Back toour markets

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

Eagle Ford’s oil and gas industry has continued to rise in importance since 2008 when it became the world’s most active shale play, transforming the US’s position in the global energy mix. Since then, production has grown significantly. Eagle Ford accounts for a large share of Texas’ production along with producing fields on the state’s Permian Basin. Texas is the top oil and gas producer in the US, traditionally accounting for just under half of its oil production and a quarter of its natural gas production. The state is also the US’ highest consumer of petroleum products, with its industrial sector taking the lion’s share.

The Eagle Ford shale formation is located in Texas and forms an arc from the Mexican border to around 640 kilometres northeast of Houston and Austin. The 51,800-square-kilometre play is divided into three windows, with the northern section containing mostly crude oil, the central section containing mostly gas liquids such as ethane, propane and butane, and the southern section holding mostly natural gas deposits.

The region has attracted many E&P operators taking advantage of opportunities, with the largest players on the Eagle Ford formation being EOG Resources, ConocoPhillips, Marathon Oil, Chesapeake Energy and China National Offshore Oil Corporation. Players have taken advantage of new horizontal drilling technologies to tap previously untouched plays, with more recoverable resources still untapped in the region.

Production from the Eagle Ford basin has given rise to the US’ largest cluster of oil refineries, predominantly located in ports along the coast of the Gulf of Mexico, consisting of around a quarter of the nation’s oil refining capacity. Gas production has also seen a huge rise in LNG terminals in Texas, accounting for more than half of the country’s LNG export capacity and rising. Despite being a net LNG importer in the past, a large rise in LNG production has seen the US join the ranks as a top global LNG exporter along with Qatar and Australia.

Alongside its coastal marine exports, Texas also boasts a considerable gas pipeline network that pumps the resource across the state, into Mexico and towards the rest of the US. While gas enters Texas’ pipeline system from other states, a larger part of gas is exported, with almost three times more natural gas departing the state than entering.

Eagle Ford Articles and News

Chesapeake moves forward in US merger bonanza
USA - January 12, 2024

Chesapeake Energy Corporation has signed an agreement to acquire Southwestern Energy for USD 7.4 billion, the US oil and gas…

Kinder Morgan to acquire pipeline entity for $1.8 bln
USA - November 07, 2023

Kinder Morgan has decided to acquire NextEra Energy’s pipeline network in South Texas, USA, for USD 1.8 billion, the US…

Chesapeake Energy eyes $12-bln US gas acquisition
USA - October 20, 2023

Chesapeake Energy Corporation has entered preliminary talks with Southwestern Energy to discuss the possibility of a USD 12-billion acquisition that could create the…

Chesapeake Energy sells off last of its Eagle Ford assets
USA - August 15, 2023

Chesapeake Energy has agreed to sell its remaining Eagle Ford assets to SilverBow Resources for USD 700 million, the US E&P company announced on Monday.

The sale…

INEOS Energy enters Eagle Ford shale gambit
USA - February 23, 2023

INEOS Energy has entered America’s upstream Eagle Ford shale market through a USD 1.4-billion acquisition, the British energy company announced on Tuesday.

The deal…

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

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

The acquired…

Chesapeake in WildHorse acquisition
USA - October 31, 2018

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

The deal, which adds…

Pemex, Lewis in Mexico shale contract
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…




  • Do you have a question for The Energy Year about oil and gas?
  • If we know, we’ll tell you.
  • If not, we’ll ask the experts in the field.