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30. "If you get to thinkin' you're a person of some influence, try orderin' somebody else's dog around."
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Tuesday, December 13, 2011

Texas Oil and Gas - News and Information - 12.13.2011

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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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TexStar opens Eagle Ford pipeline season
Reuters
By Janet McGurty (Reuters) - TexStar Midstream Services, LLC is enthusiastic that shippers will commit to space on its pipeline carrying Eagle Ford shale liquids down to the US Gulf Coast during the open season launched Monday. The pipeline is expected ...
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Indigo unveils Louisiana Eagle Ford Shale tests in US
Energy Business Review
Indigo II Louisiana Operating has unveiled the test results of its first horizontal well targeting the Louisiana Eagle Ford Shale (LA Eagle Ford) formation resulting in a new oil discovery in Central Louisiana, US. The Bentley Lumber 34H #1 located in ...
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Penn Virginia Lowers 4Q Production Guidance Over Eagle Ford Timing
Wall Street Journal (India)
(PVA) lowered its production guidance for its fourth quarter, citing the timing of its Eagle Ford Shale projects and a revised method for estimating production from Eagle Ford wells. The oil-and-gas exploration and production company has been aiming to ...
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Shale boom expected in Argentina
UPI.com
The reserves there are similar to the lucrative Eagle Ford shale play in Texas, he said. "It does seem to have some similarities to some very productive US plays," Robert Clarke, an unconventional gas analyst at Wood Mackenzie, told the Financial Times ...
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Study fracking but let it proceed
Corpus Christi Caller Times
By Editorial Board CORPUS CHRISTI — The US Environmental Protection Agency made an announcement last week that surely caused hearts to skip a beat across South Texas, where economies are being built and rebuilt around drilling in the Eagle Ford Shale. ...
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Rosetta Resources Tanks On Uninspiring Alberta Bakken Well Results
Seeking Alpha
Rosetta has had phenomenal success with its venture into the Eagle Ford Shale Play in Texas. In its most recent presentation Rosetta details how the company's proven and probable reserves had doubled as of July to 970 BCFE since year end 2010. ...
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Fears rise on quakes, fracking
San Antonio Express
In South Texas, where gas is being produced in the Eagle Ford Shale, a magnitude-3.3 earthquake shook a rural area south of San Antonio in mid-November. That followed a magnitude-4.8 quake in the area in October, the largest recorded in South Texas ...
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Rosetta Resources Shares Sank: What You Need to Know
Motley Fool
On the flip side, the company did say that it has been seeing upside from production growth in its Eagle Ford Shale assets in Texas. Interested in more info on Rosetta Resources? Add it to your watchlist by clicking here. Learn to Unlock Surprising ...
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BHP Having a Shale of a Time
Toronto Star
Noteworthy also is just how favorably liquids rich are some of the US shales. BHP's share of just the risked liquids potential of the Eagle Ford shale is almost one billion barrels. What will BHP get for gas? The proportion of US gas production to be ...
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Penn Virginia Trims Q4 Production Guidance - Quick Facts
NASDAQ
The revised fourth quarter production guidance represents a decrease of 1.5 to 1.7 Bcfe from previous guidance of 12.2 to 12.7 Bcfe, mainly due to the timing of Eagle Ford Shale completions and the use of a revised "type curve" profile for estimating ...
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GAIL seals 20 year LNG deal with US firm Cheniere Energy
Firstpost
To relieve its domestic natural gas shortfall, GAIL has opened an office in Houston and acquired shale gas assets in Carrizo's Eagle Ford Shale acreage. “(We are) further looking for shale gas assets in the US,” said Tripathi. GAIL acquired Texas shale ...
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Firstpost
Energy Explorers With 50% Upside
Barron's
We believe these transactions will be well received by the market, given their exposure to oily plays, including the Permian Basin, the Eagle Ford shale and the Niobrara Oil play, to name a few. Our belief is that Laredo will generate the most ...
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Oil and gas driller signs lease in northwest SA
San Antonio Express (blog)
San Antonio-based Forge Energy LLC, an oil and gas exploration and production company, has consolidated its Texas operations in San Antonio and leased office space on the Northwest Side to be closer to operations in the Eagle Ford Shale. ...
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Tenrox Cloud-Based Professional Services Automation Clears the Way for ...
