NuStar, EOG Agree to Rail Offloading in St. James, LA

St James, Louisiana will be home to a rail facility that EOG Resources and NuStar will use to offload crude from the Eagle Ford Shale and other oil plays.

By using rail, EOG will be able to market its crude outside of South Texas Gulf Coast area and will likely get better prices as Eagle Ford production grows. EOG was proactive in getting agreements to ship crude in the Bakken Shale and it looks as if they’re on the same track in the Eagle Ford.  [Read more…]

Eagle Ford Production Doubles in Two Months – Bentek

Bentek is quoted in a recent Reuters article about oil & gas pipelines in the Gulf Coast that Eagle Ford Shale production doubled over a two month period from May to July. That seems crazy, but if it is true, it is a glimpse of what’s to come in the Eagle Ford. I will not be surprised when the Eagle Ford Shale rivals the Bakken Shale in terms of production in the next couple of years. The Bakken, in North Dakota, is several years ahead of our South Texas play and produces over 300,000 barrels or oil per day.

Eagle Ford production doubled in two months and now stands at 160,000 bpd, according to energy consultancy Bentek.

Read the full press release at

Enterprise Products Pipeline Gets Green Light in Austin County TX

Enterprise Product’s Eagle Ford Shale pipeline has gotten the green light from the town of Sealy, TX and Austin County, TX. We’re closer to having the needed infrastructure for moving larges volumes of Eagle Ford crude. The pipeline has a planned capacity of 350,000 barrels of oil per day. Hopefully, the pipeline companies stay in front of oil production and we don’t see the oil price discounts experienced in North Dakota’s Bakken Shale. [Read more…]

EOG Announces Eagle Ford Shale Discovery and Acreage

EOG becomes one of the largest acreage holders in the Eagle Ford Shale with the announcement of its acreage position.

HOUSTON – EOG Resources, Inc. (EOG) today announced crude oil discoveries in South Texas, North Dakota and Colorado. Potential reserves were increased on its Bakken/Three Forks and Fort Worth Barnett Shale Combo crude oil and liquids-rich acreage. In addition, natural gas reserve estimates were also raised for its Haynesville/Bossier and British Columbia Horn River Basin acreage.

“These results reflect EOG’s concerted effort over the last four years to capture early mover positions in new crude oil and liquids-rich plays amenable to horizontal drilling,” said Mark G. Papa, Chairman and Chief Executive Officer.

Crude Oil Discoveries

In South Texas, EOG has accumulated acreage across six counties in the Eagle Ford Play where it has drilled 16 delineation wells over a 120 mile trend. Based on initial drilling and production results, as well as technical and core analysis, the estimated reserve potential on EOG’s 505,000 net acre position in the oil window is approximately 900 million barrels of crude oil equivalent (MMboe), net after royalty (NAR). Development of this high rate-of-return crude oil play is underway with the first significant production impact projected for 2011.

Read the full press relase at