What's So Great About this Oil Field Right Now?
60% year-over-year growth is quite impressive. That's what the Eagle Ford basin in Texas can claim based on recently released figures of the region's June production levels. While it might be a slight decline based on May of this year, the prospects of the area are still glimmering like the sheen from oil in the Texas sun. EOG Resources can be thanked for helping achieve this rate of growth. After witnessing what has been possible here lately, several companies are returning after vacationing elsewhere around the globe. Want to know who else might be getting in on the action? Tune in to the video below for more.
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The article What's So Great About this Oil Field Right Now? originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Apache. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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