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: US drilling rig count drops 12 units to 1,918

Oct 17, 2014

The US drilling rig count declined 12 units to settle at 1,918 rigs working during the week ended Oct. 17, Baker Hughes Inc. reported.

Marathon Oil sees promise in Oklahoma's Scoop, Stack plays

Oct 16, 2014

Marathon Oil Corp. is using extended-reach laterals to improve initial production rates in the emerging South-Central Oklahoma Oil Province (Scoop) resource play.

Dallas-Ft. Worth area presents lessons in enduring economic growth for shale regions

Oct 16, 2014

The birthplace of the shale revolution-the Barnett shale in North Texas-may well hold the key to enduring economic success for communities experiencing the newfound growth associated with unconventional resource development across the US.

EOG Resources improves Eagle Ford completions

Oct 16, 2014

EOG Resources Inc. said completion design advances in the Eagle Ford shale contributed to several noteworthy well results in the second quarter.

SM raises initial production rates in the Eagle Ford shale

Oct 16, 2014

An improved completion design that utilizes longer laterals and increased sand loadings is raising initial production (IP) rates for SM Energy Corp's Eagle Ford shale wells in Webb County, Tex.

PNR head urges DOC to issue condensate export permits to others

Oct 15, 2014

The head of an independent oil and gas company that in late June received one of the first two federal approvals to export condensate urged the US Department of Commerce to begin issuing similar permits to other applicants.

BHI: US drilling rig count falls to 1,922

Oct 3, 2014

The US drilling rig count lost 9 units to settle at 1,922 rigs working during the week ended Oct. 3, Baker Hughes Inc. reported.

NGSA forecasts lower winter gas prices on a combined analysis

Oct 1, 2014

In its 14th annual Winter Outlook assessment of the natural gas market, the Natural Gas Supply Association (NGSA) expects downward price pressure on the natural gas market compared with last winter.

Cabot to add 30,000 net acres to Eagle Ford leasehold

Sep 24, 2014

Cabot Oil & Gas Corp., Houston, has agreed to acquire 30,000 net acres in the Eagle Ford shale from an undisclosed seller for $210 million. The transaction is expected to close in October.

Investors watch with interest as Mexican energy reforms unfold

Sep 23, 2014

Mexico is implementing key aspects of its energy reform more quickly than some observers had expected. So far this year, the country has passed 21 new and amended laws relating to the sector and selected the oil and gas fields that will be placed on the block in the country’s first competitive upstream bid round, set for mid-2015.

WoodMac: EOR could boost US tight oil output 3 million b/d by 2030

Sep 23, 2014

Additional volumes from enhanced oil recovery (EOR) slated to come on stream after 2020 could boost tight oil production in the US by 1.5-3 million b/d by 2030, up to 25% more oil than is being forecasted today, according to analysis from Wood Mackenzie.

Freeport LNG supply header, compression trains advance

Sep 11, 2014

Gulf South Pipeline Co. LP, a subsidiary of Boardwalk Pipeline Partners LP has reached 20-year firm precedent agreements with foundation shippers to transport about 1.4 bcfd of natural gas on its Coastal Bend Header for the first two trains of Freeport LNG Development LP’s planned liquefaction plant, near Freeport, Tex.

Buckeye to buy Corpus Christi terminal interest in $860 million deal

Sep 2, 2014

Buckeye Partners LP has agreed to acquire 80% interest in a company that it will jointly own with Trafigura AG for $860 million. The transaction is expected to close later this month.

Declining costs enhance Duvernay shale economics

Sep 1, 2014

Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in North America.

BHI: US rig count recoups last week’s losses, jumps to 1,914

Aug 29, 2014

The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.

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