Drilling company in Texas has released the results of their horizontal drilling program. We recommend this as an interesting read.
Escondido Resources II, LLC today announced the results of the company’s 2011 horizontal drilling program in South Texas. Escondido drilled 17 wells in 2011, with 100 percent success and an average initial production (IP) rate per well of nearly seven million cubic feet (MMcf/d) of high Btu natural gas per day. Escondido currently has two drilling rigs active in Webb, LaSalle and McMullen counties. Current production capacity is approximately 65 MMcf/d, with four new wells scheduled for fracture stimulation in March and April. Production from the new wells is expected to boost Escondido’s total production to nearly 90 MMcf/d.
Get A Quote Or Make An Order Now!
