Petrohawk Energy Corp's success in the Eagle Ford soon spurred a massive staking rush. EOG Resources Inc (EOG-N) November 27, 2013. A key level of resistance has formed in the chart of EOG Resources Inc. Eagle Ford Region +82 -90 -8 Indicated change in oil production (Jun vs. EOG Resources also has operations at the Fort Worth Basin and the Eagle Ford Shale in Texas, and the Powder River Basin in Montana and Wyoming. 's focus on the Texas Eagle Ford shale formation is now paying off. EOG officials expect continued production growth in the Eagle Ford, with a current drilling inventory of 12 years. EOG Boosts Production With EOR Program In Eagle Ford Research shows the company has been able to yield up to 80% more oil in the Eagle Ford from its gas injection process. By OGJ editors HOUSTON, Nov. EOG Resources, Inc. 37 billion bbl of oil and 2. is using enhanced oil recovery in a novel way to pull more oil from the Eagle Ford Shale in South Texas, injecting natural gas into existing wells, which is boosting recovery at a lower price. It's not every day that a country gal ends up on MSNBC, Morning Joe, Ali Velshi, and Lawrence O'Donnell all on the same day while out in the Texas fracking zone. 2 miles northwest of Gillett at the J Nesbit Survey, Abstract 219. EOG Resources, Inc. Operated production remains concentrated, as five companies - EOG, Chesapeake, Marathon, ConocoPhillips, and. Chesapeake Energy currently has the most active rigs in the region at 17 rigs where it holds 445,000 net acres through a partnership with CNOOC. 1), according to the U. In the Permian's Delaware Basin and the Eagle Ford formation in south Texas, where the vast majority of EOG's well are located, the number that are on line fell from Q1. EOG Resources is an oil and gas producer with acreage in several U. South Texas Eagle Ford. There are many companies acquiring acreage. 097751BM2 300000. 2 MMcfd of natural gas and the Neets Unit 9H with average 30-day initial production. " The lower expenses will come with by a drop in drilling activity in all operating areas. 369 MMbopd put to sales in February (Fig. From Business Journals. On June 11, 2012 Eagle Ford Oil & Gas Corp. Advertisement. Some of these oil stocks include: NuStar Energy - Spun off from Valero, NuStar is an oil transportation company that currently operates…. But another huge factor is the Eagle Ford formation in Texas, which many believe has become the most profitable oil play in the world:. 2 billion barrels of oil equivalent. EOG Resources, Inc. Eog eagle ford news Eog eagle ford news. is using enhanced oil recovery in a novel way to pull more oil from the Eagle Ford Shale in South Texas, injecting natural gas into existing wells, which is boosting recovery at a lower price. An exploration drive by EOG Resources Inc. In the Delaware Basin, the. Eog eagle ford news" In the play Jan 27, 2011 · EOG Resources (EOG) announces major oil discovery in the Eagleford Shale - In South Texas, EOG has accumulated acreage across six counties in the Eagle Ford Play. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. 049316915280 long ec corp us n 1 n n n eagle matls inc 529900krxrgxl61sg039 65473p105 115245. EOG also is planning to complete 15. Capital Efficiency. Sentry/EOG spud the Eagles Ranch 14H-1 on May 23. has led to a large natural gas play believed to have an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations. The clusters appear to be in the same relative structural zone in the more downdip portion of the play. Roughly 90 operators generated volumes from the play in 2016, though only 42 brought at least one new well on stream that year. Some key companies are EOG, Petrohawk and Pioneer. Similar properties in. Shareholders receive just a 0. 6 billion barrels. (NYSE: EOG) has a market value is around $47. With a planned measured depth of 21900', it will be interesting to see how long it takes to drill this well. George Grinestaff, CEO, Shale IOR, at Hart Energy's recent DUG Eagle Ford Conference and Exhibition. Primarily a gas field with smaller oil plays, it boasts proven reserves of 3. From Business Journals. Jun 14, 2021 · MONTR?AL, June 14, 2021 -- Bullion Gold Resources Corp. EOG earnings call for the period ending March 31, 2021. Nov 3, 2010 3:05 PM EDT. 2 miles northwest of Gillett at the J Nesbit Survey, Abstract 219. Loren Leiker - Senior. EOG Resources is an oil and gas producer with acreage in several U. James terminal in Louisiana where companies are currently receiving. 2 days ago · 2 days Earthstone Energy Announces Eagle Ford Bolt-On 21 hours Clean Energy Fuels vs. 2 days ago · Earthstone Energy Announces Eagle Ford Bolt-On Acquisitions of 1,150 Boepd. Eagle Ford Trend - any interest? Started by Mark in General. At the end of 2020, it reported net proved reserves. (Image: Mary Holcomb, Hart Energy). EOG, the largest operator, saw already some decline in well results in 2019: Actual and forecasted well performance for EOG in the Eagle Ford. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. 6 trillion cubic feet of natural gas through the end of 2016. Similar properties in. Local news and events from Eagle Rock, CA Patch. Jun 14, 2019 · Bakken: N/A Barnett: 0. 1H Sawyer A and 2H Sawyer B a length of 10,000 feet in the. EOG Resources acquired 162 new permits from January to October, while ConocoPhillips acquired a total of 157 new permits through its subsidiary Burlington Resources. March oil production came in at about 1. 83, up just over 13% on Tuesday. The company began leasing in the oil window before many thought producing liquids from the formation would yield economic wells. Maybe now is the time for. A map of wells permitted and completed in Eagle Ford (Credit: eaglefordshale. EOG says it has a $15-$20/b cost advantage over the rest of industry, which needs "sustained $60-$65 oil price EOG Resources says it has confirmed success of its internally-developed enhanced oil recover process in the Eagle Ford and Permian shale basins following more than three years of testing in four successful pilot projects with 15 producing wells. 00000000 ns usd 17855039. 9 billion for 2021, which it said can be funded within cash flow at a $32 WTI oil price. Re-seeding native plants on oil well sites, ROW, and other energy infrastructure creates. Horizontal well Kowalik 228-1R 10H flowed 2,806 bbl of oil, 5,172 MMcf of gas and 743 bbl of water. 