Devon Energy’s rising Eagle Ford production – Eagle Ford Fix

Oklahoma City-based Devon Energy expects its new Eagle Ford Shale acreage will be making “significantly above” 100,000 barrels of oil equivalent daily next year.The company closed its 82,000-acre Eagle Ford acquisition from GeoSouthern in February. It was making about 53,000 barrels per day at the time.Now it’s making around 64,000 barrels daily. Devon expects to reach 80,000 to 85,000 barrels per day in the second half of this year, and to crack the 100,000-barrel mark next year, the company’s CEO David Hager said at the recent UBS Global Oil and Gas Conference.

via Devon Energy’s rising Eagle Ford production – Eagle Ford Fix.

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