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Words of Wisdom

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

Sunday, November 20, 2011

Texas Oil and Gas - News/Information - 11.20.2011

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Texas Oil and Gas  -  News and Information
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 Eagle Ford Shale, Barnett Shale, Austin Chalk.. and other news.
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Eagle Ford windfall carries pluses and minuses
Houston Chronicle
By JENNIFER HILLER and VICKI VAUGHAN, STAFF WRITERS Morning traffic like this, on Thursday in Yorktown, is taking its toll on roads across the counties in the Eagle Ford shale play. Heavy trucks are tearing up the roads and bridges, and keeping older ...
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Coastal Bend business news: 11.20.11
Corpus Christi Caller Times
Crow, his son, Dos, and former business associate Sergio Ibanez started Rafter C Services, a trucking company involved in Eagle Ford Shale drilling activity. Dos Crow will now run the company. Crow stepped down last week from his post as president of ...
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Cramer's Mad Money - 5 Earnings To Watch (11/18/11)
Seeking Alpha
EOG is the top producer in the Bakken and Eagle Ford shales. In fact, its assets in the Eagle Ford are worth the entire value of the company, which Cramer thinks should be valued at 42% above its current level. The company reported a solid quarter and ...
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People in Business
Houston Chronicle
Matt Arceneaux has been named technical sales representative at Environmental Drilling Solutions and will be responsible for managing existing client relations while advancing the company's expanding services in the Eagle Ford shale region. ...
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Case may put landowners on firmer footing in pipeline battles
Houston Chronicle
But Mann thinks the pipeline disputes will likely be less contentious in South Texas than they have been in the Barnett Shale play in North Texas. He said he has one client putting a pipeline through three South Texas counties, for instance, ...
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Oil report 11/20/2011
ReporterNews.com
1 on the Alex Fambro lease, 17 miles northwest of Stephenville, in the Fambro (Marble Falls), Newark East (Barnett Shale) and Wildcat fields. Total depth: 4100'. Location: 2453' FNL and 1318' FEL of the W. Graham survey. Abstract No. 288. Status No. ...
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An inside look at fracking a well
Denver Post
Still, as oil and gas development approaches more developed areas in Pennsylvania, New York, Texas and the Front Range, fracking has become controversial. Environmental and community groups raised concerns about its safety, the toxicity of ingredients ...
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Oil/Gas Companies Pay to Keep Courthouse Open Overtime
Wheeling News Register
On two different days of the week and a half day on Saturday, the recorder's office stays open to accommodate abstractors from the Permian Oil of Fort Worth, Texas serving as a broker for XTO, a subsidiary of Mobil Exxon. "We're open two evenings ...
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Mills: Energy policy limits job production, stifles economy
Times Record News
During the same period here in Texas better than half the new jobs created in the state can be traced directly and indirectly to the oil and gas industry. Exploration and production-related businesses account for 10 percent of our total economic ...
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Canada: Dismayed by US Reaction, Nation Turns to Asia for Oil, Gas Deal
The Ledger
Approving the Keystone XL oil pipeline to transport Canadian crude to refineries in Texas from Alberta's oilsands was a "no brainer," Prime Minister Stephen Harper said earlier. He even predicted it would be approved by the end of the year and ...
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Gas company whistle-blower details spills, errors
Scranton Times-Tribune
On a bright fall day in 2008, Scott Ely arrived at the natural gas well a few hundred feet from his home to find work strangely stilled. His fellow employees of Cabot Oil and Gas Corp.'s drilling subsidiary were watching the only thing moving: a huge ...
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Scranton Times-Tribune
Historical commission prepares marker for offshore oil derricks
Kilgore News Herald
Offshore drilling on the Sabine River began in the early 1930s when oil investors leased the riverbed from the state during the days of the East Texas Oil Boom. Towers of steel and concrete loomed over the shoreline for decades until time and rust ...
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KBR eyes Iraq business with Turkish firm
SteelGuru
Hürriyet Daily reported that KBR, a Texas based engineering and construction company, is seeking partnerships with Turkish firms to build refineries in oil and gas rich Iraq. Mr Roy Oelking group president said that the company, which has already ...
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Shell 'Ho-Ho' reversal moves forward
Houma Courier
Don Briggs, president of the Louisiana Oil and Gas Association said the decision is a sign the domestic energy industry is back on track. “The reason they want to do it is because we have more production coming on line, especially all the new ...
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Parabolic SAR Sell Signals - SJT, SKH, SMP, SNA, SPN
Retirement Planning
It focuses on serving the drilling-related needs of oil and gas companies through its drilling products and services segment, and the production-related needs of oil and gas companies through its subsea and well enhancement, drilling products and ...
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CPS lakes act as buffer in drought
San Antonio Express
Kent Zammit, a senior program manager with EPRI, said the institute has looked at dry cooling, hybrid systems of wet and dry and the feasibility of using “degraded water” from oil and gas drilling. None is a panacea, he said. Dry cooling is expensive ...
