Eagle Ford
The Eagle Ford shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford shale is about 475 feet. The more active part of the region is mainly in McMullen, Maverick, Dimmit, La Salle, Karnes, Live Oak, and Atascosa counties. The formation produces both natural gas and oil, but it is the oil-producing and gas condensate areas that are hottest right now.
Houston-based Apache Corp. and EOG Resources are two of the largest lease-holders in the Eagle Ford. Other major players include Petrohawk, Swift Energy, ExxonMobil, ConocoPhillips, Murphy Oil, Chesapeake, Cabot Oil & Gas, and Pioneer Natural Resources.
Eagle Ford Shale Map
Eagle Ford Shale News
New railroad by Port San Antonio, Watco to serve Eagle Ford demand
Oct 16, 2012
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. |
Sanchez Energy to accelerate drilling program in Eagle Ford Shale
Oct 1, 2012
Sanchez Energy Corporation [NYSE: SN] has closed the private placement of $150 million of its 4.875% Cumulative Perpetual Convertible Preferred Stock. Net proceeds will be used to accelerate its drilling program across all of its operating areas in the Eagle Ford shale. |
Reader picks: Most popular September OGFJ articles
Oct 1, 2012
The following is a list of the most viewed articles on OGFJ.com for the month of September. |
BENTEK: 70% growth in Eagle Ford NGL production expected over the next two years
Sep 25, 2012
Rapid raw-mix production growth in the Eagle Ford is being supported by 2.5 Bcf/d of new regional processing capacity expected to come online by year-end 2013, reports BENTEK. |
American Standard Energy to reduce debt with $16.4M sale of Eagle Ford interest
Sep 19, 2012
Scottsdale, Arizona-based American Standard Energy Corp. will sell Eagle Ford Shale interests to reduce its payables and debt. |
Texas court orders Eagle Ford rights, proceeds returned to Longview Energy
Sep 10, 2012
In a court judgment believed to be the largest ever involving the Eagle Ford Shale, Judge Amado Abascal of the 365th Judicial District Court in Zavala County has assigned all rights to approximately 46,000 leasehold acres, valued at more than $500 million, to Dallas-based Longview Energy Company. |
Pioneer Natural Resources looks to sell Barnett assets to pursue Permian, Eagle Ford properties
Sep 7, 2012
Looking to capitalize on higher rates of return from its Permian and Eagle Ford positions, Pioneer Natural Resources Co. said Thursday that it is looking to sell the 155,000 gross acres in the Barnett Shale that it has accumulated since entering the play in 2007. |
Halcon Resources sees initial gross production of 942 boe/d from Woodbine completion
Sep 5, 2012
Halcon Resources Corp. has completed the AM Easterling-Gresham A 1H in Leon County, Texas. |
Zaza Energy begins Eaglebine drilling
Aug 17, 2012
Houston-based ZaZa Energy Corp. has commenced drilling its first well in the Woodbine region of Texas, an emerging resource play in the Eastern trend of the Eagle Ford. |
Wood Group increases Eagle Ford Shale presence with Duval acquisition
Aug 6, 2012
Wood Group has acquired Duval Lease Services and Freer Iron Works (Duval), a provider of maintenance, installation and fabrication services in the Eagle Ford shale region of Texas. |
High crude oil prices driving production in Bakken Shale
Aug 1, 2012
The Bakken shale play in North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba is one of the largest oil resources in North America. |
Eagle Ford remains significant
Aug 1, 2012
All things Eagle Ford continue to grow except, perhaps, production |
Brooks replaces McKenzie as ZaZa Energy CEO
Jul 31, 2012
ZaZa Energy Corp. has appointed executive director and president Todd A. Brooks as CEO, replacing Craig M. McKenzie, effective immediately. |
Comstock could see $216M from Eagle Ford Shale JV with KKR
Jul 31, 2012
Comstock Resources Inc. and KKR have signed a joint venture agreement allowing KKR to participate in Comstock's future development of its Eagle Ford shale acreage in Atascosa, Frio, Karnes, LaSalle, McMullen and Wilson Counties in South Texas. |
Report: Typical Eagle Ford Shale well performance exceeds those in the Bakken Shale
Jul 26, 2012
Strong drilling results, coupled with the large prospective area, and magnitude of the resource potential, combine to make the Eagle Ford Shale play in South Texas a contender for the best tight oil play in the US, according to a new report from IHS. |
The “natural gas revolution” is changing global energy dynamics, including the outlook for energy security in the United States and elsewhere. In his keynote speech to the annual 31st annual CERAWeek Executive Conference in Houston, Peter Voser, CEO of Royal Dutch Shell plc, outlines what the industry and policymakers must do to ensure society fully leverages the many benefits of natural gas. He calls for well-targeted and robustly enforced regulations to ensure tight and shale gas production meets the highest standards. He also urges the industry to do a better job of listening and responding to public concerns about the environmental and operational challenges associated with gas production.
Read the full speech by Peter Voser here.
The total value of US oil and gas mergers and acquisitions increased significantly in 2011 due to continued investment in US shale plays and related infrastructure, sustained interest from foreign buyers, and private equity entrants deploying capital in the energy industry, according to an analysis of energy M&A data by PwC US. A major trend in the energy sector driving the increase in deal value throughout the year was a shift towards more investments in oil and liquid plays as natural gas prices remained depressed amid hitting a 10-year low in 2011.
Read more here.
Can the shale gas r
evolution currently taking place in the US be repeated elsewhere? Although significant volumes of unconventional gas deposits are present in Poland, France, Germany, Hungary, Sweden, Turkey, and the UK, shale gas developments are running many years behind their counterparts in the US. Skeptics have pointed out that differences in geology, taxes, public acceptance, environmental regulations and other factors in Europe vs. the US make for a tougher environment in which to develop unconventional resources.
Read the article by Bart J. A. Willigers of Palantir Solutions Ltd. here.
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