Texas Oil and Gas - News and Information - 12.26.2011

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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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Copano Energy, Magellan Midstream form JV to deliver Eagle Ford Shale condensate Energy Business Review Copano Energy in partnership with Magellan Midstream have formed a joint venture (JV) to deliver Eagle Ford Shale condensate to Corpus Christi located in the US state of Texas. The 50/50 joint venture, under the name Double Eagle Pipeline will ... See all stories on this topic »

U.S. Poised To Retake Status As Net Oil Exporter Seeking Alpha Another domestic source of petroleum producs that has taken off in recent years is the Eagle Ford shale in Texas. According to the Railroad Commission of Texas, the first eight months of 2011 saw the play produce more than 8 million barrels of shale ... See all stories on this topic »

Our Top 5 Energy Stocks for 2012: Kinder Morgan Motley Fool Expected to come online in 2014, the project was designed to exploit the glut of petroleum condensate coming in from the Eagle Ford Shale. The facility is the perfect complement to the new pipeline Kinder Morgan expects to begin operating in the second ... See all stories on this topic »

San Antonio a Top Performer WOAI Also, the research points to drilling in the Eagle Ford shale formation for bringing more oil and gas companies to San Antonio and surrounding areas. Some local residents say low tax and crime rates as welll as an affordable housing market make San ... See all stories on this topic »

CPS customers pay less than state, national averages San Antonio Express ... the Deely plant closes in 2018 with a natural gas plant. CPS is in negotiations to buy an existing plant. While historically volatile, natural gas prices are expected to remain low for some time, as shale drilling in the Eagle Ford continues to expand. See all stories on this topic »

GAIL (INDIA) LIMITED : GAIL gets Top ICSI National award for Excellence in ...
4-traders (press release)
... has executed definitive agreements with Carrizo Oil & Gas Inc. based in Houston, Texas, to enter into an unincorporated joint venture, under which GAIL Global (USA) Inc. has acquired a 20% interest in Carrizo's Eagle Ford Shale acreage position. ...
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It's that d*** sagebrush lizard! My West Texas The oil and gas industry has provided thousands, even tens of thousands, of jobs and this was a threat from an ideological, political point of view.” There also was a bit of Texas spirit in the reaction, he said. “Whether it was an oil producer, ... See all stories on this topic »

Harvest kicks off Qarn Alam Block 64 drilling Oman Daily Observer Block 64 has an area of 3874 square kilometres and was extracted from a pre-existing block (PDO's Block 6) to accelerate exploration for gas and gas condensate by the Ministry of Oil and Gas. Harvest Natural Resources, Inc, headquartered in Houston, ... See all stories on this topic »

State files suit over offshore revenues Houma Courier Louisiana is suing the federal Department of the Interior over a decision to redraw boundaries in the Gulf of Mexico that determine where tax revenues from offshore oil-and-gas leases go. At stake in the suit are future state revenues, as well as $2.81 ... See all stories on this topic »

 

'Tight oil' holds promise of ending US oil imports Globe and Mail “There might be some possibility that we could ... pretty much reduce our oil imports to zero,” said Leta Smith, director of oil and gas supply outlooks with IHS CERA. “That's a really optimistic case. And that's not what we're forecasting right now. ... See all stories on this topic » Globe and Mail

TOP OF 2011: Marcellus and Utica Shales Go Prime Time Wheeling News Register Oil and gas industry employees work at a Gastar Exploration drilling site in Marshall County. Gastar and other drillers ramped up their activity in both Ohio and West Virginia in 2011. Throughout the year, gas abstractors working on behalf of drilling ... See all stories on this topic » Wheeling News Register

Power generation may electrify slumping gas demand FuelFix (blog) “The oil and gas industry, they know they have overproduced (natural gas) and put themselves into a corner price-wise.” The circumstances aren't isolated. The US has been cooling on natural gas heating for years, as offices and homes become more energy ... See all stories on this topic » FuelFix (blog)

2012 Energy Stock Predictions Energy and Capital And while I personally ate it on some solar stocks, my call on domestic oil and gas production more than makes up for it... If you're a regular reader of these pages, you know I'm not a huge fan of the heavily-subsidized oil and gas industry. ... See all stories on this topic »

Ohio sand turns to gold as drilling boom comes to Buckeye State Akron Beacon Journal The sand is perfect for the hydraulic fracturing process — or fracking — which uses force to open cracks in the shale and free up natural gas, oil and other lucrative products. The sand is nearly 100 percent quartz. It is round and spherical. ... See all stories on this topic » Akron Beacon Journal

Pipeline projects still clogged The Province The $7-billion Alberta to Texas oil pipeline proposed by TransCanada Corp. is currently held up by a much delayed regulatory process and a political battle in Washington, DC Republicans and Democrats are at odds over whether to speed a decision on the ... See all stories on this topic »

Editorial: Domestic oil a boon Topeka Capital Journal It has been used for a long time in natural gas fields and oil fields — some of them in Kansas — where tight underground formations made it difficult, or otherwise impossible, to get crude to the surface. Energy historian Daniel Yergin said the ... See all stories on this topic »

