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Penn Virginia Turns on Taps at 26 Eagle Ford Wells; Talks 4Q
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Penn Virginia Corporation announced year-end 2014 proved oil and gas reserves and provided an update of its operations, including fourth quarter 2014 operational results.
Eagle Ford Shale Operational Update Fourth Quarter 2014 UpdateFourth quarter production from our Eagle Ford operations was 17,459 BOEPD. Approximately 73% of our fourth quarter Eagle Ford production was from crude oil, 14% was from NGLs and 13% was from natural gas.
Below are the results and statistics for Eagle Ford wells over the past seven quarters:
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Since the end of the third quarter of 2014, we have turned in line 26 (19.0 net) operated wells, excluding two wells with less than 20 frac stages and one Upper Eagle Ford well that had an operational issue which was subsequently remediated very late in…
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