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Continental Enhances SCOOP/STACK Well Results; Bakken DUCs Jump
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Continental Resources, Inc. announced fourth quarter and full-year 2015 operating and financial results.
Impressive New STACK Results Include 16-Mile Step-Out WellThe Company's new STACK completions were the Boden 1-15-10XH, the Compton 1-2-35XH and the Blurton 1-7-6XH, all extended lateral tests targeting the over-pressured Meramec formation in Blaine County.
The Boden is a significant step-out test located 16 miles southwest of Continental's first STACK well, the Ludwig 1-22-15XH. The Boden flowed at an impressive 24-hour initial production rate of 1,000 Bo and 15 MMcf of natural gas (3,508 Boe) from a 9,800-foot lateral. It is the Company's deepest test of the Meramec reservoir to date, with the lateral section of the well positioned at an average vertical depth of 12,550 feet…
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