Eagle Ford Shale

Comstock Resources Reports On Initial Eagle Ford Shale Wells

Comstock Resources (CRK) reported financial results for the fourth quarter of 2010 and updated investors on its Eagle Ford Shale development program.  The company has completed its first three wells into the formation.

The NWR #1H well is located in Atascosa County and produced an initial rate of 381 barrels of oil per day utilizing a restricted choke.  The NWR #1H well was drilled to a vertical depth of 8,706 feet with a 5,209 foot lateral.

The Rancho Tres Hijos #1H well was drilled in McMullen County and produced at an initial rate of 432 barrels of oil per day utilizing a restricted choke.  The Rancho Tres Hijos #1H well was drilled to a vertical depth of 8,715 feet with a 4,091 foot lateral.

The Coates #1 well is located in Karnes County and was drilled to a vertical depth of 9,706 feet with a 5,422 foot lateral.  The Coates #1well is currently flowing back hydraulic fracturing fluid and Comstock Resources did not report production numbers on this Eagle Ford Shale well.

Comstock Resources reported a shallow production decline on both the NWR #1H and Rancho Tres Hijos #1H Eagle Ford Shale wells.

Comstock Resources Updates Eagle Ford Shale Operations

Comstock Resources (CRK) issued an operations update on its oil and gas activities in various domestic basins, and provided information on its Eagle Ford Shale properties. 

Comstock Resources has started development of its acreage in Atascosa, Karnes and McMullen counties that is prospective for the Eagle Ford Shale.  The company has drilled two vertical wells, and expects to complete them in November 2010.  A third well is currently being drilled.

The Rancho Tres Hijos #1H well was drilled to a vertical depth of 11,020 feet with a 4,091 foot lateral.  This Eagle Ford Shale well is located in McMullen County, Texas.

The NWR #1H was drilled to a vertical depth of 8,715 feet with a 5,209 foot lateral.  This Eagle Ford Shale well is located in Atascosa County, Texas.