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Unconventional Yearbook 2018

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Page 40 of 107 | January 2018 | 39 KEY PLAYERS | 2018 UNCONVENTIONAL YEARBOOK forations at 9,890 ft to 14,480 ft following a 29-stage fracturing job, according to an IHS Markit report. In August 2017 IHS reported that a Lower Bone Spring well in central Eddy County was completed by Mewbourne as the first horizontal producer in southeastern New Mexico's Avalon Field. The 1H Roscoe "6" B3AD Federal Com was tested for an initial daily potential of 231 bbl of crude, 527 Mcf of gas and 3,426 bbl of water through frac- ture-treated perforations at 8,761 ft to 13,275 ft. IHS also reported that oil flowed at an initial rate of 360 bbl/d with 77 Mcf of gas and 976 bbl of water at a Mewbourne horizontal well completed in September 2017 6 miles south-southeast of Farn- sworth, Texas. The M002CM Rifenburg is produc- ing from a fracture-stimulated Marmaton lateral at 7,312 ft to 11,680 ft that was drilled south across the section to a bottomhole in A-1879. In addition, Mewbourne opened a new regional headquarters office in June 2017 for operations in New Mexico's Permian Basin. Newfield Exploration Co. ■ Average 159 Mboe/d net domestic production in third-quarter 2017 ■ New water recycling facility in the Stack play Newfield Exploration is focused on domestic, liquids-rich unconventional resource plays. The independent company's U.S. operations are located primarily in the Anadarko and Arkoma basins of Oklahoma, Williston Basin of North Dakota and Uinta Basin of Utah. About 98% of Newfield's proved reserves are located onshore U.S., according to the company's website. By year-end 2017, Newfield expected its net domestic production to average about 168,000 boe/d. "Domestic net production was 159,000 boe/d (41% oil and 64% liquids), exceeding the mid-point guidance by approximately 4,650 boe/d [in the third quarter]. The better than expected results during the quarter were primarily related to higher volumes in Stack," the company stated in its third-quarter 2017 results report. Newfield's Anadarko Basin production increased about 20% in the third quarter compared to the prior quarter, averaging about 105,000 boe/d during the third quarter, the report stated. The Anadarko Basin now comprises about two-thirds of total domestic production. Based on state records, Newfield is now the largest gross oil producer in Oklahoma, according to the company's report. On Oct. 31, 2017, Newfield provided data on eight recent HBP wells in the Stack, including the play's "record-setting" Hoile well, which had the play's highest oil production per 1,000 ft of lateral over a 24-hr period. The Hoile recently commenced production with a 24-hr IP rate of 5,100 boe/d (67% oil) from a 7,140-ft lateral, the report stated. In the Scoop play the company brought two developments online in the third quarter. "The Newfield's Stark production facility is located outside of Okarche, Okla., in the Stack play of the Anadarko Basin. (Photo courtesy of Newfield Exploration Co.)

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