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Athlon Ups Production 69% in 2013; Details Wolfcamp Well Results
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Athlon Energy has reported select operational results for the fourth quarter and full-year 2013.
Production UpdateAthlon’s average daily production volumes for the fourth quarter 2013 increased 69% to 14,689 BOE/D as compared to 8,710 BOE/D produced in the fourth quarter 2012, with oil volumes growing 83% year-over-year. Average daily production volumes for the full-year 2013 increased 73% to 12,213 BOE/D as compared to 7,047 BOE/D produced in the full-year 2012, with oil volumes growing 85% year-over-year.
Similar to other Permian operators, Athlon’s production volumes across the Midland Basin were negatively impacted by severe winter weather during the fourth quarter 2013. However, as a result of field personnel dedication, operational outperformance, and rapid contingency response…
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