Clayton Williams Grew Eagle Ford Oil Production ~430% in Fourth-Quarter of 2013

Eagle Ford Capital Budget - ~$160 Million in 2014
Clayton Williams Eagle Ford Acreage Map

Clayton Williams Eagle Ford Acreage Map | Click to Enlarge

Clayton Williams Energy grew its Eagle Ford oil production in the fourth quarter of 2013 over 2012 by ~430% from 312 b/d – 1,354 b/d.

The increase in production is a sign that the company is gaining confidence in moving forward with its Eagle Ford operations. In an early February 2013 statement, the company alluded that additional drilling and production data would be needed to determine if the Eagle Ford Shale drilling program could be economically viable.

Clayton Williams Reserve Additions in 2013

In 2013, the Eagle Ford contributed to 27.7 mmboe of reserves additions in 2013. Other plays that contributed to Clayton Williams’ reserve additions included the Wolfberry and Delaware Basin.

Clayton Williams Eagle Ford Guidance for 2014

Planned expenditures in the Eagle Ford formations account for ~$160 million. That’s ~50% of the company’s budget for the year. As of late February, the company had 2 rigs in its Giddings – Eagle Ford Shale drilling program.

Clayton Williams Eagle Ford Production Breakdown in Q4 2013

  • Oil – 1,354 b/d
  • Natural Gas – 86 mcf/d
  • NGLs – 20 b/d

Clayton Williams Eagle Ford Production Breakdown for 2013

  • Oil – 1,136 b/d
  • Natural Gas – 78 mcf/d
  • NGLs – 19 b/d


The following two tabs change content below.
Kirk Eggleston

Kirk Eggleston

Contributor at
Kirk Eggleston writes on significant news developments in the Eagle Ford and Bakken Shale plays. He is a former broadcast journalist, and has experience covering news and politics in the Texas and Louisiana markets.

Add a Comment