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EP Energy Edits Wolfcamp Completion Designs
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EP Energy Corporation has reported an update on its growing oil programs.
Key highlights include: Increased Wolfcamp Type Well EUR to 450 MBOE, with significant improvement to well economics Ongoing enhancements to completion designs in all three of its oil programs contributed to stronger than expected production growth in 2Q 2014 Record oil production of 53.3 thousand barrels per day (MBbls/d) in 2Q 2014 - A 60 percent increase in oil production from 2Q'13 and a 10 percent increase from the first quarter of 2014Brent Smolik, chairman, president, and chief executive officer of EP Energy Corporation, commented: "I'm excited to announce we are seeing tangible improvements across all our capital programs. We've updated our Wolfcamp type well economics as a result of continued improvement…
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