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Thursday, December 29, 2011

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 12.29.2011

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 Eagle Ford Shale, Barnett Shale, Austin Chalk.. and other news.
Small Cap Eagle Ford Shale Players To Watch
The Eagle Ford Shale will see a large amount of development in 2012, ... Investopedia Markets: Explore the best one-stop source for financial news, quotes and ...

Land prices surge in US shale oilfields
Financial Times
So-called “tight oil” now accounts for 10 per cent of total US oil output, but the surge in production has caused rapid cost inflation that is forcing smaller explorers out of shale fields. The cost of land in the Eagle Ford shale play in Texas ...
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Top 10 Gas Companies: Production Growth in 2011
Resource Investing News
Cabot are active in the Haynesville shale and also have holdings in the Marcellus and Eagle Ford shales, as well as positions in Wyoming. The company is a pure play natural gas producer, and has proved shale and conventional reserves totalling 2.7 tcf. ...
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What the fuss Emergent Biosolutions, Carrizo Oil & Gas and Dunkin' Brands?
The company stated that the recent initiation of production from seven gross Eagle Ford Shale wells from the Pfluger and Irvin leases and the Speaker #1 in the Niobrara Formation propelled company's net overall daily oil production to around 6040 ...
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CNOOC Offloads Indonesian Stake
Recently, CNOOC acquired Canadian oil sands operator OPTI Canada Inc for a total consideration of $2.1 billion and took over 33.3% undivided interest in Chesapeake Energy Corporation's (CHK) Niobrara project in the Eagle Ford Shale play. ...
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Strike comes up dry in Texas
Upstream Online
Strike added it would focus on its financial resources in 2012 on the commercialisation of its unconventional investments, particularly in the Eagle Ford shale in the US and the Cooper basin in Australia.
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Upstream Online
Northstar Offshore Energy sales assets to Korean group for $201 million
FuelFix (blog)
Earlier this year, the company bought a stake in the Eagle Ford shale play from Houston-based Anadarko. “They have been very active,” Roberts said of the company. “They want access to energy. They are in a politically unstable environmental, ...
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FuelFix (blog)
Chesapeake Energy to sell Marcellus Shale midstream assets for $865 mln
Proactive Investors USA & Canada
"We look forward to continuing to build Chesapeake's midstream systems in the Haynesville, Eagle Ford, Greater Anadarko (including the Cleveland, Tonkawa and Mississippian), Niobrara and Utica plays, all of which will be available to CMP for future ...
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Texas considering air monitoring program in Eagle Ford
Gas Business Briefing
Texas environmental regulators are looking at the feasibility of installing air-monitoring equipment in the Eagle Ford Shale oil-and gas-producing region of South Texas, an official with the Texas Commission on Environmental Quality says. ...
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Oil giant's shell game nets elderly farmers
The near-blanket cancellation of the contracts raises the question of whether Chesapeake ever intended to pay if it failed to find oil or gas immediately, says Mark Gergen, a contract law professor at the University of California-Berkeley law school. ...
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Managed Petroleum Group Reports Deep Water Well Containing More than 300000 ...
PR Web (press release)
Managed Petroleum Group Inc. a privately held oil and natural gas development firm located in Richardson, Texas is pleased to announce its participation in a commercial offshore oil and gas well. The Price B # 1 well located in Plaquemine Parish, ...
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Texas' 2012 job forecast: A lot like 2011
Fort Worth Star Telegram
Maturing Barnett Shale production has meant more administrative and managerial jobs related to the oil and gas industry, Miles said. Teachers will be in demand, given Texas' population growth, she said. "It just makes sense when you consider how many ...
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Fort Worth Star Telegram
Tarrant County still king in gas output
Fort Worth Star Telegram (blog)
1 in natural gas production among Texas' 254 counties, according to the latest data released by the Texas Railroad Commssion, the chief regulator of the state's oil and gas industry. Tarrant's gas output was 62.2 billion cubic feet in October, ...
