Exploration & Production | Drilling / Well Results | Top Story | Production | Key Wells
Powder River Basin Well Hits 100,000 BOE in 4 Months
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Resolute Energy Corporation today reported financial and operating results for the quarter ended March 31, 2014.
"Operationally, in the Powder River Basin our first horizontal well, the Castle 3-21TH, produced approximately 95,000 Boe in its first 160 days of production. We have secured drilling permits and a walking rig to drill two delineation wells, back to back from a common location. We spud our second Turner well on April 29 and we have an additional ten permits in various stages of processing. These could provide a full year of drilling starting as early as autumn 2014.
"Perhaps more important than any single quarter's results, Resolute has captured an extensive inventory of horizontal drilling opportunities in the Permian and Powder Riverbasins. We have approximately 250 potential…
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