Permian Drilling Record Reported



Permian Drilling Record Reported
A unit of Surge Energy US Holdings Co. has reportedly drilled a record-setting lateral in the Permian Basin.

Moss Creek Resources Holdings, Inc., a unit of Surge Energy US Holdings Co., has drilled a record-setting well in the Permian Basin, Surge reported Wednesday.

In a written statement, Surge noted that its wholly owned Medusa Unit C 28-09 3AH was successfully drilled to a total measured depth of 24,592 feet (total vertical depth of 7,102 feet). Based on IHS and Drillinginfo databases, the well is the longest known lateral in the Permian, the company noted. Surge added that the well was drilled 100 percent in zone of the Wolfcamp A formation with a total lateral length of 17,935 feet, or 3.4 miles.

Surge, which partnered with Latshaw Drilling and Exploration’s Rig 10 and Pro Directional for directional services, noted that it took 18 days to go from surface to total depth using conventional mud motor and measurement-while-drilling (MWD) technology. The company expects the well to be completed and brought online later this year.

“This industry milestone in the Permian Basin is our latest example of the innovation and technical expertise being executed by the Surge Energy Team,” stated Dexter Burleigh, Surge’s president and CEO. “We are extremely proud of our drilling team for this significant achievement.”

Medusa Unit C 28-09 3AH is located in the Moss Creek oil field, one of two assets that Surge operates in the northern Midland Basin of West Texas. According to Surge’s website, Moss Creek boasted net production of 42,467 barrels of oil equivalent per day during the fourth quarter of 2018. Moreover, the company – a U.S. subsidiary of the publicly listed Chinese firm Shandong Xinchao Energy Co., Ltd. – states that its Moss Creek horizontal development program is targeting the Wolfcamp A and B and Lower Spraberry formations.



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