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PS - Magnolia scores its best Karnes County rate in Austin Chalk - August 2019

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Magnolia Oil & Gas completed 16 wells on the Yanta Etal Unit in Karnes County, Texas, during Q2. Six Austin Chalk wells averaged 4,915-ft effective laterals and initial 24-hour IPs of 1,439 boe/d (86% oil), or 293 boe/d per 1,000 lateral ft, while the 10 Eagle Ford producers sporting effective laterals averaging 5,163 ft flowed IP24s of 1,763 boe/d (88% oil), or 341 boe/d per 1,000 ft. These wells were on par with the......
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