"And I saved the best for last with EOG Resources (EOG), which has the lowest well cost of all. At $5.5 million, EOG leaves its peers in the dust. And the amazing thing is that virtually all of EOG's production in the Eagle Ford is oil. And its position has not yet reached maturity - not even close. In 2013 management estimates it should grow oil production by about 30%. Despite all this, EOG is still the most efficient operator in the Eagle Ford. It is also the largest producer on this shale and holds the most acreage in the oily eastern core."
Read This: http://seekingalpha.com/article/1743752 ... urce=yahoo
An "Average" Eagle Ford well will generate over $30 million in revenue to the working interest owners during the first five years of its life, most of that revenue coming in the first two years.
EOG has top tier Eagle Ford acreage, so their wells are way above "average".
EOG: This is why it remains one of my Top Picks
EOG: This is why it remains one of my Top Picks
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group