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Bonanza Creek Touts DJ Basin Efficiencies; Spuds 19 Wells in 2Q
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Bonanza Creek Energy, Inc. reported its second quarter 2015 production and operating results.
Highlights: Sales volumes grew to 28.0 Mboe/d representing a 14% increase compared to estimated 3-stream sales volumes in the second quarter of 2014 and 2% compared to first quarter 2015 Increased Rocky Mountain region sales volumes by 21% compared to second quarter 2014, to 22.7 Mboe/d and 4% compared to first quarter 2015 Estimated sales volumes for the first 20 days in July were 29.4 Mboe/d, an all-time record for the Company Current Wattenberg Field standard 4,000 foot lateral (SRL) well costs are $3.4-3.5 million vs. $3.6 million during the second quarter First BCEI operated long reach lateral on northern acreage in the Wattenberg Field tracking to a 9,000 foot lateral (XRL)…- ✓ Full news archive — U.S., Canada & international coverage
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