The Eagle Ford shale in South Texas is poised for rapid production growth because gathering, transportation, processing, and fractionation services already are in place or are planned, analysts and oil company executives note.
Bentek Energy LLC believes the Eagle Ford "stands above the crowd" of multiple US unconventional oil and gas plays because of its high liquids potential and access to crude and natural gas liquids markets.
"Horizontal drilling for oil has been highly successful in the northern part of the play, with production expected to increase fivefold from current levels of 71,000 b/d to an average of 421,000 b/d by 2015," said E. Russell Braziel, managing director of Bentek, based in Evergreen, Colo
Braziel forecasts dry gas production, mostly in the southern Eagle Ford, will increase to more than 3.5 bcfd by 2014 compared with 1.4 bcfd currently.
NGL production from the central Eagle Ford is expected to rise to nearly 260 million b/d by 2014 from current levels of 103 million b/d, Braziel said.
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