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Ford

Post-Harvey, E&Ps Cut Guidance on Eagle Ford Shut-ins, Gulf Coast Damage

Hurricane Harvey’s lingering impact on the Texas energy sector is forcing producers to reduce guidance, not only from shut-ins in the Eagle Ford Shale but also because of petrochemical limitations at Gulf Coast processing facilities.

September 15, 2017

Harvey’s Impact on Eagle Ford ‘Difficult to Quantify,’ Says Raymond James

The Texas Gulf Coast was drying out Tuesday, more than a week after Harvey pummeled the region and dumped record rainfall across the Greater Houston area, the nation’s largest energy complex. The oil and natural gas industry was back to work after the Labor Day holiday, while experts were attempting to make sense of long-term impacts from the devastation.

September 5, 2017

Eagle Ford Output Down Sharply on Harvey-Related Shut-ins

The Railroad Commission of Texas estimated that as much as 500,000 b/d of Eagle Ford Shale production, or around one-third of its current output, was shut-in because of Harvey.

September 1, 2017
Eagle Ford’s Dry Natural Gas Focus of New PE-Backed Sierra Resources Affiliate

Eagle Ford’s Dry Natural Gas Focus of New PE-Backed Sierra Resources Affiliate

Post Oak Energy Capital LP is opening up its pocketbook once again, agreeing to commit $100 million to Sierra EF LP, which is zeroing in on the Eagle Ford Shale’s dry natural gas window in South Texas.

August 22, 2017
South Texas Eagle Ford Seeing Rigs, Jobs Returning

South Texas Eagle Ford Seeing Rigs, Jobs Returning

Eagle Ford Shale activity bottomed in 2016 and since has turned the corner, as more rigs are raised and activity is escalating, a South Texas economic study is indicating.

June 22, 2017
SM Energy Lifts Production Guidance, Teases Howard County, TX, Well Results

SM Energy Lifts Production Guidance, Teases Howard County, TX, Well Results

Faster completions in the Eagle Ford Shale have prompted SM Energy Co. to raise production guidance by about 0.4 million boe, all thanks to activity during the second quarter.

June 6, 2017
More Rigs, Jobs Return; Eagle Ford Still In Bloom, Analysts Say

More Rigs, Jobs Return; Eagle Ford Still In Bloom, Analysts Say

Rig counts are up handsomely from year-ago levels, and the Permian Basin has been no slouch in contributing to gains. But the Eagle Ford Shale has made a comeback, too.

June 2, 2017
U.S. Drops Three Natural Gas Rigs But Adds 11 Oil Units

U.S. Drops Three Natural Gas Rigs But Adds 11 Oil Units

Rig counts are up handsomely from year-ago levels, and the Permian Basin has been no slouch in contributing to gains. But the Eagle Ford Shale has made a comeback, too.

June 2, 2017
Lonestar Adds 30,000 South Texas Acres For $117M

Lonestar Adds 30,000 South Texas Acres For $117M

Lonestar Resources US Inc. said Tuesday it is acquiring more than 30,000 gross (21,238 net) acres in the Eagle Ford Shale in South Texas for a total purchase price of $116.6 million.

May 30, 2017

Eagle Ford Shale’s Dry Gas Growing Nearer, Dearer to Mexico

Production from the dry gas Eagle Ford Shale, particularly in Webb County, TX, has skyrocketed, and so has Mexico’s gas demand. That would sound like an opportunity to anyone.

May 26, 2017