Impacts from falling commodity prices is old news. The new news at Scotia Howard Weil is about new techniques to develop additional formations in the Eagle Ford and develop ways to reduce the cost of deepwater development.

Operators are employing several tools to increase production despite budget cutbacks, including high grading acreage, high-intensity completions and leveraging lower service costs to navigate the new low oil price era. 

Sabine said March 16 that it is considering “strategic alternatives” to its capital structure following legal action by bondholders seeking $584 million. The company has been served a notice of default by its lender.


Eagle Ford - Texas Drilling Permits Trends

7 Day Trend70 (-50)
30 Day Trend312 (-154)
1 Year Trend8139 (+950)
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Heard In The Field

Service & Support Companies

Eagle Ford Resources

Company Net Acreage
Chesapeake/CNOOC 675,000
EOG Resources 639,000
Apache 450,000
BHP Billiton 314,000
All Top Acreage Holders