00 and the low price target for ELDN is 2 days ago · The Zacks Consensus Estimate for EOG Resources, Diamond Energy and Matador Resources' 2021 earnings has moved up 98. At the end of 2020, it reported net proved reserves. October 27, 2016. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. Maybe now is the time for. 37 billion bbl of oil and 2. EOG and GulfTex crack code in Austin Chalk. In the Delaware Basin, the. is developing the eagle ford shale with a focus in Webb, Gonzales, La salle, Karnes, De witt, Atascosa, Mc mullen, Leon, Madison, Wilson, Walker and Lavaca counties. (TSX-V: BGD) ("Bullion Gold" or the "Corporation") is pleased to announce that, further to its previously disclosed option. Local news and events from Eagle Rock, CA Patch. 6 trillion cubic feet of natural gas through the end of 2016. Jun 14, 2019 · Bakken: N/A Barnett: 0. At EOG Resources Inc. Follow the topics you want and receive the daily. In addition to EOG and Marathon's focus to the east, WildHorse Resource Development Corp. EOG Resources stock closed at $16. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts that it completed 28 ?monster wells? in a six-month period, which it defines as having initial production rates from 2,500 and 4,800 barrels of oil per. 7 Plains E&P 17 12% 4 27 87 19. 45 in Q1, but rose in the Eagle Ford in South Texas and Bakken formation. 2 billion barrels of oil equivalent, up from 1. The $49 Stifel price target was raised to $73, while the consensus target is only $39. Operated production remains concentrated, as five companies - EOG, Chesapeake, Marathon, ConocoPhillips, and. 1), according to the U. The company’s operations are also spread across China and Trinidad. If it is to maintain or even expand production in the coming years it will need new viable acreage. 2 days ago · Earthstone Energy Announces Eagle Ford Bolt-On Acquisitions of 1,150 Boepd. Enterprise to Provide Crude Oil and Natural Gas Midstream Services for EOG Resources in the Eagle Ford Shale. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts that it completed 28 ?monster wells? in a six-month period, which it defines as having initial production rates from 2,500 and 4,800 barrels of oil per. Its presence is particularly strong at Eagle Ford and the Permian's Delaware Basin. It contains a much higher carbonate shale percentage: upwards of 70% in south Texas. 7 billion — in the spending plan it announced just weeks ago. admin November 20, 2017 Eagle Ford News No Comments. Energy companies start hiring as producers look to drill 'more intelligently'. Eagleville (Eagle Ford-2) field, 1. February. Cabot Oil and Gas (NYSE: COG) announced in its March, 2012. "In order to generate higher rates of return, the company has elected to defer some of its production until oil prices recover," the company said in. The company has since amassed a position of almost 650,000 acres that stretches from Gonzales County down to La Salle and Webb counties. Capital Efficiency. 4 - El Paso Corp. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. he expects it to be used in the Haynesville-Bossier fields around the Texas/Louisiana border and in the Eagle Ford fields close to the. For an E&P company with a market cap north of $50 billion, EOG Resources Inc has been posting quite rapid growth rates. EOG Market Insider is a business news aggregator for traders and. June 16, 2016 | San Antonio Business Journal. 028286333091 Long DBT CORP CA N 2 2025-03-15 Fixed 7. Latest headlines: Fireworks Shows Returning; Marilyn Monroe Statue: Saturday Smiles; US Will Restore $1B For California's Troubled Bullet Train. Interestingly, the drilling and completion costs at Eagle Ford and Delaware Basin. today announced that its operating subsidiaries have entered into long-term agreements with EOG Resources, Inc. In recent Eagle Ford news, Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. Some of these oil stocks include: NuStar Energy - Spun off from Valero, NuStar is an oil transportation company that currently operates…. EOG Resources and ConocoPhillips were the two leaders in applying for new permits in the Eagle Ford shale in 2020. He is taking all the oil nonsense and eliminating it. Oct 21, 2019 · Research shows the company has been able to yield up to 80% more oil in the Eagle Ford from its gas injection process. Based on well results available thus far, our initial analysis shows that the. , one of the Eagle Ford Shale's leading oil producers, has filed for Chapter 11 bankruptcy. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. Net production averaged 754 thousand barrels of oil equivalent per day in 2020 at a ratio of 72% oil and natural gas liquids and 28%. Jordan Erickson, who. She thinks Eagle Ford will surpass Bakken as EOG's top oilfield by 2013. MINNEAPOLIS - Värde Partners ("Värde") and Titanium Exploration Partners, LLC ("Titanium") today announced they have acquired oil and gas assets in the STACK play in Oklahoma (the "STACK Acquisition") and in the Eagle Ford Shale play in Texas (the "Eagle Ford Acquisition"). There's no telling how the spending cut will impact the Eagle Ford, where EOG is the largest producer of oil. 2 days ago · 2 days Earthstone Energy Announces Eagle Ford Bolt-On 21 hours Clean Energy Fuels vs. At the end of 2020, it reported net proved reserves of 3. State Drillin. There are many companies acquiring acreage. The Eagle Ford is EOG's largest high-return play, according to the update. , on the other hand, announced plans to focus their exploration efforts on the Eagle Ford and Delaware Basin in West Texas. 83, up just over 13% on Tuesday. Most importantly, EOG Resources is among the leading players in the Bakken play and the largest in the Eagle Ford. Eagleville (Eagle Ford-2) field, 1. The Eagle Ford formation has produced approximately 2 billion bbl of oil during the last 7 years, yet its potential may be even greater. EOG Resources to expand EOR programme for Eagle Ford shale US independent EOG Resources is expanding its ground-breaking enhanced oil recovery programme in the Eagle Ford shale play in Texas after. 