CPX Newest Wells Again Exceed Target Rates
CPX Energy’s recently completed horizontal Wolfcamp wells, the B AND B STATE 4H and the B AND B STATE A 5H, have exceeded IP24 target rates for three days in a row. The two wells, located in Loving County, Texas, have reached a combined daily production rate of 4550 BOEPD.
CPX has finished drilling three additional Wolfcamp wells in Loving County, Texas. The CPX State 100-33 A 1H, CPX State 100-33 B 2H and CPX State 100-33 D 4H. Completion operations will begin in the very near term. CPX will move the rig to spud additional wells on the same unit.