Privately held Cub Creek Energy, Highlands Ranch, Colo., has achieved average initial 30-day production of 2,404 boe/d from seven wells drilled on its Haley pad in Wattenberg field, Weld County, Colo.
Of that rate, 1,920 b/d was oil, according to Deutsch Rohstoff AG, Mannheim, Germany, which cofounded Cub Creek in 2014.
Cub Creek completed the wells in the third quarter with an average working interest of 78%.
Rohstoff said Cub Creek plans to start production from 16 wells it has drilled on its Wattenberg Litzenberger pad in the first quarter of 2018.