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Abraxas Talks Results from Latest 660' Spacing Test; Updates Bakken Ops
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Abraxas has reported an update on its latest drilling activity and results.
Delaware Basin Caprito Pad - Testing 660' SpacingOn our four well Caprito 99 pad, we are testing spacing of 660' between parent/child wells in the same zone. After our conservative flowback protocol, all four wells appear to have reached peak producing rates approximately 50 days from producing first oil.
For the last 30 days, the two wells (Wolfcamp A-1 and Wolfcamp A-2) 1,320' from the older producer have averaged 908 barrels of oil equivalent per day (two-stream, 82% oil). The two wells located 660' from the older producer, also in the Wolfcamp A-1 and Wolfcamp A-2, have averaged 604 barrels of oil equivalent (two-stream, 85% oil).The parent child relationship is obvious, but it is too early in the life…
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