Magnum Hunter Triples Production Year Over Year – Q1 2012 Update

Magnum Hunter Is Focused In the Bakken Shale, Eagle Ford Shale, as well as the Appalachian Basin

Magnum Hunter Resources tripled production year over year in the first quarter and the Eagle Ford is helping drive the company’s strong growth.  In the first three months of the year, the company drilled four operated wells that all came on line at more than 1,325 boe/d, with the best well testing 2,250 boe/d. All production rates were reported from one day tests. 

All four wells were fracture completed with 21-25 stages in 6,100 to 6,700 ft horizontal laterals.  With the new wells most of the company’s acreage in Gonzales and Lavaca counties is now held by production.

In the company’s non-operated position, Hunt Oil completed four additional wells that came on line with initial production rates between 167-920 boe/d.

Read the company’s entire press release at magnumhunterresources.com

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R.T. Dukes

R.T. Dukes

Managing Editor at EagleFordShale.com
R.T. is the managing editor of EagleFordShale.com. In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

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