4 - El Paso Corp. EOG's well results in the Eagle Ford continue to lead the industry. Latest EOG data shows that 2/3 of its drilling opportunities in the Eagle Ford have been utilized, suggesting it is now in the end-game, mostly involving lower quality acreage. EOG Market Insider is a business news aggregator for traders and. Primarily a gas field with smaller oil plays, it boasts proven reserves of 3. of Recommendations: 0. During the quarter, 27 wells were put to sales with initial production rates in excess of 2,500 barrels of crude oil per day (Bopd. EOG continued to achieve strong well performance and capital efficiencies in the Eagle Ford during the first quarter 2016. By year end, EOG’s premium inventory totaled 8,000 net locations and 7. One measure of the intensity of our future Eagle. By year end, EOG's premium inventory totaled 8,000 net locations and 7. A new analysis made available this past week by one of the largest producer in the Eagle Ford - EOG Resources - throws a curve ball into the ongoing debate about how much condensate is being produced in Eagle Ford. The Eagle Ford and Bakken shale fields are set to lose 15 Mbbl/d and 12 Mbbl/d, respectively, between March and April, as the likes of Marathon Oil (MRO) and Hess (HES) focus on capital efficiency. While more widespread use has been in the Permian and Eagle Ford basins, EOG praised the technique as it moved it to other assets—particularly on 2. Factors to Note. 37bn cfd of gas in the 2019. Several attributes put the Eagle Ford among the most profitable shale basins in the U. Big changes for South Texas Hundreds of thousands of acres are being leased across South Texas, from the Mexican border in the southwest to Louisiana to the northeast, and several hundred wells are currently permitted. announced a 31% reduction of its 2020 capital plan to $4. Rosetta Resources Inc. Steven Wentworth, Vice President, Land; Paul Boland, Division Land Manager, Eagle Ford; Nathan Stephenson, Division Land Manager, Artesia, New Mexico; Click on an executive to view his biography > Latest M&A news in Oil & Gas. 4 miles west of Gillett at the E Cobb Survey, Abstract 78. Like the Eagle Ford, it stretches from the Mexican border into Louisiana. Most searched biographies at EOG Resources Land. is developing the eagle ford shale with a focus in Webb, Gonzales, La salle, Karnes, De witt, Atascosa, Mc mullen, Leon, Madison, Wilson, Walker and Lavaca counties. Last reply by Not Mark P. Eagle Ford Shale, of South Texas in the US, has re-emerged as an attractive destination for oil and gas companies over the next four years, according to a report by GlobalData. has led to a large natural gas play believed to have an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations. EnerVest Announces Sale of Eagle Ford and Austin Chalk Assets for $2. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2020, it reported net proved reserves of 3. Capital Efficiency. ( EOG - Get Rating ). Below are a list of some of the oil stocks based in the Eagle Ford Shale area we think you should keep a good eye on and might be worth buying during 2012. EOG said it currently plans to bring about 485 net wells on to production for 2020 compared with the original forecast of 800 wells, focusing on the Delaware basin and South Texas Eagle Ford basin. The Eagle Ford Shale rig count gained one this week, increasing the total to 87 rigs running across our coverage area by midday Friday. 3 million bo/d, after upcoming revisions, 5% higher than a year. Image source: The Motley Fool. (Image: Mary Holcomb, Hart Energy). Eagle Ford Region +82 -90 -8 Indicated change in oil production (Jun vs. has been actively acquiring leases adjacent to Bluebonnet and are currently drilling three Eagle Ford shale wells. By year end, EOG's premium inventory totaled 8,000 net locations and 7. EOG Resources: Which Natural Gas Stock is a Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock. The Eagle Ford Shale is located in the Gulf Coast Basin in South Texas, covering 12,000 square miles. In the Eagle Ford and Permian, EOG has set records for drilling time. However, from a pound for pound well economics standpoint, the Eagle Ford Shale is currently a formidable challenger to the Permian due to several advantages in key areas: breakeven prices, well. 3 BnBoe of estimated net resource potential in geologic sweet spots across six areas, the Delaware Basin, Eagle Ford, Bakken, Powder River Basin, DJ Basin and Eastern Anadarko Basin. Apparently there was a blowout yesterday evening at an EOG site in the Eagle Ford Shale but no workers were hurt. Tight oil output in the Eagle Ford was down by 300 thousand b/d in January y-o-y, but flat m-o-m. Saltwater was traditionally hauled by 18. Currently, the only source for this story is Drilling Ahead where they have some photos posted without attribution. of Recommendations: 0. ( EOG) today updated its full-year 2020 capital plan as a result of the significant decline and increased volatility of commodity prices. A map of wells permitted and completed in Eagle Ford (Credit: eaglefordshale. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. Per the preliminary data released by the. EOG Resources ( NYSE:EOG) Q1 2021 Earnings. Eagle Ford Shale Map As you can see by the above map, most of the production in the Eagle Ford has come from the oil and condensate windows. EOG Resources, Inc. The Houston-headquartered company shared news about its Dorado prospect in the Gulf Coast Basin on Nov. 4 miles west of Gillett at the E Cobb Survey, Abstract 78. 045 Haynesville - E. EOG remains the top operator for permits filed in the Eagle Ford. South Texas Eagle Ford. The upstream player’s extensive reach to these key shale resources will likely. The Eagle Ford Shale rig count gained one this week, increasing the total to 87 rigs running across our coverage area by midday Friday. This shale blog is meant for people interested in keeping up on the latest shale news across the USA & Canada. EOG said it has 5,500 remaining locations to drill in the Eagle Ford - about 11 years of drilling inventory. EOG officials expect continued production growth in the Eagle Ford, with a current drilling inventory of 12 years. South Texas - Eagle Ford. "In certain high-risk areas, we evacuated non-essential personnel, suspended drilling operations and shut-in production," EOG spokeswoman Kim Ehmer said. EOG Resources (EOG) Q3 2010 Earnings Call. 2 billion barrels of oil equivalent. 00000000 ns usd 2817740. 