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Permian E&P Touts Best Permian Well 30-Day Rate; 6,300 BOPD
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EOG Resources did not disappoint during its 3rd quarter report - the company talked about a new horizon it found on its massive acreage.
But what was more impressive is the result EOG saw when it flowed the the McGregor D unit number 5H well. The well flowed 11,500 barrels of oil per day during the initial 24-hour test and 20 MMcf/d oif rich natural gas. The company said for the first 30 days, the well averaged 6,400 barrels of oil per day (bopd).
The company also said, the McGregor was drilled as part of a three-well package on 700-foot spacing in the Wolfcamp upper target. The entire package produced a staggering 445,000 barrels of oil and 1.2 Bcf of natural gas in the first 30 days of production.
We decided to take a look at the wells.
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