All content is (c) Texas Online Radio ~ 2011 or respective artist. / Not available for reprint or circulation without proper approval and/or syndication rights. Site best viewed full screen. F11 ~ If you'd like to leave a comment, click on the post header or scroll to the bottom of the post. Take your time, enjoy the site! Thanks.

Words of Wisdom

"Time is what we want most, but what we use the worst."
~William Penn

Friday, October 21, 2011

Texas Oil and Gas - News and Information - 10.25.2011

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Texas Oil and Gas  -  News and Information
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 Eagle Ford Shale, Barnett Shale, Austin Chalk
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Sky Petroleum Provides Operations and Development Update
MarketWatch (press release)
AUSTIN, Texas, Oct 25, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. /quotes/zigman/374247 SKPI -4.55% , an oil and gas company, today provided an update on its operations and field development. Sky Petroleum reported on September 19, ...
See all stories on this topic »
Oil and gas, drought among topics set for 2011 South Texas Farm & Ranch Show
Victoria Advocate
Oil and gas issues and drought strategies are among the topics to be discussed at the 2011 South Texas Farm & Ranch Show on Wednesday and Thursday at the Victoria Community Center, 2905 E. North St. Other topics to be addressed include financial ...
See all stories on this topic »
Crown Oil & Gas Appoints Olga Kovaleva as Chief Financial Officer
MarketWatch (press release)
Houston, Texas UNITED STATES, Oct 24, 2011 (Filing Services Canada via COMTEX) -- Crown Oil & Gas Inc. (CWOI - OTC Pink)("Crown" or the "Company") is pleased to announce that Olga Kovaleva has been appointed to the position of Chief Financial Officer. ...
See all stories on this topic »
Bering Exploration acquires Texas oil and and gas leases
Gas Business Briefing
Bering Exploration Inc completed a 260-acre acquisition in DeWitt County, South Texas, from an unnamed seller, Gas Business Briefing learns. The acquirer estimates its purchase contains 3.5 MMBbls of gross oil reserves and 5 Bcf of gas. ...
See all stories on this topic »
Exxon Makes Find off Vietnam
Wall Street Journal
The company said the first well it drilled in offshore Vietnam didn't encounter oil and gas. Exxon, which is based in Irving, Texas, didn't disclose additional details. Exxon's discovery is important for Vietnam, which is trying to boost its oil and ...
See all stories on this topic »
-New GE Brazil Center Provides Localized Service for Growing Power Generation ...
Power Engineering Magazine
Release date- 21102011 - HOUSTON, TEXAS and RIO DE JANEIRO, BRAZIL - GE (NYSE: GE) today celebrated the opening of its new, US$ 10 million facility in Petropolis, dedicated to providing localized service for the aeroderivative and oil and gas sectors ...
See all stories on this topic »
BP Profit Drops Less Than Expected, Dudley Boosts Disposals
BusinessWeek
Oil and gas production fell 12 percent from a year earlier to 3.3 million barrels of oil equivalent a day. Chief Executive Officer Bob Dudley plans to increase the company's cash flow by 50 percent by 2014 by focusing on the most profitable production ...
See all stories on this topic »
CNOOC boasts of high shale production
China Daily
"We see other small Chinese companies coming to the US for partnerships and supply agreements in unconventional oil and gas fields," said Christine Ehlig-Economides, professor of the Petroleum Engineering Department at Texas A&M University. ...
See all stories on this topic »

China Daily
Lizard controversy: Feds say jobs Obama admin's top concern
My West Texas
Fish and Wildlife Service officials in Midland on Monday denied that the oil and gas industry -- or Texas, in general -- is a target for regulators and said the top concern of the Obama administration is jobs. Fish and Wildlife Service Director Dan ...
See all stories on this topic »
Energy Experts Say DOE Oil & Gas Forecasts Are Dangerously Misleading
PR Newswire (press release)
Tad Patzek, professor and chair of the Department of Petroleum and Geosystems Engineering at the University of Texas, and a signatory of the letter to Chu, says that EIA is a valuable source of information on past oil and gas production; ...
See all stories on this topic »
NYSE Volume Active Stocks are – HLX, CCJ, WLT, COG, UWM
Retirement Planning
Helix Energy Solutions Group, Inc. (Helix) is an international offshore energy company that provides reservoir development solutions and other contracting services to the energy market, as well as to its own oil and gas properties. ...
See all stories on this topic »
Honorary Consul General visits Sierra Leonean Community in Dallas Fort Worth ...
Sierra Express Media
He is a trained and qualified as a geologist with over 30 years experience working in the Oil and Gas Industry. He has worked in different countries around the world in Europe, Africa, South America and North America. He has also served in the United ...
See all stories on this topic »

Sierra Express Media
Gas development amendment approved in Dallas Township
Citizens Voice
The township supervisors' unanimous vote Monday in favor of a zoning ordinance amendment dealing with oil and gas development got a mixed reaction, mainly negative. There was, however, a scattering of applause after the three-member board passed the ...
See all stories on this topic »

