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Abraxas IPs Eagle Ford Wells; Preps to Frac in the Permian

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Abraxas IPs Eagle Ford Wells; Preps to Frac in the Permian

Abraxas Petroleum Corporation has reported an operational update on its Eagle Ford and Permian operations.

Eagle Ford Shale

In McMullen County, Texas, Abraxas’ forty acre pilot wells, the Camaro B 3H and Camaro B 4H, averaged 739 boepd (691 barrels of oil per day, 289 mcf of natural gas per day) and 808 boepd (755 barrels of oil per day, 319 mcf of natural gas per day) over each well’s first thirty full days of production, respectively. The production rates for each well do not include the impact of natural gas liquids and shrinkage at the processing plant. The Sting Ray A 8H was successfully completed with a 31 stage completion and was recently turned to sales. Abraxas is currently building the curve at 10,100 feet on the company’s 14th well at the WyCross prospect, the Camaro A 1H…

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