Eagle Ford Shale

Soros Stakes Claim in Penn Virginia

Onshore independent Penn Virginia Corp.'s (PVA) shares continued to strengthen on Friday, four days after noted investor George Soros disclosed his firm now controls close to 9.18% of the company. Read More

EIA: Most Shales Primed For Higher Production in 2014

Production from five of the top six major tight/shale oil and natural gas regions in the United States are projected to increase over the next year, reaching totals comparable to nations on the world stage, according to data from the U.S. Energy Information Administration (EIA). Read More

BP Takes Up Gauntlet in U.S. Onshore

With one-third of its global energy reserves in the U.S. onshore, BP plc is preparing to do battle with shale-focused independents by separating... Read More

Led by Wattenberg, U.S. Onshore Now Driving Anadarko

Anadarko Petroleum Corp. plans to spend 60% of its 2014 capital budget -- $8.1-8.5 billion -- in the U.S. onshore, particularly the No. 1 asset... Read More

Texas 2013 Oil Production Climbed While Gas Fell from Year Ago

Crude oil and natural gas production in Texas both showed gains in December from year-ago levels, and 2013 production of oil was up significantly while natural gas production declined from 2012 levels, according to preliminary data from the Railroad Commission of Texas (RRC). Read More

Williston Wells Work Better with Slickwater, Halcon Finds

Houston-based Halcon Resources Corp. has raised estimated ultimate recoveries (EUR) in its Williston Basin and East Texas Eagle Ford plays through increase drilling and completion efficiencies, particularly slickwater fracks, executives said Thursday. Read More

EXCO Sees Eagle Ford Light at End of Production Tunnel

At the close of a turbulent year, EXCO Resources Inc. ended 2013 with production decreases and a rising tide of red ink, but moves it made in the Eagle Ford Shale last year may be the light at the end of the tunnel, company officials said. Read More

Forest Oil Trips On Faulting in Eagle Ford

Shares of Denver-based Forest Oil Corp. lost nearly 38% of their value Wednesday after the company said it was deferring drilling in the Eagle Ford Shale while it mulls 3D seismic data and evaluates recent well completion designs due to poor well performance. Capital is to be redirected from the South Texas play to liquids-rich opportunities in the Ark-La-Tex. Read More

After 'Best Year on Record,' EOG Targeting Eagle Ford in 2014

Executives at EOG Resources Inc. said 2013 was the company's "best year on record," with the Eagle Ford Shale driving a 40% year-over-year (y/y) increase in total crude oil and condensate production and overall production climbing more than 9%. Read More

Carrizo Plans to Sink Oil Profits Back Into Eagle Ford, Utica, Niobrara This Year

Carrizo Oil & Gas Inc. said 2013 marked the end of its transition from a company focused on gas to one narrowly focused on oil production. Read More