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E&P's Niobrara Wells Outperform with Upsized Fracs, Mono-Bore Design

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E&P's Niobrara Wells Outperform with Upsized Fracs, Mono-Bore Design

In its latest investor presentation, Bonanza Creek Energy outlined its new completion strategy in the Niobrara and how it is boosting the company's well results by ~25% and cutting down on drill times.

To date, the Company has executed seven successful mono-bore wells and plans to utilize this well design for the remainder of its program in 2016.

Recent changes to completion design: More sand - increased sand loading to 1,500 lbs. per lateral foot (originally used 1,000 lbs. per lateral foot) Mono-bore completions - This design removes the cost of the intermediate string of casing and decreases drilling time by approximately one day. It also reduces the completed well cost of an SRL by approximately $100,000 Plug-N-Perf completions to complement mono-bore design Type Curve with New…
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