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OilStockReport

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OilStockReport

Re: swanky post# 53

Thursday, 06/16/2011 1:28:05 PM

Thursday, June 16, 2011 1:28:05 PM

Post# of 65
Here is some info on their Eagle Ford play.


El Paso (EP) has 170000 net acres in the Eagle Ford. One hundred and five thousand of those acres are in the oil window. Thirty one thousand net acres are in the north (oil window) and 74000 in the central acreage (volatile oil window). It has estimated drilling locations of 1145. El Paso's Eagle Ford acreage is located in LaSalle and Dimmit counties. Its central holdings are outperforming the northern acreage. The differences are quite large. El Paso expects wells to be drilled on 120 acre spacing in the north and central Eagle Ford, and 160 acre spacing in the south (dry gas). El Paso has diversified holdings that allow the differentiation in production through the different Eagle Ford windows.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.

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