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Eagle Ford

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)

New data reveals which U.S. fracking wells needed the most water to drill

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The shale plays where hydraulic fracturing, or fracking, dominated the majority of oil and gas drilling were also the same plays where water use was highest, ranging between 2.6 million gallons and 9.7 million gallons of water per well.
Noble Energy hunts for oil offshore Israel in the Tamar field. The Houston-based oil company has stalled its Israel investments after a dispute with the country's anti-trust regulators. (Noble Energy)

Noble outflanked a pair of rivals to secure Rosetta deal, docs show

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Noble Energy outbid at least two other companies interested in buying Rosetta Resources by sweetening its offer and agreeing to pay a higher premium for the smaller independent producer than the other firms were willing to spend, newly released regulatory filings reveal.
dollar falling graph

Water recycling costs coming down in South Texas

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Shale wells require millions of gallons of water. Hydraulic fracturing pumps water, chemicals and sand at high pressure to crack shale, allowing oil and gas to flow up a well.
(Photo by Eddie Seal for Bloomberg News)

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

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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.
(Photo by Eddie Seal for Bloomberg News)

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

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Output growth is shrinking even in the Permian Basin, where oil companies have kept more horizontal rigs drilling for oil.
(Ken Childress/Rosetta Resources)

Noble Energy to buy Rosetta Resources for $2.1 billion

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Noble Energy will buy Rosetta Resources in a $2.1 billion deal that gives Noble a footprint in the Eagle Ford and Permian Basin, two of the largest shale plays in the United States.
(Image: Fotolia)

Costs are dropping in the Eagle Ford, producer says

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Swift gave an insightful breakdown of what it costs the company to produce oil and get it to market, as well as the level of cost-cutting companies have been making:
(Daniel Acker/Bloomberg)

CERAWeek: Refiners need more infrastructure to process the surge of U.S. crude

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Revitalized North American crude production has created abundant sources of oil for refineries to process, but has raised the challenge of how to move it from the field to refineries.
Oil Boom Shifts The Landscape Of Rural North Dakota

Shale boom to start busting as U.S. output set to fall

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The shale oil bonanza that made millionaires from Texas to North Dakota is slowing down for the first time in years, a sign that painful industry cutbacks are starting to have an impact.
A Swift Energy Co. production facility in Lake Washington off the Louisiana coast. (Swift Energy Co.)

Eagle Ford producer leases Exxon’s old space

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The Houston-based exploration firm plans to move into former Exxon Mobil space in the Five Greenspoint Place 19-story building at 17001 Northchase Drive.