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Whiting Grows Redtail/ Niobrara Production Q1
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Denver Basin: We hold a total of 174,892 gross (122,656 net) acres in our Redtail prospect, located in the Denver Julesberg Basin in Weld County, Colorado. Our Redtail acreage currently produces from both the Niobrara “B” and “A” zones and is also prospective in the Niobrara “C” zone as well as the Codell formation. We estimate that we have more than 3,300 gross locations to drill at Redtail based on a 16-well per DSU pattern in the “B” and “A” zones alone.
Production from our Redtail field averaged 4,550 BOE/d in the first quarter of 2014, representing a sequential increase of 41% over the fourth quarter of 2013.
Highlighting recent activity at our Redtail field was the initiation of gas sales from our Redtail gas plant. The plant has initial inlet capacity of 20 MMcf/d, which will be…
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