Eagle Ford Shale

ASTM Proposes Frack Standard on Data Management, Reporting

More than one year after creating a subcommittee to study hydraulic fracturing (fracking) and develop a consensus for best practices, ASTM International has proposed a new standard for data management and reporting that would cover oil and gas operations in shale plays.

September 4, 2013

Industry Brief

AnEOG Resources Inc.Eagle Ford Shale well that experienced a well control incident Wednesday was still burning Friday morning although the fire had diminished, the company said. There were no reports of injuries as a result on the incident in Lavaca County, TX, and all rig personnel were safely evacuated and accounted for, EOG said.Wild Well Controlwas contracted to assist in the response effort. The company said it was too early to determine the cause.

September 3, 2013

Industry Brief

NuStar Energy LPaffiliateNuStar Logistics LPhas extended an open season to Sept. 30 for its proposed South Texas Crude Oil Pipeline. NuStar is assessing shipper interest incapacityto transport Eagle Ford Shale crude oil from several terminal locations on its South Texas system in Frio, McMullen and La Salle counties to its Corpus Christi, TX, North Beach facility (seeShale Daily,July 24).

August 30, 2013
Texas Oil, NatGas Production Climbed in June

Texas Oil, NatGas Production Climbed in June

Both oil and natural gas production in the Lone Star state climbed during June from year-ago levels, and the top producing counties remained the familiar Permian Basin and Eagle Ford Shale region names, according to Railroad Commission of Texas (RRC) data.

August 29, 2013

Genesis Energy Ready to Build Louisiana Crude Unloading Facility

Genesis Energy LP has completed preliminary work and is preparing to begin construction of a $75 million crude oil unit train unloading facility in Raceland, LA, the Houston-based company said Monday.

August 28, 2013

Fluid Extraction Could Cause Quakes, Too, Eagle Ford Study Finds

While earlier research in Texas’ Barnett Shale linked drilling waste injection into underground storage wells with increased seismic activity, new work in the Eagle Ford by the same geologist suggests that drawing liquids out of the ground can induce earthquakes there.

August 28, 2013
Anadarko’s Onshore Exploration Spending Set to Jump

Anadarko’s Onshore Exploration Spending Set to Jump

Anadarko Petroleum Corp. is setting the wheels in motion to accelerate U.S. onshore drilling following the $2.64 billion cash sale for part of its offshore Mozambique natural gas project.

August 27, 2013
S&P: Any of Several Plays Could Be Next Eagle Ford

S&P: Any of Several Plays Could Be Next Eagle Ford

Liquids-rich and oil plays have clearly won the hearts and dollars of North American producers. The Eagle Ford and Bakken shales are stars now, but several others are poised to join or possibly eclipse them, according to a recent note by Standard & Poor’s Ratings Services (S&P).

August 27, 2013
Independents Proving Size Doesn’t Matter

Independents Proving Size Doesn’t Matter

Big Oil’s attempt to take over the North American onshore from U.S. independents so far hasn’t paid off as some would have imagined just a few years ago, with the majors still struggling to capture the kind of profits and production results they may have been anticipating.

August 23, 2013

BHP Billiton Lauds Eagle Ford, But Cuts Capex For 2014

Australia’s BHP Billiton Ltd. said the Eagle Ford Shale has become the largest producing field in its petroleum and potash division for the year ending June 30, but the company plans to scale back its rig count and spend less on capital expenditures (capex) in the United States in 2014.

August 21, 2013