Clayton Williams Energy, Inc. provided an update on its Delaware Basin Wolfcamp operations.
The Company reported that the peak 30-day production rate from its first Wolfcamp C horizontal well in Reeves County, Texas averaged 776 BOE per day (82% oil; 8% NGL). The Company is currently drilling two Wolfcamp C wells and plans to drill additional wells during the remainder of 2014 to delineate the extent of the Wolfcamp C target over its acreage block.
As previously reported, the Company presently has 14 Wolfcamp A horizontal wells in Reeves County that have been on production for 30 or more days. The peak 30-day production for all 14 of these wells has averaged 756 BOE per day with the last 10 wells averaging 889 BOE per day. Three additional Wolfcamp A wells in Reeves County and one in Ward County are waiting on completion or have been on production for less than 30 days.