Exploration & Production | Rig Count | Quarterly / Earnings Reports | Drilling Contractor
Unit to Add Rig in the Mississippian, Sustain Wilcox Momentum
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Unit Corp. has reported a third quarter 2013 update to its Wilcox and Mississippian operations.
WilcoxThe Wilcox play in southeast Texas continues to produce strong results with average daily production for the quarter increasing approximately 5% and 25% compared to the second quarter 2013 and the third quarter 2012, respectively.
During the first three quarters of 2013, Unit achieved a 100% success rate by completing six vertical liquids rich Wilcox gas wells with three of the six wells located in the Gilly Field. Unit owns 100% working interest in all six wells. Unit's first horizontal Wilcox well in the Gilly Field has been drilled and is scheduled to be fracture stimulated in late November 2013. The well will be completed from approximately 1,500 feet of Lower Wilcox lateral. There…
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