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Gulfport Cuts SCOOP Drill Times 13% from 1Q18; Talks Latest Well IPs
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Gulfport Energy reported its Q2 2018 results.
Latest SCOOP Woodford Results; Cuts Down Drill Times by 13%Decreased Drill Times - Down -13% from 1Q18
Normalizing to a 7,500 foot lateral length, Gulfport's average drilling days during the second quarter of 2018 from spud to rig release totaled approximately 60.9 days, a decrease of 13% from the first quarter of 2018 and a decrease of 16% over full year 2017.
Well Results:
Cleburne 7R-12X13H
Lateral length of 9,386 feet Peak IP24 of 14.5 MMcf per day, or 1,545 Mcfe per 1,000 foot of lateral, comprised of approximately 100% natural gas IP30 of 392.8 MMcf of natural gas or 13.1 MMcf per day, comprised of approximately 100% natural gasEJ Craddock 1R-28X21H
Lateral length of 9,008 feet Peak IP24 of 16.6 MMcf per day and 437 barrels…- ✓ Full news archive — U.S., Canada & international coverage
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