Exploration & Production | Top Story | Quarterly / Earnings Reports
Unit Ramps Up Granite Wash, Marmaton Production; Talks Rigs
Print
|
Unit Corp. has reported a third quarter 2013 update on its Granite Wash and Marmaton operations.
Granite WashIn its Granite Wash (GW) play in the Texas Panhandle, average daily production for the quarter increased approximately 6% and 46% compared to the second quarter 2013 and the third quarter 2012, respectively.
For the first three quarters of 2013, Unit had first sales on fourteen horizontal wells, having an average peak 30 day IP rate of 5.0 MMcfe per day and an average working interest of 86%. Unit has completed drilling operations on three wells located on its first pad site in the Buffalo Wallow field targeting three different GW sands. One of the three wells was recently fracture stimulated and in the early stages of flowing back while the other two wells are scheduled to be…
- ✓ 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