Torchlight Energy Resources Inc. (TRCH:NASDAQ) announced in a news release that the operator of its Hazel oil project in the Midland Basin finished hydraulic fracture stimulation of the well there and the process went as planned.
The operator used 592,000 barrels of water and 24,000,000 pounds of sand. In 37 stages, it delivered the water at a rate of 80 barrels per minute rate and the sand in a quantity of 3,200 pounds per foot, the company stated.
Flowback is expected to commence next week.
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