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(Getty Images)

Permian Basin output growing, but other top shale plays to fall

The Permian is one of the outliers — the only other play expected to grow over the next two months is the Utica in the Appalachian region.
(Screengrab, via Youtube)

Massive pipeline explosion in Encinal under investigation

The explosion occured at around 4 a.m. at a facility operated by Lewis Energy Group, a San Antonio-based oil and gas company.
eagle ford oil production since 2007

Eagle Ford, Bakken, Niobrara shale plays set to lose nearly 115,000 barrels per day of production next month

The EIA said in its Drilling Productivity Report that overall U.S. oil production would fall 93,000 barrels per day to 5.12 million bpd total in November, the largest decrease recorded in the agency’s data going back to 2007.
Report: Oil falling, but Eagle Ford, Bakken output on the rise

TPH: Production from Big Three shale plays will suffer with $50 oil

The lingering crude slump is expected to drive down production next year in the nation’s premiere oil patches — West Texas’ Permian Basin, South Texas’ Eagle Ford and North Dakota’s Bakken shale.
Karnes County Eagle Ford 10 jl

Enervest buys up Eagle Ford acreage for $125 million

The sale of Alta Mesa Eagle to EnerVest, which is expected to close by the end of the month, includes 7.8 million barrels of oil equivalent in reserve, most of which are in Karnes County, one of the most active regions within the South Texas shale play.
(Spencer Platt/Getty Images)

Abraxas CEO trims his own pay

Robert Watson, San Antonio-based Abraxas Petroleum Corp.’s chairman, CEO and president, volunteered to cut his own pay by 20 percent, according to a Securities and Exchange Commission filing. “We take great pride in aligning our interests with shareholder interests,” Watson said in the filing. “As our shareholders continue to suffer from a difficult environment caused
(Ty Wright/Bloomberg)

Houston-based Milagro Oil & Gas seeks bankruptcy protection

Milagro said in court papers Wednesday it had $1 million to $10 million in assets and $500 million to $1 billion in liabilities and that it couldn’t pay back its debt because its business became unprofitable as crude prices fell.
A group of land owners and conservationist walk on a gasline right of way during a field day to see native plant restoration at Dobie Ranch in Live Oak County, where gas and oil lines have been given right of way, on Tuesday, Sept. 24, 2013. The "field day" several groups including the U.S. Department of Agriculture's Natural Resources Conservation Service, Texas A&M Agrilife Extension, Caesar Kleberg Wildlife Research Institute and South Texas Natives. (Bob Owen/San Antonio Express-News)

New safety rules for South Texas pipeline inspectors mandate “buddy system,” quicker gun licenses

The policy changes follow complaints by Commission Chairman David Porter that the federal government had failed to protect pipeline rights-of-way from becoming pathways for illegal immigration and cartel activity.
(Eddie Seal/Bloomberg)

Battlecat snags $220 million in equity for South Texas drilling

The company has leases in the Eagle Ford Shale and will focus development there and in other shale plays in South Texas.

Valley hopes for economic boom from Mexico’s energy measures

The Rio Grande Valley, which has missed out on most the oil and gas boom in the nearby Eagle Ford Shale, may get its own boost from increased economic activity tied to Mexico’s energy overhaul.