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.
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