Eagle Ford Well Record for Natural Gas – Escondido Resources II

Escondido Produces 16 mmcfd from Eagle Ford gas well. Pushes forward in the Olmos and Escondido formations
Petrohawk Eagle Ford Shale Map

Hawkville Seen Here Extends into Webb County | Click to Enlarge

An Eagle Ford well record was recently set by Escondido Resources in the Hawkville Field in Webb County. The company completed the Spohn Ranch 1H well with a 6,975 ft lateral and 25 fracture stages. The well came online at more than 16 mmcfd and produced 0.4 Bcf in the first 30 days online. Escondido now has plans for additional development in the area.

Escondido is also pushing forward developing other horizons in South Texas. The company just completed its first horizontal “Escondido” well. Let’s hope for the company’s namesake this turns out to be a good investment. The first well indicates it will and the company plans seven follow up wells

The Storey 4H well is located in LaSalle County, Texas. in the Tres Encanto Field, an area also referred to as the White Kitchen Field. In its first 30 days of production, the Storey 4H averaged nearly 400 barrels of crude oil production per day along with 1.2 Mmcf of associated gas per day. The well was completed with eight frac stages over a 4,475-foot lateral. [Read more…]

GE – Howard Energy Deal Sets Up Acquisition of Meritage Midstream Services

GE Financial Services has acquired a 30.6% stake in South Texas midstream operator Howard Energy Partners. The amount paid was not disclosed, but we do know what the company is doing with the proceeds. Howard Energy will use the money to partially fund the acquisition of Meritage Midstream Services.¬† [Read more…]

Escondido Resources Horizontal Eagle Ford Drilling Results – 2011

Escondido Resources II announced well results from the company’s 2011 drilling program in South Texas. ¬†Escondido drilled 17 wells in 2011 with an average IP rate of 7 mmcfd. That is not just Eagle Ford wells. The company has drilled a total of 29 wells since 2009, with 18 in the Escondido formation, 7 targeting the Olmos, and 5 targeting the Eagle Ford Shale. All 17 wells in 2011 were horizontal.¬† [Read more…]

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