You probably saw our big feature on reporter Robert
Johnson's trip to Williston, North Dakota, the capital of the state's Bakken
shale oil boom has led to defacto full employment.
But we may have journeyed to the wrong region.
A new report from IHS Global Insight (as noted by
Professor Mark J. Perry) suggests the Eagle Ford play near San Antonio, Texas,
is poised to overtake the Bakken as the country's most promising oil reservoir:
“Our analysis at IHS indicates that Eagle Ford drilling
results to date appear to be superior to those of the Bakken,” said Andrew
Byrne, director of equity research at IHS and author of the study. “Although
the well counts aren’t nearly as high at this point in development of the Eagle
Ford, the peak of the well-distribution curve compares favorably with the
Bakken.”
