Friday, August 10, 2012

Monster Wells Being Drilled Near Hochheim

Eagle Ford Hochheim Area "Monster" Wells

 The CEO of EOG Resources recently made official what everyone already knows, that the over-pressure volatile oil window around Hochheim is far and away the most productive area of the Eagle Ford. One of the Boothe wells came in recently at 4,820 barrels of oil per day with 972 barrels of NGLs and 4.5 million cubic feet of natural gas per day. The conversion of NGLs and gas makes the well officially produce 6,642 barrels of oill equivalent per day. Not bad.

   Operators in the volatile oil window along Gonzales/DeWitt counties are actively pursing a down spacing drilling program. Rosetta Resources is even experimenting with 55 acre wells. The Rosetta presentation below shows what looks to me like their best case expectation of 5 million barrels of oil per 195 acres. I did the math and it came out to 25,641 boe per acre if I divided correctly.

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