Friday, August 3, 2012

EOG Resources announces “Monster” Eagle Ford Wells
Oil & Condensate daily IP near 6,000 barrels per day + 4.5 Mmcfd natural gas
During the 2Q conference call on 8/03/2012 CEO Mark Papa announced that EOG had drilled 16 “monster” wells in the Eastern portion of the Eagle Ford near Hochheim.
In the South Texas Eagle Ford, EOG drilled its best well to date. The Boothe Unit #10H in Gonzales County began initial production at 4,820 barrels of oil per day (Bopd) while an offset well, the Boothe Unit #9H, had an initial production rate of 3,708 Bopd. The Boothe wells produced 972 and 527 barrels per day (Bpd) of natural gas liquids (NGLs) and 4.5 and 2.4 million cubic feet per day (MMcfd) of associated natural gas production, respectively.

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