Ice Storm Hits the Eagle Ford

Ice Storms Hitting South Texas
Ice Storms Hitting South Texas

Frigid temperatures could have an impact on operations in the Eagle Ford as the mercury hovers below the freezing mark for most of Friday morning. The wintry mix began hitting the counties covering the Eagle Ford formation late on Thursday night.

Due to the adverse weather conditions, non-critical work may be delayed and completions could be postponed. Black ice and slippery roads will also likely impact efficiency for logistical operations across the Eagle Ford.

Although the weather may be a burden to operations in South Texas, the industry is no stranger to cold weather. Workers in the Bakken oilfield have experienced crippling conditions due to dramatically cold temperatures throughout the winter.

Freeze offs from the cold weather will likely have a larger impact further north where temperatures have dipped much further below freezing.

Weekend temperatures in South Texas will be back into the high 60's and 70's, so interruptions should be temporary

For more on the weather in South Texas this Friday, visit

Comstock Resources Fourth Quarter Delays Push Eagle Ford Growth Into 2014

Comstock Resources Target Area Map
Comstock Resources Target Area Map

Comstock Resources planned to complete 18 gross (12 net) wells in the Eagle Ford between November and December of 2013.

Delays in completing the wells forced longer shut-ins for adjacent wells and the new wells didn't reach first production until late in December and January.

Comstock brought 10 gross (7.3 net) Eagle Ford wells to production in the last week of December and added 9 gross (6.3 net) in early January of 2014.

Also Read: Comstock Focused on the Eagle Ford - Planning to Spend $400 M in 2014

Current production as of January 21st was 10,000 b/d of oil and the company had 23 gross (17.2 net) Eagle Ford wells waiting to be completed.

Eagle Ford Drives Comstock's Reserves Growth

Development in the Eagle Ford helped Comstock grow proved reserves to almost 22 million bbls and 453 Bcf. Comstock added 5.3 million barrels and 5 Bcf of reserves in the Eagle Ford in 2013.

Read more about Comstock's latest expansion in the region: Comstock - Ursa Reach Eagle Ford Deal Worth $66.5 Million

Overall, Comstock is reporting proved reserves of 584 Bcfe at December 31, 2013. That compares favorably to 551 Bcfe the company reported on December 31, 2012.

Read the full press release at

Rosetta Resources Plans to Spend $735 Million in the Eagle Ford in 2014

Rosetta Resources Eagle Ford Acreage Map By Area
Rosetta Resources Eagle Ford Acreage Map By Area

Rosetta Resources will spend approximately tw0-thirds of its $1.1 billion budget in 2014 in the Eagle Ford.

The company will spend $735 million running 4-5 rigs, with plans to drill and complete 90-95 gross wells. Approximately half of the activity will target the Eagle Ford from the company's Gates Ranch leases.

Read more:Rosetta Acquires Additional Eagle Ford Interests at Gates Ranch

As a result of Eagle Ford and Permian Basin growth, Rosetta expects production to grow 20-30% to 60,000-65,000 boe/d.

The 2014 capital plan is structured to deliver between 20 and 30 percent combined production growth from our Eagle Ford and Delaware Basin assets. The program reflects increasing activity as we initiate broader scale horizontal development in Reeves County and further expand development in new areas of our current Eagle Ford position,” said Jim Craddock, CEO. “We will continue to focus our efforts on integrating our West Texas assets while continuing to efficiently execute the development of our Eagle Ford leases.

Rosetta will run six rigs and spend $265 million in the Permian Basin in 2014.

Also read:Rosetta Has Yet To Complete 23% of Its Eagle Ford Wells

Fourth Quarter Operational Delays Impact Production

Rosetta's fourth quarter 2013 production was negatively affected several issues that are estimated to have lowered production by ~4,000 boe/d. Rosetta expects fourth quarter production will average 52,000 boe/d and full-year 2013 production will average 50,000 boe/d.

  • Operational issues on a third-party gathering system
  • Operational issues at a third-party processing plant
  • Wells shut-in due to adjacent well completions
  • Rosetta compressor station fire

Jim Craddock, CEO, commented, "Our strength is our people and our personnel have done a great job of minimizing the impacts of several external hurdles we faced this quarter. We look forward to discussing our fourth quarter results, as well as our outlook for 2014, with investors in February."