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.”

Rob Port is the editor of In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

Related posts