Eagle Ford Shale

Sanchez Energy Corporation - Eagle Ford Shale Project Summary

Sanchez Energy Corporation (SN) recently provided a summary of the company’s three Eagle Ford Shale project areas in Texas.

Palmetto Project - Sanchez Energy has a 50% working interest in 9,400 net acres in Gonzales County, Texas.

Marquis Project - Sanchez Energy has a 100% working interest in 54,900 net acres in Fayette and Lavaca Counties in Texas.

Maverick Project - Sanchez Energy has an 80% working interest in 26,400 net acres in Zavala and Frio Counties in Texas.

Sanchez Energy Corporation estimates that it has 750 net drilling locations into the Eagle Ford Shale with an estimated total resource potential of approximately 250 million barrels of oil equivalent.

Sanchez Energy Reports Two Eagle Ford Shale Completions

Sanchez Energy Corporation (SN) reported the completion of two recent wells drilled into the Eagle Ford Shale in Texas.  The company has 91,000 net acres with 750 net drilling locations exposed to this play.

Sanchez Energy Corporation reported that the Barnhart #5H well had average production of 1,318 barrels of oil equivalent (BOE) per day during the first 30 days of production.  The well was drilled with a 5,991 foot lateral and a 17 stage hydraulic fracturing operation.

Sanchez Energy Corporation reported that the Barnhart #6H well had average production of 1,235 BOE per day during the first 30 days of production.  The well was drilled with a 5,998 foot lateral and an 18 stage hydraulic fracturing operation.

Both wells are located at the Palmetto project area in Gonzalez County, Texas.

EOG Resources Reports Eagle Ford Shale Wells In Gonzales County

EOG Resources (EOG) issued a third quarter of 2011 update on its operations in the Eagle Ford Shale and disclosed the following production rates on recent wells drilled in Gonzales County, Texas.

Mitchell Unit #1H – 2,821 barrels of oil and 2.8 million cubic feet of natural gas per day.

Mitchell Unit #2H- 3,090 barrels of oil and 2.9 million cubic feet of natural gas per day.

Meyer Unit #1H – 2,372 barrels of oil and 1.8 million cubic feet of natural gas per day.

Meyer Unit #2H – 1,600 barrels of oil and 2.2 million cubic feet of natural gas per day.

Meyer Unit #6H - 2,918 barrels of oil and 2.7 million cubic feet of natural gas per day.

EOG Resources reported that six Eagle Ford Shale wells in the Kerner Carson Unit had initial production rates ranging from 1,580 to 2,239 barrels of oil per day. These wells also produced from 1.2 million to 1.9 million cubic feet of natural gas per day.