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Colgate cheers high-performing HZs in Reeves County

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Midland-based Colgate Energy announced results for its two most prolific wells drilled to date, both drilled into the Wolfcamp in Reeves County. The Moses MIPA Unit 1H was completed with an 8,687-ft perforated lateral and tested at a peak 24-hour IP of 3,173 boe/d (75% oil; 365 boe/d per 1,000 lateral feet) and a peak 30-day rate of 2,983 boe/d (73% oil; 343 boe/d/1,000 ft) on a 38/64-in. choke. The Goliath MIPA Unit #1H......
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