South Waltman
Located approximately 15 miles southeast of the Madden Anticline and three miles south of the Cave Gulch field, Double Eagle operates the South Waltman field with an average working interest of 46.67% in the acreage. To date, two wells have been completed. The Waltman 34-24 well was drilled and completed at a depth of 4,349-4,374 feet. The Waltman 24-24 well was drilled to a total depth of 9.342 feet and was completed in several Lance zones. The Waltman 24-24 began producing July 31, 2009. In the fourth quarter of 2010, management concluded that the non-producing Waltman 34-24 well is not capable of economically producing reserves, and we wrote-off the carrying costs of this well.
0.59%