Swift Energy Looks For Eagle Ford Partner as Wells Improve

Selling A Partnership Interest Could Raise $200+ Million
Swift Energy Eagle Ford Well Expectations

Swift Energy Eagle Ford Well Expectations | Click to Enlarge

Swift Energy held its annual analyst meeting the past week. It has been an exciting two years for the company as both production and reserves have grown by more than 40%. During that time, the Eagle Ford has become the company’s top performing asset. [Read more…]

Carrizo Oil & Gas Plans Big Spending in the Eagle Ford

77% of the Company's $500 Million Budget is Planned for South Texas
Carrizo Eagle Ford and Pearsall Map

Carrizo South Texas Eagle Ford Map | Click to Enlarge

Carrizo Oil & Gas has allocated $385 million of its $500 million development budget to drilling & completing wells in the South Texas Eagle Ford. The company plans to keep three rigs running in the play throughout 2013. [Read more…]

Sanchez Energy Eagle Ford Reserves Hit 15 mmboe – Vertical Well Tests Coming

Sanchez Energy Eagle Ford Shale Map

Sanchez Eagle Ford Map | Click to Enlarge

Sanchez Energy’s Eagle Ford reserves have grown by 125% since the end of 2011. The company reported 15 million barrels of proved reserves with 87% being attributable to oil. An internal estimate pegs total resource potential at more than 250 mmboe from 800-1,200 wells.

Sanchez has approximately 95,000 acres stretched across portions of the black oil and volatile oil windows of the Eagle Ford. The company’s prize asset is its 9,400 acres in the Palmetto area of Gonzales County. Sanchez has two rigs running in the Eagle Ford and plans for an additional rig in the Palmetto area in August. The company just completed a seismic study in the Palmetto area and has started a development program that will include 8-9 gross wells in the second half of 2012. [Read more…]