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Thursday, February 22, 2018 12:11:49 AM
CLR says Q4 net production rose 37% Y/Y to ~287K boe/day, with oil output gaining 44% to 168K bbl/day; Bakken net production jumped 58% to an all-time high of 165.6K boe/day, STACK net production surged 96% to 47.9K boe/day, and SCOOP net production fell 2% to 62.2K boe/day.
CLR says it brought online 39 gross operated wells in the Bakken during Q4 with a 24-hour initial production average of 2,180 boe/well, and five were record Bakken producers for the company, flowing an average of 2,230 boe/day (80% oil) during first 30 days.
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