Sugarloaf Gas and Condensate Project >> Eagle Ford Shale activity - Regional
Over the past 12 months a number of companies have begun issuing public statements and presentations outlining their participation in the Eagle Ford Trend and whilst it is still in an appraisal stage the reported results indicate that the trend may prove to be one of the premier shale systems in the USA. This ‘title’ has recently been held by the Haynesville Shale. Straddling the Texas/Louisiana border the Haynesville Shale has been demonstrated to be prolific with high initial production rates (IP) of dry gas and recoverable volumes that justify the relatively high cost of drilling to these deeper, hot and high pressured shales.
A number of large US domiciled and listed entities have recently announced their participation within the Eagle Ford Shale. Pertinent details of their interests are summarised in the diagram above.