Citizens Voice
Rick Perry Makes a Good Plan Sound Bad
Reason Online
The world market sets energy prices, especially the prices of oil and gas. Energy won't cost any less because it is made in America. Yes, America should tap its energy resources if it can do so competitively. If it can't, it should buy energy from ...
See all stories on this topic »
Stocks in a New Uptrend (Aroon) - WTI, WTR, WXS, XLV, XOP
Retirement Planning
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of an index derived from the oil and gas exploration and production segment of ...
See all stories on this topic »
Behind-the-scenes action within the food and energy CPI sub-categories
Reed Construction Data
In particular, the US is increasing its sources of fossil fuels by opening up previously inaccessible shale gas and oil deposits. The primary fields are in Pennsylvania, Colorado, North Dakota and Texas. Canada has its own major new sites in ...
See all stories on this topic »
Eagle Oil Announces Commencement of Oil Field Work
Sacramento Bee
Eagle Oil (EGOH) (www.eagleoilholdingco.com) is an independent energy company in the active East Texas oil and gas region. The Company owns a 73% working interest in 173 wells on its 927 acres located in the Historic Woodbine Oil Field. ...
See all stories on this topic »
Oil Prices Rally on Falling US Supplies
TheStreet.com
We are already seeing diminishing oil inventory in Cushing," said Natixis oil and gas analyst Abhishek Deshpande. BGC Financial director Roger Volz says if WTI prices are able to settle at $94.90 Tuesday, there could be further upside to price levels. ...
See all stories on this topic »

TheStreet.com
10-Q: RED MOUNTAIN RESOURCES, INC.
Middle East North Africa Financial Network
We are an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas, primarily in New Mexico and Texas. The Company is presently active in the Permian Basin, which is one of the most attractive basins ...
See all stories on this topic »
Industry hopes environmental studies and transparency will reduce shale fears
CanadianBusiness.com
By Ross Marowits, The Canadian Press | October 24, 2011 MONTREAL - The Canadian oil and gas industry hopes new environment studies and its efforts to be more transparent will relieve public angst about shale gas development, executives attending a ...
See all stories on this topic »
Non-Profits Relying On Donations 10/24/11
KOSA
West Texas- As west Texans are benefiting from the booming oil and gas industry and thriving economy, local non-profits on the other hand are still dealing with massive budget cuts. Community leaders say now is the time to step up to the plate and give ...
See all stories on this topic »
Who's Coming and Going in Governance [Compliance Week]
Insurance News Net (press release)
QR Energy , an upstream oil and gas company based in Houston, Texas , has announced the departure of its chief accounting offi cer, and the election of a new board member. On June 29 , Howard Selzer announced that he is resigning his post as chief ...
See all stories on this topic »
Editorial: Texas handled school budget woes better last time
Houston Chronicle
Lawmakers of both parties reasoned that the best way they could lift the state out of its dependence on the vagaries of oil and gas and build a diverse business climate was to support education: So they did. They put through the largest tax increase in ...
See all stories on this topic »
Haskell J. Ritter
Times Record News
He moved to Kamay, Texas, in 1937 and went to work for K & D Machine Shop. In 1939, he went to work for GE Kadane and Sons in Wichita Falls, Texas. He was a member of the North Texas Oil and Gas Association and worked for Kadane over twenty-five years. ...
See all stories on this topic »
Perry on Power: 'No energy subsidies' or 'No, energy subsidies"
Austin Chronicle (blog)
Environment Texas director Luke Metzger said, "One of the key takeaways from that is that 99.6% of the subsidies go towards towards oil and gas." So what did Perry and his Republican-dominated legislature do about that? According to the Railroad ...
See all stories on this topic »

Austin Chronicle (blog)
Oil prices rally on US earnings, eurozone hopes
AFP
Ratings firm Standard & Poor's gave the energy bulls a boost as well in a report on oil and gas industry credit. "We believe that a weak but gradually improving economy will support strong oil prices plus marginally higher prices for natural gas," S&P ...
See all stories on this topic »

