ConocoPhillips Investor Update shows Niobrara Production at 1000+ BOED

Slide from ConocoPhillips Investor Presentation May 2015

Slide from ConocoPhillips Investor Presentation May 2015

In their most recent Investor Update Package, ConocoPhillips reported that production from their Niobrara wells were now averaging over 1000 barrels of oil equivalent per day (BOED) over a 30 day period.  The company continues to optimize its completion design  and well lateral length.  ConocoPhillips has already realized a 200% increase in cumulative oil production  between the 1st and 4th quarters of 2014 after building on previous increases from 2013.

ConocoPhillps Niobrara oil properties are mainly located around the Lowry Bombing Range and surrounding areas in Adams, Arapahoe, Elbert, and Douglas county, Colorado.

Read the Investor Update Package

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