Texas's Eagle Ford formation 'greatest energy success story'

Fuel Fix:
The Eagle Ford Shale has the greatest potential of all U.S. shale fields — and could help Texas become the world’s second-largest producer of oil, behind Saudi Arabia, according to one of Tuesday’s speakers at the Eagle Ford Consortium conference here.

The state’s production, driven mainly by the Eagle Ford Shale in South Texas and the Permian Basin in West Texas, will reach about 3.4 million barrels per day, said Greg Leveille, manager at ConocoPhillips for technology program-unconventional reservoirs.
...
It continues to be productive as drillers become more efficient in extracting its resources.  It has also been a jobs magnet.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains