Category: Eagle Ford

Biggest deals in the Eagle Ford Shale

Freeport-McMoRan Oil & Gas has completed the $3.1 billion sale of its Eagle Ford Shale assets to a subsidiary of Encana Corp. Check out the eight other deals that have carried the biggest price tags in South Texas history.  More »

House passes Green’s bill to boost border-crossing energy projects

Before the House voted 238-173 to pass legislation streamlining permits for border crossing energy projects on Tuesday, Rep. Gene Green played a pivotal role lining up support for the measure.  More »

Southton Rail Yard is part of Eagle Ford shale boom

Southton Rail Yard is one of the latest rail sites in South Texas to expand — or appear from scratch in a swath of cleared brush and mesquite — as part of the ripple effect of the Eagle Ford Shale drilling boom.  More »

Feds: Eagle Ford will lead shale production growth in July

The U.S. Energy Information Administration expects that the Eagle Ford Shale will produce 1.4 million barrels of crude oil and other liquids daily in July.  More »

Former Copano execs get $500M to start new pipeline firm

The executives who sold Copano Energy to Richard Kinder’s pipeline empire for $3.2 billion last year have lined up $500 million to start a new oil and gas pipeline company.  More »

Anadarko: 1,000 Eagle Ford wells and counting

The Woodlands-based Anadarko Petroleum Corp. has drilled more than 1,000 Eagle Ford Shale wells so far — and it’s averaging bringing one new well online every day.  More »

Posing a question: How do yoga revenues compare with Eagle Ford costs?

Oil companies will spend about $27 billion drilling wells in the Eagle Ford Shale this year, according to Houston energy research firm Wood Mackenzie.  More »

BHP Billiton touts Texas success

Historically, BHP Billiton’s liquids production has been offshore, but it says it’s new activities in U.S. shale are poised to make big gains for the Australian company.  More »

Laredo Energy gets $130M to up drilling

Laredo Energy has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday.  More »

Q&A: Sanchez Energy rides cost-cutting to growth

One of the most influential people working at Sanchez Energy Corp. isn’t from the oil industry. He’s from General Motors, the largest U.S. auto maker and a company that has become fixated on finding new process efficiencies to help drive profits.  More »

Oklahoma City companies make an Eagle Ford deal

Oklahoma City-based Panhandle Oil and Gas Inc. announced this week that it has signed an $80.4 million agreement to purchase a 16 percent working interest in 11,100 gross acres in the Eagle Ford Shale.  More »

CEO discusses key behind Sanchez Energy’s rapid growth

Sanchez Energy’s massive planned Eagle Ford Shale buy announced Wednesday is the latest in a string of acquisitions that the three-year-old company believes will push its revenue to more than $1 billion next year.  More »
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