How do you get rid of excess capacity in the oil patch? You put a choke hold on for now and consolidate. While asking your Nabor-NBR for a price break.
Top 5 Eagle Ford stories of the week
5. This Week’s Top Energy Jobs 
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology, engineering, law, etc. Read about the hottest jobs in the market here.
4. Carrizo creates bigger niche in EF
 Carrizo Oil & Gas, Inc.
The Houston-based exploration, development and production company, Carrizo Oil and Gas, Inc., announced Monday that their acquisition of additional leasehold and producing interests in the Eagle Ford Shale from Eagle Ford Minerals, LLC was finalized. Read more here.
3. Oil prices don’t dictate the value of oilfield service companies
 Getty Images via NewsCred
The recent and dramatic drop in the price of oil, which fell from $100 per barrel in August to around $80 in October, has many oil and gas service companies wondering if they missed an opportunity to sell at a decent price. However, according to John Sloan, vice chairman of Allegiance Capital, an investment bank specializing in mergers and acquisitions, “The value of a proven, well-managed, successful oilfield services company is not totally immune from the latest drop in oil prices, but we haven’t seen any negative impact on what buyers are willing to pay for companies.” Read more after the click.
2. 7 oilfield songs you won’t hear on the radio
 Getty Image via NewsCred
…Here is a list of seven oil-related folk songs. Some you may recognize right away, while others may have been lost with time. At least now, the next time I hit up a jam session, I can bring a slice of the black gold reality with me. Check out the music right here on Eagle Ford.
1. Anadarko pushes progress in East Texas, Eagle Ford 
Anadarko Petroleum Corp. is staking new claims in East Texas with plans to drill over 500 new wells across the region. Teaming up with KKR & Co., this is a major expansion for the company in a region where they were once highly productive. Read all about the new ventures here.
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