Eagle Ford
News
August 26, 2016
Lucas Energy, Inc., has announced that its wholly-owned subsidiary, CATI Operating, LLC, entered into an agreement with its senior lender, as evidenced by a promissory note, to borrow $1 million, effective August 15, 2016. The company plans to use the funds to participate in the drilling and completion of certain Eagle Ford wells.
News
August 24, 2016
Sanchez Energy Corp. is seeking buyers for some of its acreage in the Eagle Ford shale in south Texas, according to people familiar with the matter, as the explorer looks to raise cash for developing its best prospects.
News
August 11, 2016
AUSTIN, Texas -- Railroad Commissioner Christi Craddick announced details of her Texas Oilfield Relief Initiative on Tuesday as the first rule amendments of the project were rolled out during the Commissioners’ open conference.
News
August 09, 2016
By looking at the intentionally postponed (abnormal) part of the DUC inventory, Rystad Energy observed that all of the major liquid basins are exposed to completion delays.
News
August 03, 2016
Attendance at the Unconventional Resources Technology Conference in San Antonio may have been a bit light this week, given the continuing industry downturn, but the core group of shale experts and enthusiasts was still in evidence at this three-day event that ended Wednesday.
News
August 03, 2016
Newfield Exploration is to divest substantially all of its assets in Texas for combined net after tax proceeds of nearly $390 million, subject to customary purchase price adjustments.
News
July 21, 2016
The number of dormant crude and natural gas wells in the U.S. stopped growing in the first quarter—and may all but disappear in the nation’s biggest oil field should prices hold steady.
News
June 14, 2016
Liberty Oilfield Services, a privately held pressure pumping company, has completed its acquisition of Sanjel Corporation's U.S. assets.
News
May 25, 2016
The heart of the DJ basin, Weld County, exhibits the most commercial fraclog with an average completion cost per barrel of $4.70, according to a study by Rystad Energy.
News
May 19, 2016
Hawkwood Energy’s wholly owned subsidiary Hawkwood Energy East Texas, an independent primarily focused in East Texas, has acquired producing and non-producing assets primarily in Leon and Madison counties in Texas.
News
May 17, 2016
EnerVest has announced new acquisitions in the Eagle Ford shale.
News
May 12, 2016
Newfield Exploration Co. has hired two investment banks to find buyers for its acreage in Texas’s Eagle Ford basin and other oil plays as it seeks to focus on Oklahoma’s Anadarko region.
News
February 17, 2016
HOUSTON -- Noble Energy has set this year’s capital budget at $1.5 billion, which is about 50% lower than last year.
News
February 17, 2016
Saudi Arabia and Russia have taken the first step to stem the slide in oil prices. There’s just one problem: If they are successful—and that’s a big if—the wildcatters of Texas, Oklahoma and North Dakota are waiting to pounce.
News
January 27, 2016
Three major U.S. shale oil companies have slashed their 2016 capital spending plans more than expected in a bid to survive $30/bbl oil prices, with one of them saying prices would need to rise more than 20% just to turn a profit.
News
January 12, 2016
Oil bulls suffering with the lowest prices since 2003 got a glimmer of hope as the government said the U.S. shale patch will lose as much output as an OPEC member. Unfortunately, it’s one of the small ones.
News
December 11, 2015
STAVANGER, Norway -- Statoil announced a series of transactions with Repsol on Friday as the Stavanger-based company seeks to increase the number of operatorships it holds in priority areas.
News
December 02, 2015
On Tuesday, November 17, Weatherford accepted the 2015 Eagle Ford Excellence Award for Environmental Stewardship from the South Texas Energy & Economic Roundtable (STEER).
News
November 16, 2015
The moon was a waning crescent sliver Sept. 9 when a man emerged from an oil tanker, sidled up to a well outside Cotulla, Texas, and siphoned off almost 200 bbl.
News
October 09, 2015
U.S. oil explorers idled rigs for a sixth week as they grapple with crude near $50/bbl.
News
October 02, 2015
Encana Corp. wants to ensure the shale-oil boom keeps booming. The Canadian producer is among a growing number of companies that are restricting initial output—a process known as choking back—in basins from North Dakota to Texas.
