Exploration & Production | Drilling / Well Results
Energen Boast Best Wolfcamp Well; Increase CapEx
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Energen Corporation has tested four new Wolfcamp wells in the Permian Basin, including its first in Martin County, an “A” bench well that generated the highest IP (3-phase) known for a Wolfcamp A well in Martin County.
The last two wells in Energen’s 2013 Wolfcamp program in the southernDelaware Basin tested the “A” and “B” benches in Reeves County; they generated strong initial rates and continue to underscore the exciting Wolfcamp potential in the Texas Delaware Basin.
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On the strength of improved drilling efficiency in the Midland Basin, Energen plans to further accelerate its exploratory and development Wolfcamp/Cline programs in the Permian Basin by adding 23 gross (23 net) wells to its 2014 drilling plans. These new wells are the major drivers of approximately $250…
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