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Unit Talks Latest STACK, Granite Wash IPs; Rig Count Up +12% YOY

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Unit Talks Latest STACK, Granite Wash IPs; Rig Count Up +12% YOY

Unit Corp. reported its Q2 2018 results.

STACK Well Results

The company is averaging 10,000' laterals in the STACK core and a well cost of $10.8 million.

IP30 averages are as follows:

1,693 BOEPD (Oil window) 1,756 BOEPD (Condensate window) 14,023 Mcfe/d (Gas window)

The company is averaging 5,000' laterals in the STACK West and a well cost of $6.75 million.

IP30 averages are as follows:

1,199 BOEPD (STACK Meramec) 1,160 BOEPD (STACK Osage) Granite Wash Well Results

The company is averaging 7,500' laterals in the STACK West and a well cost of $6.2 million.

IP30 averages are as follows:

9,960 Mcfe/d (Granite Wash C1) 9,000 Mcfe/d (Granite Wash G) 7,900 Mcfe/d (Granite Wash B)   Ops - Rig Count Up +12% YOY - Unit noted that in Q2, 35 rigs were actively operating (this…
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