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STS - Continuous learning keeps EOG at the top in Eagle Ford - March 2019
Rolling into its 10th year of Eagle Ford development, EOG Resources continues to learn new ways to improve well productivity, find efficiencies and lower costs. The company extended its average lateral length 7% YOY in 2018, primarily on its western acreage where there is less faulting. Wells on the western acreage tend to have lower IP rates but are more cost efficient and have slightly lower decline rates, E&P EVP Ken Boedeker said on the company’s year-end conference call. The 82......
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