I subscribe to a meteor mailing list and people have reported seeing it from Texas; consensus is it's almost certainly the re-entry of a satellite or space debris.
These pieces, while much, much larger than the rice or pea sized grains of a typical meteor, move much, more slowly, so you'll get a long-lasting trail and assorted pieces breaking off, flaring, etc.
I don't have the source handy, but seems to me that a Japanese satellite was going to come down sometime soon. I remember that they expected most of it to burn up harmlessly, and at the time of the article weren't even sure of where or when.