Eagle Ford Shale

Buyers Still Flocking to Eagle Ford

Two deals announced Wednesday show that the liquids-rich Eagle Ford Shale of South Texas can hold its own among the Bakken and Marcellus shales when it comes to drawing in the dollars. Read More

Patterson-UTI Buying Gulf Coast Pressure Pumping Horsepower

A unit of Patterson-UTI Energy Inc. is growing its Gulf Coast region operations by acquiring pressure pumping assets that will support activities in the Eagle Ford and Haynesville shales. Read More

Industry Must Cut Flaring, Conserve Water, Marathon Oil CEO Says

After extolling the benefits of the U.S. shale oil and gas renaissance, Lee Tillman, CEO of leading Eagle Ford Shale producer Marathon Oil Corp., told an industry audience in Texas that operators need to be mindful of air quality, water management and roads. Read More

Shell's Utica NatGas Wells Extend Play into North-Central Pennsylvania

A unit of Royal Dutch Shell plc has drilled two natural gas wells into the Utica Shale in Pennsylvania near the New York border, 100 miles-plus from most of the current activity, news that suggests a much bigger potential for the far-reaching formation. Read More

Buckeye Acquires Eagle Ford-to-Corpus Christi Asset Chain

Growing crude and condensate production from the Eagle Ford Shale was too good for Buckeye Partners LP to ignore. The partnership is buying into Gulf Coast midstream assets that serve the play and offer growth opportunities with expansion currently in progress. Read More

North America's Frack Attack Coming Back

The Denver-Julesburg (DJ) and Permian basins, and the Utica Shale, should lead all onshore plays for horizontal fracturing (fracking) this year as drilling and completion (D&C) activity continues to escalate, according to PacWest Consulting Partners LLC. Read More

Texas Oil and Gas Production Climbed in June, RRC Data Show

Preliminary data from the Railroad Commission of Texas (RRC) show that both crude oil and natural gas production in the Lone Star State climbed during June. Read More

PVA Expects Delays in 2H2014 Drilling Program

Penn Virginia Corp. (PVA) said it expects delays in its drilling program in 2H2014, and it expects those delays to have a slight impact on production, expected earnings and capital expenditures (capex) for the remainder of the year. Read More

SM Energy Raises Production Guidance as Completions Improve

Denver-based SM Energy Co. raised its production guidance for 2014 in spite of an anticipated hiccup in the company's Eagle Ford Shale operations during the third quarter. The company also will be spending more than planned earlier. Read More

EIA: Lower 48 Gas-Fired Generation to Grow to 1.6 Billion MWh by 2040

The use of natural gas for power generation in the Lower 48 is expected to increase to 1.6 billion megawatt hours by 2040, a 1.3% average annual increase, in part due to... Read More