E EOG's Rattlesnake Pad Has Record Production Results

EOG Resources' (EOG) recent results in the northern Delaware Basin have been fantastic. The production of southern Lea County wells have been better than anywhere else in the US. These results are a sign of things to come, as wells continue to outperform. Two locations in the Rattlesnake pad produced more than 500 KBO in 12 months. The two newer locations are on pace to outproduce the first two wells in this pad.

Source: Welldatabase.com

EOG results are reliable as it has duplicated production at four locations. The high pressured geology seems better than Midland. This could be due to depth and/or natural gas content of the interval.

Source: Welldatabase.com

On a BOE basis, EOG's Rattlesnake average type curve shows a second month spike that decreases significantly in the fifth month. This was probably due to the well being shut in as production rises to almost 80 MBOE in month eight.

Month

Oil

Gas

Water

BOE

1

22234

41454

48848

29143

2

97258

185853

191560

128234

3

72908

143337

135099

96798

4

63893

127293

112861

85108

5

19758

40721

39466

26545

6

44246

89792

162020

59211

7

38282

74337

99101

50671

8

58103

117395

129100

77669

9

50998

106514

115246

68750

10

23612

47776

48506

31574

11

19032

38368

38525

25426

12

15966

31725

39553

21254

Total

526,289

1,044,563

1,159,884

700,382

1 2 3
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