The DUG Eagle Ford Conference and Exhibition took place in San Antonio this week. While there, Hart Energy's Jessica Morales sat down with Peter Duncan, president and CEO of MicrosSeismic Inc., to discuss topics of interest from the event.
“It has really been exciting at the Eagle Ford conference this week to see the interest returning back to the Eagle Ford. I have to ascribe that to the fact that the Eagle Ford is mature. People understand the geology. They know where to play and yet there are still large drilling inventories,” Duncan said.
“Clearly the location, the infrastructure, close to the market. The ability to get LNG plants and processing plants is enabling the Eagle Ford to become a really active play again.”
Devon Energy had been actively shopping the Permian Basin assets, and others in the Rockies, the past several months.
Production from Occidental Petroleum's Permian Basin unit rose 57% to 250,000 boe/d in the fourth quarter, boosted by its investments in the basin.
A big crowd turned out for an afternoon honoring industry leaders representing all facets of the energy sector.