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Whiting's Gen4 Completions Impress in Q1; Bakken IP24 of 4,800 BOEPD
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Whiting reported its Q1 2018 results.
Highlights:- Q1 2018 Production: 127 MBOEPD (up +9% YOY and flat from Q4 2017)
Above the midpoint of guidance. The Bakken/Three Forks play in the Williston Basin averaged 103,115 BOE/d. The Redtail Niobrara/Codell play in the DJ Basin averaged 23,300 BOE/d. Successful Tests Optimized Completion in S. Hidden Bench AreaSubsequent to the quarter, the Company completed a noteworthy single-well pad in its southern Hidden Bench area of McKenzie County, North Dakota.
Mallow 34-8H targeted the Bakken formation:
Tested at a 24-hour IP rate of 4,837 BOE/d Fracture-stimulated in 40 stages 8.7 million pounds of proppantThis well significantly outperformed the test rates on an offsetting three-well pad that was completed in 2013. The offsetting…
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