The Conversation (0)
Eagle Ford Production Reaches All-Time-High in February
Apr. 22, 2013 03:31PM PST
Resource Investing News Bloomberg reported that oil production at the Eagle Ford shale formation in Texas climbed 74%, yielding 471,258 barrels per day in February.
Bloomberg reported that oil production at the Eagle Ford shale formation in Texas climbed 74%, yielding 471,258 barrels per day in February.
As quoted in the market news:
Growing production out of Eagle Ford is helping fuel a renaissance in Texas crude. The state produced 2.26 million barrels a day in December, the highest monthly level since May 1986, according to the Energy Information Administration, the statistical arm of the Energy Department.