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QEP Maintains Eight Bakken Drill Pads in Q3; Talks IP Averages
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QEP Resources Inc. has reported continued growth in crude oil production on 116,000 net acre Bakken/Three Forks leasehold for the third quarter of 2013.
QEP Energy's Bakken/Three Forks net production averaged 21,300 Boepd during the third quarter 2013. The Company completed and turned to sales 21 operated wells during the third quarter, including ten wells at South Antelope with an average 24-hour IP of 3,412 Boepd and eleven wells within the Fort Berthold Reservation with an average 24-hour IP of 2,588 Boepd. The Fort Berthold Reservation completions included the Buffalo Pad (one Three Forks and four Bakken, average working interest 88%) and two additional pads (three Three Forks and three Bakken, average working interest 93%). The South Antelope completions included two four-well pads…
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