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 Eagle Ford Formation

The Eagle Ford Formation (also called the Eagle Ford Shale) is a sedimentary rock formation from the Late Cretaceous age underlying much of South Texas in United States, consisting of organic matter-rich fossiliferous marine shale. It derives its name from the old community of Eagle Ford, now a neighborhood in West Dallas, where outcrops of the Eagle Ford Shale were first observed. Such outcrops can be seen in the geology of the Dallas–Fort Worth Metroplex, and are labeled on images with the label "Kef". The Eagle Ford Shale is one of the most actively drilled targets for oil and gas in the United States in 2010.

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updated Fri. February 16, 2018

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Houston-based Marathon Oil posted a small $28 million loss for the fourth quarter relative to its much larger $1.4 billion loss for the final three months of 2016. Marathon is increasingly focused on U.S. shale plays, including Texas' Eagle Ford Shale and Permian Basin, as it plans to return to profitability this ...

Freedom Oil and Gas has mobilised rig to commence four horizontal well drilling in Eagle Ford Shale. All four horizontal wells are planned to be drilled from a single pad located on the Hovencamp lease targeting the Lower Eagle Ford Shale formation at a depth of 6,500 feet. The company anticipates ...
(nyse: WRD) will sell its northern Louisiana assets for more than $200 million as the E&P shifts to a pure-play Eagle Ford Shale strategy--underscored by the announcement of a smaller bolt-on deal in South Texas. WildHorse, the second largest leaseholder in the Eagle Ford leasehold, said Feb.
Calgary -- Emerald Bay Energy Inc. announced that the Company moved a service rig on location today to perforate the Eagle Ford Formation in the Kuhn 3 well at the Company's Wooden Horse property in Southwest Texas. The perforating will be completed today and then swabbing operations will ...

The number of rigs exploring oil decreased while the count for natural gas increased. Overall, the total tally of rigs in the United States declined, thanks to the removal of the respective four and three rigs from the Utica and Eagle Ford Shale plays. In the Utica resources, natural gas rig count fell from 27 to 24, ...
WildHorse Resource Development Corp. (nyse: WRD) said on Jan. 18 it has been selected for a Department of Energy (DOE) study, alongside the Texas A&M engineering Experiment Station (TEES), to develop a new field laboratory in the Eagle Ford Formation. The team, which has been awarded an $8 ...
And returns of 85 to 100 percent oil from initial wells at Tuscaloosa Marine had "some investors salivating" at the potential for it become a new Eagle Ford Shale, which is in south Texas, according to Natural Gas intelligence. There are about 100 wells on the formation, but they produce only about 3,000 ...
The planned deal "expands USA Compression's geographic reach into active basins, including Eagle Ford Shale, gulf Coast, Rockies and Permian Basin," the company said. Austin-based oilfield services company USA Compression Partners plans to buy the compression business from Dallas-based ...
Currently operating in the Marcellus and Utica shale regions of Ohio, West Virginia, and Pennsylvania, the company is also operating in the Cotton Valley, Austin Chalk, and Eagle Ford Shale plays out of Bryan. USWS continues to evaluate additional opportunities with existing and new customers to ...
For community leaders across South Texas, Omar Garcia is the face of the Eagle Ford Shale. During the oil boom, Garcia was the one mayors and county judges complained to when grocery stores ran out of food and truck traffic created rural gridlock. Oil has since busted and recovered, but Garcia and his ...
That is especially true in the Eagle Ford Shale, which has produced 2.5 Bbbl of oil to date. And more oil is coming as a new generation of E&P companies fleshes out the productive limits to the play geographically and geologically. Indeed, after a drop in rig count paralleling the decline in commodity price in ...
On December 12, 2017, Carrizo Oil & Gas (CRZO) announced that it had agreed to sell a portion of its assets in the Eagle Ford to EP Energy (EPE) for $245 million. The assets include ~24,500 net acres and account for less than 10% of the company's total production in the Eagle Ford Shale. Following the ...
In order to focus on its leases in the Permian Basin of West Texas, Anadarko sold its Eagle Ford Shale assets to Sanchez Energy Corp. (NYSE: SN) in a $2.3 billion deal earlier this year. Drilling permit filing show that Anadarko fulfilled its pledge, with the vast majority of its drilling projects split between ...
Penn Virginia has signed an agreement to acquire assets in the Eagle Ford Shale, primarily in Gonzales and Lavaca Counties, US, from Hunt Oil Company. The proposed acquisition, valued at $86m, expands the company's core net leasehold position by around 13%, or 9,700 net acres in Area 1, 5,700 of ...
Penn Virginia corporation (Nasdaq: PVAC) today announced that it has entered into a definitive agreement to acquire assets in the Eagle Ford Shale, primarily in Gonzales and Lavaca Counties, from Hunt Oil Company ("Hunt") for $86 million in cash, subject to customary post-closing adjustments.

