Still Resilient, The Eagle Ford Is The ‘Dark Horse’ Of Shales

The Eagle Ford rig count has been relatively steady compared to other plays through the industry’s frequent commodity price upheavals. Drilling times also continue to improve, said Enverus analyst Bernadette Johnson at DUG Eagle Ford.

Leslie

Haines

Oil and Gas Investor

Wed, 10/09/2019 - 08:00 AM

Johnson

Bernadette Johnson, analyst, Enverus, addresses Hart Energy's DUG Eagle Ford conference and exhibition on Sept. 25 in San Antonio. (Source: Steve Toon, Hart Energy)

The Eagle Ford may be one of the most mature of all U.S. shale plays, but it’s turning out to be one of the most resilient, too. Increased drilling permits to the Austin Chalk in the eastern portion of the play are keeping it relevant.

”We refer to the Eagle Ford as the ‘dark horse,’ because it remains one of the most economic basins in the country, and we are getting the most questions about it and the Austin Chalk,” said Enverus analyst Bernadette Johnson, speaking at Hart Energy’s DUG Eagle Ford conference and exhibition, recently.

“In general, downspacing has been successful here, and more so than in any other play,” she said.

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Texas/La Gulf Coast

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Chart reflects yearly performance.

Leslie Haines

Leslie Haines is executive editor-at-large for Oil and Gas Investor. One of the most respected oil and gas industry journalists in the business, she is celebrating her 30th year at the magazine.

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