Group carries tradition of UTEP's original purpose El Paso Times An an intern for V and M Star in Houston, a company that specializes in mechanical tubes for the oil and gas industry, Martinez said he earned $23 an hour and the company paid for his housing and travel to and from El Paso. "There's people that come ... See all stories on this topic »

So-called tax breaks don't shrink governments, they swell deficits Globe and Mail There are credits to encourage people to go to college or university, to defray child-care costs, or to spur research and investment in oil and gas. Some of these work well. But many do not, and they should be reviewed and pared back, in conjunction ... See all stories on this topic » Globe and Mail

2011 in Energy: The Year of... Energy Collective That has some folks nervous, while others are eager for shale gas to displace coal from electricity generation, compete with oil in transportation, and revive the domestic petrochemical industry. I suspect we'll see all of those to some extent, ... See all stories on this topic »

State of Denial: How New York May Squander Its Energy Boom American Thinker California could do like Texas, Alaska, and Louisiana and let its offshore reserves be more thoroughly exploited, by at least allowing exploration for new reserves natural gas. But the political leaders in both states are largely opposed as things ... See all stories on this topic »

Top local business stories: Economy, flooding, casino Sioux City Journal South Dakota regulators in September granted a Texas-based developer more time to build a proposed $10 billion oil refinery and power plant in Union County. In approving a revised air quality permit, the state Board of Minerals and Environment gave ... See all stories on this topic »

Continuing his climb Nascar If there's a moment that might stand out for Allgaier in 2011, it's his remarkable win at Chicagoland, when he inherited the lead from Carl Edwards on the final lap, only to run out of gas himself on the way to the checkered flag. ... See all stories on this topic »

Business people Minneapolis Star Tribune In Dallas, she served as the Web content editor for Flowserve, a supplier of equipment and services to the power, oil, gas and chemical industries. She focused on internal communications reaching the company's 15000 employees across 50 countries. ... See all stories on this topic »

Ron Paul Is Crazy. Admit It. SF Weekly (blog) Proponents envision a ten-lane colossus the width of several football fields, with freight and rail lines, fiber-optic cable lines, and oil and natural gas pipelines running alongside... The ultimate goal is not simply a superhighway, but an integrated ... See all stories on this topic »

Police Find 7 Dead In Fort Worth-area Apartment Salon It is an increasingly important source of oil and gas, as well as uranium, zinc and copper. The Northern Distribution Network that supplies US and coalition forces in Afghanistan goes through the Central Asian country's seemingly endless stretches of ... See all stories on this topic »

Web 4 new results for texas oil and gas

RIGZONE - Texas Oil Production Great for State's Economy, Tax ... Texas crude oil and natural gas producers are leading a historic expansion of domestic supplies, which is having a huge impact on the state's economy and tax ... www.rigzone.com/news/article.asp?a_id=113653&hmpn...

CyrusOne Announces Oil and Gas Data Centers Across Texas ... Houston. CyrusOne Announces Oil and Gas Data Centers Across Texas. houston.backpage.com/GeneralCommunity/.../12451753

Breitling Oil & Gas Investments | Oil & Gas Securities | Texas Oil ... Breitling Oil & Gas investments and securities have thrived since 2004 by using our expertise and creating opportunities for Texas oil and gas investors. www.breitlingoilandgas.com/educational-videos/page/2/

Escopeta Oil & Gas Corporation - 5005 RIVERWAY DR STE 440 ... Find other providers in Houston, Texas: Oil And Gas Exploration ... www.nexport.com/us/tx/houston/escopeta-oil-gas.../a/

Dune Energy Completes Financial Restructuring By Closing Exchange ...
Daily Markets
... in the Pearsall Field, Frio County Texas has been drilled to a total depth of 10046 feet, including 4046 feet of horizontal section in the Austin Chalk. ...

Barnett Shale adds 8 rigs for week Fort Worth Star Telegram Active drilling rigs in the US were down 11 this week to 2008, Houston-based Baker Hughes said. The oil rig count rose by five to 1201, and the natural gas rig count declined by 16 to 802. Texas rigs were up one, to 920. In the Barnett Shale, ... See all stories on this topic »

Barnett Shale rig report Fort Worth Star Telegram Vantage Fort Worth Energy Llc., Englewood, Colo.: horizontal off Bowman Springs Road east of I-35W/I-20. XTO Energy, Fort Worth: horizontal off Bryant Irvin Road east of I-30/West Loop 820. XTO: horizontal off Dale Street north of US 287/Texas 114. ... See all stories on this topic »

Lawmaker: Study Understated Risks to Barnett Residents NGI's Shale Daily (subscription) People living near Barnett Shale gas production facilities could be at risk for immune system damage from toxic air emissions, and the risk is likely understated by an air quality study completed for the city of Fort Worth earlier this year, ... See all stories on this topic »

Advisory group issues findings
Denton Record Chronicle
Ed Ireland, executive director of the industry-funded Barnett Shale Energy Education Council, declined to comment on the report. Ireland, a member of the city's official task force, had pointed to language in an earlier DAG report that he said ...
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