Comstock’s Best Eagle Ford Wells Came Online in McMullen County in 2013

Comstock spent $137 million on acreage acquisitions in 2013
Comstock Eagle Ford Wells

Comstock Eagle Ford Wells | Click to Enlarge

In 2013, Comstock completed 63 gross (42 net) Eagle Ford Shale wells, including six wells (3.8 net) drilled in 2012. Completed Eagle Ford Shale wells had an average initial production (IP) rate of 780 boe/d.

Read moreMcMullen County, TX and the Eagle Ford Shale

Best Producing Comstock Wells – McMullen County, TX

Comstock’s best wells in the Eagle Ford were drilled in McMullen County, TX. Average boe/d results for the six best wells are listed below:

  • Gloria Wheeler C #3H – 1,340 boe/d
  • Gloria Wheeler C #1H – 1,219 boe/d
  • Gloria Wheeler D #4H – 1,113 boe/d
  • Gloria Wheeler A #4H 1,066 boe/d
  • Gloria Wheeler D #3H 1,054 boe/d
  • Gloria Wheeler C #2H 1,025 boe/d

All six wells produced more than 1,000 boe/d.

Comstock Company-Wide Drilling and Expenditures

During 2013, Comstock spent $343.6 million on its continuing development and exploration activities and $137.0 million on acreage acquisition costs. Comstock drilled a total of 75 horizontal oil wells (51.6 net) and two horizontal natural gas wells (2.0 net) across the company’s assets.

Of the $137 million spent on acquisitions, the company spent $66.5 million on 70% of Ursa Resources’ interest in Eagle Ford assets in Burleson and Washington counties. The deal included one well producing 433 boe/d and 32,000 gross (20,000 net) acres.

Read more: Comstock-Ursa Resources Reach Eagle Ford Deal Worth $66.5 Million

Comstock had ~6,300 b/d of crude oil production in 2013. That’s up 29% from 2012 when production was ~4,900 b/d. Oil and gas sales increased by 7% in 2013 to $422.6 million from $394.6 million in 2012. 

Comstock 2013 Highlights

  • 63 gross (42 net) Eagle Ford Shale wells completed
  • 75 horizontal oil wells (51.6 net) and two horizontal natural gas wells (2.0 net) drilled
  • Average Eagle Ford completed well had an IP rate of 780 boe/d
  • Highest producing well was drilled in McMullen County – Gloria Wheeler C #3H – 1,340 boe/d
  • Spent $343.6 million on its continuing development and exploration
  • Invested $137.0 million on acreage acquisitions
  • Crude oil sales volume grew to ~6,300 b/d


Chesapeake’s Eagle Ford Production Set to Top 100,000 boe/d by Year-end

Average Well Came Online at 930 Boe/d in Q3
Chesapeake Eagle Ford Acreage - Drilling Map

Chesapeake Eagle Ford Acreage – Drilling Map | Click to Enlarge

Chesapeake is on pace to surpass 100,000 boe/d of net Eagle Ford production in the fourth quarter. Average production in the third quarter was 211,000 gross (95,000 net) boe/d from the play.

Add back Eagle Ford assets sold to EXCO that produced over 6,000 boe/d during the quarter and Chesapeake would have already surpassed the 100,000 barrel mark. [Read more…]

Halcon Resouces’ Record Eagle Ford IP Comes From Step Out Well – Nears Acreage Target

Working Toward the Optimal Drilling & Completion Design
El Halcon Eagle Ford Play Map

El Halcon Eagle Ford Play Map | Click to Enlarge

Halcon Resources set an initial production record from an Eagle Ford well in Brazos County that is a five mile step out from the nearest producing well. The Stasny-Honza 1H came online producing 1,262 boe/d.

Halcon has three rigs working in the area and plans to have four rigs active through 2014. The company spudded 13 wells and brought 19 wells to production in the third quarter. Net production from the area grew to 6,500 boe/d from 31 wells during the quarter. Eight wells are waiting to be completed and three wells are being drilled. [Read more…]

EOG’s Burrow Unit 5H Well Better Than First Reported

Eagle Ford Performance Driving Oil Production Growth
EOG Eagle Ford Oil Well Record Production

Recent EOG Eagle Ford oil well produces more than 7,500 barrels of oil in one day! | Click to Enlarge

We published details from the Texas RRC completion report related to EOG’s record Eagle Ford well, but the company’s second quarter operations update proved the well was better than first reported.

EOG reported the well came online at more than 9,200 boe/d. That compares favorably to the 8,600 boe/d that was reported to the commission. Better yet, the well was still producing more than 4,200 barrels of oil per day after 30 days. The well is easily the best in the Eagle Ford to date. [Read more…]

Rosetta Resources Acquires Additional Eagle Ford Interest At Gates Ranch

Spent $126 Million For 10% Interest In Gates Ranch.
Rosetta Resources Tom Hanks Eagle Ford Lease Map

Rosetta Resources Tom Hanks Eagle Ford Lease Map – La Salle County | Click to Enlarge

Rosetta Resources completed 18 Eagle Ford wells in the second quarter and extended its streak of growing production from the play to 14 quarters (3.5 years). The growth didn’t come without obstacles. Rosetta’s Eagle Ford production was impacted by facilities constraints at Gates Ranch that are expected to last through August and wells that were shut-in for adjacent completions.

Rosetta added to its inventory of development with successful wells in both Live Oak and La Salle Counties. The first well in the 505 acre Lopez Unit in Live Oak County had a seven-day IP of almost 2,000 boe/d (46% oil). The first Eagle Ford well on the 3,500-acre Tom Hanks lease in La Salle County yielded more than 650 boe/d over the first seven days (91% oil). The two areas add 7 and 44 net locations to the company’s drilling inventory, respectively. Rosetta also tested a Pearsall Shale well on the Tom Hanks lease that produced 5 mmcfd. [Read more…]

Comstock Doubles Its Eagle Ford Rig Count In the Second Quarter

Will Also Double The Number Of Eagle Ford Wells Operated In 2013
Comstock Eagle Ford Drilling Plans 2013

Comstock Eagle Ford Drilling Plans 2013 | Click to Enlarge

Comstock Resources ran three rigs in the Eagle Ford in the first quarter 2013 and ramped up to six rigs running at the end of the second quarter. The increase in activity is no surprise. Comstock will drill as many wells this year (72 gross) as the company had drilled in the previous three years combined. [Read more…]