Washington summit to focus on the US oil boom’s global implications
The United States’ advantage in unearthing oil and gas from dense rock formations — and the prospect for exporting some of that bounty — will be the focus of discussion during a summit Wednesday in the shadow of the Capitol building. More »
Cabot talks Eagle Ford and the emerging Pearsall Shale
The Houston-based Cabot Oil & Gas has a lot of Eagle Ford Shale acreage, but is also one of the few companies talking publicly about it’s work in the underlying Pearsall Shale. More »
Rig count: Permian Basin dominates Texas rig activity
When it comes to oil and gas drilling, Texas remains in its own category. More »
Kinder Morgan to extend Eagle Ford pipeline
Kinder Morgan Energy Partners is extending a pipeline deeper into the Eagle Ford shale play to provide an outlet for growing oil production in south Texas. More »
Oil traders cut bullish bets by most in six weeks
Hedge funds reduced bullish crude bets by the most in six weeks as futures started falling to a one-month low on concern that production gains in the U.S. and Middle East will outpace demand. More »
Canadian refineries taking more U.S. crude
Canadian refineries are importing U.S. oil at a soaring rate, bringing in crude at four times historic levels as booming shale production continues to reshape the world oil market. More »
Texas leads nation in drilling activity – by a lot
The state has 840 rigs drilling for oil or gas – about 47.7 percent of all U.S. rigs and 26.3 percent of all rigs worldwide, according to the latest Baker Hughes Rig Count. More »
Sanchez Energy adds up its Eagle Ford barrels: 34 million
The Houston-based Sanchez Energy Corp. said in a recent call with analysts that it thinks it will soon have about 34 million barrels of proven reserves in the Eagle Ford Shale. More »
Drilling rigs in the Eagle Ford – and everywhere else
Texas has more than a quarter of the world’s drilling rigs that are hunting oil and gas, according to the latest Baker Hughes Rig Count. More »
New Eagle Ford rail park coming to Bexar County
There’s another new rail park opening in southern Bexar County – part of a railroad boom that’s chasing surging oil and gas production in the Eagle Ford Shale region. More »
EOG Resources: Eagle Ford Shale is ‘steaming ahead’
EOG Resources, the company with the most acreage in the Eagle Ford Shale, is making a lot of money in South Texas. EOG plans to drill 425 Eagle Ford wells this year, More »
Drilling rigs boom in Texas — and across the US
In case you were wondering whether there was really an oil Renaissance happening in Texas, the state has 838 drilling rigs – about 47 percent of all U.S. rigs and 26 percent of drilling rigs worldwide. More »
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