conoco increases efs reserves by 28%

EFS reserves looks better and better every year (even for the major O&G companies) due to the technical innovation and completion cost efficiencies in drilling.

ConocoPhillips raises estimates on Eagle Ford recoverable resources, production
HOUSTON, Apr. 11
04/11/2014
By OGJ editors
Source: Click here

ConocoPhillips has increased its estimated resource base in the Eagle Ford play to 2.5 billion bbl of oil in place from 1.8 billion bbl, as well as its estimated production from current volumes to more than 250,000 boe/d by 2017.