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Saturday, 01/25/2014 9:59:50 AM

Saturday, January 25, 2014 9:59:50 AM

Post# of 332
No shortage of opportunity
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The Eagle Ford Shale

Here is some info about the Eagle Ford Shale from the website below:

Quote:
http://www.universalcitytexas.com/index.aspx?NID=831
The Eagle Ford Shale is a 400 mile long and 50 mile wide gas and oil producing site that stretches across south Texas from the Mexican border all the way up to east Texas. The shale, which has an average thickness of 250 feet, is significant because it produces both oil and gas - the gas coming in both wet and dry forms.

The Houston Cronicle has reported that Eagle Ford Shale has become the heart of economic activity in Texas, attracting foreign companies that have become some of the largest employers in the state. According to the Railroad Commission of Texas, there were 368 producing oil leases and 550 producing gas wells in 2011. From January to October 2011, more than 13 million barrels of oil were produced in Eagle Ford Shale. …


Quote:
http://www.energyfromshale.org/hydraulic-fracturing/eagle-ford-shale-gas?gclid=CJ_km5jXz7kCFc5FMgodQiUAtA
The Eagle Ford Shale gas formation was discovered in 2008 and is unlike many other shale formations because it has both oil and natural gas resources. Located in Southwest Texas, the Eagle Ford Shale is estimated to have 20.81 trillion cubic feet of natural gas and 3.351 billion barrels of oil. The formation ranges in depth from 5,700 to 10,200 feet and covers over 3,000 square miles.



Below is a map of the Eagle Ford Shale:

http://www.universalcitytexas.com/index.aspx?NID=831

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