Last updateTue, 25 Jun 2019 4pm


End-User News

Eagle Ford Oil Growth to Stall in 2019 Amid Weak Prices

According to consulting firm Rystad Energy AS “drillers in the Eagle Ford, Texas’s other shale oil patch, will likely scale back activity in 2019 as lower crude prices eat into cash flows,” Bloomberg reports.

“Production has already started slowing. Supplies this month are expected to average below 1.3 MMbod for the first time since May.” 

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