Last week, I noted how everyone hates natural gas. By that I mean independent oil and gas producers suddenly seem extremely motivated to shift their production mix in favor of crude or other liquids. In that piece, I focused on large companies like EOG Resources
On Friday, Carrizo Oil & Gas
Like EOG Resources, Chesapeake, Devon Energy
I do wonder whether every small company moving into these oily plays will hit the ground running, though. From a technical perspective, EOG Resources appears to be ahead of the pack when it comes to unlocking these new resource plays. We'll see how steep the learning curve actually is.
The Eagle Ford could actually make for a pretty smooth transition, because it produces gas, natural gas liquids, and condensate to varying degrees. Everyone and his mother now seems to be active in this giant play. The latest entrant is Goodrich Petroleum
Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his Motley Fool CAPS profile or follow his articles using Twitter or RSS. The Fool owns shares of Chesapeake Energy. The Motley Fool has a disclosure policy.
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