SM Energy Expects Eagle Ford Condensate Discount – Interruptible Gathering

Eagle Ford Production Up 74% From Q1 2012
SM Energy Operated Eagle Ford Acreage Map

SM Energy Operated Acreage | Click to Enlarge

SM Energy expects its Eagle Ford condensate production will realize a long-term average discount of $7-8 to NYMEX prices. Oil production in the region averaged price realizations of 101% and 103% of WTI in the fourth quarter of 2012 and first quarter of 2013, respectively. [Read more…]

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