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Eagle Ford Shale


The Eagleford Shale is a shale rock formation located in several counties of South Texas.
As one of the fastest growing shale plays in the United States, the Eagle Ford shale is yeilding vast amounts of Oil & Gas. With greater amounts of oil and natural gas liquids than most shale plays and the price of crude oil on the rise while natural gas pricing remains stagnant in 2010 the Eagle Ford shale has become a good investment for those producers in the play.

Located below the famous Austin Chalk formation, the Eagle Ford was formed during the Cretaceous geologic period approximately 65 to 145 million years ago. Eagle Ford lies at a depth of between 2500 feet at the edge of the hill country to over 15,000 feet deep in southern LaSalle, McMullen, Live Oak, Bee, DeWitt and LaVaca counties. The area of oil and gas activity is over forty miles wide and four hundred miles long, spanning an area from near Mexico to East Texas. It is at the deeper or more mature end of the formation where pressures are higher and gas volumes greater. The Eagle Ford shale is over 330 feet thick in some areas. While the Eagle Ford Shale has mainly been tested in a few counties located in South Texas, the Eagle Ford Shale extends up toward Dallas County and has an average thickness of 475 feet.

Petrohawk is credited with the discovery of the Eagle Ford shale. At the time of this writing petrohawk controlled 350,000 net acres in LaSalle, McMullen and De Witt counties, as well as other prospective areas of the play, including Red Hawk, an oil prospect located in Zavala County.

Chesapeake Energy is one of the most active players in the Eagle Ford shale with 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas.

EOG Resources has arrived and is calling theEagle Ford Shale the biggest oil discovery in 40 years. EOG Resources has estimated over 900,000 barrels of recoverable oil in the 505,000 acres they hold in the oil and condensate areas. As this is only a small part of the huge play, the Eagle Ford shale may indeed hold billions of barrels of recoverable oil and trillions of cubic feet of natural gas.

The Eagle Ford shale is high in carbonate content, making it very brittle and therefore able to be fractured easily with a frac job. Porosity and permeability are greater in the Eagle Ford shale than other shale plays. Core samples of the shale contain as much as 70% calcite with an average clay content of eleven percent.

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