Eagle Ford Shale: Recent Million-Barrel Wells May Re-Ignite Western Portion Of The Play
- npatel81
- Nov 13, 2013
- 1 min read
http://seekingalpha.com/article/1835732-eagle-ford-shale-recent-million-barrel-wells-may-re-ignite-western-portion-of-the-play?source=feed ByRichard Zeits:
One of the most notable positive surprises during this earnings season in the Exploration and Production sector was the announcement by EOG Resources (EOG) of uncharacteristically strong well results in the western portion of the Eagle Ford Shale play.
Very high oil productivity of certain areas in the eastern portion of the Eagle Ford has been widely publicized and confirmed by many “monster” well results, with some of the IPs exceeding 5,000 barrels of oil per day, plus significant amounts of associated liquids-rich gas. Those wells have largely defined the play’s “core of the core” as a narrow band along the volatile oil and condensate windows, mostly in Gonzales and Karnes Counties (picture below). The western half of the play on the other hand, has lagged substantially in terms of well results, challenging operators to make competitive returns on their projects. Royal Dutch Shell (RDS.A, RDS.B), for example, has
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