Tag: south texas

Shale riches helping South Texas towns pay for upgrades

South Texas communities seem to have come to the same conclusion: The Eagle Ford is here and they’ll be dealing with it for the long term.  More »

Eagle Ford touted as ‘greatest energy success story’

The Eagle Ford Shale could help Texas’ oil production jump ahead of every OPEC country except Saudi Arabia.  More »

ConocoPhillips boosts estimate of Eagle Ford barrels

ConocoPhillips says it’s sitting on even more oil in its Eagle Ford Shale acreage than it thought.  More »

Oil rigs in US extend record as Eagle Ford drilling surges

Rigs targeting oil in the U.S. jumped to a record as energy producers used the most in a year to drill for crude in Texas’s Eagle Ford shale formation. Oil rigs increased by 14 to 1,487, the highest level since Baker Hughes split the oil and gas counts in 1987, data posted on the company’s […]  More »

Exxon Mobil plant fire out in South Texas

Crews have put out a fire at a South Texas natural gas plant operated by Exxon Mobil Corp.  More »

WSJ: Devon Energy in talks to acquire Woodlands company for $6B

GeoSourthern Energy Corp., an exploration firm based in the Woodlands, may merge with Oklahoma City-based Devon Energy in a $6 billion deal, the Wall Street Journal reported Tuesday.  More »

Rig snapshot: Permian Basin still trumps Eagle Ford

The Permian Basin in West Texas has 380 rigs, the Eagle Ford Shale in South Texas has 226 rigs, the Granite Wash in the Panhandle has 40 rigs, the Barnett Shale in North Texas has 34 rigs and the Haynesville Shale in East Texas has 23 rigs, according to Baker Hughes.  More »

South Texas sees struggles, opportunities amid oil boom

Starting in July for the first time ever, more domestic oil left the Port of Corpus Christi than foreign oil arrived. It’s a startling trend, but just one of several effects of the Eagle Ford boom, which has created jobs and wealth in spades, but also turned South Texas upside down in many ways.  More »

Red Queen effect can make production slow down in a hurry

Eagle Ford wells come in producing large amounts of oil or gas, but drop like a roller coaster after a year — a more than 60 percent dip that experts say is inherent to shale production.  More »

More money coming for damaged Eagle Ford Shale roads

An additional $250 million in state funding could go to helping repair damaged roads in parts of the state with booming oil and gas production.  More »

Eagle Ford producers shift gears on well spacing

The idea of “spacing” is a favorite topic of the oil and gas industry, which is agonizing over how closely it can place wells without having them cannibalize each other.  More »

Drilling beyond the Eagle Ford Shale

The Eagle Ford Shale is more than just the Eagle Ford. Several other rock layers sitting above or below it also are producing oil or gas.  More »
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