“East Texas” Eagle Ford Update: YTD Permit Activity And Outlook

YTD Activity In The East Texas Eagle Ford Play Continues To Gain Momentum With 204 New Permits Approved Or Pending Spread Over 9 Counties and Between 24 Operators.The Most Active Operators Are Now Apache Corporation APA, Halcón Resources HK, Clayton Williams CWEI and Venado Oil & Gas.Both Large and Small Operators Are Now Moving Into The Play And Starting To Test The Edges Of the Play. These Operators Include EOG Resources EOG and Comstock Resources CRK.Lee County Has Seen Explosive Growth in Activity This Year, With Venado Oil & Gas Leading The Way. Clayton Williams CWEI Has Stepped Up Its Plans In The County.South Lee County and North Fayette County Continue To See Very Little Activity, Probably Due To Thinning and Variability Of Eagle Ford Formation In That Area.

via East Texas Eagle Ford Update: YTD Permit Activity And Outlook | Seeking Alpha.

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