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Monday, December 12, 2011

Texas Oil and Gas - News and Information - 12.12.2011

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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 Is a Star in Marathon's 2012 Plans
NGI's Shale Daily (subscription)
s $4.8 billion capital, investment and exploration budget for next year is targeted at the Eagle Ford Shale play in South Texas as the company continues to focus on liquids-rich assets in the United States. Liquids-rich plays are seen as providing the ...
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Man killed, two seriously injured in Pleasanton crash
San Antonio Express
Rutherford said the recent oil and gas drilling boom in the Eagle Ford shale formation — and related construction and other activity — has brought more jobs, population and traffic. He said Pleasanton police officers working the day shift are now ...
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Spectra Energy Sees Upbeat '12
Daily Markets (blog)
Infrastructure development in the Haynesville, Eagle Ford and Marcellus Shale, along with the building of a new gas plant having long-term customer commitments, will also be a synergistic approach, in our view. The company's core fee-based businesses ...
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Rosetta Resources to expand Eagle Ford presence
Houston Business Journal
Rosetta Resources is investing the majority of its capital budget in Eagle Ford shale resources. Rosetta Resources Inc. (Nasdaq: ROSE) said Monday it will invest more than 90 percent of its 2012 capital budget, about $590 million, in further developing ...
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TexStar working to firm up commitments before building Eagle Ford shale pipeline
San Antonio Business Journal
TexStar and NuStar are working under a partnership to provide opportunities for producers in the Eagle Ford Shale to ship crude and condensate to refiners in Corpus Christi or to refineries throughout the world. NuStar's North Beach Terminal has docks ...
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GAIL signs agreement to buy 3.5 MT a year LNG from US firm
Moneylife Personal Finance site and magazine
GAIL has already established an office in Houston and acquired shale gas assets in Carrizo's Eagle Ford Shale acreage and is further looking for shale gas assets in the US, Mr Tripathi said. The firm has acquired its first shale gas assets in the US ...
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High Income Investments Reduce Exposure To Europe, Increase Returns: Part III
Seeking Alpha
Additionally, we remain focused on the Granite/Colony Wash, Eagle Ford, Marcellus shale and Woodford plays as it relates to incremental NGL growth. From an oil perspective, in addition to the Granite Wash and Eagle Ford both having an oily component, ...
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The University of Texas at Austin Expands Its Professional Land Management ...
PR Newswire (press release)
PETEX has been training oil and gas industry workers since 1944, when the Texas Legislature asked the university to provide continuing education to the state's oil and gas workers. Sixty-seven years later, PETEX has added formal instruction on oil and ...
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Water Wranglers Gush With New Oilfield Work to Help Fend Off EPA
Bloomberg
That's enough to supply more than 130000 average households for a year, according to Texas Water Development Board calculations. States are tightening regulations, too. Pennsylvania adopted rules in 2010 requiring oil and gas operators to clean water ...
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Bloomberg
Working oil rigs, gas rigs move in opposite directions: BHI
Gas Business Briefing
The number of land-based oil and gas rigs working last Friday slipped by one from the previous week, but remained 14.7% higher than a year-ago, the Baker Hughes Inc weekly rig count found. Total onshore working rigs for the week ended December 9, ...
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COLUMN-Fracking no more risky than other oil, gas wells: Kemp
Reuters
Fracking is routinely used to improve recovery from a wide range of oil and gas wells, not only those drilled into tight formations such as the Barnett shale in Texas and North Dakota's Bakken. Critics claim fracking poses a heightened risk to ...
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Argentina poised for shale oil and gas boom
Financial Times
By Jude Webber in Buenos Aires Argentina could be nearing a shale oil and gas boom similar to the one that transformed the US energy landscape as former state monopoly YPF eyes another 1bn barrel discovery adjacent to a Patagonian field whose reserves ...
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PureSpectrum, Inc. Controlling Interest Acquired by OTC Ventures; Launches New ...
MarketWatch (press release)
He is actively involved in the Resources sector with current operations in Metals Mining as well as Oil and Gas. Atkinson is currently performing due diligence on an Oil drilling platform in the state of Texas for an acquisition that looks to garner ...
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RPT-China quietly finds niche in US shale oil boom
Reuters
By Selam Gebrekidan and Chen Aizhu NEW YORK/BEIJING, Dec 12 (Reuters) - China has quietly gained a toehold in the US shale oil-and-gas boom. Even as the Asian nation's giant energy firms only now begin to see the first glimmers of success in their ...
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Why Encana refutes U.S. EPA Pavillion groundwater report
MarketWatch (press release)
The EPA's data from existing domestic water wells aligns with all previous testing done by Encana in the area and shows no impacts from oil and gas development. Of most concern, many of the EPA's findings from its recent deep monitoring wells, ...
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Victory Energy Announces Acquisition of Producing Wells and Expansion Acreage ...
MarketWatch (press release)
These 10000-11000 foot Wolfberry wells are renowned for their consistent oil and gas production and their more than twenty five year life spans. The operator is a well known Permian Basin company with extensive experience." The three wells drilled to ...
