Well Cost | Well Lateral Length | Quarterly / Earnings Reports | Third Quarter (3Q) Update
Halcon Resources East Texas Eagle Ford Well Cost $6.8 Million
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Halcón operated one rig in El Halcón during the third quarter. The Company spudded four wells and put three wells online during the period. On average, wells put online year-to-date are outperforming Halcón’s 452 MBoe type curve for the area on a per lateral foot basis.
The Company’s operational performance continues to improve in El Halcón. Drilling days (spud to total depth) averaged 11.41 days per 3-string well during the third quarter of 2015, or 1,439 feet per day, representing an improvement of 32% compared to the third quarter of 2014. Halcón set a new drilling record during the period by drilling a 3-string well in 9.70 days (spud to total depth), or 1,562 feet per day.
The Company completed an average of four stages per day on wells…
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