Magellan Partners

Eagle Ford crude production is close to 600 Mb/d as of July 2012. Most forecasts show that number increasing to about 1,200 Mb/d over the next five years. Takeaway projects being developed today to go online by 2013 have capacity for 1,650 Mb/d. The midstream companies building these projects are either wildly optimistic or they know something about Eagle Ford production that we don’t. Today we look at plans for condensate takeaway from the Eagle Ford.