Sonday September 7, 2014
by Rebecca Maitand
Eagle ford had more than a $60 billion impact on the South Texas economy in 2012,
and new Eagle Ford jobs were supported in the multi-country area impacted by the play.
By now, most people have heard about the Eagle Ford Shale, which is oneof the larges
t single economic developments in the history of the state of Texas and is one of the largest
oil and gas development projects in the world based on capital invested.
During the next five years BHP Billiton sees production growth coming from the
"On this bases, our shale business is expected to be come self-funding by fisical year2016,
generate over $2 billion per annumof positive free cash flow by FY18, andapproach $3 billion
of ppositive free cash flow by the end of the decade," Cutt said
For BHP Billiton, its largest productivity oportunities can befound right here in its Texas shale business.