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Third-quarter earnings climb with higher oil prices, refining margins
Oil & Gas Journal
The front-month futures price of West Texas Intermediate crude on the New York Mercantile Exchange averaged $89.54/bbl in the recent quarter compared with $76.21/bbl a year earlier. While oil prices were stronger, gas prices were little changed from ...
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Gas drilling surges in Ohio; brings jobs, worries
The Associated Press
But she says wastewater disposal in her area from an oil and gas drilling frenzy that's hit Ohio and other states has forced her to change her mind. She and her husband are selling the family home and fleeing with their 15-year-old before the drinking ...
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The Associated Press
Forbes Energy Services to Sell Mexico Business
MarketWatch (press release)
John Crisp, president and CEO of Forbes Energy Services Ltd., said, "US oil and gas development and production have become increasingly more intense and more sophisticated over the past two years. We see an opportunity to fully capitalize on these ...
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12 IPOs planned for the week of Dec 12
Renaissance Capital
Sanchez Energy Corporation (SN), a independent explorer and producer of oil and natural gas properties in South Texas, plans to raise $250 million by offering 10000000 shares at a price range of $24.00 to $26.00. At the mid-point of the proposed range, ...
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Company pays to modernize Harrison County records
New Philadelphia Times Reporter
“This process is very expensive, well over $100000, but, thanks to the generosity of the oil and gas company, we are able to do this without any cost to the county,” she said. “I'm extremely happy to have this opportunity available to us. ...
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Oversold with an Improving RSI - ALME, ALZM, BKYI, DMND, JAMN
Retirement Planning
The Company is engaged in the acquisition, exploration, development and producing of oil and gas properties. As of April 30, 2010, the Company owns a 75% working interest in oil and gas properties in Frio County, Texas, a 16% working interest in ...
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Clear Fork Royalty Acquires Additional Barnett Shale Interest, Continues to ...
PR Web (press release)
With a majority of oil and gas companies leaving the play, Clear Fork Royalty believes strongly in the plays long-term potential. Clear Fork Royalty purchase oil and gas mineral rights and royalties throughout the United States. ...
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PR Web (press release)
Energy Stocks: Winners and Losers
TheStreet.com
Comstock Resources(CRK) surged 18.3% after the company announced the acquisition of acreage in the Delaware Basin in West Texas from Eagle Oil & Gas Co. and others for a purchase price of $332.7 million. Energy Transfer Equity(ETE) moved up 5.9% last ...
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TheStreet.com
City of Laredo, Partners To Host Eagle Ford Shale Job & Vendor Fair
Laredo Sun
“South Texas has long been a hotbed for oil and gas exploration and over the years, our city of Laredo has benefitted from this industry, from the oil and gas companies who own the wells, to drilling, fracking, and other companies that service this ...
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Laredo Sun
US: Texas Drought Impact
FXstreet.com
However, if the drought persists the burden will shift to urban areas and industrial production such as oil and gas exploration. Furthermore, water curtailment will influence industrial output, and could decrease potential GDP. ...
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Bearish MACD Crossovers - KBR, KFY, LUB, NFX, NOC
Retirement Planning
The Hydrocarbons business segment consists of the Gas Monetization, Oil and Gas, Downstream, and Technology business units. The IGP business segment includes the North American Government and Defense (NAGD), International Government and Defence (IGD), ...
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Apache Primed to Climb Above $100
Investorplace.com
Apache Corp. (NYSE:APA) is an independent oil and gas company based in Texas. It has operations in Gulf of Mexico, Texas, Permian and Anadarko basins. It also has exploration and production interests in several other countries around the globe. ...
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KDB-led fund buys Apache gas assets for $200 mln -KDB
Reuters UK
KDB said in a statement that its private equity fund, which includes South Korea's top refiner SK Energy as a partner, had purchased 490 gas rigs in East Texas, jointly with US Patara Oil & Gas. (Reporting by Ju-min Park; Editing by Jonathan Hopfner)
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Bullish Engulfing - AIXG, AREX, ATML, BMC, CHDO
Retirement Planning
Approach also owns interests in the East Texas Basin (Cotton Valley Sands and Cotton Valley Lime) and in the Chama Basin in Northern New Mexico (Mancos Shale). At March 31, 2011, it had approximately proved oil and gas reserves of 59.7 million barrels ...
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Austin Energy Begins 540-Megawatt Demolition of Holly Street Power Station, an ...
MarketWatch (press release)
... Texas, has hired TRC Companies Incorporated /quotes/zigman/243893/quotes/nls/trr TRR -2.83% (Lowell, Massachusetts) to dismantle and demolish the four-unit, 540-megawatt (MW) natural gas and oil-fired Holly Street Power Station in Austin. ...
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Using oil to reduce carbon emissions
Fort Worth Star Telegram (blog)
One method of reducing emissions of carbon dioxide--the primary "greenhouse gas" that scientists say contributes to global warming--has been around for several decades--injection of carbon dioxide underground to boost oil recovery. Texas has ...
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Woodbine Acquisition Corporation Announces Successful Completion of Its ...
MarketWatch (press release)
... subject to satisfaction of all the conditions to completion of the transactions. The Corporation is an oil and natural gas company engaged in the acquisition, development, exploitation and production of crude oil and natural gas properties in Texas.