AFP
PM, SWY, BBT, PEP, SU - Stocks to watch at NYSE
Retirement Planning
It explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally, and it transports and refines crude oil and market petroleum and petrochemical products primarily in Canada. It is focused on developing ...
See all stories on this topic »
Water use rising faster than world population
Reuters
A man walks along Lake Travis after water receded during a drought in Austin, Texas September 10, 2011. By Deborah Zabarenko, Environment Correspondent WASHINGTON (Reuters) - Like oil in the 20th century, water could well be the essential commodity on ...
See all stories on this topic »
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Natural gas and oil drilling booms in West and South Texas, even as it wanes ...
The Republic
AP FORT WORTH, Texas — Drilling is at a seven-year low in the North Texas natural gas fields. But even as drilling pace slackens in the Barnett Shale, it's booming in other oil and gas fields of Texas such as the Permian Basin of West Texas and the ...
See all stories on this topic »
MARKET WATCH: Oil prices boosted by faith EU will solve its financial crisis
Oil & Gas Journal
Natural gas traded flat. North Sea Brent was harder hit than West Texas Intermediate, giving back all of its gains to close marginally lower. Market sentiment appeared to favor a further increase in crude prices in early trading Oct. 24, ...
See all stories on this topic »
South Dakota oil boom?
Black Hills Pioneer
One hundred and eighty six of the 189 lots were scooped up by Bedrock Oil and Gas of Boerne, Texas. Could this mean the state is on the edge of a North Dakota-like oil boom? At this point the most responsible answer is “maybe.” Bedrock Oil and Gas have ...
See all stories on this topic »
Scott Carey on Baker Donelson's Houston expansion
Bizjournals.com (blog)
For his part, Carey hopes to pick the brains of energy lawyers who are accustomed to helping along deals in Texas' vibrant oil and gas industry. Carey, head of Baker's solar initiative, believes there can be synergy between oil and solar. ...
See all stories on this topic »
CITATION OIL & GAS CORPORATION v. U.S. DEPARTMENT OF THE INTERIOR
Leagle.com
This suit involves a dispute regarding the royalties owed by Plaintiff-Appellant Citation Oil & Gas Corporation under its oil and gas leases of federal land in North Dakota. The Minerals Management Service, a subagency of Defendant-Appellee the United ...
See all stories on this topic »
Heckmann Corporation Receives NGV Achievement Award
MarketWatch (press release)
WS -35.00% is a services-based company focused on total water solutions for shale or "unconventional" oil and gas exploration. The Company's water solutions for energy development segment is called Heckman Water Resources, or HWR, and includes water ...
See all stories on this topic »
Plains All American seeks SemGroup for $1 bln
MarketWatch
Based in Tulsa, Okla., SemGroup operates 2400 miles of crude oil, natural gas, refined fuels and natural gas liquids pipelines stretching from Canada to South Texas and Mexico. It also controls oil storage terminals totaling 18.4 million barrels a day. ...
See all stories on this topic »
Junex raises resources on its Galt property in Quebec to 260 million barrels
CanadianBusiness.com
By The Canadian Press | October 24, 2011 MONTREAL - The Canadian oil and gas industry hopes efforts to be more transparent and new environmental studies on shale gas development will relieve public angst about the industry, executives attending a ...
See all stories on this topic »
Guest columnist: Solar Subsidies vs. Shipyard Jobs
New York Post (blog)
A recent Woods-Mackenzie study indicates that 1.4 million new jobs would be created by a federal policy shift toward oil and gas development. Projects like the Keystone XL Pipeline connecting Canadian oil sands to Texas refineries would employ as many ...
See all stories on this topic »
Rating Agency sees stable outlook for US oil industry
AXcess News
"We believe that a weak but gradually improving economy will support strong oil prices plus marginally higher prices for natural gas," said Standard & Poor's credit analyst Thomas Watters. Our 2012 baseline forecast for West Texas Intermediate (WTI) ...
See all stories on this topic »
Swift Energy sells non-strategic assets for $53.5m
Energy Business Review
US-based Swift Energy has completed the sale of its interests in six fields in South Louisiana, two in Texas and one in Alabama to oil and gas firm EnergyQuest II for $53.5m. Production attributable to the assets sold averaged about 10.6 million cubic ...
See all stories on this topic »
Eagleford Shale - Sugarkane Field operations and production update
Canada NewsWire (press release)
PERTH, Western Australia, Oct. 23, 2011 /CNW/ - Aurora Oil & Gas Limited ("Aurora") is pleased to provide the following update on operations and production within the Sugarkane Gas & Condensate Field, Texas. Aurora participates in 4 separate Areas of ...
See all stories on this topic »
Big Oil Poised to Scale Lower Height
Wall Street Journal
Chevron's profit is expected to see a bigger leap because the bulk of its production consists of oil and internationally traded liquefied natural gas, which sell at more profitable levels than cheaper natural gas extracted and sold in the US In total, ...
See all stories on this topic »

