D&L Oil Tools is proud to sponsor and exhibit at the upcoming DUG Eagle Ford Show in San Antonio. The event will be held October 25 – 28, 2015 at the Henry P. Gonzalez Convention Center. Stop by booth 7093 to check out some of our newest tools and meet the team.
Finding the Formula
Increasing EURs + Decreasing Well Costs
Plays Covered: Upper Eagle Ford, Lower Eagle Ford, Buda, Austin Chalk
It takes more than a drop in oil prices to stop producers in the world’s most active shale play. South Texas’ Eagle Ford is a big play with major players. And as they say, “it’s all about location.” The Eagle Ford has a winning combination of geographic and geological advantages. It’s blessed with diverse resources(crude oil, dry gas, and NGLs), ample takeaway capacity (via pipe, rail and barge) and close proximity to downstream markets on the Gulf Coast. In November 2014, the Eagle Ford produced its billionth barrel of crude and condensate — more than 70% of which was produced in the last two years.
This elite play is not immune to the current business cycle though. According to Baker Hughes, Eagle Ford rig count is down over 50% year over year. Yet with the latest efficiency-driven technologies and processes, engineers have found a way to drive breakeven costs below $30 in the best locations.
The world looks to the Eagle Ford to lead the way out of the current business cycle. And this October, 4,000+ industry professionals, 25+ executive-level speakers and 400+ exhibitors are coming together in San Antonio to explore the path forward. Make sure you are there to meet them! Find out why you can’t afford to miss this must-attend event >>