Geology of Mexican-South Texas Plays May Be Same, Not Challenges

摘要

The geology of the Burgos Basin across the Rio Grande in northern Mexico from the Eagle Ford Shale in South Texas may be nearly identical, but that is about all that is the same, according to speakers at a conference on the Eagle Ford and Burgos Basin last week. South Texas was an ideal location for an oil and gas boom. "You couldn't have picked a better place on the planet for it to happen," said Jeff Sieler, managing director of investment bank Scotia Waterous.