Operational Updates | Capital Markets | Private Equity Activity
Alta Mesa Provide Update to Woodbine/ Eagle Ford Drilling Ops
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East Texas Area:
In our Hilltop field, located in Leon and Robertson counties, Alta Mesa production from the Deep Bossier has dropped approximately 30 MMcfe/d in the past 12 months as we and our partners have deferred further investments for the Deep Bossier. Concurrently, we continue to successfully discover and efficiently exploit additional oil and liquids rich reserves and increase production from other formations such as the Buda, Woodbine, Eagle Ford and Austin Chalk.
The Company participated in three horizontal Woodbine/Eagle Ford (Eaglebine) wells operated by EnCana. The three wells were drilled from the same pad and received 18 to 21 multi-stage fracture stimulations on each of the three laterals. Initial 30 day production from these wells ranged from approximately 160 to 225 BOE…
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