Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Exploration & Production | Quarterly / Earnings Reports

QEP Adds No HZ Haynesville Wells in Second Quarter

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Thursday,August 01,2013

QEP Resources Inc. reported that the company's Haynesville/Cotton Valley net production averaged 206 MMcfed during the second quarter 2013.

In response to low natural gas prices, QEP Energy released its last operated drilling rig in the Haynesville play in July 2012 and deferred completion of the last five wells drilled until the first quarter 2013 (average working interest 48%).

No horizontal Haynesville wells were completed in the second quarter 2013. QEP has a working interest in seven outside-operated Haynesville wells that were drilling over the end of the second quarter (average working interest 12%).