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W&T Offshore IPs Midland Wolfcamp B Well; Plans Follow Up

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W&T Offshore IPs Midland Wolfcamp B Well; Plans Follow Up

W&T Offshore, Inc. has reported an update on the company's first operated Wolfcamp B well at its Yellow Rose field in the Permian Basin of West Texas. 

The Chablis 9H has reached a 24 hour peak initial production rate of 549 barrels of oil equivalent per day (Boepd).  When normalized to a 7,500 foot lateral length, this equates to a rate of 697 Boepd.  The oil cut for the Chablis 9H is approximately 73% of the production stream.

The company is currently planning to spud a second operated Wolfcamp B well in mid-March and the non-operated Wolfcamp B joint venture well which was previously announced and spud in early February continues to progress on schedule.  Given the recent successes in the nearby acreage, we expect to test additional horizontal benches this year with the Spraberry and…

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