Eagle Ford
News
May 25, 2015
Twin Eagle Sand Logistics, a subsidiary of Twin Eagle Resource Management, has landed its first 130 car frac sand unit train at Mission Rail in Elmendorf, Texas, which is in the heart of the Eagle Ford shale.
News
May 19, 2015
The U.S. is about to change the global LNG market forever.
When the first tanker carrying LNG from shale fields leaves the Sabine Pass terminal in Louisiana in December, it will turn consumers into traders with more bargaining power. That will transform a market dominated by long-term contracts into one where spot trading gains prominence, similar to crude oil.
Since the first LNG cargo went to the U.K. from Algeria under a long-term contract in 1964, buyers opted for guaranteed supply, because the fuel was scarce. That’s changing, because gas from the Eagle Ford and other plays will transform the U.S. into the third-biggest exporter by 2020.
News
May 19, 2015
Oil’s rebound and more certainty around company valuations are keys to driving mergers and acquisitions activity next year given the pent-up demand for deals, bankers said Tuesday at an energy forum in Houston.
“The dam will break at some point,” Stephen Trauber, vice chairman and global head of energy at Citigroup Inc., said at the Mergermarket conference.
News
May 18, 2015
Nostra Terra has announced the acquisition of a 1% working interest in the San Miguel Prospect, comprising 35,000 acres in South Texas.
News
May 18, 2015
ConocoPhillips said it’s capable of supplying U.S. oil to the global market and reiterated a call to end the nation’s ban on crude exports.
News
May 15, 2015
They are separated by just 38 miles on the remote plains of south Texas, really no more than a quick spin down old Highway 80.
News
May 12, 2015
Oil prices are set to slide as their rally to the highest level this year threatens to prolong a global glut, according to Goldman Sachs Group Inc.
News
May 12, 2015
The U.S. lost about 1% of the oil production flowing from its shale formations this month, and the decline is just starting.
News
May 11, 2015
Noble Energy and Rosetta Resources have announced a definitive merger agreement whereby Noble Energy will acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta's net debt of $1.8 billion as of March 31, 2015.
News
April 23, 2015
Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse.
News
April 16, 2015
The profitability of some U.S. shale wells at current prices will almost double as cost cutting and technology turns them into cash gushers despite oil’s crash.
News
April 13, 2015
The shale oil boom that pushed U.S. crude production to the highest level in four decades is grinding to a halt.
News
April 10, 2015
HOUSTON – The U.S. rig count has dropped below 1,000 for the first time since September 2009, according to the latest data from Baker Hughes.
News
March 25, 2015
Wood Mackenzie's breakeven analysis of more than 800 individual assets in the Lower 48 reveals dramatic variations in the viability of company asset bases and sub-plays.
News
March 10, 2015
HOUSTON (Bloomberg) -- The biggest slowdown in oil drilling on record is showing signs of reining in the U.S. shale boom.
Article
March 2015
The result of a 14-month design and laboratory qualification work, a new, composite frac plug provides superior sealing strength and allows fast mill-out with fewer large cuttings.
News
February 18, 2015
Marathon Oil has announced a $3.5 billion capital, investment and exploration budget for 2015, a further 20% decrease since the Company's December capital budget update.
News
February 13, 2015
HOUSTON -- The U.S. drilling frenzy is over. What’s not is the boom in oil production. While companies have idled 151 rigs in five shale formations since reaching a peak of 1,157 in October, they’ll need to park another 200 for growth to stall, according to data from the U.S. EIA.
News
February 11, 2015
Even in the current price environment, the best producing parts of the South-Central Oklahoma Oil Province (SCOOP) are on par with the Eagle Ford and Bakken according to Wood Mackenzie’s latest key play analysis.
News
February 06, 2015
The U.S. rig count has fallen for the ninth week in a row with nearly half of this week’s 87 rig drop being accounted for by rigs seeking oil in the Permian basin.
News
February 06, 2015
Back in October, Jill Potts waved off concerns about falling crude prices, pointing to the long lines of trucks forming outside her oil field supply store in South Texas as evidence that the shale boom was still going strong.
