Abraxas Petroleum Sells Eagle Ford Acreage in McMullen County to Redman Resources – $73 Million

Abraxas Retains ~4,400 Net Acres in Atascosa & McMullen Counties
Abraxas Eagle Ford Map - Pre WyCross Sale

Abraxas Eagle Ford Map – Pre WyCross Sale

Abraxas Petroleum is selling Eagle Ford acreage and production in the company’s WyCross area in McMullen County for $73 million.

The deal includes ~1,200 net acres from a 25% working interest in 5,986 gross (4,809.5 net) acres and net production of 655 boe/d (~90% oil). Proved reserves on the property were estimated at 3.7 million boe. [Read more…]

BHP Job Fairs Underway in the Eagle Ford

Three Job Fairs Planned - April 9-11
Eagle Ford Event Registration Line Photo

Registration line at a recent Eagle Ford Expo | Click to Enlarge

BHP began holding jobs fairs this past week and still has a few on the schedule. If you’re looking for a South Texas oilfield job, BHP is one of the largest operators in the play and plans to hire hundreds in the region. The company plans three job fairs next week: [Read more…]