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Abraxas IPs 'Exceptional Producer' in Eagle Ford; Talks Permian Progress
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Abraxas Petroleum Corporation has reported an update on its Eagle Ford Shale and Permian Basin operations.
Eagle Ford ShaleIn McMullen County, Texas, the Gran Torino A 11H averaged 466 boepd (388 barrels of oil per day, 465 mcf of natural gas per day) over the well’s first 30 full days of production.
The recently completed Sting Ray A 8H appears to be an exceptional producer, averaging 1,233 boepd (1,104 barrels of oil per day, 773 mcf of natural gas per day) over the most recent five days of production.
The production rates for each well do not include the impact of natural gas liquids and shrinkage at the processing plant. The company recently reached TD on the Camaro A 1H. Abraxas owns an 18.75% working interest in the Sting Ray A 8H and Gran Torino A 11H and a 25% working interest…
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