Houston-based Noble Energy Inc. on Wednesday increased its production forecast for the final three months of the year based on improved completion techniques in the Eagle Ford Shale and Denver-Julesburg Basin (DJ), as well as initial results from wells in the Gulf of Mexico.
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Despite $4B Loss, EOG Beats Production Guidance, Adds Delaware Basin Acreage
EOG Resources Inc., the largest oil producer and acreage holder in the Eagle Ford Shale, continued to make impressive gains in completion techniques and used them to beat its production guidance for the third quarter.
ConocoPhillips Aggressively Pursuing Enhanced Completions in Unconventional Fields
ConocoPhillips hasn’t escaped the financial pressures from slack commodity prices, but the slowdown has proved to be an opportune time to continue improving individual wells in regions across its onshore unconventional fields in the Lower 48, a plan that is going to provide a good defense against lower prices in the future, a top executive said Monday.
Goodrich Sells Some Eagle Ford, Retains Some For Better Times
In a liquidity-boosting move, Goodrich Petroleum Corp. is selling Eagle Ford Shale proved reserves and leasehold in LaSalle and Frio counties in Texas for $118 million while retaining some acreage for potential development or sale later. The move was not cheered by analysts or investors.
Clayton Williams Raising Two Rigs in Texas, Increasing Capex
Clayton Williams Energy Inc. (CWEI) is raising it capital expenditure plans this year and resuming drilling in Texas in the Permian Basin and the Upper Eagle Ford Shale during the third quarter, the company said Thursday.
Clayton Williams Raising Two Rigs in Texas, Increasing Capex
Clayton Williams Energy Inc. is raising it capital expenditure plans this year and resuming drilling in Texas in the Permian Basin and the Upper Eagle Ford Shale during the third quarter, the company said Thursday.
Ford F-150 Pickup Trucks Go All Out for Natural Gas, Propane
Already a leading provider or natural gas-powered light-duty pickup trucks, Ford Motor Co. said Monday its 2016 F-150 pickup models will have a 5.0-liter V8 engine offering natural gas and propane as fuel options.
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Ford F-150 Pickup Trucks Go All Out for Natural Gas, Propane
Already a leading provider or natural gas-powered light-duty pickup trucks, Ford Motor Co. said Monday its 2016 F-150 pickup models will have…
Lay It All Down; Rig Count Continues Decline
Conventional business wisdom continues to prevail in unconventional plays; that is to say, producers are going where the money is and pursuing the most economical oil/gas opportunities in the low-price environment.
Carrizo Falling Back to Eagle Ford to Weather Commodities Downturn
Carrizo Oil & Gas Inc. is retreating to its core acreage in South Texas’ Eagle Ford Shale this year, electing to reduce its activity in Colorado, suspend drilling in the Utica Shale and voluntarily curtail natural gas volumes in the Marcellus Shale.