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Bill Barrett Averages 1,000 BOE/d IP in DJ Basin; Talks Powder River Deep Oil
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Bill Barrett Corp. has reported an update on its second quarter 2013 Denver-Julesburg and Powder River Basin operations.
Denver-Julesburg Basin, Colorado and WyomingNortheast Wattenberg/DJ Basin – Second quarter net production averaged nearly 3,000 Boe/d. Today, the Company is providing results on three new wells, all of which demonstrate higher rates as a result of improvement in completion technology and changes in artificial lift. The three wells, drilled in the northern portion of the position, had an average 24-hour peak IP rate of approximately 1,000 Boe/d and an average 30-day rate of 517 Boe/d. The three wells were drilled to approximately 6,300 feet vertical depth with approximate 4,000 foot laterals and were completed with 17 fracture stimulation stages. The Company continues…
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