The transaction will be funded through $3.5 billion in new debt and $2.1 billion of existing cash. Post-deal, EOG’s total Utica position will expand to 1.1 million net acres, with more than 2 ...

EOG Resources is buying Utica shale player Encino Acquisition Partners from the Canada Pension Plan Investment Board and Encino Energy for US$5.6 billion, the US operator announced on Friday.

EOG Resources Inc., Houston, has agreed to buy Encino Acquisition Partners LLC, the largest oil producer in Ohio, for $5.6 billion. Executives say the plan will grow EOG’s Utica Shale holdings ...

EOG Resources has agreed to buy Encino Acquisition Partners for $5.6 billion, extending its acreage in Ohio’s Utica Shale. Encino brings with it 675,000 acres, bringing EOG’s position in the ...

(Reuters) -EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position.

The acquisition of Encino’s 675,000 net core acres significantly increases EOG’s Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of ...

EOG aims to consolidate the Utica shale oil window, anticipating a potential boom in Ohio. EOG Resources bets big on Ohio oil boom with $5.6 billion Encino deal Skip to main content ...

U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin… Saturday, June 21, 2025 🔍 ...

US shale oil output hasn’t peaked and can expand, but not if prices are near $50 a barrel, according to the chief executive officer of oil giant ConocoPhillips. Skip to content.

COLUMBIANA COUNTY, Ohio — The first phase of construction for a new welding lab at Utica Shale Academy is underway, with a budget of $907,000 funded through one-time allocations from Ohio ...

Petronas’ involvement in La Amarga Chica began in 2014, when Argentina’s shale industry was just getting started. The field’s size is about 46,000 acres, with half corresponding to each ...