Exploration & Production | Drilling / Well Results | Top Story
Synergy Tightens Well Spacing in Wattenberg Field; Talks Results
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Synergy Resources Corporation has reported an update of its production and operations in the Wattenberg Field.
Production rates for Synergy's recent horizontal wells follow:
Also, the five wells on the Renfroe pad have paid back approximately 90% of all costs during the first eleven months of production.
Beginning with the Union pad, Synergy began drilling well bores 220 feet apart which is a more densely spaced drilling pattern and allows for up to 24 wells per 640 acres. This tighter spacing provides Synergy with a potential inventory of over 1,000 wells on its 27,386 net acres in the Wattenberg.
Horizontal drilling operations and completions are progressing according to plan. The four Kelly Farms wells are now in early production. The six Eberle wells, which include two mid reach…
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