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Stay Away From ATP Oil And Gas
Seeking Alpha
Energy XXI (Bermuda) Limited (EXXI), together with its subsidiaries, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. ...
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FMC Technologies Looking Good
The growth in global energy demand will continue to boost drilling activity, with the employment of technology to find and recover oil/gas resources. As such, opportunities for a global large-cap oilfield services company like FMC Technologies will ...
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Chesapeake Energy to Sell $865 Million in Pipelines
Wall Street Journal
By RYAN DEZEMBER and JOAN E. SOLSMAN Chesapeake Energy Corp. said that it will sell $865 million worth of Pennsylvania pipelines to a spun-off subsidiary as part of the oil and gas explorer's broader push to trim debt and close a projected funding gap. ...
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Vanguard: An Energy Stock Leading the Way
Vanguard Natural Resources (NYSE:VNR) is a Houston-based limited liability corporation set up to develop and acquire oil and natural gas properties in the US It has wells in several basins throughout Texas, New Mexico, Kentucky, Tennessee and ...
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Capstone Sells Microturbines for Energy Production
San Fernando Valley Business Journal
By Mark Madler Wednesday, December 28, 2011 Capstone Turbine Corp. has increased the use of its microturbines in oil and natural gas production with sales in Texas and the eastern US The microturbines made by the Chatsworth company will be used in the ...
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Top Oil & Gas Stock Picks for 2012 (XOM, CVX, COP, RRC, TSO, PXD, APC, CHK ...
24/7 Wall St.
Other assets in Texas and elsewhere onshore in the US will drive revenue and profit at Oxy this year, and the stock's potential upside is not an impossible goal. Overall, among these oil & gas stocks, Chevron would be the pick among the supermajors, ...
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Mid Day(Dec. 28) S&P 500 Indices Updates: COG, EP, ISRG, MA, BIIB, OKE, ROST, HUM
Rapid News Network
It operates in the Energy sector and belongs to the Oil and Gas Operations industry. The company has a 52 week high of $90.00 and a 52 week low of $36.52. The average shares traded over the past 30 days is 1.81M, while the volume from the current ...
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RPSEA Releases 2011 RFPs for the Small Producer and Unconventional Resources ...
MarketWatch (press release)
This program, funded from lease bonuses and royalties paid by industry to produce oil and natural gas on federal lands, is specifically designed to maximize the value of natural gas and other petroleum resources of the United States, while enhancing ...
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Republican perspectives on energy and environment
In a tantalizing and original suggestion, Gingrich supports transitioning to cleaner energy technologies by financing green energy research with oil and gas royalties. Jon Huntsman, former governor of Utah and US ambassador to China, finds it ironic ...
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BP money buys sports towels, Christmas lights, jingles
BP gas card giveaways. A "most deserving mom" contest. And advertising, lots of advertising. By Romona Robbins, AP Money from BP helped pay for Christmas displays in Panama City Beach, Fla. By Romona Robbins, AP Money from BP helped pay for Christmas ...
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No holiday is complete without a mess of fracking news
Athens NEWS
Here's what the local man wrote: "I decided I needed some first-hand knowledge of the facts surrounding oil and gas production. Emotions are running high in our community, and it's hard to tell fact from fiction. So last week some friends and I ...
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Of Keystones and Cop-Outs
The Indypendent
The backers of the controversial Keystone XL tar sands oil pipeline, intended to carry tar sands crude oil from Canada to the Texas gulf coast, have attempted to sell the US public on the notion that the project is actually a keystone to conservation. ...
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The Indypendent
Mogul Energy International Drills at Werland Heirs Well #1 in Texas
Currently, GM and Partners, Global Oil and Gas Resources, Merek Contract Services, RDR Capital Investors, Aura Oil Holdings and Merek Contract Services are a part of the lease agreement. Mogul has earned 25% working interest in the third well and has ...
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Bad news, good news: Texas gas prices up 4 cents but 80 cents lower than ...
Your Houston News
As Texas families prepare for the New Year, the average price for a gallon of regular unleaded gasoline in Texas is four cents more than the average last week, according to the AAA Texas Weekend Gas Watch. The current statewide average is $3.09. ...
