STW Resources Holding Corp., an oilfield services/construction and water reclamation company, announced Jan. 28 that it is participating in a joint venture to remediate oil-based drill cuttings.

San Antonio, TX-based NuStar Energy LP has closed on the purchase of crude oil pipeline, gathering and storage assets in the Eagle Ford Shale region from TexStar Midstream Services LP for approximately $325 million.

Houston-based Plains All American Pipeline LP has expanded its Eagle Ford portfolio with a $125 million acquisition of certain Eagle Ford infrastructure assets from a subsidiary of Chesapeake Energy Corp.

The Eagle Ford Shale continues to hold enormous value, especially for companies that own premium acreage and are well-positioned in the play according to a recent analysis by Wood Mackenzie. The biggest three players – EOG Resources, BHP Billiton and ConocoPhillips – have a combined remaining value of US$30 billion.

The Ho-Ho reversal project coming online in early 2013 provides an important link between the Texas and Louisiana Gulf Coast markets. Ho-Ho should help to distribute 3 MMb/d of crude supplies arriving over the next two years in the Houston area to refineries throughout the region. All this new pipeline capacity is designed to end the Midwest supply glut. Today we discover how the new supply capacity could initially cause more problems than it solves.

To strengthen its balance sheet and provide working capital for its Eaglebine and Eagle Ford assets, ZaZa Energy Corp. has signed a sales and purchase agreement with Vermilion Energy to sell its French assets for $85.8 million.

The oil and gas industry is experiencing some transformations in obtaining financing with private equity firms while a steel manufacturer recently took a working interest in Piceance basin natural gas drilling, a spokeswoman with Kohlberg Kravis Roberts & Co. LP told the Deloitte Oil & Gas Conference.

On Nov. 6, Houston-based ZaZa Energy Corporation [NASDAQ: ZAZA] issued comprehensive drilling updates on operations in its core Eaglebine and Eagle Ford properties.

Three issues involved in current shale development dynamics may have measurable impact on the use of proppants.

Analysts say that the Utica Shale, which is nearly equal to the size of the Eagle Ford play in Texas, could become the third-largest shale play in the United States, producing as much as 250,000 to 500,000 barrels of oil a day.

Gary Evans has been racking up the frequent-flier miles as he travels from one roadshow presentation to another telling investors and analysts about his company's successes and plans for the future.

On October 19, WTI crude futures for delivery at Cushing, OK closed at $90.05/Bbl – some $20 below the price for the similar grade Light Louisiana Sweet (LLS) crude sold at the Gulf Coast. We believe that price differential will fall as new supplies of domestic and Canadian crude find their way to the Gulf Coast next year (2013). Supplies of South Texas Eagle Ford are already arriving at the Gulf and a new Platts Marker price shows them being priced against LLS. Today we look at the Eagle Ford marker price and what it means for the status of LLS versus WTI.

Houston-based Marathon Oil Corp. plans to sell certain Eagle Ford shale properties deemed no longer essential to its exploration plans.

Port San Antonio and Watco Companies inaugurated a rail service that clears the way for growth at the Port’s East Kelly Railport driven by oil and gas drilling projects in the Eagle Ford Shale.