If you would like access to, or are having difficulties accessing either Arlo or Pason, please email Sharon O'Brien at sharon.o@alphasevenenergy.com
https://youtu.be/4bebh1fw6qM
Our latest video update from the drill site of the ASE 4
https://youtu.be/PIQ7i61nEhQ
An introductory video to the live camera system (Arlo) and our real-time drilling analytics software (Pason)
