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Memorial Resource Development IPs Wells at LA Terryville Project
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Memorial Resource Development Corp. has turned eight new pads to sales during the third quarter 2015 to-date.
These pads included a total of 22 gross wells consisting of 17 Upper Red, 4 Lower Red and 1 Upper Deep Pink wells, which is in line with MRD's previously announced guidance for completions during this time. In total, MRD expects to bring on line approximately 40 to 45 gross wells during 2015. As of September 15, 2015, MRD had a total of 79 horizontal wells producing from its four primary zones in the Terryville Field.
The following table provides additional detail related to MRD's 19 gross horizontal wells added in the Terryville Field during July and August 2015(1):
On September 10, 2015, MRD completed the one-well Dowling (27-34-HC-1) pad targeting the Upper Red zone that is…
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