Touchstone Exploration's PS-623 well starts production at initial rate of 387 barrels a day
Bitget2026/10/29 07:13- Touchstone Exploration reported gross CR-3 natural gas test rates of approximately 5,000 and 6,800 Mcf/d during extended testing in October 2026.
- PS-623 began producing at an estimated initial rate of 387 barrels of oil daily, with a 1% water cut.
- Third-quarter sales averaged 4,485 barrels of oil equivalent daily, including 19,354 Mcf/d of natural gas.
- Cascadura compressor availability reached approximately 98% in September, supporting average gross natural gas production of 13,000 Mcf/d.
- Three Cascadura optimization workovers are planned before year-end; the drilling contractor will cover turnkey drilling costs for the second WD-4 well.
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