Items Tagged with 'lateral'

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Surge Energy Claims Longest Known Lateral in Permian

Houston-based Surge Energy US Holdings Co. said a subsidiary has drilled the longest known lateral in the Permian Basin’s Midland formation at a total measured depth of 24,592 feet, vertical depth of 7,102 feet and horizontal displacement of 17,935 feet, or 3.4 miles. Read More

Lilis Energy Says First Two Wolfcamp Wells Beat Expectations

San Antonio-based Lilis Energy Inc. (LLEX), which began trading on the Nasdaq Tuesday, has drilled and completed its first two operated horizontal Wolfcamp B wells in the Delaware Basin, a sub-basin of the Permian, with initial production rates “significantly exceeding” the expected type curve, the company said Wednesday.

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