Touchstone Exploration's PS-623 well starts production at initial rate of 387 barrels a day

Bitget2026/10/29 07:13

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Touchstone Exploration Inc. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Touchstone Exploration's PS-623 well starts production at initial rate of 387 barrels a day

You may also like

Crypto prices