The Staggered Eyelet stitch pattern produces a pretty all over eyelet pattern. The eyelets are produced by creating both a yarn over and a decrease. Working these two together creates the eyelet in the fabric and maintains the stitch count.
The stitch looks like little Cornflower on a stockinette background. This stitch is one of those knitting patterns that looks so intimidating, but once you understand the method is a lot of fun to knit.