ADI 2.35% $3.05 apn industria reit

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    RRC Texas Website

    Eagle Ford Shale Play
    Highlights

    First entry description of the Eagle Ford Shale published by the RRC on 7 Feb including the following statements.-

    ?Early production figures indicate that individual wells will experience total production of between 2 billion cubic feet and 5 billion cubic feet (bcf) with more liquid hydrocarbons than other shale fields. Initial drilling and completion costs have been averaging about $5 million per well

    ? The Eagle Ford shale appears attractive because of several additional factors:
    ? It has a much higher carbonate to shale percentage, thus making it more brittle and ?fracable?;
    ? It is not highly pressured (as the Haynesville Shale).?




    http://209.85.135.132/search?q=cache:SDJO5zvX7FkJ:www.rrc.state.tx.us/eagleford/index.php+eagle+ford+shale&cd=22&hl=en&ct=clnk
 
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