A company that drills for oil and gas in the Eagle Ford Shale is moving to the OTC markets after being delisted from New York Stock Exchange. EXCO Resources Inc. started trading on the OTC Pink Marketplace under the stock ticker XCOO on Wednesday morning, less than a week after nyse officials ...
US-based natural gas producer Cabot Oil & Gas has signed an agreement to divest its Eagle Ford Shale assets to an affiliate of Venado Oil & Gas as part of a deal valued at $765m. The divestiture of operated and non-operated assets comprises around 74,500 net acres of leasehold, which are mainly ...
20 it is selling its 74,500-net-acre position in the Eagle Ford Shale as a lower-for-longer oil price environment has led the Houston-based company to pivot toward the Marcellus. An affiliate of Venado Oil & Gas LLC agreed to buy the Eagle Ford properties for $765 million. About 61,500 net acres of the ...
Houston-based Cabot Oil & Gas announced the sale Wednesday of most of its Eagle Ford Shale acreage for $765 million. The oil exploration and production company is selling 74,500 acres to an affiliate of Austin-based Venado Oil & Gas. The acreage is located across Frio and Atascosa counties, ...
Houston-based Carrizo Oil & Gas Inc. is selling off nearly 25,000 acres for $245 million in cash, representing nearly a quarter of the land it holds in South Texas' Eagle Ford Shale field. The 24,500 acres being sold had a daily production of 3,400 barrels of oil equivalent a day in the quarter that ended Sept.
Supplied by natural gas from the Eagle Ford Shale, the first two trains are under construction and expected to be completed in 2019, with Pertamina, Endesa, Iberdrola, Gas Natural Fenosa, Woodside, Electricite De France and Energias de Portugal SA listed as their foundation customers. Fusco said the ...
This Dec. 15, 2013 photo shows the Immaculate Conception Catholic Church steeple beyond an oil pump in Panna Maria, Texas. The Eagle ...
San Antonio--Since the rise of the Eagle Ford Shale and its A&D peak in 2013 and 2014, the play has matured--E&Ps hold large acreage ...
Low-magnitude earthquakes continue to plague a patch of the Eagle Ford Shale just southeast of San Antonio. The U.S. Geological Survey ...
The Eagle Ford Shale is taking a backseat to the Permian Basin in this week's South Texas Drilling Permit Roundup where Endeavor Energy ...
Natural gas production in the Eagle Ford Shale is expected to increase marginally to 6.23 Bcf/d. EIA also expects total oil production in the ...
The company is evaluating the sale of Delaware Basin and Eagle Ford Shale assets that have a longer than desired shelf life. S.P. "Chip" ...
There is fight for second place in the Eagle Ford Shale just south of San Antonio. With 274 drilling permits filed with the railroad Commission of ...
Cabot's net production in the Eagle Ford Shale during the third quarter was 15,656 barrels of oil equivalent per day (87 percent oil), an increase ...
Arkansas-based Murphy Oil is making a big play in the western end of the Eagle Ford Shale where it is seeking permission to drill 12 new oil ...
Lewis Energy CEO Rod Lewis speaking with employees out in the Eagle Ford Shale. The company is gearing up to drill another round of gas ...
Although many Eagle Ford operators halted drilling and completion operations during Hurricane Harvey, most were able to get back to normal ...
In the Eagle Ford Shale, productivity--as measured by production from new wells per active rig--has been falling. Those productivity data from ...
The company's assets consist of the Eagle Ford Shale in South Texas, the Wolfcamp shale in Permian Basin in West Texas, the Altamont field ...
In August, IOC bought 950,000 barrels of light sweet Eagle Ford Shale oil and 950,000 barrels of heavy sour Mars crude for end-October ...
... from 5.96 Bcf/d), Bakken shale (2.03 Bcf/d from 2.01 Bcf/d), Eagle Ford Shale (6.12 Bcf/d from 6.11 Bcf/d), Haynesville Shale (7.27 Bcf/d from ...
Nearly one-third of the quarterly output lost was from the Eagle Ford Shale in South Texas, where Harvey came ashore in late August. EP works ...
The Eagle Ford Shale, the 400-mile-long field that swoops from Laredo to College Station, this month will produce an estimated 1.27 million ...
The Cheniere Liquid Natural Gas being built in Portland is part of $50 billion in projects at the Port of Corpus Christi. The port now is the largest ...
A South Texas jury has awarded $100 million in damages in a dispute between oil companies in the Eagle Ford Shale. Jurors in La Salle ...
The district court jury in La Salle County sided with Matrix over the multibillion-dollar company in the Eagle Ford Shale dispute that dated back ...
Big upstream operators in south Texas's Eagle Ford Shale say they are at or near pre-storm levels three weeks after Hurricane Harvey slammed ...
Similarly, our own studies for the Eagle Ford Shale in south-central Texas suggest that hydrocarbon emissions are higher than currently ...
A former lawyer from Stockdale has agreed to plead guilty to two counts of mail fraud for skimming more than $800,000 from oil and gas lease ...
American Midstream Partners LP (nyse: AMID), betting on the expected natural gas and NGL growth from the rebounding Eagle Ford Shale, ...
Three weeks after Hurricane Harvey slammed into the lower Texas coast and caused widespread production shut-ins, although little actual ...
Houston-based energy company Carrizo Oil & Gas, Inc. CRZO reported that its Eagle Ford Shale assets were not affected by the storm.
Carrizo Oil & Gas also updated its Eagle Ford Shale assets and facilities, ... rates while the status of Eagle Ford Shale operations trickled in.


 

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