Eagle Ford Deteriorating Quickly
This week, we have gathered recent Eagle Ford data, where completion activity is coming under significant pressure. Meanwhile, efficiency data is continuing to push higher, adding further headwinds to the Eagle Ford frac count (EF efficiency way above average @ 7.6 stages/day). On a positive note, recent completion cuts and stagnating IP rates may be finally starting to impact production, where Eagle Ford output has been stuck at 1.4 MM bbl/d over the last few months (likely DOWN in 2H19).
For access to the full report visit: https://corasresearch.com/reports/