Link here over at SeekingAlpha:
- Eagle Ford production per location improved 20% yoy from 2016 compared to Midland's 32.5% and the Delaware's 18%
- we expect more locations in DeWitt County as it continues to outperform on an oil production basis
- although non-core areas are not nearly as prolific, there
is a rather wide area that can be developed with very good payback
times
- a number of huge Eagle Ford locations have been completed
recently, and although many have targeted the Austin Chalk it benefits
the play
Our recent articles on the Permian's well design driven oil production
improvements is also seen in other US plays. The evolution of design has
been occurring over years. It is in Texas, Oklahoma, North Dakota,
Colorado, Ohio and Pennsylvania. Each play will react differently to
those changes.
We have seen a number of huge wells from several
operators in the Eagle Ford. The Permian focus has drowned out talk of
Gonzales and Karnes counties.
We think the Eagle Ford has been
overlooked, but recent monster wells in the core could become more often
than not. Better economics should push operators to increase production
in the coming months as oil prices trade higher. We think WTI will
increase to $70/bbl or $75/bbl this driving season.
These are the wells (indicated by the arrows) that interest me:
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