Drilling / Well Results | Key Wells | IP Rates-24 Hour | Initial Production Rates
Newfield Touts Latest STACK Completion; 2,931 BOEPD
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Newfield updated its enhanced completions in the Anadarko Basin's STACK play and raised expectations for its first quarter 2017 domestic production.
The Burgess well (4,859' lateral length), located in Kingfisher County, Oklahoma and the heart of the Company's more than 300,000 net STACK acres, achieved a 24-hour flow rate of 2,931 BOEPD (69% oil) and a 20-day average rate of 2,492 BOEPD (70% oil). When compared against publicly available industry data, the Burgess achieved record 24-hour oil production per 1,000' of gross perforated interval (1,000' GPI) --- or 417 barrels of oil per 1,000' GPI. The well also had a record 20-day average oil production rate of 361 barrels per 1,000' GPI. These rates are the highest oil production rates per 1,000' GPI publicly reported to date in SCOOP and…
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