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Operator Talks 30-Day IP Rates, 2,200 BOEPD Wolfcamp Well

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Operator Talks 30-Day IP Rates, 2,200 BOEPD Wolfcamp Well

At the 2015 Barclay's CEO Energy-Power Conference, Cimarex Energy Chairman, President & CEO Thomas Jorden talked about the company's preliminary plans for 2016 and how its "game changing" drilling strategies has made the Delaware Wolfcamp the company's biggest opportunity.

Delaware Wolfcamp

The company has 235,000 net acres in the fairway, of that 100,000 net is a JDA with Chevron.  The companies are focused on Wolfcamp A, C, D.  With more than 100,000 net acres, the company can drill 10,000 ft laterals with no problems.

In the Delaware Wolfcamp, Cimarex is averaging a 30-Day peak IP of 2,255 BOE/d on Wolfcamp D wells. Jorden credits increased lateral lengths as the "game changing" key to its increased Wolfcamp well success (the company has increased lateral lengths from 5,000 feet to…

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