Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Santrol opened its seventh Eagle Ford Shale terminal at the new 320-acre Southton Rail Yard just south of San Antonio’s city limits. The Southton terminal will serve the north and central parts of the shale field, the company announced. Santrol is part of the Ohio-based Fairmount Minerals, which says it now has more than 50 terminals […]
New projects have been the focus of major energy companies during the shale boom, with producers buying up large swaths of acreage, but upstream companies won’t be looking to continue that spending spree in 2014, according to an analysis from Deloitte.
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