MMD Newswire (press release)
Topographic, which has seven offices and more than 200 employees throughout Texas and Louisiana, Oklahoma, and Arkansas, has doubled in size in 18 months as it serves major oil and gas clients in the Barnett Shale, Eagle Ford Shale and Haynesville ...
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Texas' economic outlook: slow and risk-filled
Houston Chronicle
Severance tax revenues also got a sharp boost due to an oil-price increase and activity in the Eagle Ford Shale Formation and Permian Basin, she wrote. While welcome, the $1.6 billion would not alleviate the budget challenges that lawmakers face when ...
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Floods Sink Intel, Agencies Warn Europe (INTC, VMC, MLM, ROSE, DMND, PG, TXN ...
tickerspy Newswire
The company said it is planning capital expenditures of $640 million for 2012, most of which will be devoted to the Eagle Ford Shale in South Texas. Shares of Diamond Foods (DMND) plunged -22.8% after the company said it will delay its 10-Q filling due ...
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Companies Investing Right Along With You
Motley Fool
As an E&P play, Conoco will focus about $8.5 billion in North America, improving its Eagle Ford and Bakken shale projects while bolstering oil sands operations in Canada. It was Conoco that shook up refiners like Valero Energy (NYSE: VLO ) and Tesoro ...
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Dark Side of Fracking Makes Heckmann a Takeover Target: Real M&A
BusinessWeek
Major deposits have also been discovered in parts of the US, such as Eagle Ford in southern Texas, the Bakken shale in North Dakota and the Marcellus shale in Pennsylvania. The number of horizontal rigs active in the US has climbed to 1151 from 337 at ...
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Barnett Shale in the US, 2011 - Gas Shale Market Analysis and Forecasts to 2020
Sacramento Bee
The report also provides details of the key exploration shale areas and major companies exploring the Fort Worth Basin of the Barnett Shale Play. The report also highlights the parameters for gas exploration and production, and discusses the challenges ...
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EPA Weighing Expanded North Texas Ozone Region
NGI's Shale Daily (subscription)
The Environmental Protection Agency (EPA) is considering adding two Texas counties -- Wise and Hood -- overlying the Barnett Shale in North Texas to the Dallas-Fort Worth (DFW) nonattainment area, which has failed to meet federal standards for ozone. ...
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Digging Deeper For Hidden Income In The Energy Sector
Seeking Alpha
Crestwood Midstream Partners LP is a leader in natural gas gathering, processing and treating services for natural gas and natural gas liquids produced from the Barnett Shale in North Texas, the Fayetteville Shale in Northwest Arkansas, ...
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Why Is It So Hard to Apply Common Sense In The Fracking Debate?
Seeking Alpha
In the Barnett Shale alone over 14000 wells have been drilled that use hydraulic fracturing. Despite all of this fracking, we maybe have one documented instance of the process polluting a groundwater water well. Given those numbers, doesn't common ...
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The Three Best Oil-Service Stocks for 2012
Barron's
Comparing our estimated supply and demand indicates that the basins that may currently be undersupplied are the oily/liquids rich plays like the Permian, Eagle Ford and the Bakken, as well as the gassy Marcellus, while the Haynesville Shale and Barnett ...
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Key Gas Indicators Suggest Another Midstream Push
Seeking Alpha
This market sentiment, of course, is a result of the rapid acceleration in unconventional gas drilling, especially in shale basins such as the Marcellus, Fayetteville, and Barnett. And the continued emphasis on shale continues to be observed in the rig ...
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Provisional 2013 Earnings Estimates For Independent E&P Companies
Seeking Alpha
Carrizo Oil & Gas has its main focus in the Eagle Ford but also has assets in Niobrara, Barnett, Marcellus, The North Sea and Utica. Carrizo is at the inflection point of changing from a natural gas producer to an oil company and to a lesser extent ...
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FTTN Targets Oil & Gas Leases in Texas, Oklahoma & Louisiana
Benzinga (press release)
(OTCBB:FTTN) announced today that its joint venture with Big Canyon, LLC, plans to target oil and gas leases and exploratory wells for acquisition in the historically-rich drilling grounds of Texas, Oklahoma and Louisiana. “These three states have a ...
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Strategic American Oil Corporation Completes New Zone in Welder Ranch Well
MarketWatch (press release)
Strategic American Oil Corporation /quotes/zigman/521473 SGCA -2.30% is a growth stage oil and natural gas exploration and production company with operations in Texas, Louisiana, and Illinois. The Company's team of geologists, engineers, and executives ...
