ExxonMobil aims to keep dominant status in Texas shale
The oil major Exxon Mobil is not planning to give up its status as the top driller in Texas.
The oil major Exxon Mobil is not planning to give up its status as the top driller in Texas.
Oklahoma exploration and production Devon Energy is one step away from capping a blowout at a natural gas well that has prompted authorities to seal off thousands of acres of land near the Eagle Ford Shale towns of Yorktown and Nordheim.
Norwegian energy giant Equinor has sold its stake in the Eagle Ford asset to Repsol for more than £250 million.
A grassroots energy advocacy group in Texas is touting the benefits of South Texas' Eagle Ford Shale oil field, saying its created tens of thousands of jobs and generated tens of billions in economic output.
A Houston oil and gas company is adding 114,000 acres in South Texas' Eagle Ford Shale to its operations in a $190 million cash and stock purchase.
NASA's Earth Observatory has captured images from high above the Eagle Ford shale formation in the US.
Statoil's new US boss will focus on "bottom line" targets rather than production figures as he aims to steer the Norwegian energy giant through the US shale gas maelstrom.
India is said to be expecting its first imports of US shale gas by 2017.
Pantheon Resources confirmed its onshore well in the Eagle Ford sandstone had paid off.
Statoil and Repsol have completed two of the transactions announced on 11 December 2015.
Sanchez Production Partners, the Houston based operation, has reported revenue of $13.3 million in the third quarter 2015, which includes $7.9 million of sales revenue, approximately 62% of which was from oil and liquids sales and 38% of which was from natural gas sales.
Encana has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in Colorado for $900million.
Sanchez Energy will sell off a number of assets in the US in a $345million deal. The deal will see Sanchez Production Partners acquire and operate certain pipeline, gathering and compression assets located in the Western part of its Catarina asset in the Eagle Ford Shale in South Texas. The proceeds from the Western Catarina Divestiture will be used to further enhance Sanchez’s Energy’s liquidity position which is expected to enable the company to pursue growth opportunities through asset acquisitions.
Wood Group has provided engineering, procurement and other services to Flint Hills Resources for its Eagle Ford modification at its West refinery in Texas. The project will enable the refinery to process 100% US crude – primarily from the Eagle Ford region – into transportation fuels. The work was successfully completed by Wood Group Mustang (WGM) who completed the conceptual and front-end engineering design phases of the project.
Empyrean Energy's revenues rose 15% in the year to March 31 to $16million, but profits dipped slightly to $5.12million.
Empyrean Energy overcame flooding in Texas to report promising production from its flagship Sugarloaf project in Eagle Ford.
US oil producer Nostra Terra has more than doubled production and is on the lookout for more in-country assets.
Sundance Energy Australia has completed the acquisition of New Standard Energy’s US and Cooper Basin assets, which include producing oil and gas wells in a $15million deal.
Statoil is using military technology to detect hydrocarbon leaks at its Eagle Ford operations.
Goodrich Petroleum has signed an agreement to sell its reserves and leasehold in the Eagle Ford shale for $118million. The move will see the company retain 58% of its undeveloped leasehold in the play for future development and sale. The asset which is being sold produced an average of around 2,850barrels of oil equivalent per day during the first quarter of 2015.