US-based oil and gas company Pioneer Natural Resources has commenced production at a rate of 1,572 barrels of oil equivalent per day in the Mabee K #1H well at the Wolfcamp Shale in Martin County, Texas, US.
The well, which has a 77% oil content, has been completed in the Wolfcamp B interval at perforated lateral length of 6,671ft, by using 27-stage hybrid fracture stimulation.
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Pioneer said the initial 24-hour peak natural flow rate at the Mabee K #1H well is similar to the initial 24-hour peak natural flow rate of DL Hutt C #1H well, which is the company’s first Wolfcamp Shale B interval well in Midland County, Texas.
The DL Hutt C #1H well’s 24-hour peak natural flow rate was 1,693 barrels of oil equivalent per day with 75% oil content.
The well was drilled using 30-stage hybrid fracture stimulation at perforated lateral length of 7,380ft.
The comparable 24-hour peak natural flow rate at the Mabee K #1H well is higher than DL Hutt C #1H well at 1,739 barrels of oil equivalent per day.
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By GlobalDataThe Mabee K #1H well is situated about 30 miles north of the DL Hutt C #1H well and 50 miles north of company’s first two horizontal Wolfcamp Shale B interval wells in the Giddings area in Upton County.
Pioneer Natural Resources chairman and CEO Scott Sheffield said the strong initial production rate from the Mabee K #1H well is proving the prospect of the company’s gross 900,000-acre Spraberry / Wolfcamp leasehold position, which is expected to hold about 4.6 billion barrels oil equivalent.
"We have seven horizontal rigs running in the southern part of the play, where the Company has its joint interest agreement with Sinochem, and we are increasing our horizontal rig count in the northern part of the play from one rig to five rigs during the second quarter," Sheffield added.
Image: Pioneer Natural Resources has commenced production in Mabee K #1H well of Wolfcamp Shale in Texas. Photo: Courtesy of Pioneer Natural Resources.
