Eagle Ford "Sweet Spots" Remain Profitable

An editorial in the Oil and Gas Journal, reports on a study by Gaffney, Cline and Associated that says Eagle Ford wells are viable for light, sweet crude prices at $80/bbl, but outlying sweet spots are "vulnerable if prices continue falling." The analysis of short term oil prices suggest that "better-performing companies would still appear to be above the economic threshold", while some smaller companies will "feel the pinch."