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Continental's Latest Wells Outperforming in the Bakken, STACK, SCOOP
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Continental reported its Q3 2017 results. Highlights from its release / call include:
Q3 2017 net production totaled 22.3 MMBOE (+7% over Q2 2017) Wells across Continental's project areas are outperforming type curves: STACK - 10-Well Density Test SuccessThe company reported successful 10-well density test results from its Compton unit in the over-pressured oil window:
Other STACK well results: SCOOP - Activity Increase Planned for 2018Continental's latest wells at its Springer SCOOP prospect are outperforming the previous type curve by 70%. Increased activity is planned going into 2018.
Bakken - Optimized Completions Outperform Type CurveThrough third quarter 2017, the Company has brought on over 100 Bakken optimized wells, and their average production is in line with and…
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