Well Lateral Length | Quarterly / Earnings Reports | First Quarter (1Q) Update | IP Rates-30-Day | IP Rates-24 Hour | Initial Production Rates | Drilling Activity
Energen Touts 'Gen3' Cline, Wolfcamp Tests in Q1; Drills Longest Laterals to Date
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Energen reported its Q1 2018 results.
Highlights:- Q1 2018 production of 92.9 MBOEPD
Oil production of 55.4 mbopd exceeds top end of 1Q18 guidance range - up 5% from midpoint- 25 gross (23 net) wells turned to production in 1Q18 as efficiencies help drive above-budget pace
8 new Gen 3 Wolfcamp wells in Delaware Basin deliver average peak 24-hour IP rates of >440 boepd/1,000' Performance of new Gen 3 Wolfcamp wells in central Midland Basin in line with type curve First Gen 3 Cline tests generate excellent results in north and central Midland Basin - Energen utilized an average of 6-7 horizontal drilling rigs and an average of 4 frac crews. Faster Drill Times / Longest Laterals:Among the operating highlights in the quarter was a 9,350' lateral Wolfcamp A in the Delaware Basin that…
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