Marathon geologist is bullish about Texas shale play

01/10/2013 |

The energy industry is still in the early stages of tapping the Eagle Ford Shale formation in Texas, and there is no clear estimate of the play's reserves, observers say. The formation's wells are also producing more oil compared with those in the Bakken Shale in North Dakota, said John Breyer, a geologist and senior technical consultant at Marathon Oil. The Eagle Ford play "is going to dwarf North Dakota," he said.

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