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US Will Become Net Oil Exporter by Late 2020’s

Shales like the Eagle Ford will propel the United States into a net exporter by the late 2020’s. According to a new report from the International Energy Agency. “The U.S. will become the undisputed global oil and gas leader for decades to come,” 

eagle ford other us shale plays

The International Energy Agency announced that the United States will account for 80% of the increase in world oil supply between now and 2025. The driving forces are shale producers finding more efficient ways to pump oil profitably – at lower prices. By the late 2020s, the United States will become a net exporter of oil for the first time since the 50s.

Read the story in this Fortune article: http://fortune.com/2017/11/14/us-oil-and-gas-boom/

Permian Basin Congress 2018 Houston Texas

New Artificial Lift Designs & Production Optimization Technologies Permian Basin Congress 
2018 – January 23, 24 & 25 – Houston, Texas

American Business Conferences’ flagship Permian Production Optimization Congress returns to Houston on January 23, 24 & 25, rebranded as the New Artificial Lift Designs & Production Optimization Technologies Permian Basin Congress 2018, packed with E&P case studies and dollar-driven solutions to…

eagle ford shale conference

‘Maximize Production Out Of Existing Assets’
‘Reduce Lifting Costs & Downtime’
‘Reduce Well Failure Frequency’

The January 2018 event is designed to explore cost-effective ways to practically implement the latest tools to market and optimize production performance.

Attend to discover production optimization strategies and new technologies to optimize recovery over the full life of wells, while reducing LOE and failures.

Speakers & Panelists Include:
• Matt Berkebile, Senior Production Engineer, Diamondback Energy Inc
• Younes El Fadili, EVP Operations, Fortuna Resources
• Guy Jordan, Engineer Petroleum, Whiting Corporation
• Mark Linroth, Technical Services Director, Kinder Morgan
• Jeff Ryan, Production Manager, Diamondback Energy
• Dennis Harris, Petroleum Engineer, Chevron Energy Technology Company
• Levi Harris, Sr. Production Engineer, Diamondback Energy
• Bryan Bugg, Senior Completions Engineer, Liberty Resources
• Ryan Tomblin, Senior Production Engineer, Citation Oil & Gas
• Mick Harrison, President and CEO, Harrison-Wright Oil Company, LLC

Latest Eagle Ford Drilling Stats From EIA

EIA – May 2017 Drilling Statistics for the Eagle Ford

The U.S. Energy Information Administration (EIA) May 2017 Drilling Productivity Report is now available.

may 2017 eagle ford drilling stats

The EIA combines statistics on the total number of drilling rigs currently in operation. Theses show changes in oil and natural gas production for all of the major plays in the US. Including the  Eagle Ford shale, Bakken, Haynesville, Marcellus, Niobrara, Permian Basin, and the Utica.

Their reporting does not make a distinction between an oil rig or a gas rig because a completed well will most likely produce oil and gas.

The EIA is focuses only on these 7  areas, because they account for over 90% US oil production and the entire natural gas production for the last seven years.

Eagle Ford Drilling Permits December 2016

Eagle Ford Drilling Permits December 2016

Click to enlarge the image below of the Permit  Activity in the Eagle Ford. Word on the street is that the landmen are knocking and they are saying that drilling will commence. What are ya’ll hearing?

Eagle Ford Map

Oil and Gas Wells Permitted and Completed in the Eagle Ford Shale Play:

2,148 Permits – 11,735 Oil on Schedule – 5,650 Gas on Schedule

 

 

OPEC Cuts and Optimism Soars in the Eagle Ford

OPEC Cuts – Yeah!

OPEC has agreed to cuts, and it looks like they are serious this time. Eagle Ford News editors are starting to hear that things are moving again in the Eagle Ford. Landmen and talking to landowners and they are using the word “Drilling”. All good news for us folks in the Eagle Ford! 

http://www.bizjournals.com/sanantonio/news/2016/12/01/eagle-ford-optimism-soars-following-opec-decision.html

OPEC Flag

http://www.bizjournals.com/sanantonio/news/2016/12/01/eagle-ford-optimism-soars-following-opec-decision.html

Eagle Ford and the San Antonio Manufacturers Association

Trade Show for Manufacturers

Hey Eagle Ford Manufacturers. This is yoru chance to show off your abilities and stir up some business!

eagle ford manufacturers show

Attend or Exhibit – Booth Spaces Still Available!
From our friends at the San Antonio Manufacturer’s Association
South Central Texas Manufacturing Trade Show & Conference
Wednesday, May 11, 2016
9:00 AM to 5:00 PM
FREE Admission for Attendees
Listen To Four Successful Area Manufacturers And How They Grew Their Business
Visit Quality Vendors In One Day, Under One Roof
Convenient and Ample Free Parking
Exposition Hall at the Freeman (Hall B)
3201 E Houston
San Antonio TX 78219
Register or Get Booth Details Online
http://www.sama-tx.org/ 

US Rig Count December 28th 2015

USA Rig Count December 2015

RigData US #‎rigcount‬ is 771 active rigs (-29). 167 rigs moved last week & 385 drilling permits issued (-250).

us rig count 122815

 

About RigData:  is the oil and gas industry’s trusted source for accurate and timely information pertaining to drilling activity in the United States, the Gulf of Mexico and Canada. For over 25 years, the oil and gas industry has relied on RigData reports for its comprehensive and unparalleled reporting on drilling permits, drilling activity and tracking drilling rig locations.