Well Lateral Length | Drilling / Well Results | Key Wells | Initial Production Rates | Drilling Activity
Ultra Petroleum Touts Success in the Pinedale; Adds Rig
Print
|
Ultra Petroleum reported results from its Pinedale HZ program.
Warbonnet (WB) 9-23 M-1H Well Ultra's first horizontal well to target the Mesaverde formation Produced at 17 MMcfed (10% condensate) One-mile lateral was drilled to a TMD of 19,115 feet Average true vertical depth of 13,566 feet and estimated bottom-hole pressures of 11,400 psi, the resulting pressure gradient of 0.84 psi/ft is the highest among producing intervals in Pinedale Drilled and cased the WB 9-23 A-2H Well 11,000' lateral in the Lower Lance A interval Encountered significant gas shows and a net-to-gross sand percentage of 78% Posted an initial production rate of 51 MMcfed last quarter and recently produced a cumulative volume in excess of 3 Bcfe in its first 90 days of production Drilled to a total…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Well Results - Positive News
Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading…
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are…
APA Corp. Hits Pay at Krabdagu Exploration Well Offshore Suriname
APA Corp. announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with…
Petrobras Makes Oily Discovery at Campos Basin Wildcat Well
Petrobras reported that it has discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin in a wildcat well in the Alto…
Rockies News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…