HOUSTON, July 16, 2019 - Surge Energy US Holdings Company ("Surge Energy") today announced that its wholly owned subsidiary, Moss Creek Resources Holdings, Inc., has successfully completed the longest known lateral in the Permian Basin.
The Medusa Unit C 28-09 3AH was safely and successfully completed and drilled out to total depth. As previously announced, this well is the longest known lateral in the Permian Basin with a total horizontal displacement of 17,935 feet (or 3.4 miles). The completion consisted of 52 frac stages utilizing TTS SlicFrac™ diverter technology to place 2,200 lbs of proppant per lateral foot.
This technological accomplishment was executed with service providers Universal Pressure Pumping for pumping services and GR Energy Services for wireline.
Initial production from this well is expected by the end of the third quarter.
"The successful drilling and completion of the longest known lateral in the Permian Basin demonstrates the strong culture of innovation at Surge Energy," stated CEO Linhua Guan. "We are extremely proud of our technical and operations teams in this record setting achievement."
About Surge Energy
Surge Energy is an independent oil and natural gas company focused on the development, exploitation, production and acquisition of oil and natural gas reserves in the Midland Basin of West Texas, one of three primary sub-basins of the Permian Basin. Surge Energy is headquartered in Houston, Texas and currently holds approximately 85,000 net acres in the Permian Basin. For more information, visit our website at www.surgeenergya.com.
View original content:http://www.prnewswire.com/news-releases/surge-energy-america-announces-successful-completion-of-longest-known-lateral-in-permian-basin-of-3-4-miles-300885832.html
SOURCE Surge Energy
Contact Travis Guidry, Director of Planning & Investor Relations, Email: TGuidry@surgeenergya.com, Phone: 832-333-2339, or Investor Relations, Email: InvestorRelations@surgeenergya.com, Phone: 832-333-2400
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