The most profitable oil field in the world

“Eagle Ford wells cost $7 million to $10 million but they pay back within half a year. “The Eagle Ford has become the most profitable field in the world,” said J. Michael Yeager is CEO of BHP Billiton Petroleum, the Houston-based oil and gas arm of the Australian mining giant that bought Petrohawk Energy Corp. last year for $15.1 billion.”

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