Barnett Shale

EOG Resources Reports Production On Six Barnett Shale Wells

EOG Resources (EOG) reported the production results for six wells drilled into the Barnett Shale combo play in Montague County in Texas.  The names and the initial production rates of these Barnett Shale wells are:

Ketchum Unit #1H – 496 barrels of oil and 354,000 cubic feet of natural gas per day.

Ketchum Unit #2H - 638 barrels of oil and 455,000 cubic feet of natural gas per day.

The Farrell Unit A #1H, Farrell Unit A #2H, Farrell Unit B #3H and Farrell Unit B #4H wells had initial production rates ranging from 335 to 475 barrels of oil per day and from one million to 1.4 million cubic feet of natural gas per day.

EOG Resources Reports Nine Barnett Shale Combo Completions

EOG Resources (EOG) reported on the development of the Barnett Combo play in the Fort Worth Basin in Texas.  The company is active in Cooke and Montague counties and disclosed the results of nine wells completed during the second quarter of 2011.

Cooke County

The Gaedke A Unit #3H, Gaedke A Unit #4H, Gaedke B Unit #5H, Gaedke B Unit #6H and Gaedke B Unit #7H had production rates ranging from 338 to 696 barrels of oil per day, along with 807,000 to 2.15 million cubic feet of natural gas per day.

Montague County

The Stoddard A Unit #1H, Stoddard B Unit #2H, Stoddard C Unit #3H and Stoddard D Unit #4H had production rates ranging from 777 to 918 barrels of oil per day, along with 1.2 million cubic to 2.6 million cubic feet of natural gas per day.

EOG Resources Reports Four Barnett Shale Completions

EOG Resources (EOG) reported earnings for the fourth quarter of 2010 and released additional information on its operations in the Barnett Shale Combo play.  The company drilled a total of 230 net wells into this formation in 2010.

EOG Resources reported that it has improved the efficiency of its drilling, which has led to lower costs and higher estimated ultimate recovery per well.  The company reported the following Barnett Shale Combo completions:

Ava Unit #1H – 337 barrels of oil and 311,000 thousand cubic feet of natural gas per day.

Ava Unit #2H – 489 barrels of oil and 524,000 thousand cubic feet of natural gas per day.

Hailey Unit #1H - 335 barrels of oil and 207,000 thousand cubic feet of natural gas per day.

Hailey Unit #2H - 320 barrels of oil and 261,000 thousand cubic feet of natural gas per day.

EOG Resources said that these four Barnett Shale Combo wells are located in Montague County, and contain natural gas liquids as well.