Scandoil  

Pacific Energy commences drilling of next 3 wells on its Wattenberg Asset


Published Aug 20, 2014
Pacific Energy Development-2

Pacific Energy Development has spudded the first of three back-to-back wells on its Wattenberg Asset that will be operated by the Company.

The drilling and completion schedule for these initial three wells is on target, with the spudding of the second and third wells planned to follow in immediate succession. The Company plans to drill these wells from a single pad at an estimated gross cost of approximately $4.2 million per well.

Each well is planned to receive an 18 stage enhanced frac treatment with lateral lengths between 4,000 and 4,500 feet. The Company expects completion and initial results to be available in late-October 2014. PEDEVCO has an approximately 49.7% net working interest in each well.

Tags: Pacific Energy Development




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml