Privately held Houston-based Laredo Energy reports that the company's gross production of natural gas has reached record levels in Webb County, Texas. Gross production from Laredo's operations in the Eagle Ford shale reached 35 million cubic feet per day (MMcf/d), the output of which is flowing into the newly completed Eagle Ford Escondido Gathering system. Laredo expects to complete three more wells in Webb County and tie them into the system before year-end 2010.
Additionally, Laredo has released the production information for R.V. Benavides No. 5H following successful fracture stimulation. ...