Eagle

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
PDC Needs Board Shake Up, Better Strategy, Says Shareholder Kimmeridge

PDC Needs Board Shake Up, Better Strategy, Says Shareholder Kimmeridge

PDC Energy Inc. is facing an uprising from within, as private equity Kimmeridge Energy Management Co. LLC, which owns 5%, called for a board revamp and strategy do-over.

March 7, 2019
Matador Eyes Multi-Well Pads, Longer Laterals in Permian Delaware in 2019

Matador Eyes Multi-Well Pads, Longer Laterals in Permian Delaware in 2019

Dallas-based Matador Resources Co. reaffirmed plans to reduce activity and consider selling assets in the Eagle Ford and Haynesville shales while hunkering down in the Permian Basin’s Delaware sub-basin, where it plans to drill more wells from multi-well pads and with longer laterals.

March 4, 2019
Southcross Restarting Fractionator as Eagle Ford Reaps Benefits of Constrained Permian

Southcross Restarting Fractionator as Eagle Ford Reaps Benefits of Constrained Permian

With an eye on increased oil and natural gas drilling activity in the Eagle Ford Shale, Southcross Energy Partners LP is set to restart its idled Bonnie View fractionator this month, management said last week.

November 20, 2018
SM Energy Considers 15,000-Foot Laterals in Eagle Ford, Permian; Defers Some 4Q Completions

SM Energy Considers 15,000-Foot Laterals in Eagle Ford, Permian; Defers Some 4Q Completions

Denver-based independent SM Energy Co., which is focused mostly on Texas, said it plans to defer some completion activities in the fourth quarter to recover from flooding in the state, as it considers where to drill longer laterals next year in the Eagle Ford Shale and the Permian Basin.

November 6, 2018

Black Mountain Expanding Frack Sand Operations into Anadarko Basin

Fracture sand provider Black Mountain Sand is expanding into the Anadarko Basin with construction underway on its sixth mine, the first outside Texas.

August 28, 2018

Carrizo Shifting From Permian to Eagle Ford for Better Differentials

Despite a more than nine-fold increase in production in the Permian Basin’s Delaware sub-basin, Carrizo Oil & Gas Inc. said it plans to shift rigs and capital to the Eagle Ford Shale over the next 18 months to take advantage of superior returns in South Texas.

August 7, 2018

Marathon Oil Raises Guidance on Solid U.S. Onshore Gains with Austin Chalk Emerging

Houston-based Marathon Oil Corp. (MRO) on Thursday raised its U.S. and global oil and gas guidance, with domestic onshore operations delivering strong returns sequentially across the board, CEO Lee Tillman said during an earnings conference call to discuss results.

August 6, 2018
Eagle Ford Holds Miles and Miles of Natural Gas and Oil, Says USGS

Eagle Ford Holds Miles and Miles of Natural Gas and Oil, Says USGS

The Eagle Ford Group in Texas is rich in oil and natural gas, a unique feature for U.S. onshore plays and ranking among the top five in the country, according to a new assessment.

June 25, 2018

Carrizo Begins Multipad Drilling in Eagle Ford, Beats Guidance in 1Q

Carrizo Oil & Gas Inc. reported progress in its shift to multipad development in the Eagle Ford Shale and beat its production guidance for the first quarter, while also seeing strong initial production from a new well targeting part of the Wolfcamp formation in the Delaware sub-basin of the Permian.

May 8, 2018