Report reveals top W. Texas wells
New data collected by a Canadian energy research group shows which oil and gas explorers in West Texas have the most prolific wells.
The data from RS Energy Group shows that wells completed by Houston-based EOG Resources in West Texas' Permian Basin oil field had the highest average initial production at 2,051 barrels of oil a day.
Other companies in the top five include the Pioneer Natural Resources of Irving, Occidental Petroleum Corp. of Houston, Denver company SM Energy and oil major Chevron Corp.
Ryan Luther, a senior associate with the Permian Basin team at RS Energy Group, said the firm used state data on a well's initial production rates for the first 24 hours after it was completed.