Eagle Ford Production Doubles in Two Months – Bentek

Bentek is quoted in a recent Reuters article about oil & gas pipelines in the Gulf Coast that Eagle Ford Shale production doubled over a two month period from May to July. That seems crazy, but if it is true, it is a glimpse of what’s to come in the Eagle Ford. I will not be surprised when the Eagle Ford Shale rivals the Bakken Shale in terms of production in the next couple of years. The Bakken, in North Dakota, is several years ahead of our South Texas play and produces over 300,000 barrels or oil per day.

Eagle Ford production doubled in two months and now stands at 160,000 bpd, according to energy consultancy Bentek.

Read the full press release at Reuters.com

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Kenneth E. DuBose

Kenneth E. DuBose

Kenneth DuBose is the past President of Cheyenne Minerals Inc., an independent oil and gas operator. He began his energy industry career with ARCO Oil & Gas. Mr. DuBose then directed development of natural gas storage projects with Tejas Power Corp. He was a founding member of U.S. Minerals, (acquired by Torch Energy in 1999) a provider of internet based education for America’s mineral owners. Mr. DuBose holds a BS in Petroleum Engineering from Mississippi State University. He has served on various industry steering committees, non-profit boards, and is an active member of the Society of Petroleum Engineers, the National Association of Royalty Owners, the American Association of Professional Landmen, as well as being a Registered Investment Advisor. He writes on topics of oil and gas investing, wealth management and personal finance, having appeared in the Wall Street Journal, Kiplinger’s, Kiplinger’s Personal Finance, Houston Business Journal, Financial Advisor and various radio and TV outlets.