Eagle Ford Shale: The Hydrocarbon Powerhouse that is South Texas

North America is home to some of the largest oil fields in the world. The Eagle Ford Shale in South Texas is one of those, which was created about 100 million years ago when a gigantic swathe of forest was buried hundreds of feet beneath the ground (fossil fuels are organic in origin).

Image source: wikipedia.org

The geological formation has permeable rocks which have made it a prime target for oil and gas extraction. The most common method is hydraulic fracturing, also known as fracking, which uses a combination of water, sand, and some special substances to produce massive pressure inducing release of small pockets of oil and gas inside the rocks.

The Eagle Ford Shale yields both crude oil and natural gas. The oil reserves are estimated at 3 billion barrels, while technically recoverable gas is estimated to be at 50.2 trillion cubic feet. On average, a well can produce 2.36 billion cubic feet of gas. All these make the shale among the most important in Texas and North America as a whole.

Dozens of local and foreign companies tap into this resource to keep petroleum demands in the U.S. relatively manageable. According to a new study, 5,000 new wells could be built by 2020 in the area, a development which could generate 68,000 full-time jobs in the state alone. The economic output could reach billions of dollars.

Image source: wikipedia.org

Brian Alfaro is the founder and president of Primera Energy LLC, a leading hydrocarbon production company with significant operations in the Eagle Ford Shale and Barnett Shale in Texas. More about him and his company can be read here.