With domestic production at a 28-year high, LOOP’s managers are thinking the previously unthinkable: They want to reverse the flows and send North American oil out as well as take foreign oil in. More »
Talisman Energy and Statoil ASA’s effort to sell their joint venture in the Eagle Ford Shale has ended after offers came in lower than expected, Bloomberg News is reporting. Bloomberg reports. More »
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 »
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.
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.
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 »
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 »
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 »
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 »
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 has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday. More »
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-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 »
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 »
Sanchez Energy Corp. announced Wednesday a $639 million deal to purchase 106,000 of net acres from Shell subsidiaries in the Eagle Ford Shale. More »