Austin Chalk

SilverBow Bolts On South Texas Package to Expand Eagle Ford, Austin Chalk Opportunities

SilverBow Bolts On South Texas Package to Expand Eagle Ford, Austin Chalk Opportunities

Less than one month after expanding its holdings in South Texas, SilverBow Resources Inc. is adding about 5,500 net acres to build its natural gas and oil portfolio in the Eagle Ford Shale and Austin Chalk.The Houston-based independent clinched the $87 million transaction with an undisclosed seller. The package “provides extended lateral lengths, increased drilling…

October 3, 2022
Magnolia Sets Records with Austin Chalk, Eagle Ford Strategy

Magnolia Sets Records with Austin Chalk, Eagle Ford Strategy

Management at Magnolia Oil and Gas Corp. said sticking to the South Texas-focused independent’s game plan resulted in an exceptional second quarter. CEO Steve Chazen said Magnolia, in its fourth year as a publicly held exploration and production (E&P) company, operates on a tried-and-true business model. “We have consistently executed our strategy, which prioritizes disciplined…

August 16, 2022
Magnolia Reaping ‘Early Stages’ of Growth from Austin Chalk Development

Magnolia Reaping ‘Early Stages’ of Growth from Austin Chalk Development

Magnolia Oil and Gas Corp. may be at the beginning of a year-long surge in production growth after a strong showing in the first three months of the year in the Eagle Ford Shale and Austin Chalk formation. The Houston-based independent previously launched development programs for parts of its South Texas assets, including the Giddings…

May 17, 2022
Lime Rock Adds Austin Chalk, Upper Eagle Ford Prospects to Lower 48 Portfolio

Lime Rock Adds Austin Chalk, Upper Eagle Ford Prospects to Lower 48 Portfolio

Houston-based Lime Rock Resources said it recently spent $271.3 million to pick up a bundle of oil and gas prospects in the Austin Chalk formation and Upper Eagle Ford Shale.  The deal with an undisclosed seller coincided with an $87.3 milion acquisition of Williston Basin assets from Abraxas Petroleum Corp., management said. In the past…

January 5, 2022
Prime Rock, New Dawn Take on E&P in Louisiana’s Austin Chalk

Prime Rock, New Dawn Take on E&P in Louisiana’s Austin Chalk

Prime Rock Resources and New Dawn Energy agreed to jointly develop some Austin Chalk property in Louisiana contributed by each company.

June 13, 2019

Aspen Midstream to Build Austin Chalk Pipeline and Gathering Systems

In another expression of renewed interest in the Austin Chalk, Aspen Midstream LLC said Thursday it is building a large-diameter residue gas pipeline and both lean and rich gas gathering systems in the Giddings Field in South Texas.

October 11, 2018