Matador Resources Company announce the 24-hour initial potential test results of two of its most recent wells completed in the Permian Basin – the Norton Schaub #1H well and the Pickard State 20-18-34 #1H well, each of which has been producing less than 30 days.
In the Wolf prospect area of Loving County, Texas, the Norton Schaub #1H well flowed 1,026 BOE per day, including 706 Bbl of oil per day and 1,922 Mcf of natural gas per day (69% oil), at 3,000 pounds per square inch (psi) surface pressure on a 22/64th inch choke during its 24-hour initial potential test in mid-July 2014.
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Matador Resources Company
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