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SES - Magnolia’s Giddings appraisal program yields strong wells - November 21, 2019



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Magnolia Oil & Gas brought two Austin Chalk wells online at Giddings field late in Q3. During the initial 30 days, the wells, which are located 15 miles apart in Fayette County, Texas, delivered a combined 2,700 boe/d (63% oil). As of Nov. 4 the combined rate had increased to 2,900 boe/d (62% oil), or 328 boe/d per 1,000 lateral ft. As part of its ongoing appraisal program, Magnolia plans to complete three additional......
 
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