Well Lateral Length | Top Story | Capital Markets | Capital Expenditure | Drilling Program - Wells | Drilling Activity | Capital Expenditure - 2017 | Drilling Program
Synergy Resources To Double 2017 DJ Basin Spending
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Synergy Resources Corporation has detailed its preliminary 2017 fiscal year production and capex guidance and provided an operations update.
Drilling Program Rigs Plan To Operate : 2 Wells Plan to Drill : 68 (Gross) Mid-Lateral Wells Plan to Drill : 34 (Gross) Long-Lateral Completion Plans Wells Plan To Complete : 52 (gross) Mid-Lateral Wells Plan To Complete : 43 (gross) Long-LateralThe Company has identified over 1,000 gross drilling locations with mid to long laterals (~7,500' to ~9,500') across its consolidated Greeley Crescent acreage position. Based on current analysis, 20-24 wells per drilling spacing unit has been determined to be optimal well spacing design. This evaluation is ongoing and as a result of further analysis, acreage trades and potential acquisitions, the…
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