Drilling & Completions | Drilling / Well Results | Initial Production Rates | Drilling Activity
Cequence Updates Dunvegan Drilling Ops, Latest Well Results
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Cequence Energy reported an update on its Dunvegan drilling activity.
Cequence continues to see strong production from its Dunvegan oil play including the 3 gross (2 net) wells that came on production in April. For the month of May, the 3 gross wells averaged a combined 601 bbl per operating day per well with all three wells above the Company’s internal model of 300 bbls oil per day per well.
The Company’s 100% well located at 15-4 has produced approximately 46,000 bbls of oil in 57 operating days and is currently flowing at approximately 1,200 bbl/d and 2 mmcf/d of natural gas.
The Company has identified an additional 26.5 net Dunvegan drilling locations on its land.
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