Eagle Ford rig Most companies have struggled to come to grips with the 2014 crude price crash by curbing investments and delaying projects. The top developers in the Eagle Ford were no exception to this, and as a result, production volumes at this south Texas play have dropped. The U.S. Energy Information Administration (EIA) painted a bleak picture of oil production at Eagle Ford for September 2016, with output expected to drop by 53,000 barrels a day compared to August volumes. However, Eagle Ford — discovered in 2008 — has huge untapped reserves that will still be there well after oil prices return to steadily grow above US$50-60. And when this happens – and it will, even if it may take a year or two – companies will resume investing and technology breakthroughs may make fracking at already-easier-to-frack Eagle Ford even easier. What’s more, the top five players in […]