Privately held DJR Operating has
amassed a 350,000-net-acre position
in the San Juan Basin, most recently
buying 182,000 net acres from Encana
for $480 million. On those assets was an
outstanding Mancos shale well drilled by
Encana in 2H18. Located in San Juan
County, New Mexico, the Nageezi Unit
#502H was drilled with a 6,429-ft lateral
using 6.2 MMlb of proppant. The well
flowed an initial 24-hour rate of 4,736
boe/d, which was nearly 100%......
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