Monday, December 8, 2014
Notable Challenges and Rewards in Eagle Ford
Everything about Texas seems to be big, and Eagle Ford shale is no different. The play is geographically big, and it covers about 20,000 square miles in South-Central Texas. It also covers 25 counties. Not to mention, its expenditures were approximately $28 billion as year 2013 came to a close. Similarly, the production of a play roughly the size of the country of Croatia is nothing to sneeze at. In late 2013, Eagle Ford boasted 1 MMboe/d, beating Bakken to the chase. Some experts predict Texas could become the world’s second largest producer of oil, just behind the Kingdom of Saudi Arabia. The Texas oil enterprise has a small problem. In fact, it is so small it cannot be seen with the naked eye.
http://www.shaledirectories.com/blog/notable-challenges-rewards-eagle-ford/
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