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Continental Touts Strong Meramec IPs in Q4; Up to 2,463 BOEPD

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Continental Touts Strong Meramec IPs in Q4; Up to 2,463 BOEPD

Continental Resources announced its Q4 and full year 2016 results.

Key Achievements: Seven STACK Meramec completions in the over-pressured oil window with initial production of 1,604 to 2,463 barrels of oil equivalent (Boe) per day with 55% to 73% crude oil.

Initial 24-hour production test rates for these wells were as follows:

2,463 Boe per day (73% oil) from a 9,800-foot lateral (Roth 1-26-35XH); 2,263 Boe per day (68% oil) from a 4,760-foot lateral (Glenwood Pearl 1-19H); 2,239 Boe per day (71% oil) from a 9,365-foot lateral (Zella 1-4-9XH); 2,152 Boe per day (62% oil) from a 4,700-foot lateral (Homsey 1-22H); 1,929 Boe per day (72% oil) from a 4,575-foot lateral (Laura FIU 1-4H); 1,822 Boe per day (55% oil) from a 9,700-foot lateral (Sherry Lanelle Federal 1-31-30XH); 1,604 Boe per…
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