Wall Street Journal
Senators to push Pickens-style incentives for natural gas buses and trucks ...
FuelFix (blog)
D., part of a 14-member bipartisan group working on the plan, said the idea if implemented would help reduce the amount of oil the United States imports. Conrad said he finds “a lot of merit” in some of the ideas of T. Boone Pickens, a Texas oilman and ...
See all stories on this topic »
Baker Hughes: Rig count slips for oil and gas last week
Gas Business Briefing
The number of active rigs slipped last week for both oil and gas-directed equipment, Baker Hughes Inc reported. The oil rig count lost a single rig, bringing its weekly tally to 1079 at October 21, still higher than the year-ago tally of 695. ...
See all stories on this topic »
Ramsay honored as this year's Looey
The Daily Advertiser
From working as a roughneck and well logger, Ramsay eventually went on to become president of Alco Oil and Gas, founder of Ramco Exploration Inc. and founder of Aries Marine Corp., which has built some of the largest lift boats in the Gulf of Mexico. ...
See all stories on this topic »
Harper Sees Keystone Pipeline Prevailing With Jobs Over Nebraska
BusinessWeek
Nebraska and the other states along the Keystone XL route allow the use of condemnation, or so-called eminent domain, that permits companies like TransCanada to seize land for oil and gas pipelines. Some residents are likely to contest whether ...
See all stories on this topic »
Cook Inlet driller fined $15M for Jones Act violation
Alaska Dispatch
According to Petroleum News (via the Anchorage Daily News), US Customs and Border Protection has levied a $15-million fine against Escopeta Oil Inc. for violating the Jones Act in shipping a jack-up rig to Cook Inlet from Texas with a foreign-flagged ...
See all stories on this topic »
Exposition's longtime manager retiring this year
The Daily Advertiser
Ware has seen lots of changes in LAGCOE, the oil and gas industry and the world in her 32 years with the oil expo. “When I started it was just a small regional show,” she said. “It has grown into one of the largest oil and gas shows in the US I think ...
See all stories on this topic »
Horizontal Drilling Plans for the Mississippian: (OTCBB: OEDV), (NasdaqGM: RAM ...
InvestorIdeas.com (press release)
Sandridge recently sold $231 Million in assets in its East Texas natural gas properties to focus on its core plays including the Mississippian. This asset sale is part of the capital plan to execute our 3 Year Strategy of tripling EBITDA, doubling oil ...
See all stories on this topic »
Air Products Sees Results Soar in Fiscal Fourth-Quarter, Full-Year 2011 as ...
MarketWatch (press release)
... Texas, to the company's planned Westlake Compressor Station in New Orleans, Louisiana. For more information, visit Industrial Info's North American Chemical Processing Project Database and North American Oil & Gas Transmission Project Database. ...
See all stories on this topic »
PERMIAN BASIN PROJECT OIL & GAS DISCOVERY UPDATE
Finance News Network
Golden Gate Petroleum Ltd (ASX: GGP) is pleased to update the market on our oil and gas discovery at the SRH-C # 6H well located in Reagan County, Texas. The SRH-C # 6H well has been successfully completed. Total recoverable oil estimated from log ...
See all stories on this topic »
Rep. Tipton collected $10600 from affiliates of SG Interests
Glenwood Springs Post Independent
Tipton, a Republican from Cortez, organized a meeting Friday between SG Interests, a Houston-based oil and gas company, and the Thompson Divide Coalition, a broad-based citizens' group from Carbondale. SG Interests wants to drill in the Thompson Divide ...
See all stories on this topic »
Sprott Fund Buying Energy With Commodity Stocks Near Recession Valuations
Bloomberg
Suncor Energy Inc. (SU), the country's biggest oil and gas producer, slumped 29 percent last quarter. Trican Well Service, an oilfield- services company that Sprott's firm is buying, lost 34 percent last quarter. It has rebounded 17 percent this month ...
See all stories on this topic »
It Makes Dollars & “Sense” To Capture Air Emissions
Environmental Defense Fund (blog)
By Susanne Brooks | Bio | Published: October 24, 2011 Oil and gas exploration and production is rapidly expanding across the US due to technological developments that have made extraction of previously untapped unconventional resources such as shale ...
See all stories on this topic »

Environmental Defense Fund (blog)
Anadarko Petroleum Addresses The Woodlands Area Economic Development ...
The Paper Magazine
Anadarko's mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the world's health and welfare. For the past five years, the EDP has held their ...
See all stories on this topic »

The Paper Magazine
The killing fields
CBS News
CAR trouble, runs out of gas, engine sounds funny, oil light comes on, rattle noise, or having to take a p1ss, or to take a break from driving, or look at some pretty scene, I can think of 1001 reasons why. by winston2015 October 23, 2011 10:47 AM EDT ...
See all stories on this topic »

CBS News
Zacks Bull and Bear of the Day Highlights: Texas Capital Bancshares, Grupo ...
PR Newswire (press release)
Moreover, we believe the company will benefit in the next several quarters from the continued shift in drilling activity to liquids from gas and the restructuring of its US land operations. Importantly, integration with Smith is acting as a positive ...
See all stories on this topic »
Mission Achieves the World's First Jatropha ISCC Certification
MarketWatch (press release)
Mission's 194000 acres of planted Jatropha have a 30-year supply of some 22 million barrels Jatropha oil, which is cost competitive with crude oil at approximately US$52 per barrel. Dr. Norbert Scmitz, Managing Director of ISCC Systems said, ...
See all stories on this topic »
Roswell Village Council meeting
New Philadelphia Times Reporter
By Cindy Davis KEY ACTION David Hastings, a representative of Sierra Buckeye Drilling, told council that he writes gas and oil leases in Tuscarawas County for the Texas company. The village owns nearly five acres. Hastings told officials that $2700 ...
See all stories on this topic »
DRESSER-RAND GROUP INC. : Dresser-Rand Teams Up With King Fahd University ...
4-traders (press release)
Dresser-Rand Group Inc. : Dresser-Rand Teams Up With King Fahd University Faculty and Students for Noise Reduction Research Houston, Texas, October 24, 2011 - Dresser-Rand, a supplier of rotating equipment solutions to the worldwide oil, gas, ...
See all stories on this topic »
Hall of Fame Inductees Contribute to Industries and Academia
University of Texas at Austin News
He also serves as co-chairman and CEO of McMoRan Exploration Co., which develops oil and natural gas reserves in the Gulf Coast area. Before earning a master's in geology from Tulane, Moffett graduated from The University of Texas at Austin in 1961 ...
See all stories on this topic »

