One of the major themes across the US Lower 48 is the potential upside provided by stacked pay. First touted in the Williston and Permian basins, talk of stacked pay potential has taken flight to South Texas with operators targeting the Upper Eagle Ford. Across the three most prospective sub-plays, we believe operators could unlock an additional 6,600 locations providing 3.4 bnboe of reserves.
Table of contents
The Upper Eagle Ford is most prospective in the condensate window
Upper Eagle Ford testing is being driven by independents
Stacked potential enhances an already world class asset
Tables and charts
This report includes 5 images and tables including:
Areas of disclosed Upper Eagle Ford testing by operator
Cross section schematic of lateral placement; staggered laterals (left) vs. stack and frack (right)
Using Wood Mackenzie's new North America Well Analysis Tool, we have shown the distribution of vertical depths by sub-play for all Eagle Ford wells. Most Upper testing to date has been in Karnes Trough Condensate and Edwards Condensate, which have similar vertical depths, and the Maverick Condensate which is notably shallower.