Texas: Experts deliver another round of Eagle Ford bullishness

Welding crews are busy laying pipelines such as this one east of Karnes City, Texas in order to get oil and gas extracted from the Eagle Ford shale formation to market. Pipelines are critical because hauling by truck is more expensive. JOHN DAVENPORT/jdavenport@express-news.net

Welding crews are busy laying pipelines such as this one east of Karnes City, Texas in order to get oil and gas extracted from the Eagle Ford shale formation to market. Pipelines are critical because hauling by truck is more expensive. JOHN DAVENPORT/jdavenport@express-news.net

Posted on by Dan X. McGraw

SAN ANTONIO – The development of the Eagle Ford shale continues to prompt dazzling assessments and predictions from experts, who said at an energy symposium Wednesday that in four years, the oil-rich formation could become the nation’s second-most productive shale play.

Production in the Eagle Ford could reach 1 million barrels a day by 2016, said Trevor Sloan, director of energy research at ITG Investment Research in Calgary, Alberta.

Read More: Fuel Fix » Experts deliver another round of Eagle Ford bullishness.

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Posted on May 17, 2012, in Eagle Ford Shale, Quick Links, South Texas, Texas and tagged , , , , , , , . Bookmark the permalink. Comments Off on Texas: Experts deliver another round of Eagle Ford bullishness.

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