Swift Energy Company (SFY) reported an update on its operations in the Eagle Ford Shale during the second quarter of 2011.
Swift Energy Company reported the completion of only four wells in McMullen County, Texas during the second quarter of 2011. This was caused by the company releasing one of its dedicated hydraulic fracturing fleets during the quarter. The company now as an inventory of seven Eagle Ford Shale wells that have been drilled but not yet completed.
Swift Energy Company drilled and completed the SMR EF 3H well into the Eagle Ford Shale during the second quarter of 2011. The SMR EF 3H well had an initial production rate of 1,230 barrels of oil, 780,000 cubic feet of natural gas and 60 barrels of natural gas liquids per day.