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

EIA: Argentina, China lead shale development outside North America

Jul 6, 2015

Argentina and China have respectively drilled more than 275 and 200 wells targeting shale plays over the past 2 years, providing each country with the potential to significantly increase production of shale gas and tight oil, the US Energy Information Administration highlighted on June 26 in an energy update.

BHI: US oil rig count rises for first time in 30 weeks

Jul 2, 2015

A sudden 12-unit jump in oil-directed rigs during the abbreviated week ended July 2 represented their first rise since Dec. 5, 2014, and helped lift the overall US drilling rig count for a second consecutive week, according to data from Baker Hughes Inc.

BHI: US rig count posts first increase in 29 weeks

Jun 26, 2015

Buoyed by respective rises in natural gas-directed and offshore rigs, the US drilling rig count gained 2 units during the week ended June 26 to reach 859 rigs working, marking its first increase in 29 weeks, according to data from Baker Hughes Inc.

EIA: Argentina, China lead shale development outside N. America

Jun 26, 2015

Argentina and China have respectively drilled more than 275 and 200 wells targeting shale plays over the past 2 years, providing each country with the potential to significantly increase production of shale gas and tight oil, the US Energy Information Administration highlighted on June 26 in an energy update.

Howard Energy proposes gas pipeline linking S. Texas to Mexico

Jun 24, 2015

Howard Midstream Energy Partners LLC plans to develop a 200-mile, 30-in. OD natural gas pipeline connecting its existing Webb County Hub in South Texas to Escobedo, Nuevo Leon, Mexico, and the Mexican National Pipeline System in Monterrey.

Merged Houston oil and gas firm skips interest payment

Jun 15, 2015

Sabine Oil & Gas Corp., Houston, which drills for oil and gas in Texas and Louisiana, has decided to skip a $21 million interest payment and enter a 30-day grace period to either make the payment or slip into a debt default.

BHI: US rig count continues fall in 27th straight week

Jun 12, 2015

The US drilling rig count declined 9 units during the week ended June 12 to settle at 859 rigs working, according to data from Baker Hughes Inc.

IHS: Eagle Ford companies schedule wedge production

Jun 12, 2015

Producers working in the South Texas Eagle Ford shale had built an inventory of nearly 1,400 drilled but uncompleted wells (DUC) as of Apr. 10, and IHS researchers said DUCs provide an economic strategy during the oil price downturn for many operators.

RJA: US rig count recovery will be led by three core unconventional plays

Jun 12, 2015

Raymond James & Associates revised its US rig count forecast, noting it expects a 2016 recovery will be disproportionately weighed toward horizontal drilling units in three shale plays: the Permian, Eagle Ford, and Bakken.

Eagle Ford briefs

Jun 11, 2015

Noble Energy Agrees to enter Eagle Ford shale, Permian Basin By Acquiring Rosetta Resources

Jun 11, 2015

Noble Energy Inc. agreed to buy smaller rival Rosetta Resources Inc. for $2.1 billion in a stock transaction. The two companies, both of Houston, said the merger marked Noble's entry into the South Texas Eagle Ford and also the Permian basin.

EIA: Eagle Ford's Eagleville oil field largest in US

Jun 11, 2015

Eagleville field in the South Texas Eagle Ford shale is the largest US oil field, the Energy Information Administration said in a recent supplement to an earlier report, "US Crude Oil and Natural Gas Proved Reserves, 2013."

EIA: US shale oil output to decline 91,000 b/d in July

Jun 9, 2015

Crude oil production in July from seven major US shale plays is expected to drop 91,000 b/d to 5.49 million b/d compared with June, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). The forecasted decline is up 5,000 b/d compared with June’s decline from May.

BHI: US rig count continues steady but shrinking decline

Jun 5, 2015

The US drilling rig count dropped 7 units during the week ended June 5 to settle at 868 rigs working, according to data from Baker Hughes Inc.

EPP acquires Eagle Ford midstream assets

Jun 1, 2015

Enterprise Products Partners LP (EPP), Houston, has executed agreements to purchase all of the member interests in EFS Midstream LLC from affiliates of Pioneer Natural Resources Co., Irving, Tex., and Reliance Industries Ltd., Mumbai, for $2.15 billion. The companies announced last year their desire to divest EFS Midstream.

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