Devon reports record rate for STACK well

26 Jul 2017   Shale Oil

Devon Energy Corp., Oklahoma City, reported a production rate of 6,000 boe/d from a well drilled in southwest Kingfisher County, Okla.  The company said it’s a record rate for initial production for a well in the STACK play (Sooner Trend, Anadarko, Canadian, Kingfisher), based on its comparison with publicly available data. The company said the rate was facility constrained.  The Privott 17-H well is expected to recover more than 2 million boe. Initial production was 50% oil.  The well was drilled with a 10,000-ft lateral and landed in the upper Meramec interval near the company’s Showboat development. Devon will spud the Showboat development in the third quarter and has plans for about 25 wells across four landing zones.  Devon said it also brought online four other high-rate Meramec wells in the over-pressured oil window during the second quarter. The company has more than 600,000 net acres by formation in the STACK play (OGJ Online, Sept. 7, 2016). “Devon will continue to test development concepts including well density, multilayer well stacking, intralayer well staggering, and further completion design improvements,” said Wade Hutchings, senior vice-president, exploration and production.

View full article at www.ogj.com

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