ConocoPhillips’ Eagle Ford Production Doubles Over Past Year

Better Than Expected Production Led To Full-Year, Company-wide Guidance Increase
ConocoPhillips Eagle Ford Acreage Map

ConocoPhillips Eagle Ford Acreage Map | Click to Enlarge

ConocoPhillips produced 121,000 boe/d from the Eagle Ford in the second quarter of 2013, or roughly double the rate the company produced during the same period in 2012. Maybe even more impressively, production grew almost 20% from the first quarter.

Operators are literally hitting their stride in development mode in the Eagle Ford. Don’t be surprised to see similar performance throughout the year as companies work to make their operations more efficient. [Read more…]