University of Texas at Austin News
Schlumberger to Drill for Pemex
Zacks.com
Houston, Texas-based Schlumberger Limited (SLB - Analyst Report)'s local branch secured the right to drill a mature oil field offered by Mexico's state oil monopoly Petroleos Mexicanos (Pemex) after the original winner – Mexican concern Administradora ...
See all stories on this topic »
Humble ISD receives grant to purchase buses fueled by propane
Your Houston News
The district was recognized for its efforts and hard work to incorporate the use of buses running on propane and natural gas with a check for $2925184.30 in grant funding by the Texas Railroad Commission Oct. 19. “We wanted to publicly acknowledge ...
See all stories on this topic »
Lakeside Steel Announces Funding of $7.5 Million Credit Facility
DigitalJournal.com (press release)
Lakeside is a diversified steel pipe and tubing manufacturer with a focus on manufacturing and upgrading Oil Country Tubular Goods. Lakeside's list of customers includes large oil and gas end users as well as distributors across North America. ...
See all stories on this topic »
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Job growth from Eagle Ford Shale is already outpacing prior projections
San Antonio Business Journal
As the Eagle Ford Shale continues to boom, economists and business leaders are ratcheting up their predictions about Bexar County's resulting job growth — and revising a frequently referenced University of Texas at San Antonio study. ...
See all stories on this topic »
Cibolo recognized for landing a big Eagle Ford Shale player
San Antonio Business Journal
The city has received a Community Economic Development Award from the Texas Economic Development Council. The annual award recognizes Texas communities for their economic development efforts. Cibolo was recognized for landing oilfield services firm ...
See all stories on this topic »
5 Oil Drillers To Buy Now
Seeking Alpha
SGY also holds interests in the Marcellus Shale Play, the Hatch Point Field/Cane Creek formation in the Rocky Mountain Region, and the Eagle Ford shale area. Officials expect these areas to be drilled in throughout the remainder of the year. ...
See all stories on this topic »
Report: Eagle Ford Fracking Will Take Less Water Than Other Uses
NGI's Shale Daily (subscription)
Natural gas wells in the booming Eagle Ford Shale in South Texas will use significantly less amounts of water for hydraulic fracturing (fracking) compared to municipalities and farmers in the region, a water expert said. Darrell Brownlow -- a principal ...
See all stories on this topic »
Geologist: Fracking Not To Blame For Quake
KSAT San Antonio
"That depth most likely puts the focus of that earthquake well below the depths where the Eagle Ford Shale is," said Dutton. The Eagle Ford Fault is the area south of San Antonio where extensive oil exploration has been underway for over a year. ...
See all stories on this topic »
Quake reality check: South Texas tremor one of 10800 like it worldwide this year
Corpus Christi Caller Times
The quake was centered amid one of the most intense pockets of Eagle Ford Shale drilling activity. After a series of small quakes began rattling Cleburne and the Dallas-Ft. Worth International Airport area in 2009, researchers with the University of ...
See all stories on this topic »
A Global Bidding War for Oil
Moneyshow.com
That has included buying into joint ventures in unconventional resources in the US Marcellus natural gas shale and Eagle Ford gas and liquids plays. And most recently, it includes the purchase of Brigham Exploration, a leaseholder on 375000 acres of ...
See all stories on this topic »
Fitch Rates Laredo Community College District, Texas' Tax Notes 'AA-'; Outlook ...
MarketWatch (press release)
Further economic growth over the long term appears promising given the recent activity surrounding the oil/natural gas discovery in the Eagle-Ford Shale formation. Tax Base Growth Has Flattened: Growth of this sizeable $11 billion tax base has stalled ...
See all stories on this topic »
Consol Expects 'Sweet Spots' in Utica
NGI's Shale Daily (subscription)
CEO Aubrey McClendon to call it "analogous, but economically superior" to the Eagle Ford Shale of South Texas (see Shale Daily, Aug. 1). Goings said that is "a bit of a misnomer" because he believes most of the drilling and production will actually ...
See all stories on this topic »
Gary Bryant: Opportunities in Shale Drilling
InvestorIdeas.com (press release)
Now Magnum Hunter has interesting plays in the three big shale formations: the Eagle Ford, the Marcellus and the Bakken. Of course, there are a lot of other shale players too, like GMX Resources Inc. (GMXR:NYSE) on the border of Texas and Louisiana. ...
See all stories on this topic »
Biofuels False Promise: Breakthroughs May be Tougher Than Previously Thought
OilPrice.com
This time the oil will come from "unconventional" sources like the Bakken or Eagle Ford shales. But that's a topic for another post. Dave Cohen writes the blog Decline Of The Empire. His commentaries cover a wide variety of subjects, including the ...
See all stories on this topic »
Union Pacific's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Most of that growth came from crude oil originating primarily in the Bakken and Eagle Ford Shale regions, although we also saw a solid growth in asphalt shipments. Elsewhere, the solid performance that we've seen across the major Chemical segments ...
See all stories on this topic »
Venoco's Management Drama Overshadows Monterey Shale Opportunity
Seeking Alpha
Ask average investors about oil and gas shale, and they'll mention stocks tied to Marcellus, Bakken and Eagle Ford. In 2012, however, investors may be talking more about the Monterey Shale in California. But the conversation may center more on Venoco ...
See all stories on this topic »
EPA to develop rules on handling wastewater from fracking jobs
San Antonio Express
The EPA's planned regulation would apply to natural gas extraction from underground shale formations, such as the Eagle Ford shale in South Texas, and coalbeds. Energy producers are unlocking natural gas from dense shale formations nationwide by ...
See all stories on this topic »
Global Hunter Securities Starts Heckmann Corporation (HEK) at Accumulate ...
StreetInsider.com (subscription)
The company has a growing presence in the Haynesville, Eagle Ford, Barnett and Marcellus Shale in which it provides a full suite of water-related services, ranging from fresh water delivery either via its truck fleet or pipeline and through treatment ...
See all stories on this topic »
Williston Oil Basin: New Hotbed for Energy M&A?
Investment U
Statoil has exposure to Talisman Energy (NYSE: TLM) in the Eagle Ford and Chesapeake Energy (NYSE: CHK) in the Marcellus, which means that Statoil is invested in all three of the large US shale plays. “Marcellus is primarily dry gas, Eagle Ford is a ...
See all stories on this topic »
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Barnett Shale
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

