Exploration & Production | Capital Markets | Private Equity Activity
Midstates Petroleum Wilcox "B" Formation Well Producing 1190 Bo/d
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Midstates Petroleum Company announced the successful completion of the Musser-Davis 8H-1 horizontal well located in the North Cowards Gully Field in Beauregard Parish, Louisiana. The Midstates-operated horizontal well (100% working interest) was completed in the Upper Wilcox “B” formation and had an initial 14-day average gross production rate of 1,649 barrels of oil equivalent per day (Boe/d), or 1,190 barrels of oil, 197 barrels of natural gas liquids (Ngls) and 1,564 thousand cubic feet (mcf) of natural gas.
The well is currently producing approximately 1,500 Boe/d as the Company continues to optimize production from the well. The 8H-1 well was drilled to a total measured depth of 14,273 feet, including a 2,218-foot lateral, and was completed with eight stages of fracture stimulation…
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