Privately held Northwoods Energy recently completed three wells in three different formations in the Powder River Basin. The success of the wells, which are all located in Converse County, Wyoming, highlights the stacked pay potential of the basin. Targeting the Shannon formation, the Aspen 11W02-3SH was drilled with a 9,864-ft lateral and delivered an initial 24-hour rate of 1,860 boe/d (92% oil) and a 30-day rate of 1,500 boe/d (91% oil), or 152 boe/d......
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