Tuesday, December 5, 2017

Matador Production Improves; Well Design Becomes The Narrative -- Filloon -- December 5, 2017

Matador production results improve as well design becomes the narrative -- over at SeekingAlpha -- Filloon:
  • Matador continues to improve well design, and production per foot
  • wells completed after January of 2016 saw oil production improvements of from 109 KBO to 164 KBO over 16 months of well life, when compared to the year prior
  • the majority of Matadore locations in the Delaware are one mile laterals so production per well should improve as horizontals are lengthened
  • many operators in the Delaware are still completing shorter laterals than other plays. This is why the production per foot metric is important. Matador not only has upside as it lengthens laterals, it continues to work through better stimulation techniques. We continue to like Matador as improvements in the west Permian continue.

Again, another article with few specifics. 

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