Exploration & Production
Cabot Reports First Well Results From Smackover Brown Dense Driling Program
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During the Q1 2012 Earnings Call, Dan Dinges reported that as far as our drilling activity, they completed the first well. The initial well in the area. It's certainly not many data points to go by and our initial well design as we go into each area without a lot of data. We purposely try to manage our exploratory dollars, and we did that in this particular well where we only drilled down about a 3,000-foot lateral.
"We anticipated only about 10 stages, which we -- that's what we completed at over a couple of hundred barrels per day completion on the very first test. That's not too bad, particularly if you extrapolate out with the added efficiencies in the future and more frac stages. We landed our well kind of in the middle of this section of the Brown Dense, and we didn't have any…
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