Big Tex Prospect Pecos, Reeves, and Ward Counties, Texas (June 30, 2013)
OBJECTIVE Vertical Wolfbone Hz. Wolfcamp ACREAGE Whiting has assembled 93,207 gross (69,221 net) acres in our Big Tex prospect in the Delaware Basin: • Average WI of 76% • Average NRI of 57% • Well by well WI and NRI will vary based on ownership in each spacing unit.
May 2502H Peak 24-Hr: 674 BOPD 30-Day Avg: 397 BOPD
LeGear 11-02H IP: 478 BOE/D
May 2501 IP: 353 BOE/D Big Tex North 301H IP: 440 BOE/D Vertical Wolfcamp Discovery Wells Horizontal Wolfcamp Discovery Wells
Stewart 101 IP: 232 BOE/D
COMPLETED WELL COST Horizontal Development: $8.5 MM - $9 MM DRILLING HIGHLIGHTS The May 2502H well was completed on January 23, 2013. It tested at a peak 24-hour rate of 674 BOPD and achieved a 30-day average peak rate of 397 BOPD. Plan to drill 7 Upper Wolfcamp wells in 2013.
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