While American’s were celebrating their Thanks Giving last month, OPEC was meeting in Vienna figuring out a way to derail the US latest oil boom of unconventional drilling. Led by Saudi Arabia, the OPEC plan was to not cut oil production and this would then squeeze the US out the market. What is actually happening, the market has taken control of the price and is putting the squeeze on many OPEC nations that cannot operate at a $60 cost per barrel. The large US supplies have no intention of slowing down production as they tired of OPEC dictating their future. Now OPEC finds it’s self for the first time not controlling the market. This is music to the US oil producers, as we’ll see in the new year OPEC backing off and oil prices bouncing back to the $75 – $85 a barrel in mid-2015.
Eagle Ford Shale, one of most successful oil shale plays in the US, just produced their billionth barrels of oil last month has no intention of slowing down. Oil prices may be dropping but the big US oil producers have no plans to slow down operations in Eagle Ford Shale. Karnes County –Eagle Ford Shale the most successful drilling area is producing 1000 to 1500
The good news is OPEC will end up folding their cards by cutting production, as the US producers know very well not to play into the hands of OPEC. It’s time for the US to take back control and not back down by slowing down production.barrels per day and even at $40 a barrel the oil stakeholders can make money all day long. The cost for the oil producers to shut down or slow down operations is far more costly than riding out the storm for the next 6 months and wait for the market to come back to the $75 – $85 range.
Writer: Stan Sprenger operates Eagle Ford Village in Eagle Ford Shale and is in close contact with many of the large oil producers. Dec 12 2014
Eagle Ford Village – opened it’s new village in Dilley,Texas today with state of the art one and two bedrooms homes. Our staff have worked very hard over the last few weeks to meet the December 1st opening deadline. Village Chief, Darla Duhl, put the finishing touches on the homes with new villagers arriving today. The homes have leased out quickly with companies such as Shell, OAG and other oil service groups taking homes in the first phase.
Eagle Ford Village offers more than just a place to sleep. Village homes offer more comforts including private driveways, landscaping, high quality furnishings and all amenities. To quote our company president, “We want to offer more of a home away from home with resort style amenities”.
The next phase of homes are scheduled for completion in January 2013.
For more information contact Eagle Ford Village 1-830-963-1000
Eagle Ford Shale has experienced tremendous growth with explosions of hotels going up and down the corridor on I-35 and I-37. Hotels are charging anywhere from $125 to $250 per night for a room less than 350 sq. ft.
Oil and Gas service men can spend 2 weeks to one month in a hotel. Most service personnel are finding that after a few nights stay in a hotel they miss the comforts of home which include privacy, and space.
There is now a solution! We have just opened the new Eagle Ford Village, located in the center of the Eagle Ford Shale Play in Dilley, Texas. Eagle Ford Village one bedroom homes offer twice the space at half the price of a hotel room. Each home comes with a large Smart HD TV with DISH NET including HBO and specialty channels in the living room with additional TV(s) in the bedroom, and that’s not all:
- Full size stove
- Built in GE Microwave
- Full size GE refrigerator
- Built in GE dishwasher
- Island bar
- Ashley Deluxe full size extra deep comfort Couch
- En-suite bathroom with full size shower
- Top of the line pillow top mattress
- Extra large pillows and high quality sheets
- Whisper quite central air conditioner
- Extra large towels
- WI-FI high speed extreme Internet
- Personal drive way
- Full washer & dryer
- Maid service
So why would anyone stay in a hotel room, when they can get twice the space, and four times the amenities, at half the price?
Contact Eagle Ford Village for a little piece of home 1– 830-963-1000 EagleFordVillage.com for more information.