The firm’s O'Brien #3H well has been hydraulically fractured in the Lower Wolfcamp A Zone and flow back is scheduled to commence on 25 August 2017.

With completion of drilling operations on the O'Brien #3H well, the drilling rig was released on July 1, 2017 and hydraulic fracturing of the well commenced on August 14, 2017. The O'Brien production facilities are nearing the final phase of construction and should be ready to receive production of oil and gas from the O'Brien #3H as the well unloads over the coming days and weeks. 

Preliminary test results, performed prior to commencement of the hydraulic fracture stimulation job, included oil produced to the surface.  A few miles to the south, on the Johnson tract, construction of the gas flowline is nearing completion to connect the Johnson State #1H well to the gas sales point.  We anticipate that both of the new wells will be put on production during the month of September 2017.

Houston American president and CEO John Boylan said: "We are very pleased with the efficiency and performance of our operating partner, with our two initial Reeves County wells coming in on or ahead of schedule. We anticipate announcing productivity results from fracking of the Wolfcamp A in the O'Brien #3H well once known. 

"Our next two wells, one on the eastern half of the O'Brien tract, (18.67% working interest) and one on the Johnson tract, (25% working interest) are planned to be drilled sequentially as was the case with our first two wells.  The operator anticipates the wells will spud toward the end of 4th Quarter 2017, depending on rig availability."