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Just as the Eagle Ford shale is poised to become the nation’s premier onshore liquids producer, operators continue to re-delineate the South Texas play, turning their attention outward, and downward, in the hunt for prospects that extend beyond its 13-county core.
Much of the buzz, of late, has centered on the play’s eastern expansion, where the Eagle Ford intersects the prolific Woodbine sandstone, the celebrated reservoir for the seemingly ageless East Texas field. As the so-called Eaglebine continues to emerge, the triple-window Eagle Ford also is serving as the springboard for a reawakening of sorts for the underlying Pearsall shale, which operators had largely abandoned, when gas prices collapsed. Farther to the south, some operators are looking with cautious optimism at Mexico’s new presidential administration, which they believe could finally open the doors to more U.S. participation in exploiting potential Eagle Ford reserves across the border.
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