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Bonanza Creek's Latest Slickwater Design Pays Off; Larger Completions Planned
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Bonanza Creek has reported its 2017 results.
Well ResultsDuring the fourth quarter, the Company turned online two adjacent pads in its central legacy acreage, the J21 and T21, which now have approximately 120 days of production data.
These two pads consisted of a total of five wells, two SRL and three XRL, and tested an average of approximately 1,700 pounds of proppant per lateral foot.
T21 Pad - Slickwater Design Shows Good ResultsOne of the SRL wells on the T21 pad utilized a slick-water completion design, which increased the fluid intensity by over 100%. The slick-water SRL that was tested in the central acreage is tracking the performance of the 500 MBoe per well average of the North Platte 44-13 pad on the Company's west acreage.
The Company is very encouraged by the slick-water…
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