(Photo by Eddie Seal for Bloomberg News)

Analysts: Eagle Ford drilling will get a lot cheaper by mid-2016

The oil slump hasn’t stopped producers in the South Texas play from getting better at targeting oil-rich rock in lateral sections of their horizontal wells.
T. Boone Pickens speaks at the 2014 LNG Conference Jan. 22, 2014, in Houston.  (Eric Kayne/For the Chronicle)

T. Boone Pickens makes stock picks amid oil slump

Energy mogul T. Boone Pickens, who has said many times he believes oil prices are headed higher, snapped up shares in a U.S. rig contractor and a pair of oil tanker operators in the first quarter.
A well is drilled at an Apache Energy site in the Permian Basin in Midland, Texas, Feb. 14, 2012. (Jim Wilson/The New York Times)

Shale tech could squeeze 141 billion barrels from oil fields outside the US

Adapting the technology that powered the shale oil boom in Texas to the deserts of Saudi Arabia and elsewhere could free 141 billion barrels of crude, research firm IHS said Thursday.
Brazil's President Dilma Rousseff (L) shakes hands with workers of Brazilian state-run oil giant Petrobras at Petrobras's shipyards in Rio de Janeiro, on September 11, 2013. (VANDERLEI ALMEIDA/AFP/Getty Images)

Brazil, Russia enter ring in U.S.-OPEC heavyweight fight

Contenders in the battle for oil market share include Russian oil companies, Brazil’s state-run Petrobras and oil fields in China and Southeast Asia, which have all pumped thousands of barrels into a global crude glut.
(Photo by Eddie Seal for Bloomberg News)

EIA: U.S. shale production set to fall again in June

Output growth is shrinking even in the Permian Basin, where oil companies have kept more horizontal rigs drilling for oil.
(Brittany Sowacke/Bloomberg)

American Eagle Energy seeks bankruptcy protection

The company, which had focused on oil drilling in the Bakken Shale in North Dakota, had 19 employees in the first quarter, according to regulatory filings. Court papers said the firm had $211.9 million in assets and $215.2 million in debt.
Oil Boom Shifts The Landscape Of Rural North Dakota

Money manager criticizes big bucks spent on shale wells

Shares in U.S. shale-oil drillers including Pioneer Natural Resources Co. and EOG Resources fell after influential money manager David Einhorn criticized the large sums of cash they burn through to frack wells.

Voices Commentary: two sides to the oil drop

FuelFix Voices contributor Matt Smith writes about contrasting repercussions from the oil price drops.
(Ty Wright/Bloomberg)

U.S. oil rig count falls again

U.S. oil companies sidelined 24 oil-drilling rigs this week, according to Baker Hughes’ rig count released Friday, dropping the number of active oil rigs to 679.
(Photo by Andrew Burton/Getty Images)

Texas has the nation’s No. 1 oil field

Texas has shown a significantly stronger presence in the EIA’s top 10 than it did in the agency’s last report in 2009.