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Eagle Ford

Eagle Ford, Bakken shale production on the decline

Eagle Ford, Bakken shale production on the decline

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Output from the Eagle Ford has been falling since March 2015.
Report: Oil falling, but Eagle Ford, Bakken output on the rise

Texas pumps more oil in November, and the Eagle Ford Shale counties stay at the top of the list

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Karnes County is still pumping more crude oil than any other county, with 6 million barrels produced in November.
In this March 25, 2014 photo, a worker oils a pump during a hydraulic fracturing operation at an Encana Corp. well pad near Mead, Colo. The first experimental use of hydraulic fracturing was in 1947, and more than 1 million U.S. oil and oil wells have been fracked since, according to the American Petroleum Institute. The National Petroleum Council estimates that up to 80 percent of natural oil wells drilled in the next decade will require hydraulic fracturing. (AP Photo/Brennan Linsley)

Flotek releases report refuting criticism that it manipulated data

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The Houston-based oil field services company launched an investigation of its chemicals and data analysis software after an Australian fund manager in November disputed the accuracy of Flotek’s self-reported results.
(Eddie Seal, Bloomberg News)

Keane Group buys Trican’s U.S. business for $250 million

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A relatively small and quiet oil field services company, Keane Group is more than doubling its size through the deal with the goal of additional future acquisitions, said Keane CEO and Chairman James Stewart.
(Johnny Hanson/Chronicle)

Texas leads the way in another rig count decline

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South Texas’ Eagle Ford shale saw four more rigs go dark this week, while West Texas’ Permian Basin lost another three rigs, according to according to weekly data released by oil field services firm Baker Hughes.
( Johnny Hanson / Chronicle )

Permian, Eagle Ford combine for 10 shut down rigs

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The oil-soaked Permian Basin in West Texas, which had remained a favorite among U.S. exploration and production companies despite the prolonged crude slump, showed continued signs of weakness this week.
TPH report: At $50 oil, Eagle Ford production could dip 13 percent

Eagle Ford Shale counties top Texas production for October

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Communities in the Eagle Ford Shale topped the state’s list of the biggest crude oil, condensate and natural gas producers in October, according to preliminary data released this week by the Texas Railroad Commission. Karnes County continues to pump more crude oil than any other county, with nearly 6.39 million barrels produced in October.
The derrick of an oil drilling platform sits at a drilling site operated by Tatneft OAO near Almetyevsk, Russia, on Friday, July 31, 2015. Eleven months of surviving with oil below $100 have left Russia hardened enough to endure a monthlong drop to $40 a barrel, a survey of economists showed. Photographer: Andrey Rudakov/Bloomberg

Noble Energy shrugs off downturn to crank up production

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Despite pulling back from some of its oil fields, Noble Energy cranked up production in recent months, with plans to send more oil to market in the fourth quarter than it had originally projected.
(Ty Wright/Bloomberg)

Oil rig count plunge returns to double-digits

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The total count for oil rigs operating across North America now stands at 578, down from a peak of 1,609 in October 2014.
Phillips 66 Sweeny refinery.  (Ryan Holeywell/Houston Chronicle)

Phillips 66 delays Sweeny startup after mechanical failure

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The 100,000-barrel-a-day Fractionator One project at Phillips 66’s Sweeny complex is part of a $3 billion capital expansion project in southern Texas launched last year.