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804 0 0 1 3 5. Calima Energy has produced some positive production figures from its latest frac campaign for its three Leo wells that form part of its Thorsby project in Alberta, Canada. Christmas on the Leo 3 well called for maintenance. December 31st, however a number of events occurred which impacted the wells reaching peak production. The company said Leo 3 developed a downhole sand issue on 23 December requiring a well intervention that could not be resolved until the 3 January. Compounding the issue, there were limited services available between Christmas and New Year at a time when Alberta had an intense resurgence of COVID via the Omicron variant which has limited the availability of manpower.
Additionally, extremely cold weather conditions which saw the mercury drop to -45C meant rig and manpower mobilisation had been restricted until 3 January. Whilst the company said the short-term operational issues were frustrating, the wells continued to meet or exceed expectations and it was confident the third generation wells were going to exceed production from its second generation Sparky wells, albeit with the delay. Recovery of the proppant load, used to frac the well, is estimated to take 90 days. Load recovery is estimated to take 60 days.
A workover service rig arrived at the Leo 3 location on 3 January to perform a coiled tubing clean out of the frac sand that has entered the wellbore, causing the pump to fail. Calima said two of its three Leo wells have achieved excellent run times and production results, but the additional work to optimise Leo 3 was not unusual when drilling extended reach wells. Come February, Calima shareholders will be hoping the Leo wells will be achieving a three from three result. That will be worth singing about. Is your ASX-listed company doing something interesting? Get the latest news from thewest. Fringe World is BACK for 2022!