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Paying for performance: Examining well cost versus productivity
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Report summary
Operators must constantly balance between cost and production performance when planning wells within a portfolio. Longer larerals, more fracture stages, increased water and proppant usage are all factors that have been show to enhance production, but also markedly increase well cost. This analysis takes a look at capital efficiency using recent well completions in the Eagle Ford.
Table of contents
- Background: Estimating well costs
- Will spending more get you more?
- Value over volume
- Why is EOG so special?
- Conclusion
Tables and charts
This report includes 10 images and tables including:
- Figure 1. Major cost components
- Figure 2. Bakken well cost estimate heat map
- Karnes Trough and Edwards Condensate sub-plays of the Eagle Ford
- Well cost - Eagle Ford study area 2014-2015
- Implied EUR and IP by operator
- Well cost distribution (NAWAT)
- Capital efficiency - IP
- Capital efficiency - EUR
- EOG leads the pack in capital efficiency over the initial six months
- ...and in oil production per lateral foot
What's included
This report contains:
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