By Andrea: http://oilshalegas.com
EOG Resources Inc. (EOG) recently researched Avalon Shale potential across their 120,000 net acres in the Red Hill areas of Lea and Eddy counties, New Mexico. They believe that the recovery potential is 65 million bbl of oil equivalent. They based their estimate on 7 horizontal and 4 vertical wells that they have already drilled. They stated that the typical horizontal recovery potential is estimated at 400,000 net boe for $6.5 million per well, or a 40% direct after-tax reinvestment rate of return. EOG has been testing Avalon shale play for more than 1 year and they have production history of more than 300 days from one well.
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Antrim Shale - ANWAR Oil Shale - Austin Chalk - Avalon Shale - Bakken Oil Shale - Barnett Shale - Bone Spring - Bossier Shale - Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale - Collingwood Shale - Cumnock Shale - Duvernay Shale - Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale - Marcellus Shale - Monterey Shale - Montney Shale - Niobrara Shale - Permian Basin - Piceance Basin -Spraberry Field - Tuscaloosa Marine Shale - Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale - Oil Sands - China Shale - Mineral Rights - Index of Shale
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Antrim Shale - ANWAR Oil Shale - Austin Chalk - Avalon Shale - Bakken Oil Shale - Barnett Shale - Bone Spring - Bossier Shale - Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale - Collingwood Shale - Cumnock Shale - Duvernay Shale - Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale - Marcellus Shale - Monterey Shale - Montney Shale - Niobrara Shale - Permian Basin - Piceance Basin -Spraberry Field - Tuscaloosa Marine Shale - Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale - Oil Sands - China Shale - Mineral Rights - Index of Shale
Contact Us - Shale Classifieds - Shale Jobs