Stats from the Texas Railroad Commission show increased test rates in the Eagle Ford
Test rates for wells located in the Eagle Ford Shale have been increasing over the last four quarters, according to information from the Texas Railroad Commission (Texas RRC). A research note from KLR Group analyzed the information from the Texas RRC and found average test rates for wells in the Eagle Ford during Q1’15 have increased 11% since Q2’14. The note cautions that some information is likely to change as KLR continues collecting data.
The first half of the analysis (Q2’14-Q3’14) examined about 1,902 wells tested in the Eagle Ford across 15 counties, while the second half (Q3’14-Q1’15) compared information on about 1,345 wells across 14 counties.
Starting in Q2’14, wells in the Eagle Ford averaged test rates of approximately 1,006 BOEPD. That number then fell to 971 BOEPD in Q3’14 and has since been on the rise. In Q4’14, production per well rebounded to about 1,075 BOEPD and then climbed even higher to 1,117 BOEPD in Q1’15.
The county with the highest average test rate over the course of the four quarters was Gonzales County, with an average test rate of 1,598 BOEPD over the four quarters. Of the 12 counties with results during Q1’15, eight (Atascosa, De Witt, Fayette, Gonzales, La Salle, Lavaca, Live Oak and Zavala) experienced a sequential increase in the average test rates and four (Dimmit, Frio, Karnes and McMullen) all saw a sequential decrease.
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