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P&F Bearish Signal Reversal - HPQ, JRN, KOG, SFD, SHAW
Retirement Planning
In October 2011, it announced the closing of the acquisition of Williston Basin oil and gas producing properties and undeveloped leasehold. Smithfield Foods, Inc. (NYSE: SFD) percentage change surged 1.92%, to close at $24.47 and its overall traded ...
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Summit Power Group nears construction of Penwell power plant
My West Texas
Even so, with oil and gas producers anxious to purchase the plant's CO2 for use in enhanced oil recovery projects, "EOR was too compelling not to think ahead." That's why, he explained, Summit formed Summit Carbon Capture LLC to focus on capturing CO2 ...
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Plains Exploration & Production Crosses Below its 10-day MA (PXP)
Financial News Network Online
Plains Exploration & Production Company is an independent oil and gas company with onshore and offshore operations in California, West Texas, East Texas and the Gulf Coast region. The Company is primarily involved in the upstream activities of ...
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Gap Ups - NHPR, NMXC, NPWZ, OEDV, PXTE
Retirement Planning
Paxton Energy, Inc. is an oil and gas exploration and production company with a minority working interest in limited production and drilling prospects in the Cooke Ranch area of La Salle County, Texas, and Jefferson County, Texas, all operated by ...
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7 Dividend Stocks For 2012 Retirement Income
Seeking Alpha
MV Oil Trust owns 1000 oil and gas properties. In 2006, MV Oil did have hedges in place on oil and gas production prices. Those hedges are now removed and investors own a pure play income stream on oil and natural gas prices. This trust can prove to be ...
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Oil prices fall near $98 on EU concerns
The Associated Press
NEW YORK (AP) — Oil prices are slid alongside global stock indexes Monday with the economic stability of Europe again under intense scrutiny. Benchmark West Texas Intermediate crude lost $1.34, about 1.4 percent, to $98.07 per barrel in New York while ...
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Rosetta Resources (ROSE) Shares Given New $53.00 Price Target by Howard Weil ...
LocalizedUSA
Rosetta Resources Inc. (Rosetta) is an independent oil and gas company engaged in the exploration, development, acquisition and production of oil and gas properties. The Company's operations are concentrated in the areas of the Sacramento Basin of ...
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Exxon Mobil proclaims era of natural gas
DesMoinesRegister.com (blog)
Love them or hate them – and like the New York Yankees Exxon Mobil generates extreme reactions simply because it is the world's largest privately-owned producer of oil and gas – Exxon Mobil has the capital and technology to make its forecasts come true ...
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ERF Wireless Welcomes Experienced Banking Executive Thomas Wiedebush to Its ...
MarketWatch (press release)
"We believe his presence on our Board will give the company added depth in developing the business and financial strategies that will help accelerate the growth ERF Wireless has been experiencing over the past several months in our oil and gas sector ...
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Blogs 5 new results for texas oil and gas
The University of Texas at Austin Expands Its Professional Land ...
By Continuing and Innovative Education
PETEX has been training oil and gas industry workers since 1944, when the Texas Legislature asked the university to provide continuing education to the state's oil and gas workers. Sixty-seven years later, PETEX has added formal instruction ...
eReleases Press Release Headlines
EDF Releases Ten Recommendations For The First Offshore CCS ...
By EDF Staff
On December 2nd, Environmental Defense Fund (EDF) completed a 2-year long research project funded by the U.S. Department of Energy (DOE) to support a University of Texas (UT) project to find suitable sites to sequester carbon dioxide below ground in Texas' ... In 2010, the U.S. DOE evaluated the gulf coast region and found vast potential for storing CO2 in deep saline formations (underground salt-water deposits) as well as in depleted oil and gas fields throughout the area. ...
Texas Clean Air Matters
Breitling Oil and Gas CEO to Present at World Frontier Exploration ...
By Breitling Oil and Gas Corporation
Irving, TX, December 12, 2011 — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, will present at Terrapinn's World Frontier Exploration Congress 2011, held between December ...
SEOPressReleases
Geologist (Houston, Texas, USA) — All jobs (page 2) — Misco Jobs
Senior Geologist needed for a contract-to-hire employment opportunity with an independent oil and gas company in Houston, Texas. The ideal match for this position will have a bachelor's degree in geology and a minimum of 10 years of ...
All Jobs — RSS Feed - Misco Jobs
peHUB » KDB acquires Texan Gas Rigs
By Angela Sormani
The acquisition includes 490 gas rigs in East Texas. (Reuters) - A South Korean private equity fund led by Korea Development Bank (KDB) has acquired gas assets from U.S. oil and gas company Apache Corp for $200 million, KDB said on ...
PE Hub News: All News

Web 1 new result for texas oil and gas
Texas RRC Chairman addresses recycling wastewater from shale gas
The Carrizo lies above a huge area of the Eagle Ford Shale in South Texas. Referring to the recycling of wastewater from shale oil and gas drilling, RRC ...
www.pleasantonexpress.com/.../Texas_RRC_Chairman_addres...

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