Eagle Ford
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Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets. -
The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
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Already a partner in the Cameron LNG export facility in southwest Louisiana, Mitsui now expands its US gas and LNG exports with an investment in upstream unconventional assets.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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M&A market activity in the fourth quarter fell from the third-quarter high to $13 billion.
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The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.
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The deal upon closing at year-end would expand Marathon’s position in the south Texas shale play by 130,000 net acres.
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The authors write that child-well performance increases with spacing and decreases with infill timing and that the parent cumulative production at child-well completion is an effective indicator of child-well performance.
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Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken.
