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Earthstone improves D&C efficiency in the Midland Basin

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Earthstone Energy made operational strides in its Midland Basin operations during 2018. A total of 16 wells were drilled and 19 completed across Midland, Reagan and Upton counties, Texas, with targets in the Lower Spraberry as well as the Wolfcamp A, B and C. The last eight wells went from spud to rig release in an average 15.3 days, with laterals averaging 8,632 ft. This is a reduction of 30% compared to 2H17 despite 11% longer laterals. By YE18,......
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