ConocoPhillips resumes pre-Harvey production volume in Eagle Ford

Things have quickly gotten back to normal in South Texas, after Hurricane Harvey.

In a short statement, ConocoPhillips reported Tuesday it's resumed pre-storm production rates in the Eagle Ford Shale, Kallanish Energy learns. Those rates are roughly 130,000 barrels of oil-equivalent per day (BOE/d), said the Houston-based company.

With that news, the company said its third-quarter and full-year production guidance numbers will remain unchanged. Q3 production is expected to be 1.17 million barrels of oil-equivalent per day (MMBOE/d) to 1.2 MMBOE/d. Its year-end production is expected to be 1.34 MMBOE/d to 1.37 MMBOE/d.

Both estimates exclude Libya and reflect expected impacts from the San Juan, Barnett and Panhandle dispositions, ConocoPhillips said.

It has 213,000 net acres in the Eagle Ford, mostly in DeWitt, Karnes and Live Oak counties in Texas. It also has three condensate plants in the play, where it has been operating five rigs.

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