12,600 foot lateral, 2,815 BOEPD
While oil prices have risen somewhat since the lows seen in 2016, oil and gas companies have not stopped innovating. The most commonly discussed innovation has certainly been the improvement of fracturing techniques, improved drilling methods have also been important.
Lateral wells continue to increase in length, as evidenced by a recent press release from the Anadarko Basin. Tecolote Energy, a Tulsa-based private E&P company, announced the completion of the longest horizontal well in the basin.
Tecolote has drilled the Mathers State 172-156 well in Hemphill County, Texas, located in the panhandle of Texas. The well was drilled to a total depth of 21,529 feet, with a lateral length of 12,592 feet. The well targets the Cleveland formation, a tight sand above the Granite Wash formation. Tecolote reports that the Mathers well had a 24-hour IP rate of 2,815 BOEPD, 1,332 barrels of which were oil. The well has a 30-day IP rate of 2,439 BOEPD, 84% of which is composed of liquids.
Tecolote reports that this is both the longest horizontal lateral in the Western Anadarko Basin, and the highest oil production rate from a well in Hemphill County.
Tecolote also announced the results of the Mathers 1518-165 well, which targets the Granite Wash Marmaton D formation. This well had a 7,257-foot lateral, and achieved a 30-day IP rate of 1,934 BOEPD.
Hemphill County
“We are extremely pleased with the outstanding results of our first two extended laterals on our Texas Panhandle acreage position,” said Maurice Storm, Tecolote Energy President and CEO.
The company has plans to complete four more extended laterals, two in the 10,000-foot range.