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Robert W. Baird Analysts Now Covering Carrizo Oil & Gas (CRZO) Stock
LocalizedUSA
... in Texas, Louisiana and Alabama, primarily in the Miocene, Wilcox, Frio and Vicksburg trends; the UK North Sea, including the Huntington Field discovery, and the Camp Hill heavy oil steam flood project in East Texas. Shares of Carrizo Oil & Gas ...
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Railroad Commission of Texas Chairman adopts Hydraulic Frac Fluid Disclosure ...
KOSA
Austin, Texas - Today, Chairman Elizabeth Ames Jones and her fellow commissioners adopted one of the nation's most comprehensive chemical disclosure rules for hydraulic fracturing chemicals. The rule will require Texas oil and gas operators to disclose ...
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Oklahoma oil and gas prices: Dec. 13, 2011
NewsOK.com
10-18 Well; SE1/4 SW1/4 SE1/4 NW1/4 (SL) of 30-02N-07E; 98 barrels oil per day; TD 4632. Sheridan Production Co. LLC; Fitts West Unit No. 12-4 Well; NE1/4 SE1/4 NW1/4 NE1/4 (SL) of 25-02N-06E; 189 barrels oil per day; TD 4813. Texas: Whiting Oil & Gas ...
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Found Contaminants Spur Fracking Debate
NewsWest9.com
On Tuesday, The Railroad Commission of Texas will be deciding the rules that will go into an hydraulic fracturing chemical disclosure rule. The rule was passed by the Texas Legislation earlier this year, and it will require Texas oil and gas operators ...
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Colo. regulators to vote on fracking rules Tuesday
The Aurora Sentinel
Land owner Mark White of Longmont, Colo., testifies at a Colorado Oil and Gas Conservation Commission hearing in Denver on Monday, Dec. 5, 2011. The hearing on a proposed rule that would require oil and gas companies to publicly disclose most of the ...
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Texas comptroller declares economic recession over
BusinessWeek
Local government employment fell by 1.9 percent and the federal government shedding 8700 jobs in Texas. The fastest growing sector of the economy, in terms of employment growth, was mining and logging, which includes the oil and gas industry. ...
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Circle Star Energy Corp. Information to Be Available Through S&P Capital IQ's ...
MarketWatch (press release)
/quotes/zigman/5694121 CRCL -1.06% (the "Company"), an independent energy company with interests in a number of high-impact, large scale oil and gas plays in Texas, announced today that its company information will be made available via S&P Capital ...
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Penn Virginia (PVA) Shares Downgraded to a "Neutral" Rating by CapitalOne Analysts
LocalizedUSA
Penn Virginia Corporation is an independent oil and gas company primarily engaged in the development, exploration and production of natural gas and oil in various domestic onshore regions including East Texas, the Mid-Continent, Appalachia, ...
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Gulf Keystone Issues Oil Estimates
Bernews
Gulf Keystone is the Operator of the Shaikan block with a working interest of 75 per cent and is partnered with Kalegran Ltd. (a 100 per cent subsidiary of MOL Hungarian Oil and Gas Plc.) and Texas Keystone Inc., which have working interests of 20 per ...
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New oil-and-gas player Forge Energy inks lease in City View
San Antonio Business Journal
Forge, an oil and gas company with offices throughout Texas, is in the process of establishing operations on the ninth floor of the building. Forge has leased 11858 square feet of space in City View. Forge was founded in San Antonio in 2011. ...
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Analysts expect oil and gas sector to remain positive
Malaysia Star
Average 2011 prices are US$111.7 per barrel for Brent and US$95.6 for West Texas Intermediate, which Yap believed was mainly due to excess liquidity flows in the financial markets, and hence would likely continue to support crude oil prices. ...
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Highline Technical Innovations, Inc. Announces a Contract with CCS Midstream ...
Sacramento Bee
CCS Midstream Services currently operates a fleet of 80 units servicing the East Texas and North Louisiana oil and gas market. Wildcat, LLC will begin installations on these units in the coming weeks. In addition to the US fleet, CCS Midstream Services ...
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Brady Applauds First Gulf Oil and Gas Lease Sale in Nearly Two Years
Liberty Vindicator
"After 20 months with no oil and gas lease sales, this is good news our energy workers have waited too long to hear," said US Congressman Kevin Brady (R-Texas). However, today's announcement doesn't signal an end to Congress' battles with the ...
