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Summary •EOG does not believe another large shale discovery such as the Bakken or Eagle Ford will be made. •Management sees a supply impasse on the horizon. •Forecasts are for slower oil production growth. EOG Resources (NYSE:EOG) recently upended Chevron (NYSE:CVX) and Occidental Petroleum (NYSE:OXY) as the biggest producer of oil in the United States. Few oil producers, if any, have been able to grow oil production as EOG has over the past decade.But today, EOG's management is telling a very different story; one of caution and slowing production growth in the lower 48 states. Part of this newfound caution...

Eagle Ford Shale Continues to Get BiggerBy Matt DiLallo | More Articles | Save For Later March 11, 2014 | Comments (0) Photo credit: Carrizo Oil & Gas,In addition to reporting stellar quarterly results, EOG Resources (NYSE: EOG  ) also reported a 45% surge in the company's resource potential in the Eagle Ford Shale. In the four years since the company discovered the play, it has now boosted the recovery potential of oil and gas from the Eagle Ford Shale by four-fold.Better data on previously drilled wells along with improved completion techniques have contributed to the boost. However, the real reason...

The New Oil Majors by Jay Yao, The Motley Fool Feb 15th 2014 2:00PM Updated Feb 15th 2014 2:02PM It takes time to build an empire. Both ExxonMobil and Chevron, the U.S. super-majors of today, trace their history back to the ultimate corporate empire: John D. Rockefeller's Standard Oil, - which was founded more than a century ago. Unlike asset-light technology companies that can grow quickly, the oil industry is notoriously capital intensive. Because they require so much capital, oil companies generally grow at a slower rate. Most of the large oil fields that can turn wildcatters into giant oil...

Why Independent Producers Are Vastly Outpacing Big Oil by David Smith, The Motley Fool Feb 8th 2014 2:00PMUpdated Feb 8th 2014 2:02PM Energy investors have effectively reached an earnings season tipping point, with the majors having told us about their fourth-quarter and full-year results and most of the independents still preparing to do so. While I obviously can't predict with absolute certainty the impending announcements from the likes of and Whiting Petroleum , they're likely to outstrip those that we've already received from ExxonMobil, Chevron , and Royal Dutch Shell .As for the weaknesses displayed by the majors during...