5-mile and 3-mile wells. But, with the looming economic crisis, the news went largely unnoticed -- except in the oil and gas industry. In addition to EOG and Marathon's focus to the east, WildHorse Resource Development Corp. Advanced SCADA and digital operating control center drive increased efficiency through automated production trend monitoring and automated alerts on our more than 1,500 producing. If this level is surpassed, a breakout is expected. EOG Resources ( NYSE:EOG) Q1 2021 Earnings. EOG Resources (EOG) provided an oil & natural gas drilling update in the Eagle Ford Shale play located in Gonzales County, Texas. Roughly 90 operators generated volumes from the play in 2016, though only 42 brought at least one new well on stream that year. The country's. 2 billion barrels of oil equivalent. The Eagle Ford Shale is a hydrocarbon producing formation of significant importance. EOG Resources led the push into the oil window of the Eagle Ford Shale oil play. The generation of massive cash in 2021 is likely to help EOG Resources (EOG) to further increase balance sheet strength. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts. 3%, respectively, in the past 60 days. 4 million cubic feet of natural gas per day. From Business Journals. Some key companies are EOG, Petrohawk and Pioneer. EOG Market Insider is a business news aggregator for traders and. 3 BnBoe of estimated net resource potential in geologic sweet spots across six areas, the Delaware Basin, Eagle Ford, Bakken, Powder River Basin, DJ Basin and Eastern Anadarko Basin. When EOG Resources disclosed that it had found a way to get from 30 to 70% more oil from Eagle Ford shale wells, it set off a race among competitors looking for a low-cost way to add reserves by injecting natural gas. EOG is one of the largest operators in both the Eagle Ford and Austin Chalk plays. 's focus on the Texas Eagle Ford shale formation is now paying off. Primarily a gas field with smaller oil plays, it boasts proven reserves of 3. EOG Market Insider is a business news aggregator for traders and. "It is a strong price that includes value for untapped acreage. Similar properties in. By Kevin Crowley on 12/2/2019. 2 billion barrels of oil equivalent. 3 Billion in Eagle Ford Assets. The company holds 590,000 net acres in the play, a majority of which 582,000 acres fall in the crude oil. At the end of 2020, it reported net proved reserves. EOG's Commitment EOG is committed to actively managing and conserving water resources in the communities where it operates. Mar 26, 2021 · However, with the recent divestiture of Eagle Ford asset, the company now expects year-end debt for 2021 to be less than $5 billion, assuming $50 per barrel of crude oil and $2. EOG Resources Inc. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. 097751BM2 300000. 4 - El Paso Corp. 2 days ago · Earthstone Energy Announces Eagle Ford Bolt-On Acquisitions of 1,150 Boepd. In recent Eagle Ford news, Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. Research shows the company has been able to yield up to 80% more oil in the Eagle Ford from its gas injection process. has unveiled a 21 Tcf net natural gas resource in a familiar play in South Texas, which holds an estimated 1,250 net locations in the Austin Chalk and Eagle Ford Shale formations. Investor takeawayRight now, EOG Resources is delivering the best drilling results in the Eagle Ford shale, thanks in part to its focus on drilling higher-density wells. The assets, located in Frio County which is in the Eagle Ford’s oil window ( see map in Eagle Ford IP rates post for reference ), were purchased for $1,999 per acre. Last reply by Mark Nov 13, 2019. Forbes published an interesting article on the company in July. To date EOG has had a 100% success rate with wells drilled in the region. EOG's well blowout in Eagle Ford being investigated Karnes County Sheriff Dwayne Villanueva said his office was notified about a blowout at an oil field near State Highway 119 and Country Road 269 around 7:30 p. Currently, EOG is the largest producer in the Eagle Ford and is also the largest land holder with nearly 550,000 acres. At the end of 2020, it reported net proved reserves of 3. Factors to Note. EOG Resources is the leading oil producer and acreage holder in the Eagle Ford shale. James terminal in Louisiana where companies are currently receiving. EOG News: EOG Resources Promotes Jeff Leitzell to Executive Vice President: 05/17/2021 04:15:00 PM: EOG News: Statement of Changes in Beneficial Ownership (4) 05/11/2021 10:04:16 AM: EOG News: Schedule 13g: 05/10/2021 12:52:37 PM: EOG News: Post-effective Amendment to an Automatic Shelf Registration of Form S-3asr or Form F-3asr (posasr) 05/07. Latest EOG data shows that 2/3 of its drilling opportunities in the Eagle Ford have been utilized, suggesting it is now in the end-game, mostly involving lower quality acreage. Houston-based EP Energy Corp. The company's operations are also spread across China and Trinidad. Rosetta Resources Inc. Most importantly, EOG Resources is among the leading players in the Bakken play and the largest in the Eagle Ford. Its presence is particularly strong at Eagle Ford and the Permian's Delaware Basin. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. It contains a much higher carbonate shale percentage, upwards to 70% in south Texas, and becomes shallower and the shale content increases as it moves to the northwest. According to a new report from the International Energy Agency. The company's completed. While EOG's top production continues to come from its pioneering position in South Texas' Eagle Ford shale, EOG has emerged as one of the most active drillers and producers in the Permian. Major independent oil and gas exploration and production company, EOG Resources Inc. Investor takeawayRight now, EOG Resources is delivering the best drilling results in the Eagle Ford shale, thanks in part to its focus on drilling higher-density wells. We have since completed about 100 gross Austin Chalk oil wells in. Arnold lost a supervisor jobs that earned him ,000 a year and went through a series Student and Military Program. The results of crude oil assay testing provide extensive detailed hydrocarbon analysis. oil producer EOG Resources Inc said on Thursday it has curtailed drilling and shut-in some production in the Eagle Ford shale region of Texas ahead of Hurricane Harvey's landfall. It sold Canadian shallow gas properties for about $320 million in 2010. The Eagle Ford Shale is a hydrocarbon-producing geological formation extending over 26 counties. From Refugio, the sand is taken to a 610,000 area EOG site called the South Texas Eagle Ford, which produces about 53,000 barrels of crude oil equivalents each day. Kitco News Share this article: HOUSTON, Aug 24 (Reuters) - U. has led to a large natural gas play believed to have an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations. Horizontal well Kowalik 228-1R 10H flowed 2,806 bbl of oil, 5,172 MMcf of gas and 743 bbl of water. The Eagle Ford shale is a hydrocarbon-bearing, Late Cretaceous formation that was deposited in a marine continental shelf environment. Advertisement. Jordan Erickson, who. 5 TCF of gas. The Eagle Ford is expected to produce 1. The company holds 632,000 net acres in the play, a majority of which, around 564,000 net acres fall in the. (MFTranscribing) May 7, 2021 at 11:01PM. 0 Murphy E&P 29 21% 2 23 64 18. 