Exploration & Production
W&T Offshore Reported First Wolfcamp Well Results
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W&T Offshore, announces financial and operational results for the second quarter of 2012. Some of the highlights include:
We completed 21 wells, all of which were successful. Two of the completed wells were in the Gulf of Mexico and 19 were in the Permian Basin of West Texas.
Our Yellow Rose prospect is in the West Texas counties of Andrews, Martin, Dawson and Gaines. During the second quarter, we completed 15 wells in our Yellow Rose Field. In June, we commenced drilling our first horizontal test well targeting the Wolfcamp trend. The well was drilled with a 5,600' lateral and we are currently conducting a 20 stage frac on this horizontal well. Current production from our Yellow Rose Field is approximately 3,200 Boe per day gross (2,465 Boe per day net) with seven wells awaiting…
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