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The Domestic Reason Why Apache Is A Buy #Permian #Eagleford

Over the past few years, Apache Corporation NYSE:APA has shed slower growth international assets and directed that cash back towards domestic operations. This will allow Apache to focus on high growth areas with less geopolitical risk, while still holding onto a few international free cash flow cows with exploration upside.After selling off some of its international assets, Apache directed that cash towards its most promising asset, the Permian Basin. 38 more words

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Nordheim Fights Becoming The Fracking Waste Capital Of The #EagleFord

At a recent Monday night in Nordheim, a town of 300 about 75 miles southeast of San Antonio, neighbors are gathering at the old dance hall; the Nordheim Shooting Club.But this isn’t for a night of boot scootin’, they are here to organize against what they see as an environmental threat to their town and their way of life. 196 more words

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Company buys Nabors fracking unit #Eagleford #Permian

A Houston-based oilfield services company is absorbing the completion and production arm of Nabors Industries in a $2.86 billion cash and stock deal expected to create another giant hydraulic fracturing provider at a time when demand soars for such services in places like the Permian Basin.The Houston-based company, C&J Energy Services, already operates in the Permian Basin and internationally, but with far fewer facilities than Nabors, according to a map provided to investors that did not offer specific figures.Today, major service companies include Schlumberger Limited, Weatherford International and Halliburton, among more locally focused companies such as ProPetro Services and CUDD Energy Services. 95 more words

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Drillers Piling Up More Debt Than Oil Hunting Fortunes in Shale #eagleford

Floyd Wilson raps his fingertips against the polished conference table. He’s just been asked, for a second time, how he reacted when his Halcon Resources Corp. 175 more words

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Minor earthquake shakes Eagle Ford country

An earthquake registering at 3.2 magnitude was felt in Atascosa county Wednesday afternoon. The U.S. Geological Survey confirmed that the quake was centered about 40 miles south of San Antonio in the town of Charlotte.A KENS 5 reporter spoke with Marilyn Roberts, a local resident of Charlotte, who assumed the quake was caused by a nearby oil drilling operation using hydraulic fracturing techniques. 111 more words

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Mexico Shale Gas Review Texas Senate to hold public hearing on the impacts of Mexico´s energy reform

There will be a public Senate hearing this week in Austin, Texas held by the Natural Resources Comittee. The discussion will center around the impact of Mexico´s energy reform on Texas.The hearing will examine the impact on Texas’ economy and businesses of the recent expansion of oil and gas production in Northern Mexico. 122 more words

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Empyrean Energy Profit Surges on Sugarloaf Development

U.S. oil and gas explorer Empyrean Energy PLC EME.LN said Monday that its net income soared during its 2014 financial year due to the aggressive development of the Sugarloaf field in Texas by its partner Marathon Oil Co. 144 more words

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