EPA to set standards for regulation of wastewater from natural gas drilling
Fort Worth Star Telegram (blog)
The EPA's planned regulation would apply to natural gas extraction from underground shale formations such as the Barnett Shale in North Texas, which is among the top gas-producing areas in the nation. This is only a preview. ...
See all stories on this topic »
Energy Transfer-XTO Service Deal
Daily Markets
Per the deal, Energy Transfer will build a 117-mile Red River Gathering Pipeline originating from the Woodford Shale, Oklahoma and extending to the existing gathering and processing infrastructure in the Barnett Shale. The pipeline, which has an ...
See all stories on this topic »
Energy Transfer to build $360 million pipeline, treatment plant for XTO
Dallas Morning News (subscription) (blog)
ETP said Thursday in a press release it will build a 117-mile gathering line from Oklahoma's Woodford Shale to ETP's gathering and processing infrastructre in the North Texas Barnett Shale. ETP will also build a new cryogenic processing plant at its ...
See all stories on this topic »
Council approves new ordinance
Community Impact Newspaper
By Rachel Slade Wednesday, 19 October 2011 SOUTHLAKE — Companies hoping to profit from natural gas reserves in the Barnett Shale beneath Southlake will face tougher regulations in the future after the the city approved a new ordinance this week. ...
See all stories on this topic »
Quicksilver Eyes Barnett for Cash Breadbasket
NGI's Shale Daily (subscription)
Quicksilver Resources Inc. is hoping to turn some of its Barnett Shale assets into a cash breadbasket through the creation of a master limited partnership (MLP). Proceeds would be used to pay down Quicksilver debt. The liquidity-hungry company said it ...
See all stories on this topic »
Quicksilver Resources Inc. - Special Call
Seeking Alpha
Yesterday, the company issued a press release announcing our plan to form a master limited partnership with a portion of the company's Barnett Shale assets. This call is to discuss strategy matters related to Quicksilver. In terms of why now, ...
See all stories on this topic »
Encana Management Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
We have a number of additional sales processes in various stages of negotiation, which include the Cutbank Ridge midstream assets in Alberta and British Columbia, our North Texas property in the Barnett shale and a portion of our Jean Marie assets in ...
See all stories on this topic »
Encana Corp's onshore production grows 6%
Gas Business Briefing
The company also reports it's continuing to look at selling midstream assets to free up capital for upstream projects, including its North Texas Barnett Shale assets and its Cutbank Ridge assets.
See all stories on this topic »
Wary of drilling effects
Butler Eagle (subscription)
As luck or fate would have it, the town sits on top of the large Barnett Shale formation, a geologic feature about as big as the Marcellus feature and covering most of Oklahoma and northern Texas. Commercial drilling in the Barnett feature began in ...
See all stories on this topic »
Fracking's Future Attacked
FrontPage Magazine
Besides multiplying our domestic energy supplies, shale development has “irrefutable economic benefits.” Fracking in the Marcellus and Barnett (Texas) shale has boosted local incomes—with royalty payments to property owners, furnishing tax revenues to ...
See all stories on this topic »
While Faraway Lenders Grapple with Fracking, a Word From Local Appraiser in ...
Dallas Observer (blog)
Unfair Park called up Steve Nichols -- a former Frisco city councilman, vice chair of the Texas State Libertarian Party and an appraiser who has gauged home values across North Texas in the midst of the Barnett Boom -- to get his two cents. ...
See all stories on this topic »
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Austin Chalk
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
EnerVest Offering WI In 250450 Austin Chalk Acres
Oil and Gas Investor
EnerVest Ltd. has retained BNP Paribas Securities Corp. to sell the entirety of its Austin chalk position in Jasper, Newton and Sabine counties, Texas. ...
Newfield Exploration's CEO Discusses Q3 2011 Results - Earnings ...
Seeking Alpha
We're also testing additional perspective horizons, including the Austin Chalk, Georgetown, Glen Rose, Pearsall Shale and others. ...
Lucas Energy signs deal to sell assets in New Mexico
Energy Business Review
... said the company plans to use net proceeds of $3.6m from this sale to further develop its Texas properties, especially in the Austin Chalk formation.
Lucas Energy completes NM asset sale to Nordic
Gas Business Briefing
"We plan to use the net proceeds of $3.6m to further develop our Texas properties, especially in the Austin Chalk formation."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Misc. Texas Oil and Gas
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Chancellor's $2050000 Property Sale
MarketWatch (press release)
Following consummation of the transaction, Gryphon will retain two producing leases in Gray County, Texas and continue as an oil and gas operator under a license from the Texas Railroad Commission. Maxwell Grant, Chairman and Chief Executive Officer of ...
See all stories on this topic »
Golden Gate Petroleum discovers significant oil and gas in the Permian Basin
Proactive Investors Australia
Golden Gate Petroleum (ASX: GGP) has emerged from a trading halt following the announcement that the company has made a substantial oil and gas discovery at the Permian Basin Project in Reagan County, Texas. The Permian Basin project represents the ...
See all stories on this topic »

