EOG Resources’ Western Eagle Ford Acreage Looks Better & Better

Record Well On EOG's Western Acreage Yields 2,815 b/d of Oil
EOG Eagle Ford Shale Acreage Map

EOG Eagle Ford Shale Acreage Map | Click to Enlarge

EOG Resources completed a well in Atascosa County that produced over 2,800 b/d of oil, 160 b/d of NGLs, and almost 1 mmcfd. The well is a record for EOG’s Western Eagle Ford acreage.

The company also had wells in La Salle and McMullen counties that produced ~2,000 b/d or more during the third quarter.

Recent results prove new completion methods bring the Western Eagle Ford up to par with the company’s prolific acreage to the east. [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…]

Magnum Hunter Resources Completes Sale To PVA – Still Targeting Eagle Ford & Pearsall

Pearsall Well Produces Almost 600 Boe/d
Magnum Hunter Resources Acreage Map

Magnum Hunter Resources Acreage Map | Click to Enlarge

Magnum Hunter Resources (MHR) completed the sale of 19,000 net acres in the Eagle Ford to Penn Virginia for approximately $400 million in the second quarter. The deal was for the majority of the company’s Eagle Ford holdings.

Magnum Hunter retained approximately 7,000 net acres prospective for the Eagle Ford and Pearsall Shale formations in Atascosa, Fayette, and Lee counties. Two wells were completed and the company plans to explore and develop its acreage further. [Read more…]

Crimson Woodbine Well In Madison County Impresses

Also Testing The Buda Formation In Dimmit County
Crimson Woodbine Acreage Map

Crimson Woodbine Acreage Map | Click to Enlarge

Crimson’s latest Woodbine well came online at an impressive rate of production.

The Nevill-Mosley #1H came online at 1,164 boe/d or 1,021 b/d of oil and 77 b/d of NGLs, and 392 mcfd. The well was drilled 15,192 ft, including a 6,041 ft lateral, and was completed with a 22-stage fracture completion. [Read more…]

Chesapeake Eagle Ford Drilling Time Improving – Rig Count Down

Production Up 20% From Q4 and 225 From Q1 2012
Chesapeake Eagle Ford Well EURs

CHK Eagle Ford Well EURs Since 12/31/2011

Chesapeake’s Eagle Ford well drilling time is down from 25 days a year ago to 18 days in the first quarter of 2013.

The company is running 15 rigs in the play now, but plans to drop the rig count to 13 in the second half of the year. Chesapeake also believes they will be able to drive drilling times down by another five days. [Read more…]

Sanchez Energy Ends 2012 With 200% Plus Production Growth

The Barnhardt #15 Was Restricted Due to Capacity Constraints
Sanchez Energy Eagle Ford Shale Map

Sanchez Eagle Ford Map | Click to Enlarge

Sanchez Energy ended 2012 with production of approximately 4,500 boe/d. That’s a 233% increase over year-end 2011 and over 150% growth from the third quarter of 2012. Proved reserves were estimated at 21.2 million boe.

[Read more…]