Pioneer also announced that it placed on production the Company’s first three horizontal Wolfcamp B interval wells on University Lands Block 2 in Reagan County in the southern Wolfcamp joint venture area of the Midland Basin.The University 2-20 #12, which was drilled in the Upper Wolfcamp B interval, had a 24-hour peak initial production rate of 3,176 BOEPD, with an oil content of 83%. The well, which was completed utilizing a 32-stage hybrid fracture stimulation over the well’s perforated lateral length of 9,542 feet, represents the highest 24-hour peak initial production rate for a Wolfcamp B interval well in the Midland Basin to date.
Pioneer Natural Resources Continues To Deliver Record Horizontal Spraberry/Wolfcamp Drilling Results In The Midland Basin
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