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Eagle Ford's oil and gas industry

Eagle Ford

Eagle Ford In Figures

Oil Production1.44 million bopd

Gas Production77.8 bcm

Eagleford: Hydrocarbons renaissance

Since 2008, the Eagle Ford, Texas has become the world’s most active shale play and with the Bakken, Marcellus, Utica, Niobrara and Permian shales has transformed the US’s place in the global energy matrix.

The Lone Star state is estimated to have total reserves of 7 billion-10 billion barrels of oil. With more than 250 oilrigs, Texas has one of the largest concentrations of rigs in the country. As of January 2013, the 27 petroleum refineries in Texas had a capacity of more than 5.1 million barrels of crude oil per day and accounted for almost 29 percent of total US refining capacity.

Yet high costs have prompted many firms, such as super-major Shell, to pull out of the shale play completely.

Nonetheless, Eagle Ford is politically and economically placed to contribute to the bright future of US energy production. Thanks to its shale boom, the US could become the world’s biggest oil producer by 2020 and achieve hydrocarbon self-sufficiency by 2035.

Eagle Ford Articles and News

Reliance Industries divests all US shale assets
NEWS
USA - November 09, 2021

Reliance Industries has announced the sale of its Eagle Ford shale plays to Ensign Operating III, the Indian multinational…

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Chesapeake in WildHorse acquisition
NEWS
USA - October 31, 2018

Chesapeake Energy has struck a deal to acquire WildHorse Resource Development for USD 3.98 billion, the companies announced on…

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BHP to sell $10.8 billion worth of US shale assets
NEWS
USA - July 27, 2018

BP on Friday announced a “transformational deal” to acquire Petrohawk Energy Corporation, a BHP subsidiary in the USA, for USD 10.5 billion.

The assets include…

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Pemex, Lewis in Mexico shale contract
NEWS
Mexico - March 27, 2018

Pemex and US company Lewis Energy have signed an agreement worth USD 617 million to explore and develop an area of the Mexican side of the Eagle Ford shale play, the…

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Mexico aims for 2018 unconventionals auction
NEWS
Mexico - February 01, 2018

Mexico could hold an auction for shale oil and gas blocks before the end of the year, the president commissioner of the country’s oil and gas regulator said on…

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Interview
Indonesia - January 26, 2018

Tumbur Parlindungan, the president-director of Saka Energi (SEI), about upstream activity in the market, Indonesia’s permitting process and areas with potential for…

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Penn Virginia in Eagle Ford buy
NEWS
USA - January 02, 2018

Since 2008, the Eagle Ford, Texas has become the world’s most active shale play and with the Bakken, Marcellus, Utica, Niobrara and Permian shales has transformed the…

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MIRAZON
Interview
Argentina - December 18, 2017

Ezequiel L. Mirazón, PwC’s energy, utilities and mining leader in Argentina, talks to TOGY about the trends, opportunities and challenges in the domestic oil and gas…

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BHP to sell US shale assets: report
NEWS
USA - August 31, 2017

Since 2008, the Eagle Ford, Texas has become the world’s most active shale play and with the Bakken, Marcellus, Utica, Niobrara and Permian shales has transformed the…

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Juan Carlos Zepeda Molina
Interview
Mexico - August 31, 2017

Juan Carlos Zepeda, president commissioner of Mexico’s National Hydrocarbons Commission (CNH), talks to TOGY about Round 1.4, the agency’s response to industry…

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