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WS - Bonanza Creek Highlights - January 29, 2019
In its Legacy West area in Weld County, Colorado, Bonanza Creek’s five-well K-22 pad that targets the Niobrara B and C as well as the Codell is tracking above the company’s type curve for the area, with an average cumulative production per well of 13,100 boe per 1,000 lateral ft after 136 days. The production performance further validates the company’s high-intensity stimulation designs and the value proposition for its western acreage. The pad utilized 40-acre spacing (16 wells per section) versus the 60-acre spacing the company had been......
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