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Permian and Eagle Ford lead US crude output higher

Houston, 15 May (Argus) — US shale crude output is expected to rise by 122,000 b/d to 5.4mn b/d next month, according to new data from the US Energy Information Administration (EIA).The largest increases will be in the Permian basin in Texas and New Mexico, and the Eagle Ford in south Texas, the EIA said in its latest Drilling Productivity Report.Permian basin production should increase by 71,000 b/d from May to June to about 2.49mn b/d.Output in the top-producing Permian has been more resilient than in other regions during the downturn in commodity prices because of lower extraction costs. 42 more words

Eagle Ford

EOG's Eagle Ford Golden Era May Be Close To Ending - Seeking Alpha

EOG posted a profit for the first quarter of the year, accomplishing a relatively rare feat in the shale patch. Given its reputation as a top operator it was expected. 197 more words

Eagle Ford

WildHorse buys Eagle Ford assets for US$625 million

WildHorse Resource Development is acquiring Eagle Ford properties for US$625 million. The assets, comprising 111,000 net acres (449 square km), are being purchased from Anadarko Petroleum and affiliates of private equity firm Kohlberg Kravis Roberts & Co.In 2016, fourth-quarter net production on the acquired properties totalled 7,583 boepd, comprising 72% oil from 386 operated wells. 144 more words

Eagle Ford

Pipelines planned from Permian to Gulf; Boom to come to Corpus Christi | Fuel Fix

Two new crude pipeline projects from West Texas’ prolific Permian Basin to the Corpus Christi coastline have analysts crowing about refinery and export expansion in that city. 90 more words

Eagle Ford

Exxon Will Remake Shale Or Shale Will Remake Exxon - Bloomberg Gadfly

From the moment it began, you could tell something was missing from Exxon Mobil Corp.’s first strategy presentation under its new CEO: Texan Rex Tillerson’s usual jab at New York City, where the event is held.His successor at the helm, Darren Woods, kept many other things the same. 119 more words

Eagle Ford

Different Strokes: Life on the Eagle Ford

by Sean Watson

When asked to picture a global city you probably would think of towering New York skyscrapers, London’s sprawl across the Thames, the Hollywood sign watching over Los Angeles, or the megacities of East Asia. 3,202 more words

Sierra Club files motion to intervene in Eagle Ford to Mexico Pipeline

The Sierra Club filed a motion to oppose a $1.5 billion pipeline by Houston-based Spectra Energy Corp. (NYSE: SE) to deliver natural gas from the Eagle Ford Shale to customers in Mexico.Just a few hours ahead of a Dec. 43 more words

Eagle Ford