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We have enough energy if we plan to use it wisely
Muncie Star Press
The good news is technology has been developed in recent years, referred to as "fracking," that can, at a profit, extract the oil and gas from the shale formations. This extraction is in its infancy, but it has proven it can turn into one of the ...
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Nerves still on edge over Europe
Nashua Telegraph
The purchaser – Enbridge Inc. – plans to reverse the direction of the flow to send more oil to the world's largest refinery complex along the Gulf Coast. To the uninformed, that might seem to be a good thing, because it would reduce oil and gas prices. ...
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As It Stands: Federal study reveals 'fracking' safety concerns
Times-Standard
In a time when jobs are desperately needed, unlocking massive supplies of oil and clean-burning natural gas from dense deposits of shale is a financial boon. Fracking has been used in more than 1 million US wells and has produced more than 7 billion ...
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Keystone line delay shows feds have lost their marbles
Anchorage Daily News
None of that is good: This is an oil-fired nation. No, we should not abandon clean-energy research but nothing is going to change immediately. What do we do until new technology is developed? You can stuff only so many bugs into a gas tank. ...
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Moved Above Upper Price Channel - AWR, BTH, COY, EPD, EXP
Retirement Planning
Enterprise Products Partners LP (Enterprise) is a North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products and certain petrochemicals. ...
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Two sides of the state's drilling divide
Buffalo News
John Holko, who runs Lenape Resources, an oil and gas drilling company in Alexander, said he's heard from plenty of landowners like Robinson, anxious for the chance to squeeze some extra cash out of their property by striking a deal to put wells on ...
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Buffalo News
Don't trust the ODNR or Ohio's EPA to regulate the fracking industry
Mansfield News Journal
It's difficult to say what is exactly in the toxic fluids because each oil company has its own mixture and they've resisted government attempts to make this public. This fluid breaks or "fracks" rock formations, releasing oil and natural gas. ...
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Fake Subsidy and Fuel Subsidy (II)
THISDAY Live
There are about 78 litres of petrol in every barrel of crude oil (source: Texas Oil and Gas Association). Our four refineries have a combined capacity of 445000 barrels per day. If, therefore, they are working at 100 per cent capacity, the petrol yield ...
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Office of Fossil Energy: Who is Charles McConnell?
AllGov
A longtime energy industry executive, Charles D. McConnell was nominated in July by President Barack Obama to take over the Department of Energy's Office of Fossil Energy, which is the US government's lead office for coal, natural gas and oil ...
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AllGov
NYSE Hot Stocks to watch are - SVM, QEP, SYK, SEE, SFD
Retirement Planning
QEP Resources, Inc. (QEP), formerly Questar Market Resources, Inc., is an independent natural gas and oil exploration and production company. QEP is a holding company with three lines of business: gas and oil exploration and production, midstream field ...
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Stocks in a New Downtrend (Aroon) - GGT, GMXR, GOM, GOV, HNZ
Retirement Planning
GMX Resources Inc. (GMX) is a pure play independent oil and natural gas exploration and production company. The Company is focused on the development of Haynesville/Bossier Shale and Cotton Valley Sands in the Sabine Uplift of the Carthage, ...
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Smart Dividend Investors Should Consider These 5 Stocks
Seeking Alpha
The Exxon Mobil Corporation (XOM) is the largest integrated oil and gas company in the world. It is an incredible business, and it is run like a machine. After all, XOM represents a relic of the Rockefeller era. XOM pays a 2.4% dividend, ...
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Candidates emphasize cutting taxes, rules
DesMoinesRegister.com
Every candidate has called for expanded oil-and-gas drilling in Alaska, including the Arctic National Wildlife Refuge, as well as the Gulf of Mexico, the outer continental shelves and the western United States, and nearly all say reducing existing ...
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On Tim DeChristopher's Call to Kick Obama Out
PlanetSave.com
He has been beatified as a saint in the Church of Earthalujah by the Reverend Billy and convicted as a felon by the United States Government. Each of those honors were earned by disrupting a Utah BLM oil and gas auction in December 2008, ...
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Tax credit for wind industry on the table in Washington
Quad City Times
Grassley said the tax credit makes sense for the industry, feeding more development and more jobs. "Conventional energy sources, including oil and gas, enjoy countless tax incentives and many of them are permanent law," he said.
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Will you stop using plastic bags?
Pacific Daily News
If you look at the make-up of plastic bags, a cocktail of crude oil and natural gas, you might understand why its decomposition process takes so long. During the 450-year span, a plastic bag is broken down into smaller and smaller pieces by the sun and ...
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Volcanoes, Meteorite Impacts Doomed Dinosaurs
Fars News Agency
Keller worked with PK Bhowmick, H. Upadhyay, A. Dave, AN Reddy and BC Jaiprakash, scientists with India's government-operated Oil and Natural Gas Corporation, which owns the sediment cores. Also included is Thierry Adatte, a geologist with the ...
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