Eagle Ford Shale

Saturday, May 25, 2013

Energy fact of the day: Eagle Ford Shale sets oil production record in February, with a 74% increase from a year ago

Mark J. Perry | April 22, 2013, 6:08 pm

Bloomberg — “Oil production in Texas’s Eagle Ford shale formation reached an all-time high in February as it climbed 74 percent compared with a year earlier. “The nine geographic fields that make up the majority of Eagle Ford yielded 471,258 … read more >

Carpe Diem

The Eagle Ford Shale oil field came out of nowhere and had a $61 billion impact on the Texas economy last year

Mark J. Perry | March 26, 2013, 9:34 pm

The University of Texas San Antonio (UTSA) released preliminary findings today for its second annual study of the impact of the Eagle Ford Shale on the Texas economy. In its first study for 2011, UTSA found that the oil and gas … read more >

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‘Windfall oil and gas tax revenues’ in Texas contribute to a $8.8 billion ‘windfall’ state budget surplus

Mark J. Perry | March 17, 2013, 4:08 pm

Oil and gas production taxes from areas like the Eagle Ford Shale have pumped billions into the Texas state coffers in the past two years. Natural gas producers paid $2.6 billion in state taxes during the last two-year budget cycle — up … read more >

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Amazing Texas oil facts from the Eagle Ford Shale and Permian Basin areas — teenagers are making $75,000

Mark J. Perry | March 15, 2013, 10:27 am

Facts and anecdotes about the oil boom in Texas, especially in the Eagle Ford Shale and Permian Basin areas, from this Bloomberg article: 1. The first Eagle Ford well was drilled in 2008 when 26 drilling permits were issued and the area produced … read more >

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Texas and Eagle Ford Shale oil facts

Mark J. Perry | March 12, 2013, 9:41 am

Most of these facts about Eagle Ford Shale come from Ted Reed, vice president of operational efficiency for Houston-based Baker Hughes, who was quoted in this San Antonio Express-News article “Eagle Ford Economics Makes Lots of Sense.” 1. The threshold … read more >

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More on America’s shale prosperity

Mark J. Perry | March 8, 2013, 2:17 pm

Matt Phillips at Quartz digs through the Fed’s most recent March 6 “Beige Book” and finds these nuggets on the US shale revolution: Philadelphia Fed: “In areas with Marcellus shale gas, several banks have described customers paying down loans with royalty money and … read more >

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America’s shale prosperity creates a Texas ‘shale billionaire’

Mark J. Perry | March 6, 2013, 10:53 pm

I’ve written before about the amazing and bountiful riches that are being created by America’s shale energy revolution, and how US shale prosperity has even spread halfway around the world to dirt-poor farmers in India. For example: 1. Many landowners in … read more >

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Texas Eagle Ford Shale map and oil production chart

Mark J. Perry | December 25, 2012, 12:20 pm

The map above shows the large Eagle Ford Shale area, which is 50 miles wide and 400 miles long, and covers 23 counties in South-Central Texas, according to the Railroad Commission of Texas – the state agency that regulates the … read more >

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Timelapse of drilling and fracking an Eagle Ford Shale well

Mark J. Perry | December 11, 2012, 12:39 pm

The timelapse video above shows the drilling and fracking of a typical well in the Eagle Ford Shale area of Texas. It was captured in the summer of 2012 by Marathon Oil.

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New NASA satellite photos show America’s oil fields at night

Mark J. Perry | December 11, 2012, 10:19 am

NASA has released some new photos and animations of the Earth at Night constructed using cloud-free night images from a new NASA and National Oceanic and Atmospheric Administration (NOAA) satellite – the Suomi NPP. At the “Now It’s All This” … read more >