60% year-over-year growth is quite impressive. That's what the Eagle Ford basin in Texas can claim based on recently released figures of the region's June production levels. While it might be a slight decline based on May of this year, the prospects of the area are still glimmering like the sheen from oil in the Texas sun. EOG Resources (EOG +0.16%) can be thanked for helping achieve this rate of growth. After witnessing what has been possible here lately, several companies are returning after vacationing elsewhere around the globe. Want to know who else might be getting in on the action? Tune in to the video below for more.
Texas has this region to thank for a lot of its oil production growth.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.