Exploration & Production | Well Lateral Length | Proppant
Pedevco Ups Proppant Concentration at Latest Niobrara Wells
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PEDEVCO Corp., d/b/a Pacific Energy Development, has successfully completed the drilling of the Loomis 2-3H well and has spud the third well, the Loomis 2-6H.
Both wells are located on the Company's Wattenberg Asset in Colorado, and are the second and third wells of a three well-pad drilling program that began in August 2014. The drilling of the first well, the Loomis 2-1H, was completed earlier this month.
The Loomis 2-3H well reached a total measured depth of 11,345 feet, with a 6,279 foot total vertical depth and 4,227 foot completed lateral length through the Niobrara "B" Bench, with Niobrara "B" Bench chalk present across the entire well bore with a thickness of approximately 45 feet, and drill cuttings from the well bore evidencing highly prolific oil rich shale reservoir…
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