Here’s another one in Wattenberg formation with higher production rates—but also starting from low volumes.
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Bonanza Creek Energy Announces Third Quarter 2013 Financial Results and Provides an Operations Update; Sales Volumes Up 88% over Third Quarter 2012 and 32% over Previous Quarter
Increased Wattenberg horizontal production to an average of 11,128 Boe/d
During third quarter 2013, the Rocky Mountain region produced 11,802 Boe/d, or 67% of total company volumes, with 11,128 Boe/d coming from horizontal wells. Production increased 135% and the contribution from horizontal wells grew 271% over third quarter 2012. Compared to the previous quarter, Rocky Mountain volumes increased 41% and horizontal production volumes grew by 55%.
http://finance.yahoo.com/news/bonanza-creek-energy-announces-third-211701053.html
Noble Energy reports production increases,
October 24, 2013
For the third quarter of the year, Noble reports an increase in production to 97,000 barrels of oil equivalent per day out of the Wattenberg alone, which includes oil, natural gas and natural gas liquids. Of that, 61,000 came directly from horizontal drilling.
Production increased 90 percent from the second quarter and 31 percent from the same time last year, according to its earnings reports“The startup of our central processing facility in the third quarter is a significant milestone for Noble,” Stover said. The facility will be able to process 22,000 barrels of oil equivalent per day and 50 million cubic feet per day of natural gas.
“We have plans to double that capacity by next year,” Stover said.
Two other companies that drill in Weld County reported third quarter earnings this week:
» Whiting Petroleum reported a production increase of 12 percent from the same time last year.
http://www.mywindsornow.com/news/8625843-113/noble-quarter-company-reported