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Ring Tags +55% Production Growth YOY at 5.6 MBOEPD; Talks San Andreas Economics
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Ring Energy reported its Q2 2018 financial and production results.
Highlights:
- Q2 production of 522.6 MBOEs (5,607 BOEPD) (up +55% YOY and up +3% from 1Q18)
- Oil sales volume increased to 469.5 MBOs (up +53% YOY)
- Gas sales volume increased to 319.1 MMcf (up +67.8% YOY)
San Andreas Economics - Increasing Lateral Length +50%
Ring has been comparing its San Andreas economics based on lateral length (1.0 mile vs 1.5 mile):
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