Exploration & Production | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Bill Barrett Boasts DJ Basin/Niobrara Success; 2014 Development Mode
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Bill Barrett Corp. has detailed its 2013 results, including well IP rates.
In 2013, the Company drilled 61 wells and completed 44 wells. The 2013 drilling program increased proved reserves by an estimated 51 MMBoe in the DJ Basin and delineated 70% of the Company's 40,000 acre Northeast Wattenberg position.
The 2013 drilling program included: 44 wells in the Niobrara B Bench, 11 in the Niobrara C Bench and 6 in the Codell 51 wells located in the 40,000 acre Northeast Wattenberg area (14 of which are in the southern section) and 10 located in the core Wattenberg 32 wells to date with recorded 30-day production ratesThe wells had 24-hour peak initial production rates that averaged 776 Boe/d each and 30-day IP rates that averaged 433 Boe/d each. This includes 14 additional wells to date…
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