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STS - Conoco accelerates Eagle Ford as it moves toward plateau - August 15, 2019
ConocoPhillips’ Eagle Ford position, which it operates through its Burlington Resources unit, is in its late-stage growth development, and the company added a seventh rig in Q2 to ramp up as it approaches the plateau phase over the next few years. An eighth rig may be added next year. Q2 production averaged 221,000 boe/d, up 21% YOY. The company is still working to determine its optimal Eagle Ford plateau rate and plans to disclose......
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