Category: Eagle Ford

Memorial Production enters Eagle Ford in $173M deal

Houston’s Memorial Production Partners has bought oil-rich producing wells in the Eagle Ford Shale for $173 million.  More »

Marathon increasing its domestic shale presence

Marathon is continuing to ramp up its presence in domestic shale plays, saying that the Eagle Ford, Bakken and Oklahoma Woodford still provide it some of the world’s best investment opportunities.  More »

More Texas shale gas soon will head to Mexico

Federal regulators have approved Energy Transfer Partners’ plan to extend one of its pipelines from South Texas into Mexico.  More »

Report: Efficiency driving shale production growth

Growing efficiency of horizontal drilling and fracking is driving production increases in basins across the country, the U.S. Energy Information Administration said in a new report this week.  More »

Shell to slash oil field spending, jobs in the Americas

Shell will slash spending and staff in its oil and gas field operations in the Americas, CEO Ben van Beurden told investors Thursday, largely in response to disappointing results in U.S. shale plays.  More »

The Dallas Fed says energy industry remains ‘solid’

The latest Beige Book from the Federal Reserve Bank of Dallas is out, and it said the energy industry “remains solid” with healthy demand for oil field services.  More »

Sanchez Energy shares drop after watery well report

An Eagle Ford well yielded more water than oil.  More »

Traffic fatalities down in Texas drilling area

Traffic fatalities are down but the number of wrecks has risen in a 23-county area of South Texas where oil drilling has boomed in recent years.  More »

New data tool shows best drilling spots in Eagle Ford Shale (video)

As oil prices have climbed and natural gas prices have fallen, operators have increasingly moved to the lucrative plays – a trend that the U.S. Energy Information Administration has mapped out over time.  More »

State oil regulator warns warns operators about gas flares

Texas Railroad Commissioner Christi Craddick said the agency is sending letters to operators Wednesday reminding them of the state’s natural gas flaring rules and warning that the state will enforce them.  More »

Teapots boiling in Texas as shale spurs refining revival

Blue Dolphin, Valero Energy Corp., Kinder Morgan Inc. and others are trying to capitalize on the biggest boom in U.S. history by building new crude-processing equipment, reviving mothballed plants and opening new teapot refineries.  More »

Report: Lower power reserve margin would be more economic for Texas

Texas should keep a 10.2 percent to 14.1 percent cushion of electric generation capacity, according to a report Friday that will inform and probably intensify a politically charged debate over the future of the state power market.  More »