Texas: 12-13-well Eagle Ford program planned

By OGJ editors
– GeoResources Inc., Houston, expects to spud the first well this month in an expected 12-13-well Eagle Ford shale drilling program in South Texas in 2011.

GeoResources holds 21,000 net acres with 32.5-65% working interests in Atascosa, Fayette, Gonzales, and McMullen counties. The company believes the vast majority of our acreage is overpressured and in the volatile oil to high-condensate windows.

The initial 900-acre drilling unit is in southwestern Fayette County. The Flatonia East Unit will accommodate as many as nine wells depending on spacing. GeoResources has 50% working interest in the unit and the well.

The company also signed agreements with Ramshorn Investments Inc., an affiliate of Nabors Industries Ltd., related to an area of mutual interest in southwestern Fayette County. Ramshorn has acquired a 50% interest and agreed to jointly acquire additional acreage and implement a drilling and development program.

Related Articles

Buckeye to buy Corpus Christi terminal interest in $860 million deal

09/02/2014 Buckeye Partners LP has agreed to acquire 80% interest in a company that it will jointly own with Trafigura AG for $860 million. The transaction is...

Declining costs enhance Duvernay shale economics

09/01/2014 Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in Nor...

BHI: US rig count recoups last week’s losses, jumps to 1,914

08/29/2014 The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended ...

Eagle Ford water recycling thrives following change in Texas Railroad Commission rules

08/13/2014 Amidst the worst Texas drought since the National Drought Mitigation Center's record keeping began 119 years ago, operators in Texas' Eagle Ford sh...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected