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Bill Barrett Unveils IP Rates of First DJ Basin XRL Wells

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Bill Barrett Unveils IP Rates of First DJ Basin XRL Wells

Barrett Corporation reported well results on its first 9 extended reach lateral (XRL) wells drilled in the Northeast Wattenberg area of the Denver-Julesburg (DJ) Basin.

To date, the Company has drilled and completed 28 extended reach and mid-length lateral wells in the Northeast Wattenberg. The first 9 XRL wells to reach 30 days of sales had 30-day initial production (IP) rates that averaged approximately 617 barrels of oil equivalent per day (Boe/d)  per well, based on 3 commodity streams including oil, natural gas and natural gas liquids. Results include six wells in the northern block and three wells in the southern block, with similar rates from both areas. All of the wells in the northern section were drilled into the Niobrara B formation and the wells in the southern section…

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