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Eagle Ford Shale

Shales Make it Rain Severance Taxes in Texas

Shales Make it Rain Severance Taxes in Texas

The Lone Star State's Rainy Day Fund purse has grown fat from oil and gas tax revenues, and that's expected to continue as Texas drillers drive production…

October 9, 2013
Forest Unloads Texas Panhandle Assets for $1B, Focusing on Eagle Ford

Forest Unloads Texas Panhandle Assets for $1B, Focusing on Eagle Ford

Forest Oil Corp. struck a $1 billion deal to sell oil and gas assets in the Texas Panhandle to Templar Energy LLC as part of a deleveraging program that will allow the company to focus on the Eagle Ford Shale. One analyst called the sale a positive, but investors booed and sent Forest shares tumbling on Friday.

October 7, 2013
Shales Helping Make United States Largest NatGas Producer This Year

Shales Helping Make United States Largest NatGas Producer This Year

Production from the eastern United States, including the powerhouse Marcellus Shale, will help make the country the world’s top producer of natural gas this year, ahead of Saudi Arabia, the Energy Information Administration (EIA) said Friday.

October 7, 2013

Oil Patch LNG Venture Picks Eagle Ford for First Project

Stabilis Energy and Koch Industries unit Flint Hills Resources LLC plan to build up to five liquefied natural gas (LNG) liquefiers to serve oilfield fuel consumers. Their first project is slated for the Eagle Ford Shale.

October 4, 2013
ZaZa, EOG Step Up Eagle Ford JV Activity

ZaZa, EOG Step Up Eagle Ford JV Activity

ZaZa Energy Corp. and joint venture (JV) partner EOG Resources Corp. have revised their agreement in order to further develop and expand their Eaglebine/Eagle Ford Shale East assets

October 1, 2013

Shell Selling Eagle Ford Shale Stake

After taking a more than $2 billion charge against its Canadian and U.S. liquids-rich properties in the second quarter, Royal Dutch Shell plc has decided that its Eagle Fore Shale assets would be better off in the hands of someone else.

October 1, 2013
U.S. Net Oil Independence Possible by 2020, Says Raymond James

U.S. Net Oil Independence Possible by 2020, Says Raymond James

The United States is on track to become net oil independent by 2020, if production continues on its current path in the Permian and Williston basins, and in the Eagle Ford, Raymond James & Associates Inc. analysts said Monday.

October 1, 2013

UBS: Efficiency Gains Mean More Fracking Capacity

The pressure pumping industry is becoming more efficient and learning “to do more with less,” adding overall capacity for hydraulic fracturing (fracking) operations but also oversupplying the market and keeping pumping prices competitive for the next 12-18 months, according to analysts at UBS Securities LLC.

September 26, 2013
Gulf South Project to Link Shales to Louisiana Demand

Gulf South Project to Link Shales to Louisiana Demand

Gulf South Pipeline Co. LP is targeting growing industrial demand in the Baton Rouge-New Orleans, LA, region with a potential expansion of its system that would tap shale gas supplies from multiple basins. The project joins another targeting a similar market from rival Spectra Energy Transmission.

September 24, 2013

Earthworks Blasts TCEQ on Eagle Ford, and the Regulator Responds

A report by environmental group Earthworks on the Eagle Ford Shale alleges “reckless endangerment” by regulator Texas Commission on Environmental Quality (TCEQ); however, TCEQ has fired back that Earthworks is being reckless with the facts of its monitoring and enforcement of drilling, fracking and production in the region.

September 23, 2013