Bentek is quoted in a recent Reuters article about oil & gas pipelines in the Gulf Coast that Eagle Ford Shale production doubled over a two month period from May to July. That seems crazy, but if it is true, it is a glimpse of what's to come in the Eagle Ford. I will not be surprised when the Eagle Ford Shale rivals the Bakken Shale in terms of production in the next couple of years. The Bakken, in North Dakota, is several years ahead of our South Texas play and produces over 300,000 barrels or oil per day.
Eagle Ford production doubled in two months and now stands at 160,000 bpd, according to energy consultancy Bentek.
Read the full press release at Reuters.com