Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Second Quarter (2Q) Update
PetroQuest Marks Highest Woodford Activity To-Date; Details Results
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PetroQuest Energy Inc. has reported a second quarter 2014 update on its Woodford operations.
The Company recently established production on three new wells in its West Relay field. These three wells (average NRI – 30%) achieved an average maximum 24-hour gross rate of 4,132 Mcf of gas and 626 barrels of natural gas liquids per well.
In total, the Company has now completed fourteen wells in its West Relay field which have achieved an average maximum 24-hour gross rate of 3,649 Mcf of gas and 577 barrels of natural gas liquids per well.
The Company has two rigs running in the West Relay field and is currently completing a three well pad. In addition, the Company is currently planning for potential activity in its Hoss field in the fourth quarter relative to its dry gas joint venture…
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