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Carrizo meets production estimates for 2011
Gas Business Briefing
The company expects to reach a net oil production rate of as much as 7000 BPD by the end of 2012 from the Eagle Ford alone, Gas Business Briefing learns. Carrizo also operates in the Barnett Shale in North Texas and the Marcellus Shale in Appalachia.
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Oil Prices Could Stay Above $100 a Barrel Through 2012
Wall St. Cheat Sheet
... economists say high gas prices will probably be sticking around in 2012. Financial analysts say prices for two important oil benchmarks — West Texas Intermediate and Brent crude — will average from $100 to $120 a barrel next year. ...
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Encana closes sale of more than US1 billion in divestitures
Oil & Gas Financial Journal
Encana Oil & Gas (USA) Inc., a subsidiary of Calgary-based Encana Corporation (TSX & NYSE: ECA), has closed the sale of the majority of its divestiture of North Texas natural gas producing properties and has received proceeds of approximately US$860 ...
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Seair posts revenue of $3.7M
Edmonton Journal
Edmonton-based Seair Inc., which sells its patented gas diffusion technology to the oil and gas industry and other businesses, said Wednesday its revenue jumped by seven per cent for 2011. Revenue for the year ending Aug. 31 was almost $3.7 million, ...
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Hydrofracking is already here
The Livingston County News
Holko: Josh Fox's movie is entertaining, but as somebody who has been drilling oil and gas wells for 30 years, I find parts of it so far-fetched as to be hard to believe. Still, I can see how it can scare people. In Pavilion, Wyoming the fresh water ...
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Petrolympic Announces Closing of Private Placement of Flow-Through Common Shares
MarketWatch (press release)
V) is a Canadian junior oil and gas company actively exploring for premium light crude oil and natural gas in North America. The Company is presently focused on its near-term oil production 8000+ acre asset in the prolific Maverick Basin of Texas, USA. ...
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A Clear Victory for Clean Air, Texas Schools (blog)
Rick Perry and his Texas Commission on Environmental Quality (TCEQ) that Texas kids and the environment come first, not special interest tax breaks for select oil and gas companies. At a time when state budgets everywhere, including Texas, ...
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Orca hunting sharks caught on tape in New Zealand
Milford Daily News
Iran Oil Standoff: Would Gas Jump to 5 Per Gallon? Bianna Golodryga on the possibility of a large jump in gas prices by spring. Iran Oil Standoff: Would Gas Jump to 5 Per Gallon? From Hurricane Irene to Joplin's tornado, the US in 2011 had 96 declared ...
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Dangers of fracking still becoming clear
Austin American-Statesman
Oil and natural gas then flow along these cracks to the surface. Energy companies use fracking to tap reserves previously out of reach. The boom in natural gas production boosts the nation's energy security and it means lower prices for consumers. ...
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Pipeline company takes landowners to court
Weatherford Democrat
Common carrier pipelines, such as those that carry gas, oil, salt brine and other liquids and minerals, generally have a statutory right of eminent domain in Texas, according to the Texas Railroad Commission. The pipeline route is determined by the ...
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Pipe distributor Harrington Industrial buys Texas rival
Plastics News
The firm sells into water treatment, wastewater, oil and gas and other markets and employs about 400. It's owned by Aliaxis Group, a Brussels-based maker and distributor of plastic fluid handling systems with annual sales of more than $2.5 billion.
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Louisiana Family's Long Legal Fight Over Texaco Drilling Lease Takes a Twist
New York Times
“My cousin just said, 'You don't seem to be behaving like good neighbors if you're taking away our property.' ” The Broussards, like most Cajun families, are no foes of the oil and gas industry. Some of them worked at the Texaco gas plant. ...
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New York Times
Jobs Still Scarce Despite Improving Numbers
KUT News
He says he's looking for work in stocking, assembly, and the oil and gas industry. November and December are slow months at Texas Workforce Solutions, because of holiday closures. But Williams says he won't be taking a break for the holidays. ...
