Eagle

EIA Forecasts Natural Gas, Oil Production Decline in May from Key Lower 48 Plays

EIA Forecasts Natural Gas, Oil Production Decline in May from Key Lower 48 Plays

Reflecting the impact of both the coronavirus pandemic and the global oil price war, natural gas and oil production from seven of the most prolific onshore U.S. unconventional plays is expected to decline in May compared with April, according to the Energy Information Administration (EIA).

April 14, 2020
EIA Forecasts Natural Gas, Oil Production Decline in May from Key Lower 48 Plays

EIA Forecasts Natural Gas, Oil Production Decline in May from Key Lower 48 Plays

Reflecting the impact of both the coronavirus pandemic and the global oil price war, natural gas and oil production from seven of the most prolific onshore U.S. unconventional plays is expected to decline in May compared with April, according to the Energy Information Administration (EIA).

April 14, 2020

Epic Expanding NGL Fractionation Capacity at South Texas Complex

Epic Y-Grade LP plans to build a second, 110,000 b/d greenfield natural gas liquids (NGL) fractionator at a South Texas fractionation complex to accommodate more Permian Basin and Eagle Ford Shale volumes, the company announced Thursday.

December 13, 2019

Callon CEO Makes Case for Carizzo’s ‘Compelling’ Permian, Eagle Ford Assets

Houston-based Callon Petroleum Co. on Thursday went on the defense after a major shareholder slammed its planned takeover of Carrizo Oil & Gas Inc.

September 26, 2019

Texas Natural Gas, Oil Production Climbed in June

Texas oil and natural gas production climbed month/month across the state during June, with most of the output coming from the Permian Basin and Eagle Ford Shale, state regulators said Friday.

September 6, 2019

Chesapeake Curbing Haynesville Ops in Favor of Oilier Assets

Chesapeake Energy Corp. said Tuesday it would further slash spending on its natural gas assets next year and redirect that capital toward plays in Texas and Wyoming, which are expected to drive double-digit growth in the company’s oil production.

August 6, 2019
ConocoPhillips Boosts Capex, Adds Seventh Eagle Ford Rig

ConocoPhillips Boosts Capex, Adds Seventh Eagle Ford Rig

ConocoPhillips is eyeing higher spending this year than originally forecast to expand development in the United States, with output from the “Big 3” unconventionals alone climbing 26% year/year, the Houston-based super independent said Tuesday.

July 30, 2019

Eagle LNG’s Florida Project Issued Final EIS

FERC staff has completed a final environmental impact statement (EIS) for a project designed to export up to 1 million metric tons/year (mmty) of liquefied natural gas (LNG) from a proposed facility in Jacksonville, FL.

April 12, 2019

Murphy Putting Capital to Work in Eagle Ford, GOM with Sale of Malaysian Business

To keep its focus — and capital — on a U.S. portfolio concentrated in the Gulf of Mexico (GOM) and the Eagle Ford Shale, Murphy Oil Corp. on Thursday said it is exiting Malaysia in a deal worth more than $2 billion.

March 21, 2019

Texas Court Rules Against Chesapeake in Eagle Ford Royalties Case

A Texas appeals court panel has ruled that Chesapeake Energy Corp. should have paid oil and gas royalties to Eagle Ford Shale leaseholders based on the gross proceeds from an adjacent well, not from take points within the trigger distances of the leases.

March 15, 2019
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