Drilling permits in oil formations rose to 465 in the first week of December, up 91% from the final week of November, as activity remained consistent in Texas and in the Midwest, along with the Bakken Shale bouncing back, according to a tally by Evercore ISI.
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Articles from Eagle Ford
Cactus II Ramp Heralds Start of More Permian Crude Takeaway Options
One of the first of the big Permian Basin-to-Gulf Coast crude pipelines has reached its destination in South Texas, according to Trafigura Trading LLC and Buckeye Partners LP.
ConocoPhillips Grows ‘Big 3’ Lower 48 Production by 30%
ConocoPhillips grew its unconventional production in three Lower 48 unconventional plays by more than 30% in the first quarter and held the line on capital expenditures (capex) and production guidance.
Nuevo Dos to Expand Newly Acquired Eagle Ford System
Equity-backed Nuevo Midstream Dos LLC plans to purchase and expand an oil gathering, storage and intermediate transportation system in the Eagle Ford Shale in South Texas.
Chesapeake Aiming for Transformational Oil Growth in PRB, Eagle Ford
Chesapeake Energy Corp. is poised to transform its production profile to seize the momentum it gained in 2018 to continue boosting oil volumes, with this year’s capital expenditures mainly being directed to the Powder River Basin (PRB) and the Eagle Ford Shale to drive that growth.
NextEra, Howard JV on Natural Gas Infrastructure in South Texas to Expand Exports
Howard Energy Partners (HEP) and NextEra Energy Partners (NEP) on Wednesday said they plan to develop more natural gas transportation projects in the Eagle Ford Shale in South Texas with an eye on export markets, including Mexico.
Proppant Producers Focusing on Texas Operations as Demand Sinks
Emerge Energy Services LP unit Superior Silica has contracted to supply sand from its in-basin mine in San Antonio for Chesapeake Energy Corp.’s growing fracture/completions program in the Eagle Ford Shale under a new agreement, the company said Monday.
Permian, Eagle Ford Help Push Carrizo Production Guidance Higher
Outperforming assets in the Permian Basin and Eagle Ford Shale led Carrizo Oil & Gas Inc. to increase 2018 production guidance to 60,200-60,500 boe/d from the previous range of 58,700-60,100 boe/d.
Magnolia Boosting 2018 Production Guidance, Eyeing Second Rig in Giddings Field
Houston-based Magnolia Oil & Gas Corp. is raising its full-year 2018 production guidance to 53,000 boe/d from its previous 50,000 boe/d estimate, as a result of its strong results in South Texas, management said Tuesday.
Trace Midstream Prioritizing Eagle Ford for Building Natural Gas, Crude, Water Systems
Houston-based Trace Midstream Partners LLC has secured more than $200 million in equity commitments that initially would be trained on natural gas, crude and water solutions in the Eagle Ford Shale in South Texas.