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Swift Energy Tests New Completion Design in Fasken
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Swift Energy Company has reported its third quarter 2015 financial and operating results.
Operations Update In the third quarter of 2015, Swift Energy drilled five operated development wells, four in Webb County in the Company's South Texas Fasken core Eagle Ford area and one in McMullen County in the Company's core Eagle Ford AWP area. There are currently two operated rigs drilling in the Company's South Texas core area. The Company's average drilling well cost in Fasken for the quarter was $2.2 million compared to $2.4 million in the second quarter of 2015. The Company completed eight wells in the third quarter of 2015, all of which were in Webb County. The average completion cost in Fasken in the third quarter of 2015 was $3.4 million compared to $3.8 million in the second quarter of…- ✓ Full news archive — U.S., Canada & international coverage
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