Exploration & Production | Top Story | Quarterly / Earnings Reports
Swift Energy Talks 'Strong' Eagle Ford, Wilcox Operations
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Swift Energy produced 2.82 million barrels of oil equivalent (MMBoe) during the first quarter of 2013, a 1% increase over first quarter 2012 production of 2.80 MMBoe, and down 9% compared to fourth quarter 2012 production of 3.11 MMBoe.
First Quarter Drilling ActivityIn the first quarter of 2013, Swift Energy drilled ten operated development wells and one non-operated development well. In the Company’s South Texas core area, six horizontal wells were drilled to the Eagle Ford shale, five in La Salle County and one in McMullen County, and three were drilled to the Olmos formation in McMullen County.
In Swift Energy’s Southeast Louisiana core area, one well was drilled in the Lake Washington field. In the Company’s Central Louisiana/East Texas core area, one non-operated well targeting the…
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