Exploration & Production | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
QEP's Pinedale, Cana-Woodford Ops Hampered by Weather
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QEP Resources Inc. has reported its fourth quarter and year-end 2013 update on its Pinedale Anticline and Cana-Woodford operations.
During the fourth quarter 2013, QEP Energy's Pinedale net production averaged 268 MMcfed (23% liquids). The Pinedale area experienced weather and operational production downtime during the month of December. QEP Energy began recovering ethane from Pinedale production on October 1, 2013 and ethane recovery has continued into the first quarter 2014.
QEP Energy completed and turned to sales 111 new Pinedale wells during 2013, including 29 wells for which QEP was operator but only owns a small overriding royalty interest. In 2014, Pinedale completions will return to those areas of the field where QEP has a majority working interest. QEP Energy…
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