Tuesday, April 30, 2013

TMS Benchmarks

With 20 completion results in, here are some current play benchmarks:

  • Long Laterals – Encana, 8932’
  • Drilling Time – EOG: 604’/day; 16907’ in 28 days
  • EOG: DHC/CC < $11.5M
  • IP: Goodrich Crosby  1300 boepd; 15/64
  • 30 Day IP – Goodrich Crosby  1137 boepd
  • Frac stages – 30; Encana Anderson 17H
  • Frac proppant: 369,000#/stage average; up to 1,000,000# per stage
  • Encana Anderson 18H-1: 110 MBOE in 9 months
  • Goodrich Crosby 12H-1: 60 MBOE in 2 months

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