Drilling & Completions | Rig Count | Top Story
Permian/Eagle Ford Operator Adding 3 Rigs, 2 Completion Crews in August 2020
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In its Q2 report, Callon Petroleum provided a look into what to expect from the company in the the second half of the year.
During the quarter, the company monitized $84.2 million from its hedge book.
Quick Read plan to bring back 1 frac crew to complete wells from the multi-basin 70 DUC inventory plan to bring back 2-3 rigs later in the quarter."Near-term operational activity will be focused on completing a drilled, uncompleted inventory of approximately 70 wells in both the Permian Basin and Eagle Ford Shale with one dedicated completion crew. The Company also intends to return two to three drilling rigs to service later in the third quarter for the balance of the year."
At June 30, 2020, Callon had 1,471 gross (1,298.0 net) horizontal wells producing from in Permian Basin and Ea…
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