Marathon expects to grow output in the Eagle Ford to 80, 000 bpd by 2016.
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Leading growth areas in the U.S. are the Marcellus, Haynesville and Eagle Ford shale plays.
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Murphy also recently established a big position in the Eagle Ford shale region of Texas.
First the Eagle Ford shale, then newer areas like the Mississippi Lime and Permian Basin.
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Interestingly, Hess is selling its assets in the highly profitable Eagle Ford shale in Texas.
The oil industry is planning on drilling 3, 000 wells this year in the Eagle Ford shale alone.
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On the liquids front, Chesapeake still has big chunks of the Eagle Ford, Bakken, Utica and Marcellus shales.
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The Eagle Ford shale discussed in the NY Times article is between 2, 500 and 15, 000 feet deep.
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Last week, we talked about the Eagle Ford Shale, and what a blessing it is for Texas and Texans.
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The geologic trend targeted in the Niobrara shale is the same as the Eagle Ford shale, a thousand miles south.
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With the advent of the Eagle Ford Shale in 2008, shale natural gas production almost tripled in Texas between 2009 and 2012.
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The company has proven unable to capitalize on the lucrative Eagle Ford shale play from which competitors have made fortunes, among other missteps.
Besides the Bakken and Barnett regions, the other major shale fields include the Fayetteville, Haynesville, Marcellus, Utica, Anadarko Woodford and Eagle Ford regions.
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Chesapeake has already moved 72 rigs to the Eagle Ford, Anadarko, and Utica basins in search of more profitable oil and liquids.
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The Bakken and Eagle Ford shales under Montana and North Dakota contain up to 700 billion barrels of fluid oil bound tightly into sandstone.
Enterprise added a fourth fractionator at Mont Belvieu late last year to handle supply growth from the Eagle Ford Shale play in South Texas.
Some of its major growth projects are in the liquid-rich Eagle Ford and Bakken shale regions in the U.S. and the Gulf of Mexico.
Another particular example that shows how knotty this is, is that much of what is coming out of the ground in Eagle Ford is pentane.
ConocoPhillips has substantial positions in gas plays in the Eagle Ford and Bakken shales, and alongside ExxonMobil in the Horn River region of western Canada.
But these days, he's house hunting in San Antonio, the biggest city near the booming Eagle Ford Shale formation, a prime location for hydraulic fracturing.
Like the Barnett, Marcellus, Eagle Ford, and 90% of all other drilling in the U.S. today, the Utica fields will be developed using hydraulic fracking.
There have been other big deals in the Eagle Ford recently.
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New reserves and new fortunes are being made in the Eagle Ford Shale of Texas, the Niobrara in Colorado, the Marcellus in Pennsylvania and the Woodford.
In the wake of this event, now is a good time to reflect on exactly what the Eagle Ford Shale means to the State of Texas.
And in the Eagle Ford shale, what you get out of a well varies greatly depending on where your lease happens to be located above the formation.
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Consider this: the common belief that an operator is able to recover 10-15% of the available resource with the initial completion of an Eagle Ford Shale well.
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On the other hand, CNOOC, a state backed oil and gas firm, has signed deals with Chesapeake Energy to develop shale projects at the Eagle Ford shale.
Chevron, for example, has invested heavily in shale production in the Marcellus field in Pennsylvania, while ConocoPhillips has been working hard at the Eagle Ford formation in Texas.
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