Eagle Ford (EF) Oil Production Shows 2.2% Annual Growth Rate

AI Summary

The Eagle Ford shale play has demonstrated a 2.2% growth in oil and gas production over the twelve months ending March 2026. The U.S. Geological Survey (USGC) estimates that the Buda Limestone formation has only 184 billion cubic feet of gas and 12 million barrels of oil remaining, limited as compared to its historical output of 204 million barrels of oil and 287 billion cubic feet of gas since 1930. The production at Eagle Ford ranged between 2.36 and 2.46 million barrels of oil equivalent per day (boepd) during the past year. This stability indicates the basin's maturity amid declining rig counts and underscores the industry's need for new resources.