The Eagle Ford Shale Takes Flight
The South Texas Eagle Ford Shale’s emergence as an M&A hot spot in late 2022 highlights the play’s market potential this year.
Hilcorp Affiliate Harvest Midstream to Purchase Paradigm’s Bakken, Eagle Ford Assets
Paradigm will sell three midstream gathering systems serving the Bakken, and another in the Eagle Ford, to Hilcorp-affiliate Harvest.
Baytex to Acquire Eagle Ford E&P Ranger Oil for $2.5 Billion
The deal is the latest Eagle Ford transaction following months of multi-billion dollar M&A by Marathon Oil, Devon Energy and, most recently, Chesapeake Energy.
SM Energy Boosts Q4 Income But 2023 Guidance Underwhelms
Lower-than-estimated fourth-quarter oil production volumes are expected to stretch through 2023, while capex is expected to increase by over $200 million.
Tellurian Production, Revenues Soar in Q4 as Driftwood LNG Remains on Track
Tellurian Inc., which is developing the 27.6 mtpa Driftwood LNG project south of Lake Charles, produced an average of 225 MMcf/d in fourth-quarter 2022 and expects production to remain flat in 2023.
Chesapeake Finds ‘Much Better Deal’ in Eagle Ford Sale to INEOS
INEOS Energy Chairman Brian Gilvary told Hart Energy the $1.4 billion Chesapeake acquisition adds “good, economic barrels to add to [the company’s] portfolio.”
Inside Comstock’s North Houston ‘Western Haynesville’
Comstock Resources is putting modern horizontals and frac jobs into the deep Bossier, long known to be a super-stocked natgas tank. It’s looking like the new recipe works.
US Proposes First Offshore Wind Lease Sale in Gulf of Mexico
The proposed wind lease sale in the Gulf of Mexico, home to vast oil and gas production, would open acreage offshore Lake Charles, La., and Galveston, Texas, for wind development.
Freeport LNG Cleared to Start Operations
Freeport LNG Development has achieved regulatory approval to kick-start two trains at its three-train Quintana Island liquefaction plant, eight months after a fire shuttered the plant.
Chesapeake Sells Black Oil Window Eagle Ford Assets to INEOS for $1.4 Billion
In a span of about 34 days, Chesapeake has divested more than $2.82 billion in Eagle Ford assets as it makes a push toward a natural gas producing powerhouse.