EOG filed a completion report with the Texas Railroad Commission in May that detailed a well test that produced over 8,600 boe/d from the Eagle Ford.
In a 24-hour test, EOG operated well produced 7,513 barrels of oil and 6.8 mmcf of natural gas.
The well is located 15 miles south of Gonzales just east of 183 on the Gonzales - DeWitt county line. The well was drilled to a measured depth of 17,364 ft. The measured depth includes a horizontal lateral of a little more than 5,300 ft.
At the time of the test, the well had already produced 40,121 barrels of oil. The well is situated on a 375.87 acre lease, so I'd say it's going to make for a happy royalty owner.
The completion report included the following:
- The well was tested for 24 hours on May 25, 2013
- Choke size was 38/64ths
- Casing pressure of 3,799 psi
- 7,513 barrels of oil produced
- 6,877 mcf of natural gas produced
- 1,378 barrels of water produced
Well EUR In The Millions
This will be an interesting well to watch over the next year. If you assume the well produces 5,000 b/d of oil in the first month and has a decline rate of 75% in the first year, it will easily eclipse 1,000,000 million barrels of oil production. That's a million barrels in the first year!
If the decline rate is closer to 90% in the first year, the well will produce more than 700,000 barrels of oil and be on path to eclipse 1 million barrels of production in year two.