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.