3 Billion in Eagle Ford Assets. There are 32 wells spud spread across 6 counties from Webb to Gonzales. " In the play. 37 billion bbl of oil and 2. The crescent-shaped scatter of lights south of San Antonio is the area where the Eagle Ford Shale is being heavily drilled. Similar properties in. 5 TCF of gas. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts that it completed 28 ?monster wells? in a six-month period, which it defines as having initial production rates from 2,500 and 4,800 barrels of oil per. The company has since amassed a position of almost 650,000 acres that stretches from Gonzales County down to La Salle and Webb counties. “We, probably like the rest of the industry, had kind of written off the Austin Chalk,” Thomas said. The $49 Stifel price target was raised to $73, while the consensus target is only $39. 097751BM2 300000. EOG has one more pilot project planned for 2016 - a field scale pilot with 32 wells - and the company is evaluating capital. Recent Eagle Ford Shale News - EOG Resources recently provided their summer 2013 update - EOG's South Texas Eagle Ford crude oil operations surpassed expectations due to ongoing refinements in completion techniques. Disturbing: A nearby resident, who asked not to be identified, said her husband was in the […]. Shale king EOG Resources is the top-dog in the Eagle Ford where it is the largest producer and leading acreage holder. In Gonzales County, EOG completed the Stills Unit 2H with average 30-day initial production rates of 2,775 Bopd, 345 Bpd of NGLs and 2. 00 and the low price target for ELDN is 2 days ago · The Zacks Consensus Estimate for EOG Resources, Diamond Energy and Matador Resources' 2021 earnings has moved up 98. Discussions here should be specifically related to this geographic area. "In certain high-risk areas, we evacuated non-essential personnel, suspended drilling operations and shut-in production," EOG spokeswoman Kim Ehmer said. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts. October 27, 2016. On June 11, 2012 Eagle Ford Oil & Gas Corp. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. EOG Resources, Inc. Its presence is particularly strong at Eagle Ford and the Permian's Delaware Basin. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts. It contains a much higher carbonate shale percentage, upwards to 70% in south Texas, and becomes shallower and the shale content increases as it moves to the northwest. 37 million barrels a day, about 20% below its peak four years ago. TX: Sign in to get the best natural gas news and data. EOG is a leading player in the US shale patch, where it netted 433,000 b/d of liquids and 1. 063412301810 long ec corp us n 1 n n n ford motor co 20s05oyhg0mqm4vuic57 872590104 166279. This interactive presentation contains the latest oil & gas production data from all 22,637 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through March 2019. Like the Eagle Ford, it stretches from the Mexican border into Louisiana. If this level is surpassed, a breakout is expected. At the end of 2020, it reported net proved reserves. The Eagle Ford is expected to produce 1. EOG Resources (EOG) provided an oil & natural gas drilling update in the Eagle Ford Shale play located in Gonzales County, Texas. 4 - El Paso Corp. Feb 10, 2020. 6 trillion cubic feet of natural gas through the end of 2016. Eog eagle ford news Eog eagle ford news. 2 miles northwest of Gillett at the J Nesbit Survey, Abstract 219. The DNR said that another 127 Haynesville Shale wells have been permitted, with drilling progressing on 31. Your access to Member Features is limited. May)-100 100 200 300 May 5,596 MMcf/d Production from new wells Legacy production change Net change Jun 5,564 MMcf/d Indicated change in natural gas production (Jun vs. Eagle Ford Shale, of South Texas in the US, has re-emerged as an attractive destination for oil and gas companies over the next four years, according to a report by GlobalData. This July (2012) there were 251 working rigs in the Eagle Ford play compared with 182 a year ago. With the Permian acquisition, EOG would shift its focus away from the Eagle Ford shale, a more expensive Texas field that had helped the company grow into the largest onshore oil producer in the. Here is a table of some EOG Eagle Ford oil pending data, presumably on the well level. Loren Leiker - Senior. EOG Resources acquired 162 new permits from January to October, while ConocoPhillips acquired a total of 157 new permits through its subsidiary Burlington Resources. We were the first company to drill in the Eagle Ford Shale. We have since completed about 100 gross Austin Chalk oil wells in. The clusters appear to be in the same relative structural zone in the more downdip portion of the play. The upstream player’s extensive reach to these key shale resources will likely. EOG Resources Inc. The largest Austin Chalk oil field is the Giddings Field, located in parts of 7 counties, with cumulative. 37 billion bbl of oil and 2. Indeed, the Permian is in a class of its. EOG is an oil and gas producer with acreage in several U. EOG increased its estimated recoverable potential reserves by 38 percent in the Eagle Ford to 2. Latest headlines: Fireworks Shows Returning; Marilyn Monroe Statue: Saturday Smiles; US Will Restore $1B For California's Troubled Bullet Train. HOUSTON (Reuters) - U. EOG Resources, Inc. Eagle Ford Shale: This is a "night lights" image of southeast Texas from NASA's Suomi satellite. Today, Lewis Energy is the most aggressive Exploration and Production company in this exciting Eagle Ford Shale play. Of the basin’s 17,511 shale oil wells that came online before 2018, 60% are pumping less than 25. EOG Resources (EOG) Q3 2010 Earnings Call. Like the Eagle Ford, it stretches from the Mexican border into Louisiana. Maybe now is the time for. But, with the looming economic crisis, the news went largely unnoticed -- except in the oil and gas industry. Huff 'n' Puff Gas-Injection Pilot Improves Oil Recovery in the Eagle Ford. We currently have 25 wells waiting on completion, which will contribute to the second half oil growth this year. 83, up just over 13% on Tuesday. The Eagle Ford was first targeted as a stand-alone commercial play in 2008, initially as a gas play. 00000000 PA USD 279655. It is twice the size of the Bakken field and a lot closer to the surface so it will cost about 40% less to drill. 