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Eagle Ford

Oil drilling rig

Push to axe U.S. crude export ban strengthens in House: lawmakers

Lawmakers in the House of Representatives who are trying to end the decades-old ban on U.S. crude oil exports said on Thursday they were gaining support after a Democrat joined the Republican-led effort. Representative Henry Cuellar became the first Democrat to sign on to a bill launched in February by Representative Joe Barton, a Republican and fellow Texan.

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Pumpjack

New U.S. well permits rise slightly in December after crude oil plunge

New oil and gas well permits issued across the United States rose slightly in December and surged 72 percent in Colorado and Wyoming after falling sharply in November on tumbling crude prices.

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Oil seep

U.S. shale output still surges, to add 103,000 bpd by Jan-EIA

Oil production from the United States' biggest shale plays is poised to keep expanding at the same breakneck pace into early next year, according to new U.S. projections released on Monday that highlighted a slow response to tumbling prices.

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Fracking site

New U.S. oil and gas well November permits tumble nearly 40 percent

Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around 2007.

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US Oil Drill

As global oil futures tumble, U.S. cash crude traders ask: What glut?

An unusual disconnect has emerged in the U.S. oil market, with headline futures slumping to levels below $90 a barrel even as traders in the physical crude market report surprisingly robust demand and strong pricing.

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Comstock Resources Inc

Texas energy firm Comstock to spend $450M in 2014

Texas, US-based energy explorer Comstock Resourced Inc has allocated roughly $450 million as investment for its drilling and completion operations in 2014, with a further $28 million for leasing activities.

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Eagle Ford Shale

Royal Dutch Shell exits Eagle Ford unit in South Texas via sale - report

Wall Street Journal reported on Sunday that Royal Dutch Shell would be selling its Eagle Ford unit in South Texas.

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H.I.G. Capital

H.I.G. Capital's Harrison Gypsum purchases Eagle Ford

H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials.

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Talisman

Sources: Talisman Considers Sale of Eagle Ford Assets

According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.

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