Post Tagged with: "Eagle Ford"

Lonestar Boosts Proved Reserves to Over 100 Million BOE

Lonestar Boosts Proved Reserves to Over 100 Million BOE

Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, “Lonestar,” “our” or the “Company”) announced that its proved reserves increased to a record 100.6 million barrels of oil equivalent (“MMBOE”) at December 31, 2019 calculated using SEC guidelines. All …

Source: Houston Chronicle

Thousands of acres sealed off following blowout at Eagle Ford Shale well

Source: Houston Chronicle


Thousands of acres of land remain sealed off days after a blowout at a natural gas well located belonging to Devon Energy between the Eagle Ford Shale towns of Yorktown and Nordheim.

The accident happened at a …

President and CEO of Panhandle Oil and Gas Resigns

President and CEO of Panhandle Oil and Gas Resigns

By Tyler Losier, Energy Reporter, Oil & Gas 360

Paul F. Blanchard Jr. steps down as president, CEO and director of Panhandle Oil and Gas
Panhandle Oil and Gas (stock ticker: PHX), a mineral and leasehold acreage-focused capital allocator, has

Equinor Site Remains Shut In Following Drilling Rig Fire in Karnes County

Equinor Site Remains Shut In Following Drilling Rig Fire in Karnes County

From The Houston Chronicle


A natural gas well belonging to the Norwegian oil giant Equinor remains shut in following a weekend fire at one of its drilling sites in Karnes County.

The fire happened at Equinor’s Neller-Runge 1-Runge 2 lease …

Source: Comstock Resources

Ronald Mills Appointed VP of Finance and Investor Relations at Comstock Resources

By Tyler Losier, Energy Reporter, Oil & Gas 360

Comstock Resources appoints Johnson & Rice alum Ronald Mills as its new VP of finance and investor relations
Comstock Resources Inc. (stock ticker: CRK), an independent E&P based out of Frisco,

Kayne Anderson Makes $100 Million Upstream Investment

Kayne Anderson Makes $100 Million Upstream Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Kayne Anderson Energy Fund VIII invests $100 million in newly-formed Indianola Energy
Kayne Anderson Capital Advisors LP, through its Kayne Anderson Energy Fund VIII LP, has made a $100 million equity

Source: Caliber Midstream

Caliber Midstream Makes North Dakota Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360

Caliber Midstream acquires North Dakota assets from American Midstream Partners
Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota

ConocoPhillips Profit Misses on Lower Crude Prices, Higher Spending

ConocoPhillips Profit Misses on Lower Crude Prices, Higher Spending

From Reuters


ConocoPhillips (COP.N) missed Wall Street estimates for quarterly profit on Tuesday as it spent more than expected and took a hit from lower crude prices due to fears of a slowing global economy.

The OPEC and …

Source: Sundance Energy

Sundance Energy Divests ~$30 Million Worth of Texas Assets

By Tyler Losier, Energy Reporter, Oil & Gas 360

Sundance Energy sells Dimmit county assets for $29.5 Million
Sundance Energy Australia Limited (stock ticker: SNDE), along with its wholly-owned Denver-based subsidiary Sundance Energy Inc., has entered into a definitive agreement

Source: Callon Petroleum

Upstream Oil Merger: Callon Acquires Carrizo in $3.2 Billion Texas Combo

By Tyler Losier, Energy Reporter, Oil & Gas 360

Callon adds oil-weighted assets in the Permian and Eagle Ford through all-stock transaction
Callon Petroleum Company (stock ticker: CPE), an independent E&P focused on unconventional assets in the Permian, has struck

EcoStim Energy Solutions provides completion and stimulation services in Argentina's Vaca Muerta shale play.

Seasonal Demand Patterns Give Argentinian LNG a Unique Opportunity

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vaca Muerta production growth leads to LNG exports
In the past few years, Argentina’s natural gas production has been steadily rising, mainly due to an increased focus on the Vaca Mueta

Source: Lonestar Resources

Lonestar’s Production Exceeds Guidance

By Tyler Losier, Energy Reporter, Oil & Gas 360

Lonestar estimates production of 13,500 BOEPD for Q2 2019
Lonestar Resources (stock ticker: LONE), an independent E&P focused on the Eagle Ford Basin in Texas, released its estimated production rates for

Source: Templar Energy

Two E&Ps Make Changes in the C-Suite

By Tyler Losier, Energy Reporter, Oil & Gas 360

Penn Virginia CFO to step down
Penn Virginia Corporation (stock ticker: PVAC), a pure-play independent E&P focused on Eagle Ford shale, has announced that Steven A. Hartman, current chief financial officer,

Source: Archrock

Archrock Makes $410 Million Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360

Archrock to purchase ~430,000 horsepower of compression from Elite Compression Services
Houston-based Archrock, Inc. (stock ticker: AROC) has entered into a definitive agreement with Elite Compression Services, a JDH Capital-backed company,

Source: Lonestar Resources

Lonestar Announces Results for Horned Frog Wells

By Tyler Losier, Energy Reporter, Oil & Gas 360

Average test rate of 2,500 BOEPD for F #A1H and F #B1H sets company record
Lonestar Resources (stock ticker: LONE), an independent Texas-based E&P focused on Eagle Ford shale, has announced

ConocoPhillips Gears Up for Heavy Round of Eagle Ford Projects

ConocoPhillips Gears Up for Heavy Round of Eagle Ford Projects

From The Houston Chronicle

Oil giant ConocoPhillips is gearing up for a large round of horizontal drilling on three leases in the Eagle Ford Shale of South Texas.

