# GAIL exits US shale after 13 years

> India's state-run gas distributor is selling its entire stake in Texas oil and gas assets amid declining output.
- Title: GAIL exits US shale after 13 years · The Economic Times
- Summary: India's state-run gas distributor is selling its entire stake in Texas oil and gas assets amid declining output. GAIL is exiting its US shale investment…
- Keywords: gail, gail india, gail global usa, eagle ford shale basin, texas, us shale, oil and gas, asset sale, stake sale, india energy companies, exits, shale
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/energy/oil-gas/gail-looks-to-sell-its-stake-in-us-shale-business/articleshow/134343042.cms
- Author: Kalpana Pathak
- Published: 2026-09-18T19:04:00+00:00
- Read time: 1 min
- Topics: gail, gail india, gail global usa, eagle ford shale basin, texas, us shale, oil and gas, asset sale, stake sale, india energy companies
## GAIL selling US shale stake
GAIL India's US unit is close to selling its entire 20% stake in oil and gas assets at Eagle Ford shale basin in Texas.
## Multiple buyers interested
The state-run gas distributor has received several expressions of interest from US-based companies and is reviewing them.
## Deal worth ₹100 crore
GAIL plans to complete the sale by next month and could garner about ₹100 crore from the deal.
## What's being sold
The assets include interests in 91 oil and gas wells and 13 proved undeveloped locations, covering 2,870 net acres in La Salle and Frio counties.
## GAIL entered in 2011
GAIL took a 20% interest in Carrizo Oil & Gas' Eagle Ford acreage in September 2011 for $95 million.
## Following RIL's exit pattern
The move follows similar exits by other Indian energy companies like RIL, which sold its remaining Eagle Ford shale assets in 2021.
## Key takeaway

GAIL is exiting its US shale investment after 13 years, following a pattern of Indian energy companies withdrawing from American shale assets.