The Eagle Ford At Middle Age

Despite higher activity than year-ago levels, the Eagle Ford Shale appears to be settling, quite comfortably, into mid-life, says Stratas Advisor’s Stephen Beck.

Stephen Beck, Stratas Advisors

Thu, 09/20/2018 - 07:00 AM

Despite higher activity than year-ago levels, the Eagle Ford Shale appears to be settling, quite comfortably, into mid-life, says Stratas Advisor’s Stephen Beck. (Source: Hart Energy)

Recent headlines about the Eagle Ford Shale bring back fond memories of the play’s go-go days. Rig and completion counts are up, and prospects for rising production in the second half of the year have reinstalled an air of optimism and confidence. In June, Eagle Ford liquids production is estimated at almost 1.4 MMBbl/d, up from 1.3 MMBbl/d at the start of the year. Stratas estimates associated gas production increased by some 600 MMcf/d during this period. Production could reach new recent highs due in part to the quickening pace of completions in recent months and to high-grading of well locations selected for development.

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