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Cimarex Boasts 13 XRL Wolfcamp Wells; Adds Cana Wells in 3Q
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Cimarex Energy Co. reported its third quarter 2015 results.
Key Points: Year-to-date, 59 percent has been invested in the Permian Basin and 40 percent in the Mid-Continent. Activity in the Mid-Continent region was focused in the Cana area in western Oklahoma, where 52 gross (ten net) wells were completed and brought on production during the third quarter. Cimarex completed and brought on production four gross (four net) wells in the Permian region during the third quarter. On September 30, there were seven gross (five net) wells waiting on completion in the Delaware Basin. Cimarex now has 13 long-lateral Wolfcamp D wells producing in Culberson County, Texas, up two from our last report. These 10,000-foot laterals had an average 30-day initial gross peak production rate of 2,308 BOE per…- ✓ Full news archive — U.S., Canada & international coverage
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