Swift Energy (SFY) updated its operations in the Eagle Ford Shale for the second quarter of 2010. The company drilled the Hayes 1H, San Miguel Ranch 1H, Discher 1-H and PCQ #4H wells in McMullen County, Texas during the quarter.
The Hayes 1H was completed with a seven stage hydraulic fracturing operation and had an initial production rate of 336 barrels of oil per day and 500,000 cubic feet per day of natural gas.
The San Miguel Ranch 1H was completed with a twelve stage hydraulic fracturing operation and had an initial production rate of 775 barrels of oil per day and 1.1 million cubic feet per day of natural gas.
The Discher 1-H well was completed with a fourteen stage hydraulic fracturing operation, and initial production is expected shortly. Swift Energy reported that the PCQ #4H well is currently being completed.
