Today the COGCC released the long awaited initial production (IP) results from Anadarko’s wildcat well, STATE OF CO 5-24HZ located on the Lowry Bombing Range. IP results showed 200 BOE/day in the first month of production and had dropped to a drip of 127 BOE/d by the 90 day mark. This well has long been viewed as an important test in the Niobrara outside of the of the Wattenberg field where horizontal wells with IP of 800 BOE/d declining to 400 – 500 BOE/d are being drilled.
This well’s production results while less than a typical Wattenberg Field horizontal well, shows promise for the area. There are many factors that need to be controlled in order to produce a successful well, and Anadarko has already committed to exploring the field just north of the Bombing Range with new wildcat well permit requests near Watkins.