Exxon to buy $650 million in shale assets.
The Arkansas assets produce about 98 million cubic feet of gas a day, Houston-based Petrohawk said. (AP Photo/J. Scott Applewhite).
View ArticleKinder Morgan to buy Petrohawk pipelines for $855M
The deal gives Kinder gas-gathering pipelines in the Haynesville Shale and a 25 percent stake in a joint venture with Petrohawk in the Eagle Ford shale. Kinder also will spend $220 million to build an...
View ArticleFuelfix Q&A: El Paso’s Foshee says spinoff ‘solely our decision’
El Paso Corp. CEO Doug Foshee says the company was not pressured by shareholders into spinning off its exploration and production business, but chose to do so after many years of strengthening its...
View ArticleHas shale mania hit its peak?
The hefty price tag on Marathon Oil's Eagle Ford shale deal this past week set a record per-acre price for the play. Is it a record worth topping in future deals?
View ArticleHow BHP/Petrohawk is — and isn’t — a good deal
Sure, $12.1 billion is a lot of money for BHP to pay for Houston-based Petrohawk, but those are some fine assets they’re getting, say analysts. But the deal may further what some see as the...
View ArticleSummer NAPE opens semi-annual marketplace for oil and gas deals
Looking for the next big play in oil and gas? Then you should be over at NAPE -- formerly known as the North American Prospects Expo – which gets started today at Houston’s George R. Brown Convention...
View ArticleFinding the sweet spots of the Eagle Ford
The best spots in the Eagle Ford Shale play were a closely guarded secret a few years ago as oil and gas companies quietly leased thousands of acres. Today, the word is out.
View ArticleShale explorers outperforming international oil titans
Oil explorers focused on high-margin shale drilling from Texas to North Dakota are set to outperform Big Oil this year.
View ArticleRed Queen effect can make production slow down in a hurry
Eagle Ford wells come in producing large amounts of oil or gas, but drop like a roller coaster after a year — a more than 60 percent dip that experts say is inherent to shale production.
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