ConocoPhillips Doubling Eagle Ford Production – 2012

ConocoPhillips L48 Production Chart

COP L48 Production | Click for Larger Image

ConocoPhillips’ Eagle Ford production will double over the coming year. The company released fourth quarter earnings on January 25, along with more detail in regards to 2012. The company exceeded 50,000 boe/d in Q4 of 2011 and expects to grow production to more than 100,000 boe/d by the end of 2012. 

Output would already exceed 60,000 boe/d, but Eagle Ford pipeline and midstream constraints have limited production to date. As additional pipeline and gathering comes online, Conoco will add the 10,000 boe/d held back by constraints and add more than 40,000 boe/d from drilling in 2012. Current plans call for 16 rigs to drill 180 wells in 2012. ConocoPhillip’s activity centers around its core acreage in the DeWitt County and Karnes County areas.

Conoco expects to reach peak Eagle Ford production of 140,000 boe/d later in the decade, but that number is likely conservative as the company begins to direct more capital to higher value liquids plays. If natural gas prices remain low, we expect additional capital will be directed to liquids plays in the Permian, Bakken, and Eagle Ford.

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R.T. Dukes

R.T. Dukes

Managing Editor at
R.T. is the managing editor of In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790


  1. Leslie Janssen Lewis says:

    Mr. Dukes, I am the Runge High Schools Athletic Booster Club President… Our County has been blessed by having the Eagle Ford Boom hit our County. We are a 1-A School, but we could use some help, our PRIDE is that of a CHAMPION.. We are very Overlooked, cause our school is SMALL BUT MIGHTY!!! We need help!!! Thank you an God Bless!!!! I could fax u the tax forms, asap, plz and thank you!!!! Leslie Janssen Lewis 361-935-0958…..

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