26 million from an undisclosed seller. Below are a list of some of the oil stocks based in the Eagle Ford Shale area we think you should keep a good eye on and might be worth buying during 2012. Quite a few, actually, including some large companies. 37bn cfd of gas in the 2019. , one of the Eagle Ford Shale's leading oil producers, has filed for Chapter 11 bankruptcy. Its operations are located in South Texas, including its producing area in the Eagle Ford shale, and in the Southern Alberta Basin in Northwest Montana. It stretches from the Mexican border between Laredo and Eagle Pass up through counties east of Temple and Waco. Exploration and development expenditures for 2020 are now expected to range from $4. Forbes published an interesting article on the company in July. The DNR said that another 127 Haynesville Shale wells have been permitted, with drilling progressing on 31. Allen Gilmer with the Austin-based oil field intelligence firm DrillingInfo said some companies stand. EOG Resources acquired 162 new permits from January to October, while ConocoPhillips acquired a total of 157 new permits through its subsidiary Burlington Resources. Huff 'n' Puff Gas-Injection Pilot Improves Oil Recovery in the Eagle Ford. The Eagle Ford and Bakken shale fields are set to lose 15 Mbbl/d and 12 Mbbl/d, respectively, between March and April, as the likes of Marathon Oil (MRO) and Hess (HES) focus on capital efficiency. Based on well results available thus far, our initial analysis shows that the. The EOG wells with oil production of 400+ BOPD, even up to 1000+ BOPD is very impressive and a good sign of things to come for EOG and the oil window in particular. Latest EOG data shows that 2/3 of its drilling opportunities in the Eagle Ford have been utilized, suggesting it is now in the end-game, mostly involving lower quality acreage. Login; Subscribe; About; Renew. Thirty-one of the permits are for horizontal drilling projects targeting the Eagle Ford Shale formation in Atascosa, DeWitt, Gonzales, Karnes and McMullen counties at total depths varying from. EOG Resources is an oil and gas producer with acreage in several U. EOG Resources, which has headquarters in Houston, said it increased its net potential recoverable reserve estimate from Eagle Ford by 45 percent to 3. Fueled by its recent activity in Carter County, Echo Energy remains the top lessee in. Request PDF | Improving oil recovery of Eagle Ford shale samples using cryogenic and cyclic gas injection methods - An experimental study | Despite containing massive volumes of hydrocarbons. Marathon Completes trio in Eagle Ford (2018-10-22 and 2018-10-24) Three wells on a 9-well pad in the Eagle Ford were completed by Marathon in Karnes County, Texas. EnerVest Acquires $1. 00000000 ns usd 2191408. Houston-based EP Energy Corp. A 2012 Eagle Ford well completions review and presentation to the Society of Petroleum Engineers in Houston, Texas. Re-seeding native plants on oil well sites, ROW, and other energy infrastructure creates. The company's operations are also spread across China and. EOG Resources, Inc. The Eagle Ford produces 1. EOG Resources, Inc. (MFTranscribing) May 7, 2021 at 11:01PM. We're currently running five rigs and we'll ramp up to 12 by year end. THE WOODLANDS, June 14, 2021 - Earthstone Energy Inc. 4 ConocoPhillips 24 17% 14 21 31 4. 2 days ago · 2 days Earthstone Energy Announces Eagle Ford Bolt-On 21 hours Clean Energy Fuels vs. " Ovintiv shares closed up a fraction at $23. 3 BnBoe of estimated net resource potential in geologic sweet spots across six areas, the Delaware Basin, Eagle Ford, Bakken, Powder River Basin, DJ Basin and Eastern Anadarko Basin. But, with the looming economic crisis, the news went largely unnoticed -- except in the oil and gas industry. 2 net BnBoe. Description: EOG Resources is an oil and gas producer with acreage in several U. , and its institutional partnerships today announced new acquisitions in the Eagle Ford. In recent Eagle Ford news, Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. That said, ConocoPhillips. 0 Murphy E&P 29 21% 2 23 64 18. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. Website of the only Eagle Forum founded by Phyllis Schlafly in 1975. EOG said it currently plans to bring about 485 net wells on to production for 2020 compared with the original forecast of 800 wells, focusing on the Delaware basin and South Texas Eagle Ford basin. EOG Resources, Inc. 6 billion barrels of oil. EOG Resources holds the largest acreage position in the Eagle Ford, including more than 570,000 acres in the oil window, according to Hart Energy, and has said this year in calls with analysts. Eagle Ford Trend - any interest? Started by Mark in General. 5bn) in 2016. 4 ConocoPhillips 24 17% 14 21 31 4. EOG is an oil and gas producer with acreage in several U. Source: EOG Resources. ’s focus on the Texas Eagle Ford shale formation is now paying off. Assisted in development of. An additional 250 wells have been permitted and are waiting on completions or other services. To date, we drilled and completed 31 wells in the Eagle Ford. If this level is surpassed, a breakout is expected. Maybe now is the time for. Most searched biographies at EOG Resources Land. This new play extends from Gonzales and Lavaca counties southwestward to the Mexico border, over 300 miles. 2 9 Choke size likely dictated by operator practices in the region Source: Data is from. HartEnergy. May 19, 2016 | PLS South Texas Scout. Description: EOG Resources is an oil and gas producer with acreage in several U. Horizontal oil wells since 2013 only. Attn Tim Vogler. This makes sense as 90% of the production in the formation has come within the last three years, a time period where oil and liquids have been much more economic to extract than gas due to low gas prices. Huff 'n' Puff Gas-Injection Pilot Improves Oil Recovery in the Eagle Ford. Operators began prioritizing liquids in 2010 following EOG's shift to liquids development. While EOG's top production continues to come from its pioneering position in South Texas' Eagle Ford shale, EOG has emerged as one of the most active drillers and producers in the Permian. In April, EOG came out and spoke about their Eagleford success to analysts - particularly that they have found the oil zone, more or less away from the gas acreage. Research shows the company has been able to yield up to 80% more oil in the Eagle Ford from its gas injection process. 