Exploration & Production | Top Story | Quarterly / Earnings Reports
Bill Barrett Delineates Niobrara Acreage, Grows Powder River Position
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Bill Barrett Corp. has reported a third quarter update on its Niobrara and Powder River Basin operations.
Denver-Julesburg Basin, Colorado and WyomingNortheast Wattenberg/DJ Basin - Third quarter net production averaged 3,300 Boe/d, a 111% increase from the third quarter of 2012 and up 12% sequentially. Today, the Company is providing results on two new delineation wells in the southern portion of the Northeast Wattenberg. One of these wells had a 24-hour peak IP rate of 1,270 Boe/d and a 30-day rate of 560 Boe/d, and the second a 24-hour peak IP rate of 850 Boe/d and a 30-day rate of 430 Boe/d. The Company is also providing results on six wells drilled on a pad on the western portion of the Northeast Wattenberg position where 24-hour peak IP rates averaged more than 1,000 Boe/d per…
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