Drilling & Completions | Drilling / Well Results | Initial Production Rates | Drilling Activity
Cequence Updates Dunvegan Drilling Ops, Latest Well Results
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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