2 days ago · 2 days Earthstone Energy Announces Eagle Ford Bolt-On 21 hours Clean Energy Fuels vs. Jan 01, 2014 · BACK TO US Scout Database. 5bn) in 2016. Re-seeding native plants on oil well sites, ROW, and other energy infrastructure creates. Factors to Note. While EOG's top production continues to come from its pioneering position in South Texas' Eagle Ford shale, EOG has emerged as one of the most active drillers and producers in the Permian. The upstream player’s extensive reach to these key shale resources will likely. In November, EOG Resources announced a new take on an existing play with the unveiling of its dry gas Dorado project. "EOG's Bakken and Three Forks assets along with the company's Eagle Ford and Delaware Basin positions continue to grow in both size and quality. State Drillin. Primarily a gas field with smaller oil plays, it boasts proven reserves of 3. EOG Resources is the leading oil producer and acreage holder in the Eagle Ford shale. Mar 26, 2021 · However, with the recent divestiture of Eagle Ford asset, the company now expects year-end debt for 2021 to be less than $5 billion, assuming $50 per barrel of crude oil and $2. The $49 Stifel price target was raised to $73, while the consensus target is only $39. The EOG pollinator project will restore 350+ acres of pollinator habitat within privately-owned pipeline ROW and pad sites operated by EOG Resources in the Eagle Ford Shale and will set the standard for future operating procedures for their ROW restoration. EOG Resources (EOG) Q3 2010 Earnings Call. Eog eagle ford news" In the play Jan 27, 2011 · EOG Resources (EOG) announces major oil discovery in the Eagleford Shale - In South Texas, EOG has accumulated acreage across six counties in the Eagle Ford Play. Attn Tim Vogler. But, with the looming economic crisis, the news went largely unnoticed -- except in the oil and gas industry. Our high-quality asset portfolio includes programs. Cabot Oil and Gas (NYSE: COG) announced in its March, 2012. The company holds 632,000 net acres in the play, a majority of which, around 564,000 net acres fall in the. 8H-10H Ringo Unit a length of 10,500 feet in the. Saltwater was traditionally hauled by 18. By OGJ editors HOUSTON, Nov. In the chart on the right side, you can see the cumulative production profiles for almost all EOG's wells in this area, with a production start between 2013 and 2019. EOG remains the top operator for permits filed in the Eagle Ford. The Eagle Ford acreage is currently EOG's largest producer of oil. 2 days ago · 2 days Earthstone Energy Announces Eagle Ford Bolt-On 21 hours Clean Energy Fuels vs. For an E&P company with a market cap north of $50 billion, EOG Resources Inc has been posting quite rapid growth rates. THE WOODLANDS, Texas, June 14, 2021 /PRNewswire/ -- Earthstone Energy, Inc. EOG Resources Doubling Down on the Eagle Ford. March oil production came in at about 1. EOG Resources is an oil and gas producer with acreage in several U. Local news and events from Eagle Rock, CA Patch. Most importantly, EOG Resources is among the leading players in the Bakken play and the largest in the Eagle Ford. has led to a large natural gas play believed to have an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations. 106 MMbopd in August, down from the 1. Request PDF | Improving oil recovery of Eagle Ford shale samples using cryogenic and cyclic gas injection methods - An experimental study | Despite containing massive volumes of hydrocarbons. Marathon Completes trio in Eagle Ford (2018-10-22 and 2018-10-24) Three wells on a 9-well pad in the Eagle Ford were completed by Marathon in Karnes County, Texas. EOG Market Insider is a business news aggregator for traders and. March oil production came in at about 1. The Eagle Ford Shale is a hydrocarbon-producing geological formation of significant importance due to its capability of producing both natural gas and also more oil than other traditional shale plays. TX: Sign in to get the best natural gas news and data. 8H-10H Ringo Unit a length of 10,500 feet in the. A key level of resistance has formed in the chart of EOG Resources Inc. EOG Resources, Inc. George Grinestaff, CEO, Shale IOR, at Hart Energy's recent DUG Eagle Ford Conference and Exhibition. Committed to play baseball in the Pac-12 for the Washington Huskies. EOG finally showing Bakken optimism. 00000000 PA USD 279655. Cumulative Oil Production per Eagle Ford Well. 369 MMbopd put to sales in February (Fig. We're currently running five rigs and we'll ramp up to 12 by year end. Currently, EOG is the largest producer in the Eagle Ford and is also the largest land holder with nearly 550,000 acres. EOG Resources and ConocoPhillips were the two leaders in applying for new permits in the Eagle Ford shale in 2020. Of the 79 rigs last week in the Eagle Ford, about 61 were in the Western area. It derives its name from the town of Eagle Ford TX where the shale outcrops at the surface in clay form. (NYSE: ESTE) ("Earthstone" or the "Company") today announced that it has acquired working interests in assets it operates loc. 395B to Eagle Ford Piloting 20-acre spacing 8 9. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. November 03, 2010 9:00 am ET. This interactive presentation contains the latest oil & gas production data from all 25,474 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through January. EVX owns and operates 26 saltwater disposal wells throughout the Eagle Ford Shale that are permitted to inject up to 600,000 barrels of water per day. feeds America's growing energy needs. The assets, located in Frio County which is in the Eagle Ford’s oil window ( see map in Eagle Ford IP rates post for reference ), were purchased for $1,999 per acre. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. Most importantly, EOG Resources is among the leading players in the Bakken play and the largest in the Eagle Ford. 18, 2018 behind a pasture a few miles outside Kenedy in the heart of the Eagle Ford shale oil play. EOG Resources, Inc. (NYSE:EOG): RBC Capital increased its target on EOG, citing what the firm sees as the company's strong performance in the Eagle Ford. In Q2, the company increased its Eagle Ford premium inventory by 390 net drilling locations to almost 2,000 total, which could be expanded "significantly" if more cost reductions or well productivity improvements are achieved. 