A good Seeking Alpha article
out that mainly features DiamondBack (FANG), but has a good mention on Laredo as well as APA, AREX, PXD, SYRG.
The author is very high on the Permian
Laredo has also targeted other zones. In the table below is a list of its completions in the upper and lower Wolfcamp, plus the Cline.
Well Target %Oil IP 30 Boe/d
Lane Trust-C/E-421HU Upper Wolfcamp 76 1183
Sugg-A-143-2HU Upper Wolfcamp 78 1160
Sugg-D-106-2HL Lower Wolfcamp 66 969
Sugg-A-157-1H Upper Wolfcamp 73 909
Sugg-E/A197-1HU Upper Wolfcamp 71 865
Sugg-A-143-1HU Upper Wolfcamp 76 846
Sugg-A/A208-1HU Upper Wolfcamp 66 843
Bearkat-150-5H Cline 74 835
Laredo's acreage is to the east of Diamondback's, but gives an idea of how the area produces. Very good upper Wolfcamp wells, and it seems to be the main target. The lower Wolfcamp had a very good number, but a lower crude percentage. The Cline was the worst producer, but it is still early and this deeper payzone should produce as well as the upper Wolfcamp. http://seekingalpha.com/article/1655862-bakken-update-diamondbacks-production-ramp-provides-opportunity-in-q3?source=email_rt_article_readmore