Eagle Ford Shale

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About Eagle Ford Shale and Permian Basin Regions

The Eagle Ford Shale and Permian Basin regions are two of the hottest oil plays in Texas and the nation! The Eagle Ford Shale is a deep formation running across many South Texas counties and the country of Mexico. It is almost 50 miles wide and 400 miles long. New advances in the drilling process has given drillers better access to reach untapped oil and gas reserves. Hydraulic fracturing is a method which pumps a mixture of sand, water and chemicals deep underground to release trapped oil and natural gas. Reports show that the Eagle Ford Shale and Permian Basin region contain billions of barrels of oil. Some of the largest oil companies are involved with the Eagle Ford Shale and Permian Basin region. The Permian Basin is a sedimentary basin in the western part of Texas and westward into the southeastern part of the state of New Mexico. It spans areas south of Lubbock, TX and just south of Midland and Odessa, Texas and reaching into southeastern part of New Mexico. It is 250 miles wide and 300 miles long. Some of the notable companies are Schlumberger, Weatherford, Marathon Oil, and Halliburton. There are many small to medium size oil companies involved as well. The economic boom to Texas will be significant for many years to come. One example is railroad activity and rig count in which both have increased dramatically this year. The economics of the Eagle Ford Shale and Permian Basin oil plays will be in the billions of dollars. The Eagle Ford Shale and Permian Basin will create in excess of over 100,000 jobs in the coming years. The Eagle Ford Shale and Permian Basin will also bring many high paying jobs. Some of the jobs include truck drivers, administration positions, managers, technicians, engineers, chemists and geologists to name a few.

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For a listing of oil companies active in the Eagle Ford Shale play, click here.

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