Executive Summary
Despite a notable rig count decline, Eagle Ford production generally remained about flat over the twelve months ended March 2025. Modestly declining commodity prices combined with the formation’s falling rig count pushed the region’s benchmark groups’ stock prices into single-digit declines over the review period.
Although M&A activity in the Eagle Ford remained minimal, with only two material transactions over the last twelve months, Andrew Dittmar, with Enverus Intelligence Research, noted that the Eagle Ford remains the most fragmented of the major unconventional plays and provides substantial opportunities to build via acquisition.
Also in this Issue
Oil and Gas Commodity Prices
Macro Update: Oil Markets: Prices Going Down While Costs Go Up
Region Focus: Eagle Ford
Production and Activity Levels
Financial Performance
Market Valuations & Transaction History: Where Have All the Deals Gone?
Selected Public Company Information
Production Update
Rig Count