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Cabot Provides Operations Update in Eagle Ford Shale

Source: www.gulfoilandgas.com 4/25/2012, Location: North America

Cabot Oil & Gas Corporation announced the performance of a down-spacing test in the Eagle Ford.

Eagle Ford Downspacing:
In the Eagle Ford, Cabot recently completed a down-spacing pilot program drilling two wells with the horizontal legs spaced at 400 feet. "These two wells were zipper fraced and the early stage flowback indicates very positive results," commented Dinges. "The wells have 24-hour production rates of 788 and 791 barrels of oil per day, which is greater than the average initial rates for our entire producing portfolio of Eagle Ford wells."

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