Ensign Takes Control of Marathon Eagle Ford Facilities in Gonzales & DeWitt Counties

Author: phinds Category: Oil & Gas News

Ensign Natural Resources II is taking operational control of former Marathon Oil EF assets in the Eagle Ford, with five production facility and tank battery transfers concentrated in Gonzales and DeWitt counties. The transition creates an immediate OFS sales opportunity around facility maintenance, automation, chemicals, artificial lift, emissions, production optimization and supporting Ensign’s expanding drilling and production program.

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Ensign Natural Resources II LLC – acquisition of 43,000 acres in South Texas

Author: phinds Category: Oil & Gas News

Ensign Natural Resources II is an NGP-backed Houston E&P making a major return to the Eagle Ford through its approximately $1.2-billion acquisition of 43,000 net South Texas acres from ConocoPhillips, backed by a management platform with extensive prior experience developing and monetizing Eagle Ford assets. Recent activity, including five Texas drilling permits in the latest reported week, makes Ensign II a high-priority Next Tier account with immediate drilling and completion opportunities and a potentially expanding longer-term market for artificial lift, chemicals, automation and Maintenance Plus production services.

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