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PS - EOG Wolfcamp IPs exceeding forecasts, exceed 2018 wells - August 07, 2019

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EOG Resources’ Delaware Basin activity in Q2 focused on the Wolfcamp. The company placed online 63 horizontal wells averaging 6,500-ft laterals in the formation, with initial 30-day rates averaging 2,900 boe/d (67% oil). Wolfcamp IP30s, IP60s and IP90s have improved 12% in H1 compared to 2018 and are exceeding forecasts. The company’s top-performing Q2 well by initial 24-hour rate was the Antietam 9 Federal Com #715H in Lea County, New Mexico. The well was completed with a 7,329-ft effective lateral fracked with......
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