Exploration & Production | Well Cost | Well Lateral Length | Top Story | IP Rates-30-Day | Initial Production Rates
Newfield Continues Delineation of SCOOP/STACK; Unveils Results
Print
|
In its latest presentation, Newfield Exploration has detailed its latest well results and completion optimization in the Midcontinent SCOOP/STACK plays.
SCOOPNewfield has outlined its latest economics of its wet gas and oil SCOOP wells.
SCOOP Wet Gas Economics: Lateral Length: 5,900' IP30: 1,535 BOE/d EUR: 2,000 MBOE Well Costs: $7.6 million SCOOP Oil Economics: Lateral Length: 8,900' IP30: 948 BOE/dEUR: 1,200 MBOE Well Costs: $8.9 million
In 2014, Newfield's SCOOP D&C cost per lateral foot came in at $1,721. For 2015, the company hopes to cut the cost down to $1,118 per lateral foot.
Enlarge Image
STACK STACK Economics: Lateral Length: >9,000' IP30: 835 BOE/d EUR: 950 MBOE Well Costs: $8.5 millionIn the STACK play, Newfield has experienced lower D&C costs per lateral foot…
Finish this article — free account or subscription
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in