EOG Resources Reports Marcellus Shale Well Completions

02/20/2011

EOG Resources Reports Marcellus Shale Well Completions

EOG Resources (EOG) released an operational update on its operations in the Marcellus Shale, where the company has 210,000 net acres under lease.

EOG Resources completed the Hoppaugh No. 3H Marcellus Shale well on its 50,000 net acre position in Bradford County, Pennsylvania. The company reported a test rate of 14 million cubic feet of natural gas per day.

EOG Resources also completed three Marcellus Shale wells on its acreage in Clearfield County, Pennsylvania, and reported completion rates ranging from 7 million to 9 million cubic feet of natural gas per day.

Posted on 02/20/2011 at 08:49 AM in Acreage, Bradford County, Clearfield County, Company News, EOG Resources, Hoppaugh No. 3H, Initial Production, Natural Gas, Net Acres, Operational Update, Pennsylvania, Well Completions, Well Results | Permalink

Tags: condensate, Energy, energy investing, energy stocks, EOG Resources, exploration and production, exploration and production stocks, fracturing stages, horizontal drilling, hydraulic fracturing, investing, lateral length, Marcellus Shale, natural gas, natural gas liquids, oil, Pennsylvania, stock market