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"I done drew the line. Just like the Alamo. You're either on one side of the line or the other. I don't want to ever leave Texas again!"- Bum Phillips

Tuesday, December 27, 2011

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 12.27.2011

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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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RIGZONE - Initial Production Begins from 2 Crimson Eagle Ford Wells
RIGZONE News - leading source for the latest news and information for the oil and ... The Littlepage McBride #6H, also targeting the Eagle Ford Shale formation , ...
www.rigzone.com/news/article.asp?a_id=113555
Eagleford Shale-Sugarkane Operations and Production Monthly ...
From Yahoo! Finance: PERTH , Western Australia , Dec. 20, 2011 /CNW/ - Aurora Oil & Gas Limited ("Aurora") would like to advise that the Eagleford Shale ...
finance.yahoo.com/.../Eagleford-Shale-Sugarkane-cnw-21635...


Magnum Hunter Raises Production Targets On New Wells; Shares Jump
Wall Street Journal
... activity as companies clamor to develop low-cost natural gas obtained from shale. Magnum is presently active in three of the most active shale resource plays in North America--the Marcellus Shale, Eagle Ford Shale and Williston Basin/Bakken Shale.
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2 Energy Themes for 2012 and Beyond
Motley Fool
Another big-time transaction worth noting was Marathon Oil's (NYSE: MRO ) acquisition of 141000 net acres in the core of the Eagle Ford shale at $3.5 billion, which comes out to over $24000 per net acre. Even though natural gas prices are now depressed ...
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2012 Looks Promising for Energy Investors
msnbc.com
Other places drawing oil and services companies are the US shale plays of Bakken, Barnett, Eagle Ford, Woodford and Marcellus. Among them, Bakken has experienced the highest growth in the past five years. According to the US Geological Survey, ...
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Encana Sheds North Texas Assets
Daily Markets
Canada's largest natural gas producer Encana Corporation (NYSE:ECA) announced that its affiliate Encana Oil & Gas (USA) Inc has dispensed with most of its natural gas producing assets in North Texas. Encana received proceeds of $860 million from the ...
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Big money can be illusory during an oil & gas stampede
Athens NEWS
History, including that of Texas in the '20s, tells us that when money is all speculation and talk, somebody's going to get fleeced. That's why, if you're a property owner in Athens County, and signed a lease with an oil and gas company without ...
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CAVU Resources, Inc. Steamrolls Into 2012 With 100 Wells and Winning the Bid ...
MarketWatch (press release)
The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado, Montana and Texas. The Company has acquired leases and ...
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Where's the Money? Where's the Oil Well?
Courthouse News Service
... million for oil and gas investments, then hid the money through a "game of fund money hot potato," and used some of it to drill a well for one of their "drinking buddies." Fifteen named investors sued Layton Energy Texas, Platinum Energy Solutions, ...
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Propane fracking slowly gaining attention as Canadian company uses technique ...
Corpus Christi Caller Times
Jadela Oil Corp., a Canadian exploration and production company, fractured its El Indio No. 1 horizontal well in Maverick County near Eagle Pass with more than 5000 barrels of liquid propane and butane, a process known as gas fracking. ...
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EPA report: Pavillion water samples improperly tested
Casper Star-Tribune Online
The agency's key conclusion: Natural gas wells in the area, most developed using hydraulic fracturing, might have harmed groundwater. The report was quickly slammed by the oil and gas industry but trumpeted by environmental groups. ...
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Quicksilver Resources and KKR Announce the Closing of a Horn River Midstream ...
MarketWatch (press release)
Fort Worth, Texas-based Quicksilver Resources is a natural gas and crude oil exploration and production company engaged in the development and acquisition of long-lived reserves from unconventional reservoirs, including coalbed methane, shale gas, ...
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ConocoPhillips to sell stake in three North Sea oil fields to Endeavour for ...
domain-B
US oil giant ConocoPhillips is selling its interest in three producing UK oil fields in the Central North Sea to oil and gas exploration company Endeavour International Corp, for $330 million. The sale comes a month after the Houston-based company ...
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PERMIAN BASIN DRILLING REPORT: Dec. 25- Dec. 31 , 2011
Odessa American
Barrett Brothers Oil & Gas, Inc., Canon 28, Dawson, New Drill. >> Berry Oil Comp., Berry, Glasscock, New Drill; Gardendale 10, Ector, New Drill; Gardendale 4, Ector, New Drill; Rufus Tom, Martin, New Drill. >> Big Star Oil & Gas, LLC, Ray, Howard, ...
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Slow but steady growth
Alberta Daily Herald Tribune
By Graeme Bruce Herald-Tribune staff Grande Prairie's oil and gas industry saw slow, but steady growth in 2011, and 2012 will likely be a carbon copy. 2011 saw modest growth in the oilpatch in Alberta, which is in part because of capital money being ...
