Management at Magnolia Oil and Gas Corp. said sticking to the South Texas-focused independent’s game plan resulted in an exceptional second quarter. CEO Steve Chazen said Magnolia, in its fourth year as a publicly held exploration and production (E&P) company, operates on a tried-and-true business model. “We have consistently executed our strategy, which prioritizes disciplined…
Karnes
Articles from Karnes
Magnolia’s Sweet Smell of Success in Eagle Ford Leads to Higher Production Guidance
Eagle Ford Shale pure-play Magnolia Oil & Gas Corp. has boosted its 2018 production guidance on better-than-expected production results in the second quarter, and the company is considering some bolt-ons to build the inventory, CEO Steve Chazen said Tuesday.
August 14, 2018
1Q Losses Climb, Production Drops at EV Energy Partners
First quarter losses at Houston-based EV Energy Partners LP (EVEP) grew from a year ago while production declined on decreased drilling activity.
May 10, 2017
Industry Briefs
GreenHunter Water LLC recently began handling water disposal services at its newly completed salt water disposal (SWD) facility near Helena in Karnes County, TX. The facility is composed of new storage tanks and a fully contained offloading platform that features four unloading tractor trailer bays, a 150 hp pumping system and 2,400 bbl of onsite storage. The newly drilled SWD well was completed to the Middle Wilcox formation at a total depth of 7,800 feet. Green Hunter Water is a unit of GreenHunter Energy Inc. “We expect demand for Class II injection capacity in this part of the Eagle Ford Shale play to remain robust due to the increased drilling in the region directly related to the successful drilling efforts by operators in the ‘oil window’ of the Eagle Ford,” said Green Hunter Energy President Jonathan D. Hoopes. “With this new well now online and the facility operational, GreenHunter Water’s total owned disposal capacity has reached 35,000 bbl per day from a total of seven SWD wells located in five states.”
October 10, 2012
Pioneer JV Signs With Enterprise in Eagle Ford
Units of Enterprise Products Partners LP have struck 10-year agreements to provide midstream services for liquids-rich gas and crude oil production from the Eagle Ford Shale in South Texas, the partnership said Monday.
October 26, 2010
Escondido Kicks Off Open Season at TX Storage Project
Escondido Gas Storage LLC is holding a nonbinding open season for its natural gas storage project located southeast of San Antonio, TX, in Karnes and Live Oak counties. The open season for firm and interruptible storage service will run through 5 p.m. CST Feb. 15.
January 14, 2008
Escondido Kicks Off Open Season at TX Storage Project
Escondido Gas Storage LLC is holding a nonbinding open season for its natural gas storage project located southeast of San Antonio, TX, in Karnes and Live Oak counties. The open season for firm and interruptible storage service will run through 5 p.m. CST Feb. 15.
January 10, 2008
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