Well Lateral Length | Quarterly / Earnings Reports | Production | First Quarter (1Q) Update
Rex Focuses on Pad Drilling in Q1; Avg, Lateral of 8,500 Feet
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Rex has reported its Q1 2017 operational results.
Q1 ProductionRex Energy's first quarter 2017 production was 173.4 MMcfe/d, consisting of 110.1 MMcf/d of natural gas, 9.7 Mboe/d of NGLs (including 5.0 Mboe/d of ethane) and 0.8 Mboe/d of condensate. Condensate and NGLs (including ethane) accounted for 36% of production during the quarter.
Legacy Butler Operated AreaThe company has completed the drilling of the first of four wells on the Wilson pad. The four wells on the pad are expected to have an average lateral length of approximately 9,300 feet. The four wells on the Wilson pad are expected to be placed into sales in the third quarter of 2017.
Moraine East AreaIn the Moraine East Area, the company recently finished drilling the four-well Mackrell pad with an average lateral length…
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