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

BHI: Down 13 units, US oil rig count falls for first time in 7 weeks

Sep 4, 2015

The overall US drilling rig count’s 13-unit drop during the week ended Sept. 4 entirely comprised oil-directed, land-based units, according to data from Baker Hughes Inc.

AEP forms private-equity partnership for unconventional exploration in Mexico

Sep 1, 2015

EIM Capital, a private equity fund in Mexico City, announced a long-term partnership with an affiliate of American Energy Partners LP (AEP) of Oklahoma City to explore for unconventional resources in Mexico although financial terms were not disclosed.

US rig count down 8 units, ‘ugly’ next 12 months expected

Aug 28, 2015

After several weeks in which the overall US drilling rig count steadily climbed, the week ended Aug. 28 marked its largest loss since early June, dropping 8 units to 877 rigs working, according to data from Baker Hughes Inc.

WoodMac: Eagle Ford production sees growth, despite slowdown

Aug 26, 2015

Eagle Ford wells brought online are expected to fall to around 2,700 from 4,000 in 2014, according to analyst group Wood Mackenzie Ltd. The company’s most recent analysis cites that production growth is slow in the near term, but the full effect of lower oil prices is moderated by improved recoveries in core areas.

BHI: US oil-directed rig count rises for fifth straight week

Aug 21, 2015

The overall US drilling rig count edged up 1 unit to 885 rigs working during the week ended Aug. 21, according to data from Baker Hughes Inc. The oil-directed count increased for the fifth straight week, rising 2 more units.

PwC: Midstream boosts 2Q M&A activity in oil, gas industry

Aug 17, 2015

The US oil and gas industry experienced an uptick in second-quarter mergers and acquisitions compared with the first quarter, facilitated by heightened interest in midstream deals, according to a quarterly report of announced US transactions with value greater than $50 million.

BHI: US oil rig count continues rise, but overall count unchanged

Aug 14, 2015

The overall US drilling rig count sat unchanged during the week ended Aug. 14, remaining at 884 rigs working, according to data from Baker Hughes Inc. Oil-directed rigs, however, continued their warm streak—albeit modestly—with a 2-unit gain.

Howard Energy moves forward with construction plans for Nueva Era pipeline

Aug 13, 2015

A joint venture of Howard Midstream Energy Partners LLC and Mexico-based energy and services firm Grupo Clisa will move forward with construction plans for the Nueva Era pipeline following a successful open season.

Japanese delegation tours Freeport LNG, Eagle Ford field

Aug 12, 2015

A delegation from the Consulate General of Japan in Houston toured Freeport LNG Development LP in Quintana, Tex., visited a Lavaca County field in the South Texas Eagle Ford shale, and stopped in San Antonio, the City of San Antonio International Relations Office confirmed.

Enterprise Products Partners acquires Eagle Ford midstream assets from Pioneer Natural Resources, Reliance Industries Ltd. for $2.15 billion

Aug 12, 2015

Enterprise Products Partners LP (EPP), Houston, executed agreements to purchase all interests in EFS Midstream LLC from affiliates of Pioneer Natural Resources Co., Irving, Tex., and Reliance Industries Ltd., Mumbai, for $2.15 billion.

EIA: US crude output declines to continue through mid-2016

Aug 11, 2015

Total US crude oil production declined 100,000 b/d in July compared with June, and is expected to continue decreasing through mid-2016 before growth resumes late in 2016, according to the US Energy Information Administration’s most recent Short-Term Energy Outlook (STEO).

EIA: US shale oil output to drop 93,000 b/d in September

Aug 10, 2015

Crude oil production in September from seven major US shale plays is expected to decline 93,000 b/d to 5.27 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). EIA previously projected 91,000-b/d declines for both July and August.

BHI: Boosted by another gain in oil rigs, total US rig count rises 10 units

Aug 7, 2015

The overall US drilling rig count gained 10 units during the week ended Aug. 7 to reach a total of 884 rigs working, according to data from Baker Hughes Inc. A total of 27 units has now gradually come online since the week ended June 19.

Second-quarter net losses abound for US E&P firms

Aug 7, 2015

Reports of second-quarter losses continued this week for US exploration and production firms, following suit as both ConocoPhillips and Hess Corp. published net losses a week ago.

NextEra to acquire South Texas gas lines

Aug 5, 2015

NextEra Energy Partners LP, Juno Beach, Fla., has agreed to acquire natural gas pipelines in South Texas from privately held NET Midstream for $2.1 billion.

Stay Connected