An unnamed new player has bought up acreage in Louisiana’s portion of the Austin Chalk formation, as speculation about an onshore drilling resurgence in the play continues. Amelia Resources LLC, a New ...

Houston-based drilling giant ConocoPhillips is making a play in Louisiana’s portion of the Austin Chalk formation, raising the prospect of a resurgence of onshore drilling activity in the state.

Two years ago, oil and gas companies began placing big bets on the Austin Chalk, a geological formation that many hoped could revive drilling across a large swath of south Louisiana — including areas ...

BURTON, Texas (Reuters) - Among vineyards and cow pastures in east Texas last month, roughnecks started to drill in an oilfield that is 25 years past its production peak. Houston-based oil producer ...

The Austin Chalk trend, a legacy conventional play with deep roots in Texas, is on the verge of a revival as bigger hydraulic fracturing jobs and improving oil prices make the formation more economic.

The Oklahoma City independent has received permission from Louisiana regulators to plug back the Lane 64 well in East Feliciana Parish to complete the Selma Chalk, as the Austin Chalk formation is ...