Comstock Resource's Average Eagle Ford IP is 565 boe/d in 2012

Comstock Resource Eagle Ford Map
Comstock Resource Eagle Ford Map

Comstock Resources Eagle Ford wells have come online at an average of 565 boe/d in the first half of 2012. The Donnell C #1H, the Carlson C #1H and the Hubberd #3 H in McMullen County were the best wells brought to production in the second quarter of 2012 and produced 938, 862 and 793 BOE per day, respectively.

The company's restricted choke program continues to prove it is beneficial. 29 wells have been producing more than 90 days under the restricted choke program and yielded average production rates of 679 boe/d IPs, 524 boe/d in the first 30 days, and 453 boe/d in the first 90 days. That's just a 33% decline in the initial 24-hour period and the average for the first 90 days.

Comstock estimates its has 277 potential drilling locations, with expected gross EURs of 500,000 boe per well yielding net resource potential of 78 million boe. The company operates a total of 35,000 gross (28,000 net) acres in the Eagle Ford and recently CRK & KKR signed an Eagle Ford JV Agreement.

Read the company's full Q2 press release at comstockresources.com

Comstock's Restricted Choke Program Proving Successful

Comstock Resources' restricted choke program is showing early success in the Eagle Ford Shale. The company's first 19 wells tested came online at 24-hour peak production rates of 782 boe/d and averaged 584 boe/d for the first 30 days and 514 boe/d for the first 90 days. That's a drop of less than 35% from the peak 24-hour rate to the 90 day rate. Read more at our Comstock Resources Eagle Ford page.

FYI - Restricted Choke means the company isn't producing the reservoir as quickly as it could. They are literally choking back production. This is common practice in high pressure formations. The hope is that reservoir integrity will hold at a higher level, longer. The end game they're shooting for is higher production over the lifetime of the well.