Thursday, April 30, 2009

Cimarex Energy Co. And Woodford Shale In Oklahoma

These are pretty good numbers from the Woodford Shale Gas Play in Oklahoma. The average flow rates, successful completion percentage, and number of wells drilled are all impressive.

By OGJ editors
HOUSTON, Apr. 29 -- (source)
Cimarex Energy Co., Denver, has participated in 49 wells in the Anadarko basin Woodford shale play since late 2007.

Of the 49 wells, 36 are on line and the rest are either awaiting completion or drilling. The 30-day initial average production rate, normalized for a 4,300-ft lateral, is 4.5 MMcfd.

The company's 2009 program is to drill or participate in 50 gross (23 net) wells. Cimarex holds 98,000 net acres in the play.

No comments:

Post a Comment