OPEC loses control of oil Market

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 iStock_000012572734Mediumper 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 – no plans for a slow down

Eagle Ford Shale drilling continues

Eagle Ford Shale drilling continues

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

Our landscaping In Our Phase II Development Is Going In!

Eagle Ford Village landscaping

 

Eagle Ford Village landscaping 2

 

We are exciting that our Phase II Development landscaping is going in this week! Our Eagle Ford Village team has been working hard to make sure that Phase II looks and feels like home and the landscaping is one of our final steps to completing Phase II!

We have 2 bedroom and 5 bedroom homes available by night, week, month or yearly leases – from $36 a night with a lease, and $89 a night. We are hotel conveniently located in Dilley, Texas and offer short-term, long-term and by the night accommodations. Our cabins and lodging in Dilley are located 1.5 miles east of I-35, exit 84. Feel free to contact us anytime to make a reservation — Darla, our Village Queen, will be more than happy to help you make a reservation. We are the premier workforce housing in the Eagle Ford Shale!