Eagle Ford

Eagle Ford Shale Description ImageThe 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 Play Map

Eagle Ford Shale News

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.

Smart Sand, Canadian Pacific partner to supply frac sand by rail

Jul 18, 2012

Smart Sand and Canadian Pacific Railway Ltd. have partnered to supply and ship premium, Northern White frac sand to the unconventional oil and gas industry in key North America producing regions.

Cabot gets 'robust' price for Pearsall Shale acreage

Jun 22, 2012

Initial results in the Pearsall Shale have been encouraging, noted Jefferies & Co. Inc. following the news of Houston-based Cabot Oil & Gas’s sale of a 35% non-operated working interest in the play to a subsidiary of Japan’s Osaka Gas Co. Ltd.

Blue Dolphin to buy idled Ingleside refinery to process crude and condensate from Eagle Ford shale play

Jun 11, 2012

Houston-based Blue Dolphin Energy Company [OTCQX:BDCO], an independent energy company with refining, midstream, and upstream operations, said June 11 that it had purchased a 180-day option to acquire an idled refinery located in Ingleside, Texas, from Lazarus Energy Holdings LLC, its largest shareholder.

Kinder Morgan completes midstream JV acquisition

Jun 5, 2012

Houston-based Kinder Morgan [NYSE: KMP] said June 4 that it has completed its acquisition of a 50% interest in a joint venture that owns the Altamont gathering, processing, and treating assets in the Uinta Basin in Utah and the Camino Real gathering system in the Eagle Ford Shale in South Texas from Kohlberg Kravis Roberts & Co. LP for $300 million in KMP units.

Copano to expand processing capacity to meet Eagle Ford demand

May 10, 2012

In response to producer demand in the Eagle Ford shale play, Copano Energy, LLC announced today it will add 400,000 Mcf per day of cryogenic processing capacity at its Houston Central complex in Colorado County, Texas.

Eagle Ford impact study results to be released

Apr 30, 2012

Results of the University of Texas at San Antonio’s Eagle Ford Shale Economic Impact Study will be presented on two dates in May.

Capstone to supply Eagle Ford producers with 30 more microturbines

Apr 17, 2012

Capstone Turbine Corp. has received orders for 30 additional C65 microturbines from producers in the Eagle Ford shale play.

Housing shortage: 'Man camp' adds 100 beds in Eagle Ford

Apr 10, 2012

Oil services providers and field personnel working the Eagle Ford shale have a new place to lay their heads at night — and  more — in Kenedy, Texas.

ZaZa Energy expands in the Texas Eaglebine, begins drilling

Mar 29, 2012

ZaZa Energy Corp. has expanded its position in the Eaglebine trend in eastern Texas to a nearly contiguous total holding of approximately 144,123 gross acres through a transaction with a Range Resources subsidiary.

NET Midstream expands Eagle Ford pipeline

Mar 23, 2012

Carrizo to sell certain Barnett Shale assets to Atlas for $190M

Mar 16, 2012

Carrizo Oil & Gas Inc. has entered into a definitive agreement to sell a portion of its properties in the Barnett Shale to a subsidiary of Atlas Resource Partners for $190 million in cash.

American Standard acquires Permian Basin, Williston Basin, Eagle Ford assets from private company

Mar 16, 2012

On March 5, American Standard Energy Corp. closed and funded its acquisition of roughly 72,300 net acres and approximately 250 barrels of oil equivalent per day of production from privately-held Geronimo Holding Corp.

ZaZa, Toreador complete merger to create international resource company

Feb 23, 2012

ZaZa Energy Corp. has completed the combination of Toreador Resources and ZaZa Energy LLC, creating an international resource-focused exploration and production company.

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 rBart Willigers, Palantir Solutions Ltd. 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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