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
eCORP International names Harris COO
Nov 12, 2010
eCORP International LLC has added Thomas G. Harris to the senior management team as COO and a member of the eCORP Board of Managers. |
Copano Energy signs long-term deal with GeoSouthern in Eagle Ford Shale
Nov 3, 2010
Copano Energy has signed a long-term, fee-based agreement to provide GeoSouthern Energy Corp., one of the first producers to have success in the NGL-rich region of the northern Eagle Ford Shale play in Texas, with gathering, compression, processing, and fractionation services for its Eagle Ford Shale production. |
M&A activity still snail-like, but picks up a little in October
Nov 1, 2010
Domestic upstream M&A deals have been rather slow the past few months, but the 30-day period from mid-September to mid-October included a few more transactions than we've had in recent months.
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Lucas Energy sees first Eagle Ford well drilled in Gonzales County
Oct 22, 2010
Privately-held Hilcorp Energy Co. has started drilling the Hagen EF No.1H, an Eagle Ford horizontal well in Gonzales County, Texas. |
Comstock delayed in completing Haynesville and Bossier shale wells
Oct 19, 2010
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Comstock Resources to sell Mississippi assets for $75M
Oct 12, 2010
In an effort to focus on its Haynesville, Bossier, and Eagle Ford shale assets, Comstock Resources Inc. has agreed to sell its Mississippi oil and gas properties to a privately held company for $75 million cash. |
Statoil forms partnership with Talisman in Eagle Ford
Oct 11, 2010
Through agreements with Enduring Resources and Canada's Talisman Energy, Statoil is entering the Eagle Ford shale with a 67,000 net acre acquisition. |
Chesapeake enters $2.16B partnership with CNOOC in Eagle Ford shale
Oct 11, 2010
Chesapeake Energy Corp. has signed a joint venture with CNOOC for a third (200,000 net acres) of its Eagle Ford shale acreage for $2.16 billion or $10,800/acre (undiscounted). |
PXP increases third quarter production, makes Eagle Ford acquisition
Oct 5, 2010
In addition to announcing an increase in third quarter production, Plains Exploration & Production Co. is beefing up its unconventional resource portfolio with a recent acquisition in the liquids-rich Eagle Ford shale. |
Koch Pipeline, Arrowhead Pipeline add to South Texas crude capacity
Oct 1, 2010
Koch Pipeline Company LP and Arrowhead Pipeline LP will move more Eagle Ford crude via the Arrowhead pipeline to Corpus Christi following a recent agreement and joint tariff.
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Eagle Ford Shale is tops in NGLs, but production may outpace demand
Oct 1, 2010
Of the 22 main shale plays in the United States, the one with the apparent greatest concentration of gas condensates and most liquids-rich production is the Eagle Ford Shale play in South Texas.
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Koch Pipeline, Arrowhead Pipeline add to South Texas crude capacity
Oct 1, 2010
Koch Pipeline Company LP and Arrowhead Pipeline LP will move more Eagle Ford crude via the Arrowhead pipeline to Corpus Christi following a recent agreement and joint tariff.
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Meritage Midstream to extend Eagle Ford Escondido Gathering System
Sep 28, 2010
Golden, Colo.-based Meritage Midstream Services has entered into an agreement with Houston-based Swift Energy Co. to provide natural gas gathering and treating services in the Eagle Ford shale region of South Texas. |
Magnum Hunter secures Marcellus takeaway with DCP Midstream JV
Sep 17, 2010
Through its wholly-owned subsidiary, Eureka Hunter Pipeline LLC, Magnum Hunter Resources Corp. has signed a Marcellus shale gas gathering joint venture agreement with DCP Midstream Partners LP and is now turning its sights on well testing. |
Merrick Systems software to address challenges specific to Eagle Ford shale
Sep 16, 2010
Merrick Systems, a provider of industrial information technology for the oil and gas industry, is growing its footprint in shale oil and gas plays, expanding the capabilities of ProCount, its hydrocarbon accounting software, to handle challenges specific to Eagle Ford shale. |
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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