TXN 0.00% 58.0¢ texon petroleum ltd

Cabot Oil & Gas 400 ft (55-acre) Spacing Test Yields Best Well...

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    Cabot Oil & Gas 400 ft (55-acre) Spacing Test Yields Best Well To Date
    Eagle Ford
    In the last release, Cabot highlighted the very early results of its 400' downspacing program in the Eagle Ford. "I am pleased to report now that one of these wells has provided the best 30-day average production rate of any of our 33 wells to date in the play," commented Dinges. "The other well has trended above the average 30-day rate of our overall program. This reinforces our reduced spacing concept of 400' and, as a result, we are currently drilling our second set of wells to continue our evaluation process."
    7700acre=140 wells eagle ford compared with previous thinking of around 80-90 wasn't it nice little negotiation tool,
 
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