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Bill Barrett Focusing on XRL Niobrara Wells; Details Completion Design
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Bill Barrett Corp. has reported a third quarter 2014 update on its Northeast Wattenberg/DJ Basin, Colorado and Wyoming operations.
Highlights: Increased Northeast Wattenberg acreage position by approximately 20% through an acreage exchange transaction Drilled four mid-length lateral wells and 23 XRL wells with 23 mid-length and XRL wells completed to-date Initial production rates from the first four mid-length lateral wells averaged 770 Boe/d per well over a 24-hour peak production period, 548 Boe/d per well over 30 days of production, and 447 Boe/d per well over 60 days of production, consistent with type curve expectations Net production averaged 8,268 Boe/d, a 150% increase from the third quarter of 2013 and up 17% sequentially Production was 58% oil, 27% natural gas and 15% NGLs in…- ✓ Full news archive — U.S., Canada & international coverage
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