Permian Basin pure-player Lilis Energy Inc., citing an expected windfall in production and longer laterals during the fourth quarter, reaffirmed plans to exit 2018 producing at a rate of 8,000 boe/d and plans to resolve production curtailments in the near term.
Lilis
Articles from Lilis
Lilis Raising Production Guidance After Strong Permian Well Results
Lilis Energy Inc. is raising its year-end production guidance after four wells in the Permian Basin reached 24-hour initial production (IP) rates, including one that it said registered the highest IP in New Mexico to date, the Houston-based company said Monday.
July 23, 2018
Lilis Energy Gains Agreement to Support Permian Drilling Plans
Lilis Energy Inc., an independent producer focused on the Permian Basin, said it has entered into a long-term natural gas gathering, processing and purchase agreement with an affiliate of Lucid Energy Group to support a drilling program in the Delaware sub-basin.
August 16, 2017