Early production data from these initial Wolfcamp D interval wells suggests that EURs for these wells will equal or exceed average industry Wolfcamp D interval results to date. These successful wells, which are spread out over a significant portion of Pioneer’s northern acreage, also extend the play 50 miles west of recent industry Wolfcamp D drilling activity.In the third quarter, Pioneer placed on production the Company’s third Wolfcamp B interval well in Midland County, Texas. The DL Hutt C #3H had the highest 24-hour peak initial production rate of 2,227 BOEPD to date in the Midland Basin for Wolfcamp B interval wells. The well had a 30-day peak average production rate of 1,087 BOEPD and an oil content of 75%. The well was completed utilizing a 30-stage hybrid fracture stimulation over the well’s perforated lateral length of 7,142 feet.
Pioneer Natural Resources Reports Third Quarter 2013 Financial And Operating Results
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