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Abraxas IPs Multiple Bakken/Three Forks Lillibridge Wells

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   |    Tuesday,January 07,2014

Abraxas Petroleum Corporation has reported the following operational update on its Bakken Lillibridge and Federal East operations.

Lillibridge

In McKenzie County, North Dakota, the Lillibridge 5H, producing from the Middle Bakken, averaged 1,049 boepd (861 barrels of oil per day, 1,127 mcf of natural gas per day) over the well’s first 30 full days of production.

The Lillibridge 6H, producing from the Three Forks, averaged 921 boepd (762 barrels of oil per day, 954 mcf of natural gas per day) over the well’s first 30 full days of production.

The Lillibridge 7H, producing from the Middle Bakken, averaged 1,005 boepd (840 barrels of oil per day, 989 mcf of natural gas per day) over the well’s first 30 full days of production.

The Lillibridge 8H, producing from the Three Forks, averaged 1,049 boepd (902 barrels of oil per day, 883 mcf of natural gas per day over the well’s first 25 full days of production. Each of the four Lillibridge wells was constrained on a 16 to 20/64^th choke.

Jore Federal East

On the Jore Federal East pad, lateral casing has been set in the Middle Bakken on the Jore 2H and Jore 4H to a depth of 20,989 feet and 20,895, respectively. Raven Rig #1 is currently walking to the Jore 1H to drill the lateral section in the Three Forks. The three Jore wells are currently scheduled to be fraced in mid-February. In the event of extreme winter weather, the fracs could be postponed until the weather abates.

Abraxas owns a working interest of approximately 34% and 76% in the Lillibridge and Jore pads, respectively.

Bob Watson, President and CEO of Abraxas, commented, "The Lillibridge West pad again shows the benefit of our focused development program in the Bakken. With a team oriented culture allowing our geology, drilling and completion teams to work together seamlessly toward a common goal, and with a stalwart focus on attention to detail, we continue to show superior well results."