Operational Updates | Production Rates | Initial Production Rates | Drilling Activity
Ring Talks Q1 San Andres IPs; Production Up 90% YOY to 507 MBOE
Print
|
Ring Energy reported an operational update for Q1 2018.
Highlights:
In Q1, Ring drilled 12 new horizontal San Andres wells, one new horizontal Brushy Canyon well, three saltwater disposal wells, and was in the process of drilling two additional new horizontal San Andres wells at the end of the quarter.
- The average IP on the 12 completed wells was ~436 boepd.
-Net production for the first quarter of 2018 was approximately 507,000 BOEs, as compared to net production of 266,000 BOEs for the same quarter in 2017, an approximate 90.6% increase
More Production Rates News
Tamarack Rebalances 2026 Spending Toward Clearwater
Tamarack Valley Energy’s 2026 development plan outlines a moderated capital program of $390–$410 million targeting annual average production of 69,000–71,000 boe/d and an 84%–86% oil and NGL weighting.…
Peyto Targets 70–80 Net Wells in 2026 on a $450–$500MM Capital Program
eyto’s preliminary 2026 development program is set at $450–$500 million, matching its 2025 capital budget of $450–$500 million. The 2026 plan is designed to be flexible, with the…
Ranger/Penn Virginia Provides Production Update
Ranger Oil Co formerly known as Penn Virgina announced an operational update. Preliminary Third Quarter 2021 Operational and Financial Update The operational and financial results below represent results…
Apache Reports Prelim 1Q'21 Data; Production Down Signifcantly
Apache reported first quarter production for US and its global operations and as we can see production is down +20% Year / Year and 10%+ sequentially. "Total Adjusted…
Ring Energy Progresses Drilling Ops at Permian NWS Project
Ring Energy, Inc. recently initiated the next phase of its previously-announced Northwest Shelf (NWS) drilling program with three wells located in the top tier acreage of the Company's…
Permian - Central Basin News
Ring Energy Finalizes Acquisition of Stronghold Energy II
Ring Energy, Inc. has completed its previously announced acquisition of the assets of privately-held Stronghold Energy II Operating LLC and Stronghold Energy II Royalties LP. Stronghold's operations are…
Riley Exploration Permian Talks Q1 Production, Drilling
Riley Exploration Permian, Inc. provided an update on its fiscal first quarter 2021 operational and financial results. Q2 2021 Highlights: FQ1 2021 production of 7,588 net Boe/d, up…
Ring Energy Talks 2020 Plans; Spending, Drilling Down 44% YOY
Ring Energy Inc. detailed its 2020 capital plan. 2020 Plans - Cuts to Capex, Wells and Rigs YOY Ring has cut its spending, well and rig plans across…
Ring Details Q4 Drilling Activity, IP Averages; Adds to Hedges
Ring Energy, Inc. reported its operations update for the fourth quarter of 2019 as well as its year-end drilling summary. Q4 Drilling Activity - Three New NWS Wells…
Ring Talks Q3 San Andres / CBP Drilling Activity, Well Results
Ring Energy, Inc. released its operations update for the third quarter of 2019. In Q3 2019, Ring drilled six new one-mile horizontal San Andres wells on its Northwest…