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Ultra Spuds Pinedale Well with Two-Mile Lateral; Touts Production Increase

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   |    Tuesday,September 19,2017

Ultra Petroleum reported that it recently spud a Lower Lance "A", two mile horizontal well in the Pinedale play.

The well reached TD of 22,483' on September 17, 2017 with a 10,228' lateral that was drilled 100% in the target zone. The company encountered significant sand and gas shows throughout the lateral. The well is scheduled to be completed during the first week of October 2017 with an estimated 45 frac stages.

The company has also reported a production increase to 796 MMcfe/d (up 8% from Q2).


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