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RAM Energy officially back on Nasdaq after month of deficiency
Tulsa World
RAM has oil and gas production wells and leases in Oklahoma, Texas and Louisiana. It is investing substantially in the Mississippi chat formations of nearby Osage County. Shares of RAM rose 12 cents, or 4.4 percent, to $2.82 on Wednesday. Aug. ...
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UWA endorses energy giant
The Australian
Professor Robson put his name to a Chevron image advertisement in its “We agree” series headlined “The world needs more than oil”. His co-signatory was Neil Theobald, Chevron Australia's General Manger for Gas Marketing and Commercialisation. ...
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Quicksilver Resources closes Horn River deal
Vancouver Sun
The new midstream entity will enable the Fort Worth, Texas-based oil and gas producer to cut processing and shipping costs to southern markets, providing economic development of its 10 trillion cubic feet of recoverable re-sources from the remote area, ...
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People in business
Memphis Commercial Appeal
J. Philip Smith has joined Rash Chapman Schreiber Leaverton & Morrison LLP, of Austin, Texas, as Of Counsel in its Oil, Gas, and Energy Law section. Based in Memphis, Smith's practice will involve primarily oil and gas title examinations on drill sites ...
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The year in review for rainforests
In September Peru's newly elected president, Ollanta Humala, signed into law a measure requiring that indigenous groups are consulted prior to any mining, logging, or oil and gas projects on their land. If properly enforced, the new legislation will ...
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Blogs 1 new result for texas oil and gas
FREE Case Review for an injured maritime, offshore worker | texas ...
By bruce
Texas Jones Act Lawyer. ... What exactly constitutes an offshore oil or gas rig? And what makes such a rig qualified ... However, the majority of offshore oil or gas rigs are floating and thus are eligible under the Jones Act. For the most part, rigs ...

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NEWS RELEASE: Texas Monthly Oil and Gas Statistics - December ...
Railroad Commission of Texas, RRC, TRC,a Texas regulatory agency, provides information about Texas Alternative Fuels, LP Gas, Natural Gas, Crude Oil, ...
processing treating planned for Delaware basin ... - Oil & Gas Journal
Nuevo Midstream LLC plans to increase processing and treating capacity at its Ramsey plant in the Delaware basin near Orla, Tex.
Eagle Ford Shale Oil & Gas Jobs for Veterans
With energy booming in Texas, the oil and gas industry is a great area to launch a civilian career. Visit both the Eagle Ford Shale Job Listings and Eagle Ford ...
Oil and Gas Assets in Texas: Private Company Information ...
Oil and Gas Assets in Texas company research & investing information. Find executives and the latest company news.
Shale oil and gas industry on defensive | News for Dallas, Texas ...
WASHINGTON: A resurgent green movement is launching a multi-pronged counter-attack against the shale oil and gas boom in the United States that could ...
Royalty Owners: Delay in Claiming Lost or Unpaid Oil and Gas ...
Texas Top Blogs » Texas Attorney Blog » Royalty Owners: Delay in Claiming Lost or Unpaid Oil and Gas Royalties Can Cost You! » Public Blog Aggregator of ...
Annals of Oil and Gas: Royalty Owners May Have to Check Public ...
Who said Big Oil can't beat Texas royalty owners? Not Blawgletter. And definitely not the Supreme Court of the Lone Star State. Royalty owners typically become ...

Chesapeake Energy to Sell a Pipeline Unit for $865 Million
Industry Leaders Magazine
Chesapeake Energy, the second-largest producer of natural gas in North Texas' Barnett Shale, has plans of selling off one of its pipeline units, Appalachia Midstream Services, LLC, to Chesapeake Midstream Partners LP. Chesapeake Midstream Partners LP ...
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Industry Leaders Magazine
Fracking: Is there really 100 years' worth of natural gas beneath the United ...
Slate Magazine
The Barnett Shale in Texas is the only shale formation, or "play," with a significant history. The first vertical well was drilled in 1982, but it wasn't until the advent of horizontal drilling in 2003 that production really took off. ...
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