The Eagle Ford Shale drilling rig count decreased by three to 264 rigs running. That is one more rig than the average so far this year.
We spent time out at Bentek Energy’s Benposium Conference this week and there were a lot of great Eagle Ford takeaways. One of those was a comparison of the company’s Eagle Ford oil production forecast from two years ago to today. In short, the play is producing just as much today as the company had forecast for 2016 and is now projected to surpass 1.4 million barrels per day in 2016.
Read our highlights in the article Eagle Ford Oil Production Growing Twice As Fast – Bentek [Read more...]