Light Oil – USA
QUICK FACTS
Land Holdings | 269,000 gross acres, 70% operated |
Production (H1/2024) | 89,500 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.
H1/2024 OPERATED ACTIVITY
- 23 operated Lower Eagle Ford wells onstream across black oil, volatile oil and condensate windows
- 3-well Pluto pad (Q2/2024) is one of our strongest performing oil-weighted pads to-date
- Identified Upper Eagle Ford development area with 3 wells onstream (4th well onstream in July)
- Successful refrac (Medina Unit 3H)