Eagle Ford production set another record
AEI:
“Oil production in Texas’s Eagle Ford shale formation reached an all-time high in February as it climbed 74 percent compared with a year earlier.
“The nine geographic fields that make up the majority of Eagle Ford yielded 471,258 barrels of crude a day in February, according to preliminary data released by the Texas Railroad Commission, which oversees oil and gas drilling in the state. In February 2012, the fields produced 271,521 barrels daily.”
...The Eagle Ford has consistently out produced expectations. The interesting thing is that it may not be the most productive field in Texas in coming years because other shale oil formations are being developed in West Texas with an even greater potential.
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