Items Tagged with 'eagle'

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Undeterred by Commodity Prices, Cabot Plans Robust 2015 Program With Eagle Ford Focus

Despite admitting that 2015 could be one of the toughest years yet for oil and gas prices, Cabot Oil & Gas Corp. management on Friday reaffirmed the company’s plans to grow annual production by 20-30%, with a drilling program that could eventually lean more heavily on the Eagle Ford Shale of South Texas. Read More

Eagle Materials Nearly Doubles Frack Sand Capacity on CRS Acquisition

Dallas-based Eagle Materials Inc. has agreed to pay $225 million to buy hydraulic fracturing (fracking) sand producer CRS Proppants LLC to expand market share in the Permian Basin, Eagle Ford Shale and Midcontinent, as well as nearly double its sand capacity and reserves. Read More

Weather, Completions Gave SM Energy 3Q Production Pains

Implementation of its enhanced completion program in the Eagle Ford Shale and weather-related delays in the Williston Basin caused SM Energy Co. to turn in disappointing third quarter production results. Read More

Eagle Ford Is Multi-Billion-Dollar South Texas Growth Engine

Eagle Ford Shale oil and natural gas production generated more than $87 billion in economic output for Texas last year, and that contribution to the state's economy is projected by researchers to grow to $137 billion by 2023. 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

Eagle Ford, Bakken Shales Continue to Boost ConocoPhillips' Production

ConocoPhillips reported 1.59 million boe/d of production in 2Q2014, a 6.5% increase year-over-year, and the Houston-based oil independent's Eagle Ford and Bakken shale wells once again had the lion's share of the growth. Read More

Sundance Adds to Eagle Ford Acreage as It Exits DJ Basin

Sundance Energy Australia Ltd. is picking up Texas acreage prospective for the Eagle Ford Shale and for the Georgetown Formation and has sold its acreage in the Denver-Julesburg (DJ) Basin in order to refocus capital on core areas, the company said. Read More

More Than Ever, Permian Drillbits Going Sideways

Over the last five months, the number of horizontal drilling rigs targeting oil in the Permian Basin of West Texas and southeastern New Mexico has climbed... Read More

ConocoPhillips Biggest Contributions from Eagle Ford, Bakken

ConocoPhillips posted better-than-expected results in the first quarter, aided by its "biggest contributor" today, the Eagle Ford Shale. Read More

ConocoPhillips Raises Eagle Ford Reserves Estimates

Super independent ConocoPhillips' estimated resource base in the Eagle Ford Shale is 2.5 billion bbl of oil in place, much more than a previous forecast of 1.8 billion, management said Thursday. Read More