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WPX Tightens Well Spacing in the Delaware Basin; 15 Wells Per Section
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WPX reported its Q1 2017 results and highlights from its presentation / release include:
Delaware Basin:
strong>Tighter Spacing: WPX’s CBR-22 pad successfully tested nine wells at 15 wells-per-section in the upper and lower Wolfcamp A landing zones using wine-racked spacing. This represents the industry’s most densely spaced test in the Delaware Basin to date (see slide below).
strong>Well Results:
The Mac State 20-1H well had a peak rate of 2,328 Boe/d and 30-day production averaging 2,234 Boe/d (56% oil). The Fiver State 18-1H well had a peak rate of 2,073 Boe/d and 30-day production averaging 1,914 Boe/d (55% oil). The Titan State 16-1H well had a peak rate of 2,086 Boe/d with 30-day production averaging 1,987 Boe/d (53% oil).Williston Basin:
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