SilverBow Resources Inc. (NYSE: SBOW) said on Oct. 17 its Oro Grande NMC 1-H well had cumulative production over 940 million cubic feet (MMcf) of natural gas equivalent after 90 producing days.
The well is currently producing about 11 MMcf of natural gas equivalent per day with nearly 6,000 pounds per square inch of flowing tubing pressure under the company’s detailed pressure management program.
The well had a lateral length of 7,500 ft and utilized the company’s largest completion design of roughly 3,400 pounds of proppant per lateral foot.
“Our use of modern seismic, geo-steering, and completion design are yielding a marked increase in our well performance as compared to the historical development in this area,” Sean Woolverton, CEO of SilverBow Resources, said.
“The NMC 1-H is an important milestone and proof-of-concept well for the company as we transfer our learnings from Fasken to other areas of the gas and condensate windows of the Eagle Ford. Furthermore, our strong results from Oro Grande have prompted us to move the rig back to the area to drill our second well sooner than what was originally scheduled. We are currently completing the NMC 2-H with plans to drill a third well in the area in early 2018,” he added.
Recommended Reading
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
2024-02-09 - Despite this week's rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year.
NAPE: Turning Orphan Wells From a Hot Mess Into a Hot Opportunity
2024-02-09 - Certain orphaned wells across the U.S. could be plugged to earn carbon credits.
Sangomar FPSO Arrives Offshore Senegal
2024-02-13 - Woodside’s Sangomar Field on track to start production in mid-2024.
NAPE: Chevron’s Chris Powers Talks Traditional Oil, Gas Role in CCUS
2024-02-12 - Policy, innovation and partnership are among the areas needed to help grow the emerging CCUS sector, a Chevron executive said.
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
2024-03-18 - CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.