Thursday, November 9, 2017

EOG Provides Update on 3D Shoot

The Avoyelles Today website provided details on a meeting EOG held in Bunkie regarding their 3D seismic acquisition plans.
Key points to note:

  • the survey is confirmed to be 270 square miles.  That is a large survey.
  • They've expanded the survey to include some lands in Evangeline Parish.
  • Dawson Geophysical will be the contractor performing the acquisition.
  • The acquisition has commenced and completion is estimated to be July, 2018.
The article:

https://www.avoyellestoday.com/news/oilgas-drillers-south-avoyelles-explain-testing-process

The fact that EOG is investing in such a large survey is very positive.  It indicates their belief in the play and that they plan to be in the area for some time. As stated in a prior post, they likely will drill 4-6 wells across their acreage block in parallel with the shoot. Once the shoot is complete, processed, and interpreted, they can incorporate data from their new wells.
Stay tuned.

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