Light Oil – USA
QUICK FACTS
Land Holdings | 269,000 gross acres, 70% operated |
Production | 92,000 boe/d (81% liquids) |
eagle Ford
- Lowers cash cost structure, improves operating netbacks and margins
- Exposure to premium light oil U.S. Gulf Coast pricing
- Expect to bring 62 wells to sales in 2024.
Q1/2024 OPERATED ACTIVITY
- 10 Lower Eagle Ford wells onstream generated an average 30-day peak initial production rate of ~1,300 boe/d (85% oil and NGL) per well
- Identified Upper Eagle Ford development area with 3 wells onstream