Conoco Phillips (COP) has 240,000 net acres prospective for the Eagle Ford Shale, and is targeting production of 65,000 barrels of oil equivalent (BOE) per day by 2013 with most of this production from oil and liquids.
Conoco Phillips released the following 30 day average production rates for recent wells into the Eagle Ford Shale.
Livingston #1 – 6.66 million cubic feet per day of natural gas equivalents, composed of 2.8 million cubic feet per day of natural gas and 643 barrels per day of condensate.
Dobie Ranch #1 – 10.66 million cubic feet per day of natural gas equivalents, composed of 5.8 million cubic feet per day of natural gas and 808 barrels per day of condensate.
Eskew East #1 – 9.3 million cubic feet per day of natural gas equivalents composed of 5.3 million cubic feet per day of natural gas and 667 barrels per day of condensate.
Plomero #3 – 7.8 million cubic feet per day of natural gas equivalents, composed of 2.7 million cubic feet per day of natural gas and 850 barrels per day of condensate.
F Malek #1 – 9.7 million cubic feet per day of natural gas equivalents, composed of 3.2 million cubic feet per day of natural gas and 1,129 barrels per day of condensate.
