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Matador Touts 24-Hour IP Rates at Wolfcamp B, X Wells
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Matador Resources Co. has reported an update on its Permian Rustler Breaks Prospect Area.
Matador is pleased to announce the 24-hour initial potential test results from its two most recent completions in the Rustler Breaks prospect area in Eddy County, New Mexico – the Guitar 10-24S-28E RB #202H and the Tiger 14-24S-28E RB #224H wells – which tested two new horizons within the Wolfcamp formation. Based on the encouraging test results reported below, Matador believes it has established commercial production in three Wolfcamp horizons for future development in its Rustler Breaks prospect area and further anticipates that it may soon identify a fourth commercial horizon in this prospect area, the Second Bone Spring, based on both an upcoming Matador test of this formation as well as the…
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