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QEP Improves Bakken Results at South Antelope, Ft. Berthold
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QEP Resources Inc. has reported a second quarter 2014 update on its Williston Basin operations.
Williston Basin net production averaged approximately 35.6 Mboed (94% liquids) during the second quarter 2014, a 15% improvement over the first quarter 2014, and a 75% improvement over the second quarter 2013.
The Company completed and turned to sales 31 gross operated wells during the quarter, including 27 wells in South Antelope and 4 wells in the Fort Berthold Reservation. The Company also participated in seven gross outside-operated Bakken/Three Forks wells that were completed and turned to sales during the quarter (average working interest 4%). QEP Energy continues to reduce drill times and set a new company record in the second quarter of 14.9 days from the start of drilling to total…
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