Well Lateral Length | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Drilling Activity
Lilis Amps Up Delaware Basin Acreage Over 50% in Q3; On Hunt for More
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Lilis Energy reported its Q3 2017 results. Highlights from its release / call include:
Struck acquisitions totaling ~4,100 net acres, bringing total net acreage to ~15,400, an increase of over 50% from Q2 2017. Management expect to add an additional 1,000 - 1,500 net acres in the near future. Well IP: Wildhog BWX State Com #1H was turned to sales on August 18, 2017 and had a IP24 997 BOE/D (86% liquids) or 219 BOE/D per 1,000 lateral ft. Completing New Wells:Completion Operations:
The Prizehog BWZ State Com #1H – Currently on well test producing hydrocarbons Expect to reach a 24-hour IP in the next 30 days Drilled to a total measured depth of 17,421 ft. Production casing has been run and cemented 23 Stages, 200 ft plug-to-plug spacing, 2103 lbs/ft sand, 4,580 ft treated lateral- ✓ Full news archive — U.S., Canada & international coverage
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