SOURCE: Industrial Info Resources

Industrial Info Resources

July 08, 2013 06:15 ET

Surging Crude Oil Production From Eagle Ford Shale Stresses Electric Network in Texas, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 8, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Crude oil production continues to surge in Texas' Eagle Ford Shale, and it's putting a heavy strain on the area's electric infrastructure. Crude oil production averaged 536,117 barrels per day (BBL/d) for the first four months of 2013, a 39% increase over average daily production of 384,631 BBL/d in 2012, according to data from the Texas Railroad Commission (Austin, Texas).

Other companies featured: EOG Resources Incorporated (NYSE:EOG), American Electric Power (NYSE:AEP)

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