ConocoPhillips Raises Eagle Ford Reserve Estimates By 39% to 2.5 Billion BOE

250,000 boe/d in Eagle Ford Production Estimated by 2017
ConocoPhillips' Eagle Ford Geologic Map

ConocoPhillips’ Eagle Ford Geologic Map

ConocoPhillips increased its Eagle Ford reserve estimates in early April 2014 by 39% from 1.8 billion to 2.5 billion bbls of oil in place.┬áCompany officials say production is expected to exceed 250,000 boe/d in the Eagle Ford by 2017. That’s nearly 100,000 more BOE than the company’s target goal at the end of 2013.

Read more: Conoco Phillips’ Eagle Ford Production Up 58% to 141,000 boe/d in Q4 2013

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