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Research and Markets: Eagle Ford Shale: Crude Oil Prices Level Off Development Activity 2015 – An In Depth Look at Current Activities for Covered Companies

August 14, 2015 9:27 AM
Business Wire

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/tll7j3/eagle_ford_shale) has announced the addition of the “Eagle Ford Shale: Crude Oil Prices Level Off Development Activity” report to their offering.

Eagle Ford Shale: Crude Oil Prices Level Off Development Activity

Summary

Operators in the Eagle Ford have cut 2015 capital budgets significantly due to lower crude oil prices and in the near term further development of the play will slow significantly compared to 2014. In order to reduce costs quickly, rig contracts have been wound down by operators resulting in a large drop in active rigs during the first quarter of 2015.

In order to improve drilling economics, operators have focused on driving down well costs, pressuring service providers to drop costs, pushing drilling rates down, and testing alternative completion methods to improve well productivity.

Due to the drastic shift in development schedules for operators, fewer wells are being drilled, completed and brought online. As a result, production levels from the Eagle Ford in 2015 are likely to see a minimal increase compared to 2014 and plateau until market conditions improve.

Scope

Report provides information and insight on:

  • Industry activity in the Eagle Ford (Acreage Positions, Rig Counts, Permit Activity, and Active Counties).
  • Look at current well design, configurations, and completion practices implemented in the Eagle Ford
  • Deeper understanding of break-even costs in the Eagle Ford for companies covered.
  • In depth look at current activities for covered companies and their projected rig counts and capital spending.
  • Current The publisher crude oil projections for the Eagle Ford during current market conditions.

Key Topics Covered:

1 List of Tables and List of Figures

2 Key Points

3 Introduction

4 Geology

5 Acreage

6 Deals

7 Anadarko

8 Chesapeake

9 EOG

10 ConocoPhillips

11 Pioneer

12 Active Counties

13 Well Cost

14 Well Completion and Configuration

15 Rig Counts

16 Break-even Costs

17 Permit Activity

18 Estimated Ultimate Recovery

19 Capital Expense Forecast

20 Contracts

21 Projected Rig Counts

22 Crude Oil Production Forecast

23 Other Operators

24 Appendix

Companies Mentioned

  • Anadarko
  • Chesapeake
  • ConocoPhillips
  • EOG
  • Pioneer

For more information visit http://www.researchandmarkets.com/research/tll7j3/eagle_ford_shale

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