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Kim Gatley
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enior Vice President & Director of Research at REOC San Antonio

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Eagle Ford’s May oil production rose 58% from previous year

Oil_RigOil production in the South Texas Eagle Ford shale formation rose 58 percent in May from the prior year.

The nine fields that make up the majority of Eagle Ford yielded 581,923 barrels of crude a day, according to preliminary data released by the Texas Railroad Commission, which oversees oil and gas drilling in the state. The fields produced 368,770 barrels daily in May 2012.

Production totals typically increase in subsequent months as the state receives revised, corrected or late reports.

Growing production out of Eagle Ford is helping fuel a renaissance in Texas crude.

Click to read entire article: Eagle Ford’s May oil production rose 58% from previous year (Bloomberg, 7-22-13)

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