Way back in 2015, the Eagle Ford Shale in South Texas was big news, duking it out with the Permian and the offshore Gulf of Mexico for the #1 spot in crude oil production and with the then-preeminent Haynesville for top honors in natural gas output. But the mid-decade crash in oil and gas prices hit the Eagle Ford harder than any other U.S. production area — in fact, production there remains below its peak seven years ago. Lately, however, M&A activity in the shale play has been surging, suggesting that the Eagle Ford may finally be on the verge of a serious, sustained comeback. In today’s RBN blog, we discuss this renewed interest in South Texas and whether this time the play’s recovery is for real.
Come Back Song – Does a Slew of M&A and Drilling Activity Signal a Rebound in the Eagle Ford?
