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Energen's Lower Spraberry Tracking 1.2 MMBOE EUR Type Curve

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Energen's Lower Spraberry Tracking 1.2 MMBOE EUR Type Curve

Energen has announced second quarter 2015 results.

Highlights Record production in 2015 estimated to increase 19% from 2014, with oil estimated to be up 21% Average length of time to drill to total depth 7,500’ Wolfcamp A development wells in Glasscock Co. in 2Q15 dropped by 7 days to 14, as efficiency gains continued; the shortest drill time was 11 days from spud to TD East to west across the southern Delaware Basin, 6 new Wolfcamp appraisal wells generate encouraging results Oil production from Lower Spraberry wells in Martin, Howard, Midland counties suggests attractive return potential 2Q15 production totaled 63,800 boepd, exceeding guidance midpoint by 8% 2Q15 oil production grew 27% from same period last year 4Q15 production rate estimated to average almost 68,000 boepd Capital…
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