After 2017 shale focus, Oracle sets 2019 Eagle Ford plans

By Luke Geiver | October 25, 2018

Oracle Oil and Gas LLC is bringing in a team of experienced conventional and unconventional petroleum engineers to design the independent's 2019 Eagle Ford wells. Blade Energy Partners will do the work. Blade has a wide skill set in the petroleum industry, including work in geophysics, petrophysics, geology, reservoir engineering, reservoir stimulation, drilling and completions.

Oracle is looking for early success with its Eagle Ford wells and Blade will be focusing on reservoir modeling, spacing evaluation, frack design and well design. In the Eagle Ford’s oil window, Oracle plans to drill extended reach laterals that could span 15,000 feet.

Next year the operator intends to drill and complete 14 wells to fully demonstrate the reserve potential of the acreage block and assets it acquired earlier this year.

Blade has been working on the Eagle Ford completion designs since July. “I have known the people of Blade for much of my career and I am very comfortable that we are getting the best Eagle Ford engineering work available,” said Darrell McKenna, CEO of Oracle. “We will have the design work necessary to drill, complete and produce successful wells and we look forward to spudding Oracle’s first Eagle Ford well in the first quarter of 2019.”

Located in British Columbia, Oracle had spent the past years focused on international exploration and development but in 2017 the executive team refocused their efforts on North American shale opportunities.

McKenna previously managed land rigs for Hess Corp. in the Bakken. Others on the team have expertise in South Texas Eagle Ford geology.