Pioneer set a record for its fourth-quarter 2013 production in the Eagle Ford Shale, averaging 40,000 boe/d. That’s up ~14% from 35,000 boe/d in the fourth-quarter of 2012.
Forty-one wells were placed on production during the quarter in the Eagle Ford. Full-year 2013 production averaged 38,000 boe/d. That’s an increase of ~35% compared to average production of 28,000 boe/d in 2012.
In the fourth-quarter, the Eagle Ford contributed to Pioneer’s net recoverable resource potential, which increased from more than 8 billion boe to more than 10 billion boe.