Swift Energy Is Pumping More Fluid & Proppant in Eagle Ford Completions

Lower Eagle Ford Proving to be the Most Productive
Swift Eagle Ford Acreage Map

Swift Eagle Ford Acreage Map | Click to Enlarge

Swift Energy is testing higher volumes of fluid and proppant in Eagle Ford well completions. The company’s number of Eagle Ford completions actually slowed to nine in the third quarter, but production grew due to better well performance.

The company’s best well on a boe basis in the third quarter produced over 2,300 boe/d. The completion method utilized on the well included 25% more fluid and proppant. Completion testing didn’t stop there. [Read more…]

Swift Energy’s Eagle Ford Wells Improving – Looking For JV Partner

Two Eagle Ford & Two Olmos Wells Produce More Than 1,000 boe/d
Swift Eagle Ford Acreage Map

Swift Eagle Ford Acreage Map | Click to Enlarge

Swift Energy expects to ink an Eagle Ford JV deal by the third quarter of 2013. The company doesn’t believe a joint venture is required, but does believe the capital will provide a benchmark valuation of the company’s assets. It will also speed up the development process and improve the present value of the underlying assets.

During the first quarter of 2013, Swift completed seven Eagle Ford wells and two Olmos wells.

[Read more…]

Cabot Oil & Gas Q3 2011 Eagle Ford Operations Update

Cabot Oil & Gas had a good day as the company announced earnings . The stock jumped more than $10 per share or 17%. The company is largely focused on its core position in the Marcellus Shale of Northwest Pennsylvania, but Cabot did provide updates related to the Eagle Ford. In 2011, the company will participate in 25-30 net wells.┬áCabot is planning to operate one rig in the play throughout 2012. The company’s last two wells in the Buckhorn area of Frio County produced almost 800 boe/d and over 900 boe/d. [Read more…]