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Oil & Gas: The Gifts That Keep On Giving
Forbes
The Barnett shale, for instance, supports 100000 jobs in northern Texas alone. Natural gas production in the Marcellus contributes double that to the Pennsylvania economy. And job growth in oil and gas has a profound multiplier effect in other ...
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Forbes
Highest Beta in the Oil & Gas Exploration & Production Industry Detected for ...
Financial News Network Online
Abraxas Petroleum Corporation acquires producing oil and gas properties. The Company explores for and produces crude oil and natural gas in Texas, Wyoming, and Canada. Abraxas also operates or owns an interest in various gas processing plants in Canada ...
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Hollow Red Candles - BPL, BPT, BTE, BVN, BWP
Retirement Planning
It has five segments: Pipeline Operations; Terminalling & Storage; Natural Gas Storage; Energy Services, and Development & Logistics. It also operates and maintains approximately 2600 miles of other pipelines under agreements with oil and gas, ...
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Bakken Boom Pumping Profits into “Pipelines on Wheels”
Investment U
They're all headed south, delivering oil to refineries along the Gulf Coast. Most investors in the energy sector are thoroughly familiar with the “Bakken Boom.” The Bakken formation is a 25000-square-mile chunk of oil- and gas-bearing rock that ...
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Early Trade Stocks with Upside Potential - GMXR, SOA, RWT, STO, L
Retirement Planning
The Company is primarily engaged in oil and gas exploration and production activities. As of December 31, 2010, the Company had proved reserves of 2124 million barrels (mmbbl) of oil and 509 billion cubic meters (bcm) (equivalent to 18 trillion cubic ...
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Forest Oil Announces 2012 Guidance
MarketWatch (press release)
Based on current prices, Forest expects oil price differentials in 2012 will average $0.00 to $2.00 per Bbl less than the NYMEX West Texas Intermediate (WTI) price. Based on current prices, Forest expects natural gas liquids realizations in 2012 will ...
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Western Refining has the Highest Beta in the Oil & Gas Refining & Marketing ...
Financial News Network Online
Western Refining, Inc., through a subsidiary, refines crude oil and markets petroleum products. The subsidiary primarily produces gasoline, diesel, and jet fuel. The products are marketed in Arizona, New Mexico and Texas in the United States, ...
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Solar Executives Rebut Fossil Fuel Industry Attacks
RenewableEnergyWorld.com (blog)
Tor Valenza (aka “Solar Fred”) explained that the government “does have a responsibility to support emerging technologies,” just as it did in the past with computers and “for years with oil and gas and coal.” Finally, Schneider Electric Renewable ...
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Priority Power Management Establishes Endowment at Texas Tech University
MarketWatch (press release)
While oil and gas operations are still the backbone of the program and many graduates do become in house landmen, the Energy Commerce department is educating students to enter the industry as energy lenders, gas marketers, commodity traders, ...
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Pioneer Natural, Pioneer Southwest Price Sale Of Common Units
Wall Street Journal
Pioneer Southwest was formed by Pioneer Natural to own and acquire producing oil and gas properties in the Spraberry field in the Permian Basin of West Texas. Pioneer Natural, though a subsidiary, sold 1.8 million common units and reported gross ...
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NYSE Hot Stock Picks for Wednesday - UPL, STM, SYK, NFX, STZ
Retirement Planning
(Ultra) is an independent oil and gas company engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The Company's operations are primarily located in the Green River Basin of southwest Wyoming ...
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NYSE Volume Active Stocks are - TSM, MGM, X, CHK, SLB
Retirement Planning
The Company focuses on discovering and developing unconventional natural gas and oil fields onshore in the United States, primarily in the Barnett Shale in the Fort Worth Basin of north-central Texas, the Haynesville and Bossier Shales in northwestern ...
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TXI, TRW, SPN, EAT, RTN - Stocks with Wednesday Potential Upside
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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Dark Side of Fracking Makes Heckmann a Takeover Target: Real M&A
San Francisco Chronicle
Local and federal regulators are raising questions about pollution after demand for so-called hydraulic fracturing, which uses millions of gallons of water mixed with sand and chemicals to unlock oil and gas in shale rock, more than tripled in the past ...
