Sweetie Peck
SOLD – 2006
$250 Million, SM Energy
Reservoir: Wolfcamp/Spraberry
Well Depth: 11,000 ft
WI: 63%
Wells: 79
Net Production: 2,100 BOEPD
Entre Energy Partners, LP
Non-Operated Property
(Operator: Henry Petroleum)
(63% WI)
- Strategy
- Applied Technology: Prove economic development through reservoir characterization, completion techniques, cost optimization.
- Actions
- Detailed reservoir characterization, 74 wells drilled, 5 completion generations.
- Results
- Achieved 28% IRR development program
- Proved 261 40 & 80-acre development locations