Lilis Energy completes its first two operated horizontal wells

March 16, 2017
Lilis Energy Inc., San Antonio, has completed its first two operated Delaware basin horizontal wells, the Bison 1H and the Grizzly 1H, in Winkler County, Tex., and spudded a third operated horizontal well.

Lilis Energy Inc., San Antonio, has completed its first two operated Delaware basin horizontal wells, the Bison 1H and the Grizzly 1H, in Winkler County, Tex., and spudded a third operated horizontal well.

The small independent holds leases covering more than 7,000 net acres in the Delaware basin. Lilis plans to drill 10 gross wells this year, primarily targeting the Wolfcamp B.

The Bison 1H had a recent 24-hr rate of 2,128 boe/d, of which 75% was liquids. The well had been on stream for 55 days and was producing on a restricted choke with more than 1,800 lb of flowing tubing pressure as of Mar. 15. The Bison’s 6,897-ft lateral was completed with 35 stages.

The Grizzly 1H well had a recent 24-hr rate of 1,392 boe/d, of which 65% was liquids. The well had been on stream for 34 days and was producing on a restricted choke with more than 1,850 lb of flowing tubing pressure as of Mar. 15.

Lilis completed the Grizzly’s 4,103-ft lateral in 20 stages and currently is drilling the Hippo 1H well with a target measured depth of 16,580 ft. It will be completed with hydraulic fracturing. Plans call for a 4,000-ft lateral to be completed in 20 stages.

Lilis operates a contiguous acreage block in the Texas counties of Loving and Winkler with additional acreage in Lea County, NM.