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Eagle Ford Production Reaches All-Time-High 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.
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.
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