Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports
Comstock Hits 1,000+ BOE/d at Multiple Eagle Ford Wells; Updates Ops
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Comstock Resources Inc. reported financial and operating results for the quarter and nine months ended September 30, 2013.
2013 Drilling ResultsComstock reported on the results to date of its 2013 drilling program related to its continuing operations which is focused on developing its Eagle Ford oil shale properties in South Texas.
During the first nine months of 2013, Comstock spent $234.1 million on its continuing development and exploration activities and $14.5 million on acreage acquisition costs. Comstock drilled 47 horizontal oil wells (31.6 net) and two horizontal natural gas wells (2.0 net) and had 11 oil wells (8.3 net) in various stages of drilling at September 30, 2013. For all of 2013 Comstock expects to spend $345 million to drill 78 horizontal wells (51.6 net)…
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