Well Lateral Length | Quarterly / Earnings Reports | First Quarter (1Q) Update | Key Wells | IP Rates-30-Day | Initial Production Rates | Drilling Activity
Centennial Touts +192% Growth in Production; IPs First Wolfcamp A Well in Lea County
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Centennial Resource Development reported its Q1 2018 results.
Highlights:- Q1 2018 production of 54 MBOEPD (up +192% YOY and up +23% from 4Q17)
Increased daily crude oil production 15% quarter-over-quarter and 201% year-over-year Drilling / Well Highlights:Juliet Federal Com 1H (85% WI) in Lea County, NM:
Wolfcamp A 4,000-foot effective lateral IP30 of 1,447 BOEPD (78% oil) Produced over 50,000 barrels of oil during its initial 60-day periodCEO Mark Papa commented: "The Juliet is Centennial's first operated well targeting the Wolfcamp A in Lea County. The initial results are very positive, and we believe this confirms the productivity of this interval on our acreage in the Northern Delaware. Since entering this part of the basin last year, essentially every well has either met or…
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