Companies Bet Big on South Texas Gas Find
Eagle Ford Shale looks to fill a need for operators as it becomes the next big shale play:
"Today, though the economy and natural gas prices remain weak, the Eagle Ford shale remains one of the hottest prospects in North America, and energy companies are moving forward there even as they're pulling back elsewhere.""That's because of what some companies suggest is a virtually recession-proof combination of highly productive wells and low drilling costs they say can yield profits even as natural gas prices hover near seven-year lows."
Read more at Chron.com