Oil production in Texas’ Eagle Ford shale formation jumped 54% Y/Y in April; the nine fields...

|By:, SA News Editor

Oil production in Texas’ Eagle Ford shale formation jumped 54% Y/Y in April; the nine fields that make up the majority of Eagle Ford yielded ~530K bbl/day of crude, after February output was revised higher by ~6%. EOG Resources (EOG) is the largest Eagle Ford leaseholder, with 639K net acres, and Chesapeake (CHK) is next with 485K.