EOG's Eagle Ford Is Able to Organize Drilling Program
OREANDA-NEWS. Building on initial positive tests in 2014, high-density completions are planned for about 95 percent of EOG's Eagle Ford wells in 2015. The company's integrated completions process combines high-density completion techniques with tailored individual well designs to improve well productivity and lower decline rates. In addition, with significantly fewer lease retention wells in 2015, EOG is able to organize its drilling program to maximize efficiencies and reduce well costs. These enhancements further the resiliency of the leading North American crude oil play in a low oil price environment.
During the first quarter 2015, EOG continued to achieve strong well results throughout the company's industry-leading 561,000 net acre position in the Eagle Ford oil window. In the eastern Eagle Ford, the Lefevre Unit 14H and 12H in Gonzales County had initial production rates of 3,550 and 2,890 barrels of oil per day (Bopd), 560 and 440 barrels per day (Bpd) of natural gas liquids (NGLs), and 3.9 and 3.1 million cubic feet per day (MMcfd) of natural gas, respectively.
In LaSalle County in the western Eagle Ford, a five-well pattern on the Naylor Jones Unit 39 (1H and 2H) and Unit 49 (1H, 2H and 3H) leases began production with average initial rates per well of 2,550 Bopd, plus 280 Bpd of NGLs and 1.4 MMcfd of natural gas. In McMullen County, the Bilbo Unit 1H and 2H averaged initial production rates of 2,660 Bopd, 230 Bpd of NGLs and 1.2 MMcfd of natural gas.
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