3 billion to $4. Big changes for South Texas Hundreds of thousands of acres are being leased across South Texas, from the Mexican border in the southwest to Louisiana to the northeast, and several hundred wells are currently permitted. HOUSTON, May 17, 2016 (GLOBE NEWSWIRE) -- EnerVest, Ltd. One measure of the intensity of our future Eagle. EnerVest Announces Sale of Eagle Ford and Austin Chalk Assets for $2. Eog eagle ford news Eog eagle ford news. of Recommendations: 0. The company holds 632,000 net acres in the play, a majority of which, around 564,000 net acres fall in the. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. ’s focus on the Texas Eagle Ford shale formation is now paying off. Feb 02, 2021 · Updated: 6:51 PM MST February 2, 2021. 100 Eagle Ford wells to begin EOR. (TSX-V: BGD) ("Bullion Gold" or the "Corporation") is pleased to announce that, further to its previously disclosed option. (OTC: ECCE) announced the purchase of 3,131 net acres in the Eagle Ford Shale for $6. ln a statement to investors on. New acreage will become. 1H Sawyer A and 2H Sawyer B a length of 10,000 feet in the. A key level of resistance has formed in the chart of EOG Resources Inc. , one of the Eagle Ford Shale's leading oil producers, has filed for Chapter 11 bankruptcy. The Eagle Ford shale is a hydrocarbon-bearing, Late Cretaceous formation that was deposited in a marine continental shelf environment. 5 TCF of gas. Winds N at 10 to 20 mph. Other Eagle Ford Shale wells reported by EOG Resources during the second quarter of 2012 include: Boothe Unit #9H - 3,708 barrel of oil, 527 barrel of natural gas liquids and 2. EOG has been trying to unload Canadian assets for years so that it can focus on its Texas Eagle Ford shale resource play. Winning with an eagle As CEO Mark Papa said during his company's call with analysts following the release of its results, "The Eagle Ford continues to be our flagship oil asset. The DNR said that another 127 Haynesville Shale wells have been permitted, with drilling progressing on 31. 7 billion on March 24 to help it "weather the storms of lower commodity prices. 3 billion to $4. EOG Resources' focus on exploration and production of oil and gas resources in the Permian, Bakken and Eagle Ford is expected to reflect on first-quarter results. The company expects to. Eagle Ford Shale Asset. Apparently there was a blowout yesterday evening at an EOG site in the Eagle Ford Shale but no workers were hurt. EOG Resources is the leading oil producer and acreage holder in the Eagle Ford shale. EOG’s increasing interest in oil is appreciable in a favorable price environment, which will be further augmented by its deep focus on major oil and liquids rich plays, such as South Texas Eagle Ford play, Fort Worth Barnett Shale Combo, as well as Colorado Niobrara, Oklahoma Marmaton, West Texas Wolfcamp and New Mexico Leonard. The Eagle Ford formation consists of organic-rich calcareous-mudrock with mineralogy ranging from 40-90% carbonate minerals, 15-30% clay, and 15-20% silica (quartz). Eagle Ford Basin | January 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. 1), according to the U. Tight oil output in the Eagle Ford was down by 300 thousand b/d in January y-o-y, but flat m-o-m. The Eagle Ford and Bakken shale fields are set to lose 15 Mbbl/d and 12 Mbbl/d, respectively, between March and April, as the likes of Marathon Oil (MRO) and Hess (HES) focus on capital efficiency. Eagle Ford Shale Texas. is one of the world's leading independent natural gas and crude oil companies in the US. Horizontal oil wells since 2013 only. EOG Enhancing Eagle Ford Oil Recovery Using Enhanced Oil Recovery (EOR) May 17, 2021 Author: phinds Category: Mid-con News EOG Resources Inc. From Wikipedia, the free encyclopedia A crude oil assay is essentially the chemical evaluation of crude oil feedstocks by petroleum testing laboratories. The Eagle Ford is expected to produce 1. This interactive presentation contains the latest oil & gas production data from all 22,637 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through March 2019. The company, based in Houston, Texas, is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol 'EOG'. EOG Resources, Inc. Website of the only Eagle Forum founded by Phyllis Schlafly in 1975. EOG Resources' focus on exploration and production of oil and gas resources in the Permian, Bakken and Eagle Ford is expected to reflect on first-quarter results. 10 of the. However, the company said that won't affect its current business operations. EOG Market Insider is a business news aggregator for traders and. EOG Resources Inc. This is the company's third reserve increase in four years. oil producer EOG Resources Inc said on Thursday it has curtailed drilling and shut-in some production in the Eagle Ford shale region of Texas ahead of Hurricane Harvey's landfall. In the chart on the right side, you can see the cumulative production profiles for almost all EOG's wells in this area, with a production start between 2013 and 2019. Request PDF | Improving oil recovery of Eagle Ford shale samples using cryogenic and cyclic gas injection methods - An experimental study | Despite containing massive volumes of hydrocarbons. For an E&P company with a market cap north of $50 billion, EOG Resources Inc has been posting quite rapid growth rates. Eog eagle ford news. After drilling 96 net wells in 2010, EOG has plans for 250 net wells in 2011. An EOG Resources rig drills in the Eagle Ford Shale of South Texas, where the Houston-based independent oil company is the largest. “We, probably like the rest of the industry, had kind of written off the Austin Chalk,” Thomas said. 369 MMbopd put to sales in February (Fig. 5bn) in 2016. The company — which has significant acreages in oil shale plays like Permian, Bakken and Eagle Ford — intends to put an end to routine flaring by 2025. In the Eagle Ford, EOG said its estimated potential reserves are the equivalent of 1. Its first completion, a 4,000-ft lateral with a 16-stage frac in La Salle County, is still cleaning up with volumes increasing to the current flow rate of 6. Eagle Ford Basin | May 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio.