Bison II’s Boomslang Pads Demonstrate Highly-Productive Niobrara Well Performance

Source: www.gulfoilandgas.com 8/19/2020, Location: North America

Bison Oil & Gas Partners II, LLC announced results from its Boomslang 14 A and B pads in the rural Baja area of Weld County, Colorado.

“The Boomslang A and B pad wells (average lateral length 7,750’) produced a daily average of 625 barrels of oil equivalent (79% oil) in the first 180 days of production from multiple benches of the Niobrara formation in the DJ Basin,” remarked David Gonzales, Bison II President and Chief Operating Officer. “In addition, these eight wells were drilled for less than $5 million per well on average.”

“These well results, drilled at an 8-well development density, are a testament to the high-quality Niobrara reservoir in our Baja area and showcase our team’s ability to deploy the most advanced drilling, completion and production technologies to achieve attractive development returns,” added Austin Akers, Bison II Chief Executive Officer.

To date, Bison has drilled and completed 22 wells in the Baja area and is currently drilling an eight-well development program on its Hale pad, with expected well costs to be approximately 15% less than the Boomslang wells.


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