The natural gas production has a heating value of 1,316btu/cf, and when processed, should yield approximately 3,530bbls/d of natural gas liquids. Including estimated NGL recoveries and shrinkage associated with processing the natural gas, the Black 50-1H well produced approximately 60.2mmcfe/d.
Mark Ellis, president and CEO of Linn Energy, said: “The outstanding results from this second well are considerably above what we expected. We believe this is the highest rate well reported in the Granite Wash trend. The liquids content of over 6,700bbls/d represents more than 65% of the production stream and we anticipate pay-out on this well in as little as two months.
“The well is located in an area where Linn has a large concentrated acreage position. As a result, there are numerous follow-up drilling opportunities. Our operating team has continued to drill horizontal Granite Wash wells in less drilling days and at lower costs than expected.”
