Well Lateral Length | Top Story | Quarterly / Earnings Reports | Production | Proppant | Third Quarter (3Q) Update | Key Wells | Initial Production Rates | Capital Markets | Private Equity Activity
Laredo's Latest Cline, Wolfcamp Wells Outperform; Fourth Rig Added
Print
|
Laredo Petroleum reported its Q3 2016 results.
Key Points: Produced a Company record 51,276 boepd Laredo entered the fourth quarter of 2016 operating three horizontal rigs and subsequently added a fourth horizontal rig that is expected to spud its first well in mid November. Completions averaging 2,400 pounds of proppant per lateral foot Drilled four wells with lateral lengths of greater than 13,000 feet.Key Well Results:
The G.Schwartz 17-8-1NC:
Drilled in the Cline shale with a completed Lateral length of approximately 9,900 feet 1,800 pounds of proppant per lateral foot Produced a 30-day peak IP rate of 1,639 BOE per day and is currently performing at 140% of the 1.0 million BOE 10,000-foot Cline type curveThe Sugg-A-208-209-1SU and Sugg-E-208-207-1NM were drilled in the…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Third Quarter (3Q) Update News
Keystone Runs Steady as Blackrod Gas Link Nears Startup
Nov. 13, 2025 South Bow’s 3Q25 update was operationally focused: the Keystone Pipeline System maintained steady utilization while the company advanced integrity work tied to the MP-171 incident,…
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
Evolution Petroleum Corporation announced fiscal third quarter 2023 results. Highlights Reported sequential growth in revenue of 9% to a record $36.9 million and in net income of 34%…
Civitas Resources Third Quarter 2022 Results
Civitas Resources, Inc. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights: Average daily sales volumes of 176.3 thousand barrels of oil equivalent per…
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted…
ConocoPhillips Third Quarter 2022 Results
ConocoPhillips reported its third quarter 2022 results. The company reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion,…
Permian News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…