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Noble's Eagle Ford Wells Outperform; Ups 4Q Sales Volumes

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Noble's Eagle Ford Wells Outperform; Ups 4Q Sales Volumes

Noble Energy, Inc. has reported an update on its Eagle Ford operations and production estimates.

Eagle Ford Well Performance Update

Performance from Lower Eagle Ford wells designed and completed by Noble Energy continue to materially outperform historical results from these assets. The most recent three wells, including the Gates 05D 10-20, 14-20, and 18-20, were all completed with reduced stage and cluster spacing, increased proppant concentration, and more conservative pressure management. The average 30-day IP for each of the wells, which have a lateral length of approximately 7,000 feet, was 4,885 Boe/d (10-20), 6,050 Boe/d (14-20), and 6,300 Boe/d (18-20).

Volume Increase

Noble has increased its fourth quarter 2015 sales volumes to range between 405 and 415 thousand barrels of oil…

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