Posts filtered on Tag

Eagle Ford

(Photo by Eddie Seal for Bloomberg News)

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

on
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

on
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

on
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

on
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

on
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

on
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

on
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.
(Daniel Acker/Bloomberg)

Oil production falling in three big shale plays, EIA says

on
Crude production at three major U.S. shale oil fields is projected to fall this month for the first time in six years, the U.S. Energy Information Administration said Tuesday.
(Daniel Acker/Bloomberg)

EIA: Eagle Ford production will slow in April

on
Oil production from the six largest shale plays in the U.S. will hit 5.6 million barrels per day in April, an increase of less than 300 barrels per day over March.
EOG Resources CEO Bill Thomas at EOG's offices in downtown Houston Thursday Sept. 25, 2014. (Billy Smith II  / Chronicle)

EOG: Delaying completions is “right business decision”

on
EOG Resources officials elaborated on their decision to dramatically pare back well completions in 2015, telling investors the move is “the right business decision.”