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Jericho Touts Latest STACK Well; Continues to Grow Acreage Position
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Jericho Oil has reported an update on its STACK ops and acreage.
Well Participation
Jericho, through participation in the STACK JV, strategically participated in the drilling & completion of the two primary stacked formations present in the Anadarko STACK Play: the Meramec Shale and Lower Osage.
- The Wardroom Well (Meramec), on the STACK JV’s western flank, has had positive results and continues to perform in line with its proposed type curve, with the most recent 60-day average production at 405 BOEPD.
- The Swordspear Well (Lower Osage), on the STACK JV’s northeastern flank, was drilled to 12,528 total measured depth and was successfully fracture stimulated. The well is currently in flow-back with less than 10% of the fluids re-captured.
Alta Mesa serves as Jericho's partner in the project.
Adding Acreage
With the success, so far, of its initial two well STACK program, the STACK JV has continued to aggressively acquire acreage in the Northern STACK contiguous to its core positions.
Thus far, in 2018, the STACK JV has acquired 7,366 additional net acres bringing Jericho’s total STACK JV position to ~16,000 net acres.
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