Author: Zoe Gottlieb

Four companies filed applications last week to drill new wells in Webb County.

After taking a break for the holidays, ConocoPhillips subsidiary Burlington Resources is firing back up in oil-rich Karnes County.

Houston-based Marathon Oil EF LLC, Repsol Oil and Gas USA LLC and SilverBow Resources Operating LLC were the most active companies filling applications to drill new wells in the Eagle Ford Shale the week of Dec. 24.

Texas’ oil and gas industry smashed production records this quarter, according to a newly released report from the Texas Oil and Gas Association.

In a heavy week for drilling, Houston-based Burlington Resources Oil & Gas has applied to drill 25 horizontal wells in Karnes and DeWitt counties.

With 13 applications for new wells in three counties, EOG Resources Inc. (NYSE: EOG) was the top filer in the Eagle Ford Shale last week.

Texas Oil and Gas Association President Todd Staples has issued a statement of support following the passage of Prop 7, funding the “construction, maintenance, modernization, and operation of electric generating facilities” through loans and grants.

Ineos USA Oil and Gas LLC and Marathon Oil EF LLC have applied to drill a combined eight wells in the Eagle Ford Shale.

The Texas oil and natural gas sector has added 16,500 jobs this year, averaging 1,511 new jobs a month since September 2020.

A Dallas company rivaled reigning Eagle Ford champion EOG Resources Inc. last week in applications for new wells in the Eagle Ford Shale.