Proactive Investors Australia
Banking on Shale Gas to Preserve Wetlands
BusinessWeek
“Luckily, in Texas we have the luxury of oil and gas.” Federal environmental regulations require companies that destroy wetlands to create similarly sized wetland in the same watershed. While some choose to do the work themselves, many turn to a ...
See all stories on this topic »

BusinessWeek
Digital Map Products Contributing Cloud GIS Perspective to GITA's Oil & Gas ...
MarketWatch (press release)
... 20th Annual GIS for Oil & Gas Pipeline conference in Houston, Texas. This industry-leading conference, which brings together geospatial professionals from leading oil and gas pipeline industry organizations, will take place October 24th - 26th. ...
See all stories on this topic »
New UT Poll Shows Americans Want Clean Energy
Huffington Post
We can't afford to keep ourselves, our economy and our environment shackled to high oil and gas prices. The great majority of Americans know we can do better than that - and the UT poll shows they want a new direction on energy in America. ...
See all stories on this topic »
Saratoga Resources, Inc. Featured in Oil & Gas Financial Journal
MarketWatch (press release)
The mission of Oil & Gas Financial Journal is to provide petroleum industry managers, analysts and investors credible information about the most important financial developments of oil exploration, oil and gas investing, international and regional oil ...
See all stories on this topic »
Could an earthquake hit Austin? KVUE meteorologist Albert Ramon explains
KVUE
Although the act of drilling does not induce earthquakes, the extraction, or pumping of fluids at oil and gas fields can. Thursday's rare event had many people wondering if South-Central Texas could have an earthquake's epicenter in our area. ...
See all stories on this topic »
Texan allegedly used funds for dating service
Austin American-Statesman
The Associated Press SAN MARCOS, Texas — Investigators say a Central Texas man allegedly used money meant for oil and gas investments to pay for an online dating service, electronics and luxury jewelry. A Hays County grand jury has indicted Robbie ...
See all stories on this topic »
Aztec Announces Cooperative Waterflood
Your Industry News (press release)
HOUSTON, Oct. 20, 2011 /PRNewswire/ -- Aztec Oil & Gas, Inc. (Pink Sheets: AZGS) formally announced an agreement with Texas Secondary Oil Company ("TSOC") to install a cooperative waterflood in Medina County, Texas, involving hundreds of jointly and ...
See all stories on this topic »
Inhofe Comments on EPA Announcement Regarding Wastewater Discharge Regulation
Canada Free Press
“America's immense shale deposits are predominantly located in areas of the country where the states - not the federal government - primarily regulate oil and gas development. In such states as Pennsylvania, Arkansas, Oklahoma, Texas, Louisiana, ...
See all stories on this topic »
Gryphon to sell oil, gas properties to LCB Resources
Energy Business Review
Upon completion of the transaction, the company will retain two producing leases located in Gray County in the US state of Texas. Gryphon will also continue as an oil and gas operator under a license from the Texas Railroad Commission. ...
See all stories on this topic »
Geoforce's Lone Worker Safety Solution Wins LAGCOE Spotlight on New Technology ...
GISuser.com (press release)
LEWISVILLE, Texas--Geoforce Inc., a leading provider of asset management solutions for the oil and gas industry, announced today it has been selected by the Louisiana Gulf Coast Oil Exposition (LAGCOE) Technical Presentation Committee as a winner in ...
See all stories on this topic »
Texas Gas Prices Spike
Sports Radio ESPN 1420
Triple-A Texas spokesperson Sarah Schimmer says economic uncertainty overseas is impacting the crude oil market. The statewide average is up ten-cents this week to three-34 a gallon. Amarillo has the highest average this week up two-cents to three-40 a ...
See all stories on this topic »
PERMIAN BASIN PROJECT: Significant Oil & Gas Discovery
4-traders (press release)
Golden Gate Petroleum Ltd (ASX: GGP) is pleased to announce a significant oil and gas discovery at the SRH-C # 6H well located in Reagan County, Texas. The SRH-C # 6H well was drilled to a total depth of 9235 feet. Electric logs were run over the ...
See all stories on this topic »
Peak Production for U.S. Oil-Producing Regions
OilPrice.com
The new methods have enabled phenomenal increases in supplies of natural gas as well as significant new oil production in areas such as North Dakota and Texas. Wickstrom, et. al. (2011) speculated that application of hydraulic fracturing to the Utica ...
See all stories on this topic »
$600000 for Earth/Enviro Sciences
Lab Manager Laboratory News
Spalding is vice president of Pioneer, a large independent oil and gas exploration company based in Dallas, with operations in Texas, Colorado, Alaska and South Africa. “Pioneer really went to bat for us,” said David Moecher, associate professor and ...
See all stories on this topic »
Analysts Initiated Coverage for UNT, APC, BASI, FBHS, GPOR, ICLK
Beacon Equity Research
Gulfport Energy Corporation is an independent oil and gas exploration, development and production company with its principal properties located in the Louisiana Gulf Coast and in West Texas in the Permian Basin. interCLICK (OTCBB:ICLK) Needham has ...
See all stories on this topic »
Annual school surge boosts September employment
Houston Chronicle
Several key sectors of the local economy reported robust year-over-year job gains, including professional and business services, education and health services and oil and gas exploration and production. Sectors reporting year-over-year losses included ...
See all stories on this topic »
Precision Drilling profit up, sees booming demand
Reuters Africa
Demand is rising as the oil and natural gas companies that hire Precision's fleet to drill their wells move to target the unconventional oil and natural-gas liquids rich fields like the Eagle Ford in Texas and the prolific Bakken field that lies ...
See all stories on this topic »
Qaddafi's Death May Mean Cheaper U.S. Gasoline: Chart of the Day
Bloomberg
The gain approached the 31 percent advance in Brent crude, which trades on ICE Futures Europe, and dwarfed a 4.3 percent increase in West Texas Intermediate oil futures on the Nymex. “The Brent price is the closest thing we have to financial discovery ...
See all stories on this topic »
10-K: IMPERIAL PETROLEUM INC
Middle East North Africa Financial Network
Commodity prices for crude oil based on West Texas Intermediate ("WTI") prices quoted at approximately $97.02/Bbl for oil and $4.42 per Mmbtu for natural gas at July 31, 2011. Since that time crude oil and natural gas prices declined with crude oil ...
See all stories on this topic »
Fracking to get federal oversight
The Durango Herald
“We think this is a solid step in the right direction,” said Bruce Baizel, an attorney with the Oil and Gas Accountability Project in Durango. Hydraulic fracturing, a technique that uses millions of gallons of water alongside sand and chemical ...
See all stories on this topic »
Energy Spin Boom Ends With Quicksilver
TheStreet.com
It's a sign that not all spins of oil and gas exploration assets will be cheered by investors - even with a wave of excitement about how energy spins unlock hidden company value. Energy companies like Kinder Morgan(KMI), EL Paso(EP) and Williams (WMB) ...
See all stories on this topic »
Keystone seen as saviour for struggling Texas city
CBC.ca
Rural opposition There are other dissenting voices, right in the heart of Texas oil and gas country. Up the highway from Port Arthur, a few hundred kilometres east of Dallas, David Daniel has been spearheading a campaign against Keystone. ...
See all stories on this topic »

