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18 sty 2023 · Oil production in South Texas, home of the second largest U.S. shale field, is expected to rise as much as 4% this year, as higher prices spur more drilling and as U.S. crude exports set...
It is the highest producing oil field in the United States, producing an average of 4.2 million barrels of crude oil per day in 2019. This sedimentary basin is located in western Texas and southeastern New Mexico.
The Eagle Ford Shale (EFS) is one of the largest single economic developments in the history of the state of Texas, and ranks as the largest oil & gas development in the world based on capital invested. Almost $30 billion was spent developing the play in 2013 alone.
The footprint of drilling activity in the Eagle Ford oil and gas trend during 2012 is clearly outlined as an arc of light north of Laredo and south of San Antonio. Note how the trend of light ends at the border between Texas and Mexico.
The Bureau of Economic Geology’s Tight Oil Resource Assessment (TORA) consortium has launched a new, interactive online portal into its comprehensive studies and maps of U.S. shale gas and tight oil plays.
2 dni temu · As crude oil prices continue to climb, South Texas operators are zeroing in on new horizons in the Eagle Ford Shale and revisiting a formation once thought to be an industry classic: the Austin Chalk.
We have been operating in the South Texas Eagle Ford play since 2011. Our acreage is located in the high-return Atascosa, Bee, Dewitt, Gonzales, Karnes, Lavaca, Live Oak and McMullen Counties. Our focus is capital efficient development with a goal of maximizing returns and free cash flow generation.
