Money-making opportunities abound in the Eagle Ford region because operators and producers enjoy economic advantages over virtually every other shale play in the U.S. – lucrative drilling targets, diverse resources crude oil, wet gas, NGLs, dry gas, ample capacity for well services, good logistics, access to takeaway infrastructure, and proximity to domestic markets and export opportunities. Only capital resources and water availability constrain the opportunities – and both of those appear manageable. Oil and gas companies forecast to spend $23-$30 billion in the Eagle Ford shale this year, on everything from drilling wells to building pipelines and processing plants.
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- USGS releases new oil-in-place assessment for two Permian zones - northamericanshalemagazine.com December 10, 2018
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