J Weiss
Share on Facebook Share

J Weiss's Friends

  • Joe Bob Kinsel
  • Teresa Bingham
  • Greg Turman
  • Farrah G. Shepherd
  • Mark

J Weiss's Groups

 

J Weiss's Page

Profile Information

J Weiss's Blog

EOG Maximizing Recovery of Eagle Ford - An example of the improving recovery and its $ impact - Seeking Alpha article (8/13/13)

Posted on August 18, 2013 at 8:37am 1 Comment

Whoever first said "patience is a virtue"...probably never dreamed it would have natural resources implications....

 

Initially EOG believed that from 640 acres of its Eagle Ford property the company could recover 4.5 million barrels using 65 acre spacing.

Through trial and error, EOG has discovered that 40 acre spacing is actually going to work better which means the company will increase the amount of oil recovered by 42% and the net present value of that…

Continue

Comment Wall

  • No comments yet!

You need to be a member of GoEagleFordShale.com to add comments!

Join GoEagleFordShale.com

 
 
 

Groups


Not a member? Get our email.



Latest


Blog Posts

Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…

Continue

Events

© 2018   Created by Keith (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service