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PS - Callon sees cost savings from simultaneous operations - September 4,2019



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During Q2, Callon Petroleum brought online the first multi-zone mega-pad utilizing simultaneous operations in the Delaware basin. The Wolfcamp A and B co-development saw significant improvements in D&C costs, with total well costs of less than $1,100 per lateral ft. The operation used 1.6 MMbbl of recycled water, which provided significant savings in addition to the reductions achieved through the simultaneous D&C method. This technique will be the cornerstone of 2020 development. The co-development......
 
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