By OGJ editors
HOUSTON, Nov. 6 -- Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in one area will be 80% higher than the company’s early 2008 estimates in the play.
The new EUR figure for wells in eastern Montague and western Cooke counties is 280,000 boe, EOG said.
The two recent horizontal wells, Christian A-1H and B-1H, had initial production of 1,000 b/d and 600 b/d of oil and 2.5 and 2 MMcfd of gas, respectively. EOG has 100% working interest.
Meanwhile, in the play’s core area, where pay intervals are thickest, EOG has been developing its acreage with vertical wells that are expected to recover more than 220,000 boe. For example, the Fitzgerald-1 and Stephenson-1 vertical wells had initial rates of 1,100 b/d and 450 b/d of oil and 2.1 MMcfd and 700 Mcfd, respectively. EOG’s interest is 100%.
The company, which rarely makes acquisitions, made a tactical purchase of 7,800 net acres in the two counties in the quarter ended Sept. 30.