The company’s subsidiary, Burlington Resources, is seeking permission from the Railroad Commission …

Equals to Merge

Equals to Merge

By Tyler Losier, Energy Reporter, Oil & Gas 360

Oilfield service consolidation rolls on
C&J Energy Services (stock ticker: CJ) and Keane Group, Inc. (stock ticker: FRAC) have entered into a definitive agreement to combine in an all-stock merger of

Source: Glendale Energy Ventures

New Partnership to Acquire Upstream Assets

By Tyler Losier, Energy Reporter, Oil & Gas 360

Initial capital commitments of $500 million
TPG Sixth Street Partners, a global finance and investment business founded in 2009, announced a new partnership today with the Houston-based private oil and gas

USGS Confirms Four Earthquakes in the Eagle Ford Shale

USGS Confirms Four Earthquakes in the Eagle Ford Shale

From the Houston Chronicle

The U.S. Geological Survey has confirmed that four low-magnitude earthquakes have taken place over the past two weeks in the Eagle Ford Shale of South Texas.

The U.S. Geological Survey has confirmed that four low-magnitude earthquakes …

Ensign Natural Resources Buys Eagle Ford Acreage, Production from Pioneer

Ensign Natural Resources Buys Eagle Ford Acreage, Production from Pioneer

Ensign Natural Resources Announces Acquisition of Eagle Ford Acreage from Pioneer Natural Resources

Murphy Turns to Eagle Ford, GOM after $2.1 Billion Sale to Depart Malaysia

Murphy Turns to Eagle Ford, GOM after $2.1 Billion Sale to Depart Malaysia

Sale ends Murphy’s 20-year Malaysian history

By Richard Rostad, analyst, Oil & Gas 360

Murphy Oil (ticker: MUR) announced a major divestiture today, selling the company’s Malaysian assets to focus on its Eagle Ford development.

Murphy will sell its entire …

Nuevo Midstream Dos Will Buy Republic Midstream

Nuevo Midstream Dos Will Buy Republic Midstream

Nuevo Midstream Dos, LLC Agrees to Purchase Republic Midstream, LLC

March 20, 2019 - 9:15 am Closing Bell Story‎, Midstream, Press Releases
Texas Gulf Coast: Get Ready for SPOT to Export Up to 2 Million More Barrels a Day of Permian, Eagle Ford Crude Oil

Texas Gulf Coast: Get Ready for SPOT to Export Up to 2 Million More Barrels a Day of Permian, Eagle Ford Crude Oil

Enterprise Products Partners' SPOT crude oil export project, offshore Texas, officially kicks off permitting phase, targets 2020 for exports
By Bevo Beaven, Editor, Oil & Gas 360

The United States Maritime Administration (MARAD) and the United States Coast Guard (USCG)

EOG Looks Beyond the Permian and Eagle Ford

EOG Looks Beyond the Permian and Eagle Ford

New basins claim growing share of CapEx
By Richard Rostad, analyst, Oil & Gas 360

EOG Resources (ticker: EOG) announced fourth quarter results and reserves today, showing $893 million in net income, or $1.54 per share.

EOG produced 764.5 MBOEPD

Record Well in Lavaca County – Eagle Ford

Record Well in Lavaca County – Eagle Ford

Record Well in Lavaca County – Eagle Ford

Eagle Ford: Sundance Energy Produced 10 MBOEPD in 2018

Eagle Ford: Sundance Energy Produced 10 MBOEPD in 2018

Sundance Energy Provides January 2019 Operational Update

Oil Growth to Stall in the Other Texas Shale Patch in 2019

Oil Growth to Stall in the Other Texas Shale Patch in 2019

From Bloomberg

Drillers in the Eagle Ford, Texas’s other shale oil patch, will likely scale back activity in 2019 as lower crude prices eat into cash flows, according to consulting firm Rystad Energy AS.

Production has already started slowing, …

January 8, 2019 - 2:46 pm Closing Bell Story‎, Crude Oil News, Energy News
Baytex Will Put 80% of 2019 Budget into Eagle Ford and Viking Plays

Baytex Will Put 80% of 2019 Budget into Eagle Ford and Viking Plays

Baytex Announces 2019 Budget

New Crude Oil Export Project Moves Forward in Corpus Christi

New Crude Oil Export Project Moves Forward in Corpus Christi

Lone Star Ports and Martin Midstream Partners will create exclusive VLCC export solution on Harbor Island
EPIC crude oil pipeline will connect Harbor Island to more than 1 MMBOPD
A week ago, the funding to dredge the Corpus Christi ship

New Permian and Eagle Ford Takeaway: DCP Midstream Expansion of Sand Hills NGL Pipeline Now in Service

New Permian and Eagle Ford Takeaway: DCP Midstream Expansion of Sand Hills NGL Pipeline Now in Service

DCP Midstream’s Latest Expansion of Sand Hills Natural Gas Liquids Pipeline Now in Service

December 4, 2018 - 10:30 am Closing Bell Story‎, Midstream, Press Releases