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 News

Talisman's shale strategy emphasizes Eagle Ford liquids

Mar 6, 2013

Talisman Energy Inc. is setting its short-term priority on developing liquids in the South Texas Eagle Ford liquids shale play and also on drilling to hold strategic land positions in some of its dry gas plays, Talisman Pres. and Chief Executive Officer Hal Kvisle said in a Mar. 6 webcast with investors.

Western Gas to buy Marcellus gathering assets

Mar 4, 2013

Western Gas Partners LP, an Anadarko Petroleum Corp.-owned master limited partnership, agreed to acquire a 33.75% interest in the Liberty and Rome gas gathering systems from Anadarko and a 33.75% interest in the Larry’s Creek, Seely, and Warrensville gas gathering systems from an affiliate of Chesapeake Energy Corp.

NET to build Eagle Ford gas export line to Mexico

Feb 22, 2013

NET Midstream’s wholly owned subsidiary NET Mexico Pipeline LP reported it plans to build a 124-mile, 42-in. natural gas pipeline system that will deliver Eagle Ford shale gas to the Texas-Mexico border.

Midstream Copano to complement KMEP’s larger operations

Jan 30, 2013

Kinder Morgan Energy Partners LP (KMEP), Houston, will purchase Copano Energy LLC, also of Houston, for about $5 billion.

Forest Oil selling noncore South Texas gas assets

Jan 3, 2013

Forest Oil Corp., Denver, agreed to sell its South Texas properties, excluding its Eagle Ford shale oil properties, for aftertax cash proceeds of $325 million.

WoodMac: Eagle Ford 2013 spending to reach $28 billion

Dec 17, 2012

Wood Mackenzie Ltd. calculates oil and gas companies will spend $28 billion in the South Texas Eagle Ford play during 2013.

Chesapeake to sell midstream assets in various US shale plays

Dec 12, 2012

Chesapeake Energy Corp. plans to sell midstream assets in the Marcellus, Utica, Eagle Ford, Haynesville, and Niobrara to Access Midstream Partners for $2.16 billion in a transaction expected to close by Dec. 31.

DCP Midstream to build Eagle Ford cryogenic plant

Dec 11, 2012

DCP Midstream LLC and DCP Midstream Partners LP plan to build a cryogenic plant to provide natural gas processing services for producers in the liquids-rich Eagle Ford shale of South Texas.

WoodMac: Eagle Ford 2013 spending to reach $28 billion

Dec 6, 2012

Wood Mackenzie Ltd. calculates oil and gas companies will spend $28 billion in the South Texas Eagle Ford play during 2013.

Teak opens Eagle Ford gas gathering, processing capacity

Nov 27, 2012

Teak Midstream LLC has begun operation of more than 250 miles of natural gas gathering and residue delivery pipelines and its adjoining 200 MMcfd Silver Oak cryogenic gas processing plant in South Texas, serving gas producers in the Eagle Ford shale and surrounding area.

ZaZa Energy updates Eagle Ford shale operations

Nov 6, 2012

ZaZa Energy Corp. released an update on its Eagle Ford operations in South Texas where it has begun drilling its Boening A-1H well in the wet gas window in DeWitt County.

Sand Hills providing NGL access from S. Texas Eagle Ford shale

Oct 25, 2012

DCP Midstream LLC announced Sand Hills Pipeline has initiated service from the South Texas Eagle Ford shale, offering transportation capacity for producers’ growing natural gas liquids volumes.

Sanchez lines up funds to quicken Eagle Ford work

Oct 8, 2012

Sanchez Energy Corp., Houston, will accelerate its 2012-13 drilling program in the Eagle Ford shale play, in which it holds 95,000 net acres in the volatile oil, black oil, and gas-condensate windows, with $144.6 million in proceeds from a private placement of preferred stock.

Texas: Penn Virginia adds Eagle Ford shale acreage

Oct 3, 2012

Penn Virginia Corp., Radnor, Pa., has increased its acreage position in the Eagle Ford shale play to 30,000 net, 40,100 gross acres with the acquisition of 4,100 net acres in Gonzales and Lavaca counties, Tex., for $10 million.

Halcon updates multistate resource play operations

Oct 2, 2012

Halcon Resources Corp., Houston, plans to add four to six operated rigs by the end of 2012 to the 11 it is currently running in its resource-style drilling program in the wake of its acquisition of GeoResources Inc. and assets in East Texas.

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