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GOP embraces showdown over oil pipeline, tax cuts
CBS News
Nice job; and just for the record, you are the stupid one. by Keywestcraig December 13, 2011 9:57 AM EST From what I have seen Texas oil refineries need a whole lot of TLC before they can operate safely. They are old and worn out. ...
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Inhofe sticking with Perry endorsement
Tulsa World
One of those "sneaky ways," Inhofe said, is an orchestrated attack on hydraulic fracturing for oil and gas. "They know the key to stopping fossil fuels is hydraulic fracturing," he said. "This is a phony issue that's been created. ...
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GMX RESOURCES INC. Announces Closing of a Volumetric Production Payment ...
GlobeNewsWire (press release)
Scheduled quantities of production of natural gas from these properties attributed to the Production Payment for 2012 will be approximately 3.9 Bcf. The VPP will be treated as a sale for accounting purposes and the Company's oil and natural gas ...
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Investors Press Natural-Gas Drillers to Cut Fracking Risks
BusinessWeek
In Pennsylvania, Cabot Oil & Gas Corp. and Chesapeake Energy Corp. paid settlements after drinking water was fouled by natural gas, according to the state Department of Environmental Protection. An August report from a task force named by Energy ...
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Blogs 5 new results for texas oil and gas
Texas Insider » Representative Marva Beck Files for Re-election
By admin
Beck's re-election campaign has already been endorsed by Texas Governor Rick Perry, Land Commissioner Jerry Patterson, Agriculture Commissioner Todd Staples and Rob Looney, President of the Texas Oil & Gas Association. Beck has ...
Texas Insider
Pioneer Natural Resources Company (PXD) rated Outperform with ...
By Robert W. Baird
The Company explores, develops and produces oil and gas reserves. The Company's asset base is anchored by the Spraberry oil field located in West Texas, the Hugoton gas field located in Southwest Kansas, the Raton gas field located in ...
GainersToday.com: Recent Stock...
yourindustrynews » Breitling Oil and Gas announces spud of ...
By YINNEWS
9, 2011 /PRNewswire/ — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Golden Ridge #1H on December 6, 2011 in Logan County, ...
yourindustrynews
Database Administrator (Houston, Texas, USA) — All jobs (page 2 ...
The ideal match for this position will have a bachelor's degree in an IT related field and a minimum of 10 years of extensive experience with SAP PRA development and implementations in the oil and gas industry. Qualifications include expert ...
All Jobs — RSS Feed - Misco Jobs
Robert W. Baird Analysts Now Covering Carrizo Oil & Gas (CRZO ...
By LUSA Staff
Equities research analysts at Robert W. Baird initiated coverage on shares of Carrizo Oil & Gas (NASDAQ: CRZO) in a research note issued to investors on Tuesday. ... the New Albany in Kentucky/Illinois; traditional geologic trends along the onshore Gulf Coast area in Texas, Louisiana and Alabama, primarily in the Miocene, Wilcox, Frio and Vicksburg trends; the U.K. North Sea, including the Huntington Field discovery, and the Camp Hill heavy oil steam flood project in East Texas. ...
Localized USA

Web 4 new results for texas oil and gas
FTTN Targets Oil & Gas Leases in Texas ... - Yahoo! Finance
From Yahoo! Finance: First Titan Corp. announced today that its joint venture with Big Canyon, LLC, plans to target oil and gas leases and exploratory wells for ...
finance.yahoo.com/.../fttn-targets-oil-gas-leases-100000925.ht...
FTTN Targets Oil & Gas Leases in Texas, Oklahoma & Louisiana
“These three states have a long history of oil and gas production, and as the U.S. transitions into a net exporter of hydrocarbons, it will be Texas, Oklahoma and ...
www.istockanalyst.com/.../fttn-targets-oil-gas-leases-in-texas-o...
Energy Industry (Oil & Gas): Anadarko oil and gas lease, freestone ...
I am Board Certified in Oil, Gas and Mineral Law in the state of Texas. I have more than 37 years of experience in the industry as both an in house attorney for ...
en.allexperts.com/q/Energy...Oil.../anadarko-oil-gas-lease.htm
FTTN Targets Oil & Gas Leases in Texas, Oklahoma ... - Reuters
FTTN Targets Oil & Gas Leases in Texas, Oklahoma & Louisiana First Titan Corp. (OTCBB:FTTN) announced today that its joint venture.
www.reuters.com/.../idUS91053+13-Dec-2011+BW20111213


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