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Eagle Ford Shale

Fueled by Appalachian Natural Gas, Four States to Add Bulk of U.S. Generation by 2025, Says EIA

Fueled by Appalachian Natural Gas, Four States to Add Bulk of U.S. Generation by 2025, Says EIA

Illinois, Michigan, Ohio and Pennsylvania will account for nearly one-half of the estimated 27.3 GW of new natural gas-fired generation capacity in the United States by the mid-2020s, according to the Energy Information Administration (EIA). In its latest Monthly Electric Generator Inventory report. EIA said there was a common thread among the four states: each…

November 23, 2021
EOG’s Permian, Eagle Ford Production Ready to Supply Gulf Coast Export Projects

EOG’s Permian, Eagle Ford Production Ready to Supply Gulf Coast Export Projects

Houston-based EOG Resources Inc., one of the Lower 48’s biggest oil and natural gas producers, is looking to give back to shareholders instead of boosting volumes, with discipline still the mantra going into 2022. The independent delivered better-than-expected natural gas, oil and liquids production during 3Q2021, along with sharply higher profits, CEO Ezra Yacob said…

November 16, 2021
Natural Gas Drilling Picks Up in U.S. as Activity Climbs Onshore and in GOM

Natural Gas Drilling Picks Up in U.S. as Activity Climbs Onshore and in GOM

The U.S. natural gas rig count rose two units to 102 for the week ended Friday (Nov. 12) as gains both on land and offshore headlined continued gains in domestic drilling activity for the period, the latest Baker Hughes Co. (BKR) data show. Four oil-directed rigs were also added in the United States for the…

November 12, 2021
Devon Holding Lower 48 Natural Gas, Oil Production Flat into 2022

Devon Holding Lower 48 Natural Gas, Oil Production Flat into 2022

Global oil and natural gas demand is forecast to remain tight in the months ahead, but Devon Energy Corp. is holding the line on its Lower 48 production and instead rewarding shareholders. The Oklahoma City-based independent, whose portfolio is concentrated in some of the richest oil and natural gas basins of the country, plans to…

November 11, 2021
India’s Reliance Exits North America in Eagle Ford Deal with Ensign

India’s Reliance Exits North America in Eagle Ford Deal with Ensign

A unit of Indian conglomerate Reliance Industries Ltd. reported Monday that it has divested all of its unconventional natural gas assets and has exited North America. Earlier this year Reliance pulled out of Appalachia. The latest exit follows Ensign Natural Resources LLC’s buyout of Reliance Eagleford Upstream Holding LP’s working interest in leases and wells…

November 9, 2021
EOG Eyeing ‘Incredible Value’ for LNG Exports from Permian, Eagle Ford and Dorado

EOG Eyeing ‘Incredible Value’ for LNG Exports from Permian, Eagle Ford and Dorado

Houston-based EOG Resources Inc., one of the Lower 48’s biggest oil and natural gas producers, is looking to give back to shareholders instead of boosting volumes, with discipline still the mantra going into 2022. The independent delivered better-than-expected natural gas, oil and liquids production during 3Q2021, along with sharply higher profits, CEO Ezra Yacob said…

November 8, 2021
Devon Holding Lower 48 Oil, Gas Output Flat into 2022, Rewarding Shareholders Instead

Devon Holding Lower 48 Oil, Gas Output Flat into 2022, Rewarding Shareholders Instead

Global oil and natural gas demand is forecast to remain tight in the months ahead, but Devon Energy Corp. is holding the line on production, instead looking to reward shareholders. The Oklahoma City-based independent, whose portfolio is concentrated in some of the richest oil and natural gas basins of the country, plans to maintain production…

November 4, 2021
Chesapeake Sets 100% RSG Goal, Eyes Moving 3 Bcf/d Carbon-Neutral Natural Gas by Mid-2022

Chesapeake Sets 100% RSG Goal, Eyes Moving 3 Bcf/d Carbon-Neutral Natural Gas by Mid-2022

Chesapeake Energy Corp. plans to direct 85% of its capital spending in 2022 to the “highest return opportunities” in the Eagle Ford, Haynesville and Marcellus shales, as it bears down on sharply reducing methane intensity across the board. CEO Nick Dell’Osso, who took the helm of the Oklahoma City-based independent last month, led a conference…

November 3, 2021
Crescent Pass Expands Footprint in Eagle Ford, Cotton Valley

Crescent Pass Expands Footprint in Eagle Ford, Cotton Valley

Houston-based Crescent Pass Energy LLC, whose Lower 48 focus is in Texas and Louisiana, has expanded its footprint after acquiring producing assets in the northern part of the Eagle Ford Shale and through three bolt-on transactions in the Cotton Valley formation in East Texas. The Eagle Ford deal gives Crescent Pass entry into the play.…

October 1, 2021
Activity Rises in Permian, Eagle Ford as U.S. Rig Count Climbs on Oil Drilling

Activity Rises in Permian, Eagle Ford as U.S. Rig Count Climbs on Oil Drilling

Increased activity in the Permian Basin and Eagle Ford Shale helped push the U.S. rig count nine units higher to 512 during the week ended Friday (Sept. 17), according to the latest data from Baker Hughes Co. (BKR). A 10-rig increase in oil-directed drilling offset a one-rig decline in natural gas-directed rigs in the United…

September 17, 2021
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