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Oil firm systems manager lists The Woodlands 4BD
Ultimate Woodlands
... a provider of oil and gas drilling and production technology, where he was previously a manufacturing manager, a plant manager and an engineering manager. He received a BS in mechanical engineering from Texas A&M University. ...
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Lafayette moving toward natural gas
The Republic
The Advocate reports (http://bit.ly/ut0p9U ) a second station is under construction by Apache Corporation, a Houston-based oil and gas company that has been at the forefront of promoting natural gas as a vehicle fuel. That fueling station is expected ...
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Oil producing states leading US away from recession?
Alaska Dispatch
Another review of the report, by the Edmonton Journal, acknowledges that shale oil and gas production across the Great Plains and Northeast have been pivotal in restoring lost jobs. "What's more," the Journal reports, "energy-producing regions are ...
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PERRYMAN: Growth forecast all around Lone Star State
Odessa American
Though the industry is cyclical, continued high prices will keep oil and gas exploration and production activity at relatively strong levels, enhancing growth in a number of regions. The Eagle Ford Shale in southern Texas is adding notably to an ...
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25 richest members of Congress
Washington Post (blog)
His fortune comes from owning an auto dealership and investments in the oil and gas industry. Nita M. Lowey (DN.Y.) was the 21st richest member of Congress in 2010, with an average net worth of $41210018. Lowey, who represents the heart of New York ...
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Crude Oil Report
UPI.com
West Texas Intermediate crude traded up 91 cents to $100.59 per barrel. Home heating oil added 1.36 cents to reach $2.9131 per gallon. Reformulated blendstock gasoline prices rose 0.4 cents to $2.6821 per gallon. Henry Hub natural gas prices gained 4.9 ...
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Rosneft to Ink Agreement on New JV With Exxon in February
Oil and Gas Industry Latest News
That agreement envisioned Rosneft reviewing the possibility of acquiring a share in a number of ExxonMobil operations in North America, including fields in the Gulf of Mexico and tight gas fields in Texas, Canada and some other countries. ...
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4-Must Own Dividend Stocks And 3 To Avoid For 2012
Seeking Alpha
These assets transport natural gas, refined petroleum products, crude oil, carbon dioxide and other products. The terminals store petroleum products and chemicals. Due to Kinder Morgan owning General Partner Incentive Distribution Rights, ...
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Gap, Hovnanian, Mead Johnson, Quicksilver: US Equity Preview
BusinessWeek
The Fort Worth, Texas-based oil and natural gas producer received $125 million from KKR & Co. (KKR US) for a 50 percent stake in a partnership dedicated to construction and operation of natural gas midstream services. Sears Holdings Corp. ...
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Briefly: Reminder: Garbage pickup changes
Shreveport Times
... help individuals who hope to gain skills in oil and gas land title research and right-of-way acquisition will be offered next month. The classes will be offered Jan. 21 at the Crowne Plaza San Antonio Airport, 1111 NE Loop 410, San Antonio, Texas. ...
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Outlook for the Economy
Morningstar.com
A combination of poor weather, a shocking jump in oil and gas prices due to political unrest in the Middle East, and supply-chain disruptions related to the Japanese tsunami all contributed to the pitiful level of economic growth in the first half. ...
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Gas to end year at lowest prices since February
Providence Business News
Western Refining Inc. flared gases at the El Paso plant in Texas as it started a fluid catalytic cracker unit, according to a Dec. 26 filing with the Texas Commission on Environmental Quality, Bloomberg said. At stations in Rhode Island this week, ...
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Providence Business News
Rowan Still at Neutral
InvestorIdeas.com (press release)
As a company operating in the energy sector, Rowan remains susceptible to unstable movements in crude oil and natural gas prices and is subject to global economic weakness. Moreover, the offshore drilling segment is seasonal, cyclical and susceptible ...
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Top picks 2012: Chesapeake Energy
MSN Money
At the same time, the company's oil production growth is off the charts. Keep in mind, the company has a market cap of just $15 billion and an enterprise value of $28 billion. Based on conservative prices, its enormous oil and gas reserves alone are ...
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 Turning Brown Dense into green
Ruston Daily Leader
Editor's note: The following is the final of a three-part series looking into gas and oil exploration in the Lower Smackover Brown Dense rock formation under much of Union Parish. The series explains current exploration, what that exploration has ...
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