Comstock Moving Haynesville Rigs to the Eagle Ford and West Texas

Comstock Resources' Eagle Ford production grew more than 120% in the fourth quarter to 3,300 boe/d. The Eagle Ford accounted for 7% of the company's total production at year-end 2011 and there's no sign of growth letting up. The company plans to have all of its rigs moved out of the Haynesville Shale and into South and West Texas by March. Low gas prices are pushing the company to make a shift to oil and liquids. The Wolfbone in West Texas and Eagle Ford is South Texas are the primary development targets in 2012. Comstock grew liquids production from just 4% of total production at the beginning of 2011 to 16% of production by the end of the year.

Read more at the Comstock Eagle Ford page.