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EP plans for first horizontals in Altamont program
During 2017, EP Energy completed 25 wells and recompleted 59 in its Altamont program in the Uinta Basin. Production averaged 17,900 boe/d (68% oil) for the year, up 8% YOY, driven by improved performance and higher activity levels. For 2018, the company plans to spend 20% of its $600-650 million capex in the play. EP will run two rigs throughout the year on its 157,000-net acre position. Of the $125 million in Altamont capital,......
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