EOG Resources is shopping a mostly contiguous, conventional property in the Frio trend of South Texas, holding net proved reserves of 17.9 Bcfe (70% PDP) and 2P reserves of 62.9 Bcfe. Net production from the 13,681-net-acre position (15,621 gross) is 9.8 MMcfe/d generating monthly net cash flow of $689 million. A portion of the acreage is offshore in Nueces Bay and accessed by directional wells from land locations.The production affords high netbacks with favorable realized......
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