The World is Watching Eagle Ford

Like it or not, the Eagle Ford oil and gas play in South Texas has gained the attention of the international oil and gas community – and the world.

Maria van der Hoeven, executive director of the International Energy Agency toured the Eagle Ford area last week, hosted by Shell Oil. The next day she spoke at the Baker Institute at Rice University in Houston

Van der Hoeven quoted the US Energy Information Administration figures on the historic rise of unconventional gas – going from zero, 25 years ago to 23% of total gas production in the United States in 2010.

Maria Van der Hoeven IEA

Maria Van der Hoeven Executive Director IEA

She went on to say: “Industry must win public confidence by demonstrating exemplary performance; and governments must ensure that appropriate policies and regulatory regimes are in place” 

“The issue is therefore one of good governance, good management, and good oversight,” she noted….. “These include the implications for water resources, land use and disruption to local communities.”

Translation: It’s up to every employee in the oilfield (from the executives to the truck drivers) to set a good example.

There is so much misinformation going around on Fracking that the common public seems to be confused….. It’s been proven that horizontal drilling and the fracking  associated with it, is no more dangerous to ground water than a convectional vertical well. However, the opponents of fracking are just waiting to point their finger at the first mistake or mishap concerning fracking.

Indeed, the world is watching Eagle Ford.