optimizationand Efficiencies
Eagle Ford, Texas

About the PlayEagle Ford

The Eagle Ford formation stretches across a wide swath of South Texas and represents a more mature stage of development than our other U.S.resource plays.Seven years after we entered the region,our focus has transitioned from rapid growth to efficient development and capturing cash flow from existing wells.Our incremental but steady improvement in drilling efficiencies has been achieved through process optimization,the use of high-spec rigs and experienced crews,and numerous small innovations.

Our advanced SCADA and digital operating control center drives increased efficiency through automated production trend monitoring and automated alerts on our more than 1,500 producing wells.Roughly two-thirds of our acreage is located in Karnes and Atascosa counties.

We continue to increase well productivity through completion optimization and efficiency gains while bringing on fewer wells.

Latest Activity4Q 2018

Our Eagle Ford production averaged 107,000 net boed in the fourth quarter of 2019,up 2% from the year-ago quarter.We brought 38 gross Company-operated wells to sales in the quarter with an average 30-day initial production (IP) rate of 1,810 boed (72% oil).Enhanced completion designs continue to deliver solid results.The Eagle Ford asset again generated significant free cash flow in the quarter through a combination of well performance and oil realizations.

107,000 Net BOED average production in 4Q 2018

38 gross Company-operated wells to sales in 4Q 2018

Average 30-day initial production rates of 1,810 boed (72% oil) in 4Q 2018

Returns and free cash flow

125 - 135

expected gross operated wells to sales in 2019

90% Karnes and core atascosa counties

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The Eagle Ford became a free cash flow generator in 2017 as we kept activity at maintenance levels while protecting economies of scale.


san antonio river authority

We support the San Antonio River Authority in two significant river health projects: household hazardous waste collection and riverbank cleanup.


Timelapse videodrilling a well

Watch the complete drilling and fracking of an Eagle Ford well in less than 2 minutes.

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Digital Oil Field
Eagle Ford

Our digital oil field facility and automation tools boost production and reliability,and help lower emissions,spills and safety risk as the asset grows.


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