Comstocks’ Eagle Ford Production Down Due to Shut-ins

Well Costs Have Fallen To $8.2 Million
Comstock Eagle Ford Well Costs

Comstock Eagle Ford Well Costs | Click to Enlarge

Comstock Resources’ Eagle Ford production was down in the fourth quarter due to shut-ins related to pad drilling. Company wide oil production fell from 7,200 b/d in Q3 to 6,100 b/d in the Q4. Most (750 b/d) was lost in the Eagle Ford as the company shut in wells to drill and complete more wells on a producing pad. Pad drilling requires shut-ins when there are adjacent wells producing. Shutting the producing wells in helps lower the risk of reservoir damage and improves the effectiveness of the frack job. [Read more…]