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Delphi Touts 29% Production Boost YOY; 9,200 BOEPD
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Delphi Energy has reported an operational update.
Highlights: Q4 2017 production of 9,200 BOEPD (up 29% from a year earlier) Q4 2017 condensate production up 67% from a year earlier 2017 capital program executed within budget Q4 realized natural gas price estimated to be Cdn$3.53 per mcf compared to AECO pricing of Cdn$1.69 per mcf Positive recent well results on frac innovations First West Bigstone well in six years now drilled Fifth Gen Frac DesignThe first well completed with the Company’s Fifth Generation frac design was an infill well at 14-15-60-23W5 (“14-15”) drilled between existing producers to evaluate the effectiveness of frac design changes.
It was drilled, completed (with a 50-stage liner and sand concentration of approximately 1,100 pounds per horizontal foot) and after…
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