Schlumberger’s HiWay Frac Design Improves Eagle Ford Well Performance

SLB Sees Higher Production & Lower Costs in the Eagle Ford
Schlumberger HiWay Channel Fracturing

Schlumberger HiWay Channel Fracturing | Click to Enlarge

Schlumberger’s (SLB) HiWay flow channel frack design has been most successful in the Eagle Ford. The company has completed a significant number of wells in the basin and has shown the design increases production while utilizing less proppant.

The production response has not been as positive in other plays, but the company generally sees flat to higher production with lower well costs. The advantage where production isn’t higher is the cost savings realized by using 40% less sand/proppant. [Read more…]

Chesapeake’s Eagle Ford Performance Drives Oil Production Guidance Increase

Will Surpass 1,000 Drilled Wells In The Eagle Ford In The Third Quarter
Chesapeake Energy Oil Gas Production Graph

Chesapeake Energy Oil & Gas Production Graph | Click to Enlarge

Chesapeake has increased it oil production guidance for the year by 1 million barrels to 38-40 million barrels as more wells have come online in the Eagle Ford.

The company¬† connected 140 wells to sales in the second quarter and averaged production of 190,000 gross (85,000 net) boe/d. Approximately 66% or almost 57,000 b/d of the production stream is crude oil. The number of wells brought to sales is up from 111 in the first quarter and production is up 14% from that period. [Read more…]

EOG Eagle Ford Well Production Rates Soar – Will Drill More in 2013

Planning 425 Eagle Ford Wells In 2013 Vs 400 Planned Previously
EOG Eagle Ford Shale Acreage Map

EOG Eagle Ford Shale Acreage Map | Click to Enlarge

EOG Resources announced impressive results from the first quarter. The company’s Eagle Ford wells just keep getting bigger.

A total of 18 wells produced more than 2,500 b/d of oil and nine more wells produced more than 3,500 b/d of oil. That’s 27 wells that came online at rates greater than 2,500 b/d! [Read more…]

Chesapeake’s Eagle Ford Wells Look Better and Better

Over 35% of the company's wells produced more than 1,000 boe/d in Q3 2012
Chesapeake Eagle Ford Rig Map

Chesapeake Rig Map | Click to Enlarge

Chesapeake’s Eagle Ford well production rates are getting better and better. The company now has hundreds of wells producing and those data points allow the company to improve its drilling and completion processes.

In the third quarter of 2012, Chesapeake brought 124 wells to production. 115 of the wells (93%) produced at peak rates of more than 500 boe/d and 43 wells (35%) produced at peak rates of more than 1,000 boe/d. That’s up from 91% of wells producing 500 boe/d or better and 31% of wells producing 1,000 boe/d or better in Q2 2012 when 121 wells were completed. In the first quarter of 2012, only eight of 60 wells brought online produced more than 1,000 boe/d. I’d say that’s a pretty good improvement in just six months time. CHK is now completing more than three wells a week that produce more than 1,000 boe/d. [Read more…]

Texon Tests Good Eagle Ford Well – McMullen County TX

Texon Petroleum released results from its latest McMullen County Eagle Ford well. The well tested at over 1,600 boepd at a pressure of more than 3,000 psi. Texon didn’t disclose if that was a full 24 hr test or not.

This well was completed with 17 frack stages compared to 15 in Texon’s first two wells. [Read more…]

Swift Energy Olmos Wells Add Another Drilling Target

Swift delivers promising Olmos formation results. The company might have stumbled upon two prolific plays if the results listed below continue across the company’s acreage. Both the Eagle Ford Shale and Olmos will be horizontal drilling targets going forward. It will be interesting to see if the Olmos is localized or a true resource play. [Read more…]