Author: Zoe Gottlieb

South Texas drillers filed to drill 35 new wells last week.

Exxon Mobil Corp. says it will move forward on a $10 billion LNG export project despite losing its lead contractor.

Applications to drill new wells in the Eagle Ford decreased by more than 50% last week compared to the previous week, from 75 to 32.

San Antonio-based independent pipeline and terminal operator NuStar Energy LP is now a wholly owned subsidiary of a fuels distributor.

CPS Energy has closed on the purchase of an approximately 1,710-megawatt energy portfolio at an estimated cost of $785 million.

EOG Resources, Kimmeridge Texas Gas LLC, Mitsui E&P USA LLC and SilverBow Resources Operating LLC all filed drilling permit applications last week with the Railroad Commission of Texas to drill in a southern area of the Eagle Ford Shale.

See the latest moves in the South Texas oil sector where Tidal Petroleum and Marathon Oil are drilling deeper and reaching new records in the Eagle Ford shale.

Marathon Oil LLC (NYSE: MRO), an independent oil and gas exploration company with operations in the Eagle Ford, was the top driller last week, filing 13 applications to drill new wells in Atascosa, Karnes and Gonzales counties.

Three companies are advancing drilling projects in Atascosa County, which has been one of the least active counties for drilling new wells in the Eagle Ford Shale.

EOG Resources and ExxonMobil subsidiary XTO Energy Inc. have filed to drill 13 combined wells in Atascosa County.