Category: Eagle Ford

Carrizo snaps up Eagle Ford acreage for $250M

The debt-funded deal closed late last week, but Carrizo said it is scheduled pay the bulk of the purchase price by February.  More »

A lot’s changed since 1980s, but lower oil prices still cause unease

Oil prices have fallen this year, and that’s causing people in the oil capital to remember a much deeper slump 30 years ago.  More »

Cabot’s profits soar 44 percent on climbing production

The Houston energy producer posted record high production thanks largely to its footprint in the Marcellus Shale and Eagle Ford Shale.  More »

Oil rout goes unnoticed in Eagle Ford shale

U.S. benchmark West Texas Intermediate oil has dropped 24 percent from its June high, but oil workers in the Eagle Ford shale can’t help but feel optimistic.  More »

Eagle Materials drills further into energy sector with acquisition

Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing process.  More »

Eagle Ford expected to hit 1.6 million barrels next month

The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58 million barrels of oil daily this month, according to the U.S. Energy Information Administration.  More »

Endangered species in Eagle Ford Shale gets help from UT group

The rare creature’s likely habitat includes large swaths of the Eagle Ford Shale, the prolific oil and gas field south of San Antonio.  More »

Eagle Ford, Permian drilling production surges

According to the Texas Petro Index, oil production in Texas rose almost 20 million barrels.  More »

Eagle Ford continues to gush despite rapid well declines

Although Eagle Ford wells tend to drop in production by 60 to 70 percent in the first year, the shale has seen significant surges in crude oil production, the U.S. Energy Information Administration said in a report released Monday.  More »

Encana buying Permian-focused Texas company for $5.9 billion

Calgary-based Encana Corp. will buy Fort Worth’s Athlon Energy in a deal worth $7.1 billion that will give the Canadian company’s a sizable footprint in the Permian Basin.  More »

Cabot snaps up more Eagle Ford acreage for $210M

With the purchase, Cabot Oil & Gas will add about a third to its land position in South Texas.  More »

Eagle Ford booms to the tune of $87 billion

Economic activity related to oil and gas exploration in South Texas is up 43 percent in just the last year in the region.  More »
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