Exploration & Production | Capital Markets | Capital Expenditure | Private Equity Activity
Looking Ahead: The Eagle Ford in 2016

As capital budgets for 2016 begin to emerge, Shale Experts is taking at numerous operators' spending plans and how that will impact activity on a play-by-play basis.
Today, we are looking at the Eagle Ford Shale.
Operators Talk 2016 BHP BillitonBHP plans to spend $1.4 billion on combined Eagle Ford and Permian operations in 2016 (down from $3.1 billion in 2014 and comparable to 2015 spending levels).
The company currently has 4 rigs in the Eagle Ford, and 2 in the Permian Basin.
ConocoPhillipsConoco has IDed a 2016 capital budget of $7.7 billion, with $2.6 billion allocated to the Lower 48.
While the company didn't specifically note spending for the Eagle Ford, it did say that capital spending in 2016 will focus predominantly on the unconventionals where the company plans to maintain…
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