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Eagle Ford Shale

BreitBurn Buys Permian Properties in Texas for $282M

BreitBurn Energy Partners LP (BBEP) is buying oil and gas properties in the Permian Basin in Texas from CrownRock LP for approximately $282 million.

December 13, 2013

BHP: 200,000 b/d Production from U.S. Shales in 2017

BHP Billiton’s U.S. shale business will grow liquids production to 200,000 b/d in fiscal 2017, based on planned annual investment of $4 billion, while the company’s total onshore U.S. production reaches 500,000 boe/d over the same period, Tim Cutt, president of the BHP’s petroleum and potash business said in Houston Tuesday.

December 11, 2013

Laredo, Newfield Plan on Billion Dollar Budgets for 2014

Two independent producers unveiled their capital expenditure budgets this week and gave an early update on production guidance for 2014 in basins stretching from Texas to the Rocky Mountains.

December 10, 2013
Eagle Ford Counties Led Texas Oil Production in September

Eagle Ford Counties Led Texas Oil Production in September

Counties in the Eagle Ford Shale region of South Texas were four of the state’s top five oil-producing counties during September, while North Texas counties were four of the top five natural gas producers, according to the Railroad Commission of Texas (RRC).

November 27, 2013

Dow Unit Technology Recycling Eagle Ford Water

Dow Water & Process Solutions, a unit of The Dow Chemical Co., and Omni Water Solutions have treated more than 245,000 barrels of flowback and produced water from Texas Eagle Ford Shale hydraulic fracturing operations.

November 26, 2013
Devon Spends $6B for Eagle Ford Position

Devon Spends $6B for Eagle Ford Position

Devon Energy Corp. on Wednesday renewed its onshore North American exploration portfolio, dancing away from the one that brought it to the dance — unconventional natural gas — to marry crude oil, a big reason it agreed to spend $6 billion for oily land in the Eagle Ford Shale.

November 20, 2013

ZaZa and Sabine Ink JV Deal for South Texas Play

ZaZa Energy Corp. recently struck a joint venture (JV) deal with Sabine Oil & Gas LLC unit Sabine South Texas LLC to jointly develop its Sweet Home prospect in the Eagle Ford Shale.

November 19, 2013
EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

Natural gas production in the Marcellus Shale continues to surge higher, with 12.9 Bcf/d expected to come out of the prolific play in December, a 3.3% increase from 12.5 Bcf/d in November, according to EIA’s second Drilling Productivity Report (DPR) for key tight oil and shale gas regions.

November 13, 2013
EOG Plans to Pump Up Activity, Spending in Eagle Ford, Bakken

EOG Plans to Pump Up Activity, Spending in Eagle Ford, Bakken

Onshore powerhouse EOG Resources Inc. expects to ramp up 2014 activity and capital spending in the Eagle Ford and Bakken shales, assuming oil and natural gas prices are similar to current New York Mercantile Exchange (Nymex) prices, outgoing Executive Chairman Mark Papa said last week.

November 12, 2013

Spectra Secures 650,000 Dth/d of Contracts for Bi-Directional Service on Tetco

Spectra Energy and Spectra Energy Partners Monday announced they have executed new long-term contracts to bi-directionally transport 650,000 Dth/d of natural gas on their Texas Eastern Transmission (Tetco) system to accommodate the growing manufacturing sector and liquefied natural gas (LNG) export market along the Louisiana and Texas coast.

November 11, 2013