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Upper Eagle Ford Shale

Articles from Upper Eagle Ford Shale

Chesapeake Decreases Drilling Activity, Seeks to Complete Eagle Ford Shale Exit

Earnings

Chesapeake Decreases Drilling Activity, Seeks to Complete Eagle Ford Shale Exit

Amid natural gas prices that have slumped below $2.00/MMBtu at a number of pricing hubs across the country, Chesapeake Energy Corp. is lowering its exploration and production activity in the Marcellus and Haynesville shale plays while also looking to complete an exit from the Eagle Ford Shale in 2023. “As we plan our initial capital…

February 22, 2023
Lime Rock Adds Austin Chalk, Upper Eagle Ford Prospects to Lower 48 Portfolio

E&P

Lime Rock Adds Austin Chalk, Upper Eagle Ford Prospects to Lower 48 Portfolio

Houston-based Lime Rock Resources said it recently spent $271.3 million to pick up a bundle of oil and gas prospects in the Austin Chalk formation and Upper Eagle Ford Shale.  The deal with an undisclosed seller coincided with an $87.3 milion acquisition of Williston Basin assets from Abraxas Petroleum Corp., management said. In the past…

January 5, 2022