Although the Eagle Ford Shale is a relatively recent development, rock units above and below the Eagle Ford Shale have a long history of oil and gas interest. Oil and gas have been produced above the Eagle Ford from the Olmos Formation and the Austin Chalk. Below the Eagle Ford, production has been from the Buda Limestone, the Edwards Limestone, and the Pearsall Shale. These rock units are shown in the stratigraphic column on this page. The Eagle Ford Shale is a hydrocarbon-producing geological formation of significant importance due to its capability of producing both natural gas and also more oil than other traditional shale plays. The shale play trends across Texas from the Mexican border into East Texas, roughly 50 miles wide and 400 miles long with an average thickness of 250 feet within Railroad Commission of Texas Districts 1 -6. It contains a much higher carbonate shale percentage, upwards to 70% in south Texas, and The USGS said it now estimates undiscovered, technically recoverable oil and gas resources in the Eagle Ford to be around 8.5 billion barrels of crude and 66 trillion cu ft of natural gas, plus 1.9 The Eagle ford Shale in 2013/2014 - The Eagle Ford Shale was the hottest oil play in the United States in 2012 and is still only getting started. The best oil field currently is the Bakken Shale located in North Dakota.
The Eagle Ford Shale is a hydrocarbon-producing geological formation of significant importance due to its capability of producing both natural gas and also more oil than other traditional shale plays. The shale play trends across Texas from the Mexican border into East Texas, roughly 50 miles wide and 400 miles long with an average thickness of 250 feet within Railroad Commission of Texas Districts 1 -6. It contains a much higher carbonate shale percentage, upwards to 70% in south Texas, and The USGS said it now estimates undiscovered, technically recoverable oil and gas resources in the Eagle Ford to be around 8.5 billion barrels of crude and 66 trillion cu ft of natural gas, plus 1.9
Eagle Ford condensate production reported to the state is conservative number. Condensate is generally defined as hydrocarbon liquids formed by the condensation from gas production, but there is no regulatory definition. In addition to the almost 200,000 b/d reported to the state, it's likely more condensate is falling out of the gas phase further downstream and that some of the production reported as "oil" would be defined by refineries as condensate. Oil production thousand barrels/day Eagle Ford Region-30 0 30 60 90 120 150 Feb 1,369 Mbbl/d Production from new wells Legacy production change Net change Mar 1,369 Mbbl/d thousand barrels/day Eagle Ford Region +116 -116 0 Indicated change in oil production (Mar vs. Feb)-100 0 100 200 300 400 500 Feb 6,878 MMcf/d Production from new wells
The Eagle Ford Group of Texas contains estimated means of 8.5 billion barrels of oil, 66 trillion cubic feet of natural gas, and 1.9 billion barrels of natural gas liquids, according to a new assessment by the U.S. Geological Survey. Eagle Ford Crude Oil Price Today, United States - United States Live & Historical Price Charts USD/Barrel Eagle Ford oil production might go down as the best surprise of the decade. The play was producing virtually zero oil at the beginning of 2010 and is on its way to more than 1 million barrels per day. Below are a few highlights from our recent activity in the Eagle Ford. We continued to deliver strong results across Karnes, Atascosa and Gonzales counties. The third and fourth quarters of 2019 represented the two strongest quarters in the history of the asset on a 30-day initial production (IP) basis for oil. In a time where oil and liquid production (as opposed to reserve accumulation) is the energy industry’s focus, the Eagle Ford Region is, according to the EIA, the second most prolific oil region in For this study, two of the Eagle Ford wells (BD and CB) are located in the oil window and one (LK) is in the wet gas window. X-ray diffraction analysis shows similar mineralogy in the Eagle Ford formation at all three well locations. A geochemical analysis indicates that TOC varies from 2.5 to 7.7 weight percentage.
The USGS said it now estimates undiscovered, technically recoverable oil and gas resources in the Eagle Ford to be around 8.5 billion barrels of crude and 66 trillion cu ft of natural gas, plus 1.9 The Eagle ford Shale in 2013/2014 - The Eagle Ford Shale was the hottest oil play in the United States in 2012 and is still only getting started. The best oil field currently is the Bakken Shale located in North Dakota. Eagle Ford condensate production reported to the state is conservative number. Condensate is generally defined as hydrocarbon liquids formed by the condensation from gas production, but there is no regulatory definition. In addition to the almost 200,000 b/d reported to the state, it's likely more condensate is falling out of the gas phase further downstream and that some of the production reported as "oil" would be defined by refineries as condensate. Oil production thousand barrels/day Eagle Ford Region-30 0 30 60 90 120 150 Feb 1,369 Mbbl/d Production from new wells Legacy production change Net change Mar 1,369 Mbbl/d thousand barrels/day Eagle Ford Region +116 -116 0 Indicated change in oil production (Mar vs. Feb)-100 0 100 200 300 400 500 Feb 6,878 MMcf/d Production from new wells The Eagle Ford Group of Texas contains estimated means of 8.5 billion barrels of oil, 66 trillion cubic feet of natural gas, and 1.9 billion barrels of natural gas liquids, according to a new assessment by the U.S. Geological Survey. Eagle Ford Crude Oil Price Today, United States - United States Live & Historical Price Charts USD/Barrel Eagle Ford oil production might go down as the best surprise of the decade. The play was producing virtually zero oil at the beginning of 2010 and is on its way to more than 1 million barrels per day.