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Penn Virginia's Enhanced Completions Driving Better Eagle Ford Well Results

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Penn Virginia's Enhanced Completions Driving Better Eagle Ford Well Results

 Penn Virginia Corporation today announced initial results from its Zebra 6H and 7H wells, and an increase in the borrowing base under its credit facility from $128 million to $200 million. 

Well Results:

The Zebra 6H well had a preliminary 24-hour IP rate of 1,269 BOEPD (89% oil). The Zebra 7H well had a preliminary 24-hour gross IP rate of 1,785 BOEPD (89% oil). The Lager 3H well located in Gonzales County, Texas, which previously reported a 24-hour IP of 2,511 BOEPD, had a 30-day IP of 1,899 BOEPD (73% oil). ]

Below are two charts from Shale Experts Database SCOUT Database.

 

Longer Laterals & Increase proppant loading providing better results

 

 



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