Newfield Energy's net production in the Eagle Ford was 11,000 boe/d in the first quarter of 2014. That's down slightly from the company's fourth quarter 2013 production when well pads in the company's West Asherton area first came online.
Read more: Newfield's Eagle Ford Production is Set to Surge at Year End
Newfield's Eagle Ford Operations Update
Newfield is currently running a single rig program to develop its West Ahserton field and Fashing area. In the first quarter of 2014, five Eagle Ford wells were placed online, with a 24-hour gross average initial production (IP) rate of 911 boe/d. The 30-day rate was 799 boe/d.
Production is expected to maintain current levels throughout 2014 and grow approximately 30% year-over-year in the play. Newfield plans to drill 20 wells during the year. Thats down from 29 wells in 2013.
Newfield's Ealge Ford First Quarter Highlights
- 11,000 boe/d in production
- Single rig programming running to develop West Asherton Field and Fashing area
- Five wells placed online
Read more at newfield.com