The Pearsall underlies the prolific Eagle Ford shale in many parts of the state but industry has primarily viewed it as a dry gas target that did not merit drilling.
However, BHP has joined a handful of companies, including Cabot Oil & Gas and privately held Blackbrush Energy, that believe they have found a liquids-rich window in the play.
BHP Billiton president of petroleum and potash Tim Cutt debuted the play at an analysts meeting, saying the company had promising results from its first well.
The
