Exploration & Production | Drilling / Well Results | Top Story | Initial Production Rates
Lilis Progressing at Wattenberg Asset; Talks Latest Wells
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Lilis Energy, Inc. has reported its production update on the Company's first Greater Wattenberg Field horizontal well, which has been drilled and completed by the operator, PDC Energy, and provided an update on its planned 20+ horizontal well development drilling program for 2014-15.
Highlights: The drilled and completed PDC-operated well averages more than 300 boepd (77% oil) since commencing production in April, 2014. Lilis owns a 25% working interest (WI) in the well, which was drilled in the Niobrara B bench, located in the North Wattenberg area. Three westerly offset horizontal wells (two Niobrara B and one Codell) drilled by another operator were completed in June, 2014. Post-fracture stimulation production results are pending. Lilis holds a 33.45% WI in one well and a 50.05% WI in…- ✓ Full news archive — U.S., Canada & international coverage
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