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Centennial 'Proves Up' 1st Bone Spring / Avalon; Impressive Well Results
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In Lea County, the Raider Federal 301H and 101H (100% WI) were drilled with approximately 4,250 foot laterals in the First Bone Spring Sand and Avalon Shale, respectively. The initial 30-day production rate for the Raider Federal 301H was 1,729 Boe/d (84% oil), while the Raider Federal 101H reported 1,260 Boe/d (76% oil). Initial 30-day oil production rates for the wells were 337 and 228 Bbls/d per 1,000 foot of lateral, respectively.
"The Raider Federal wells, which were follow-up tests to our Pirate State discovery, successfully delineated this portion of our acreage and proved-up new zones in the First Bone Spring and Avalon," said Papa. "Having confirmed these intervals, we expect to achieve comparable…
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