The discovery of the Hawkville Field in October 2008 kicked off a drilling and development boom the likes of which South Texas had not seen before. The discovery well—the STS-241 #1H, drilled by Petrohawk Energy Corp. in LaSalle County—would be the first of many horizontal wells in the Eagle Ford Shale play. In the 11 years since that initial discovery, the play is now considered one of the most mature unconventional plays, with more than 25,000 horizontal wells spudded, according to Drillinginfo.
In an exclusive report provided to E&P, Drillinginfo projects a 4% increase in production guidance from the Eagle Ford, forecasting third-quarter 2019 oil and gas production of 1.43 MMbbl/d and 194 MMcm/d (6.87 Bcf/d), respectively. For year-end 2020, oil and gas projected production is 1.49 MMbbl/d and 193 MMcm/d (6.82 Bcf/d), according to the report.
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
Norwegian oil major Equinor will raise the output capacity at its Johan Sverdrup field by 30,000 barrels per day (bbl/d) to 500,000 bbl/d by the end of 2020, and plans a further increase next year, it said on Nov.18.
The Houston-headquartered company said Nov. 5 that the Dorado play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay.