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Eagle Ford Shale
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Robust Upstream Drives Texas Industry Employment to New Record

October 3, 2014
Joe Fisher
Strong drilling, production and permitting activity drove the Texas Petro Index (TPI) to another record in September, with oil and gas industry employment hitting its highest level since the index was founded in 1995. Read More
Weekly_Eagle_Ford_Rigs-20141001

Murphy to Redeploy More Spending to Eagle Ford

October 1, 2014
Carolyn Davis
Murphy Oil Corp. is selling off $2 billion worth of stakes in Malaysia oil and gas stakes to increase capital spending in the Eagle Ford Shale, among other things. Read More
eagle-ford-production-20140925

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

September 25, 2014
Joe Fisher
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

Buyers Still Flocking to Eagle Ford

September 24, 2014
Joe Fisher
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

September 19, 2014
Joe Fisher
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

September 17, 2014
Joe Fisher
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
marcellus-utica-shale-drilling-rig-count-2018090

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

September 3, 2014
Carolyn Davis
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
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Buckeye Acquires Eagle Ford-to-Corpus Christi Asset Chain

September 3, 2014
Joe Fisher
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

September 3, 2014
Carolyn Davis
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
monthly-texas-crude-oil-production-20140827

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

August 27, 2014
Joe Fisher
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

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