CBC.ca
Hach Announces A New Water Analysis Kit With Proven Methods
Oil and Gas Online
Offering on-site results in an easy-to-use, rugged, portable case, the Hydraulic Fracturing Water Analysis Kit covers key parameters critical to water analysis in oil and gas applications, including source water, fracturing fluid, flowback water, ...
See all stories on this topic »
Bartee Haile: “I'll drink all the oil in West Texas!”
San Marcos Mercury
“I'll drink all the oil in West Texas!” was a common wisecrack of the day that seemed to have a ring of truth. In fact, after Spindletop and similar strikes along the Gulf Coast around the turn of the century, the Texas oil boom simply petered out. ...
See all stories on this topic »
Shell buys Kitimat terminal site for proposed LNG facility
Vancouver Sun
Kitimat has emerged as the favoured West Coast location to access Asia's markets for oil and gas, and millions of dollars of investments are already flowing in. KM LNG is using the old Eurocan pulp mill site as a staging area for construction of its ...
See all stories on this topic »
Number of uninsured increasing across Big Country
ReporterNews.com
However, White said factors that may have led to Kent County's decreasing rate in 2009 may be the fact that most folks in the county are employed by the school district, the county and by an oil and gas firm — all of which likely provide health ...
See all stories on this topic »
Chrysler's Ram Power Wagon now comes all or no frills
USA Today
Gas mileage: Who cares? "When it comes to off-road capability, no other pickup truck compares to the Ram Power Wagon," said Fred Diaz, CEO of Ram Truck. "Expanding the Power Wagon's availability to ST and Laramie models is not only what our customers ...
See all stories on this topic »

USA Today
LYNCH: Finding economic security in shale
Washington Times
Gas and oil prices shoot upward practically every time a disruptive event elsewhere in the world (civil unrest, tropical storms, etc.) causes investors to fear that those imports may be curtailed. It's one of the reasons crude now stands at $84 per ...
See all stories on this topic »

Washington Times
Fuel prices are on the rise across Texas
Bizjournals.com
... over the past week to $3.34, according to the AAA Texas Weekend Gas Watch. Nationwide, drivers are paying $3.47 on average per gallon. Market analysts attribute the gasoline price increase to growth in crude oil demand on the commodities markets. ...
See all stories on this topic »
California becomes first state to adopt cap-and-trade program
Los Angeles Times
As I said both when we signed the legislation in 2006, and when we fought to protect it last year when Texas oil companies attempted to overturn it with Proposition 23, the most critical phase in the fight against climate change is diligently, ...
See all stories on this topic »
Schlumberger Announces Third-Quarter 2011 Results
MarketWatch (press release)
Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 110000 people representing over 140 nationalities ...
See all stories on this topic »
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

Post a Comment