PetroQuest Energy (PQ) issued an operations update for the third quarter of 2011and disclosed additional information on the company’s activity in the Eagle Ford Shale. The company reported the production results of two operated wells recently completed to this formation.
The two wells had twenty four maximum gross daily production rates of 363 and 543 barrels of oil equivalent (BOE) per day. These Eagle Ford Shale wells are located in LaSalle County, Texas, and were the company’s second and third operated wells into the Eagle Ford Shale.
PetroQuest Energy also participated in two non-operated wells during the third quarter of 2011 and said that these wells were currently flowing back.