Natural gas-rich Haynesville in east Texas and north Louisiana has overtaken Eagle Ford in south Texas as the second most popular destination for drilling rig operators in U.S. Haynesville surpassed Eagle Ford in May and now has 32 operating rigs to 11 for Eagle Ford as of July 17, according to Baker Hughes. And Haynesville […]
EOG Resources to reduce 2020 drilling, production forecast
Houston-based EOG Resources, in its May 7 announcement of first quarter results, said it reduced rigs in the last six weeks from 36 to 8 and will have an average of 6 rigs for the remainder of 2020. EOG in 2020 will focus drilling in Permian Basin and Eagle Ford, produce about 390,000 b/d of […]
Moda Midstream adds storage capacity for oil from Permian, Eagle Ford
Houston-based Moda Midstream said this week it activated the final 495,000-barrel storage tank in its 10 million-barrel crude oil expansions at Moda Ingleside Energy Center and Moda Taft terminal. The completion of these expansions brings total capacity at MIEC and Taft to about 12 million barrels. President and CEO Bo McCall called the addition of […]
Bringing Balance to the Basin
More drilling, longer laterals boost Basin business for environmental companies. Meanwhile, reduction in federal regulations has little effect on state-dominated Texas companies. Far from signs of habitation, the grounds (and waters) of the Deep Six landfill strike a contrast with the surrounding landscape. Deep Six is operated by Petro Waste Environmental. By Paul Wiseman With […]
Texas’ “Other” Play Stays Strong
In 2013,the Eagle Ford Shale supplanted the Spraberry as the top oilfield in the nation. Though the South Texas field has slowed, just as the Permian has, indicators are that the pace of activity is soon to pick up. By Lana Cunningham Call it a “breather,” a chance to catch up and gather […]
Texas’ “Other” Play Stays Strong
In 2013,the Eagle Ford Shale supplanted the Spraberry as the top oilfield in the nation. Though the South Texas field has slowed, just as the Permian has, indicators are that the pace of activity is soon to pick up. By Lana Cunningham Call it a “breather,” a chance to catch up and gather […]