Exploration & Production
WPX to Double Niobrara Delineation Drilling in 2014
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WPX Energy Inc. has detailed an update on its Niobrara and Gallup oil operations.
Niobrara ShaleWPX is working to double its Niobrara delineation drilling in 2014, with up to 10 wells expected. Combined with previous Niobrara activity, this will serve to delineate 80 percent of WPX’s Valley acreage. WPX’s 2014 Piceance plan includes approximately $75 million for Niobrara activity.
During its first year of production, WPX’s initial Niobrara Shale discovery well produced more than 2.2 billion cubic feet of natural gas. The discovery well is currently producing at a rate of 3 MMcf/d.
WPX’s second horizontal Niobrara well – completed at the end of September – produced 0.7 billion cubic feet of natural gas in its first four months and is currently producing 4.6 MMcf/d.
A third Niobrara…
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