Output from Permian, Eagle Ford expected to exceed 2 million barrels in 2013

09/19/2013 | Rigzone

The Eagle Ford Shale and the Permian Basin in Texas are expected to produce more than 2 million barrels of oil per day in 2013, and figures could reach 2.5 million barrels of oil per day in 2014, experts predict. The Eagle Ford Shale for years has been in the forefront of energy exploration in the state, but production in the Permian has been revived by technological breakthroughs in drilling, including hydraulic fracturing and horizontal drilling.

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