Eagle Ford ///
Anadarko Petroleum has agreed to sell its Eagle Ford shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP.
SM Energy Company has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, an affiliate of KKR, for the sale of the company's third-party operated assets in the Eagle Ford, including its ownership interest in related midstream assets, for a purchase price of $800 million.
Shale oil companies are ready to play chicken with supply and demand again.
Texas American Resources has announced that First Reserve, a private equity and infrastructure investment firm, and members of management have made an investment in the company.
Private equity firm Juniper Capital II, L.P. has announced a strategic partnership with BoomTown Oil to pursue and develop conventional and unconventional plays across multiple basins in the Lower 48, initially focusing on the Eagle Ford shale in South Texas.
Swift Energy has entered into a purchase and sale agreement to sell its Lake Washington field in southeast Louisiana.
Carrizo Oil & Gas has announced that it has agreed to acquire Eagle Ford shale properties from an affiliate of Sanchez Energy Corp. for $181 million in cash, subject to customary closing adjustments.
Halliburton and U.S. Silica Holdings moved a record breaking unit train carrying nearly 19,000 tons of U.S. Silica White frac sand from Ottawa, Ill., to Elmendorf, Texas.
KKR and Venado Oil and Gas are partnering to consolidate proven assets in the Eagle Ford shale of South Texas.
The biggest reboot of U.S. oil and gas rigs in two years will gain traction as higher prices prompt producers to resume investment in the most profitable plays, according to a report by Platts RigData.
A study in the Eagle Ford shale assessed the challenges associated with cluster efficiency in horizontal plug-and-perf treatments, as well as the application and methodology of using a diverter. Production was analyzed to validate the diverter’s performance, and fiber-optic data provided subsurface insight to validate diversion effectiveness.
Team Oil Tools has acquired the assets of Top Notch Energy Services.
Lucas Energy, Inc., has announced that its wholly-owned subsidiary, CATI Operating, LLC, entered into an agreement with its senior lender, as evidenced by a promissory note, to borrow $1 million, effective August 15, 2016. The company plans to use the funds to participate in the drilling and completion of certain Eagle Ford wells.
Sanchez Energy Corp. is seeking buyers for some of its acreage in the Eagle Ford shale in south Texas, according to people familiar with the matter, as the explorer looks to raise cash for developing its best prospects.
Only the core survives mounting ROR pressure
Paved with best intentions
AUSTIN, Texas -- Railroad Commissioner Christi Craddick announced details of her Texas Oilfield Relief Initiative on Tuesday as the first rule amendments of the project were rolled out during the Commissioners’ open conference.
By looking at the intentionally postponed (abnormal) part of the DUC inventory, Rystad Energy observed that all of the major liquid basins are exposed to completion delays.
Attendance at the Unconventional Resources Technology Conference in San Antonio may have been a bit light this week, given the continuing industry downturn, but the core group of shale experts and enthusiasts was still in evidence at this three-day event that ended Wednesday.
Newfield Exploration is to divest substantially all of its assets in Texas for combined net after tax proceeds of nearly $390 million, subject to customary purchase price adjustments.