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EOG Resources says Texas well fire nearly out

  • EOG Resources (EOG) says the Eagle Ford shale oil well fire that has burned since a blowout Wednesday is nearly out as crews worked to cap it.
  • EOG is the largest oil producer in the prolific Eagle Ford play with output of 173K boe/day as of June 30; total Eagle Ford oil production rose to ~621K bbl/day in June, 60.2% higher Y/Y.
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