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MCS - EOG Resources Highlights - August 14, 2019

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EOG Resources brought 11 wells online in the woodford oil window of the Anadarko Basin during Q2. Laterals averaged 9,500 ft and 24-hour IPs came in at an average of 800 boe/d (81% oil). The company’s well costs in the play are falling, with Q2 drilling costs down 10%, completion costs down 19% and total well costs down 18% versus 2018. As a result, EOG revised its well cost target down by 14% to......
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