Penn Virginia generated strong growth during 2018, with full-year volumes increasing
110% YOY to 21,765 boe/d. The company drilled and turned to sales 53 wells and finished
the year with three DUCs. According to RRC data, 50 of the wells had reported IP24 rates
that averaged 1,333 boe/d (85% oil), or 183 boe/d per 1,000 lateral ft. Its top
performing wells were the Southern Hunter-Amber Unit 1 and 2 in Gonzales
County, averaging 2,546 boe/d (87% oil), or 312......
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