Texas Oil and Gas - News Information - 12.1.2011

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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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Magnum Hunter Resources Provides Eagle Ford Shale Operations Update MarketWatch (press release) The capital expenditure budget for the Eagle Ford Division for fiscal 2011 remains at approximately $75 million (30% of the total company wide capex budget) to drill 16 gross wells (8.4 net wells). Magnum Hunter's spudded its first Eagle Ford Shale ... See all stories on this topic »

Eagle Ford prompts traffic controls in rural South Texas Corpus Christi Caller Times Then came 2008 and the arrival of Eagle Ford Shale drilling. The lure of oil and gas locked in the rock formation thousands of feet underground brought jobs and people to and through the once-sleepy crossroads in rural Bee County — with at least three ... See all stories on this topic »

EOG expects to drill in Argentina's Neuquen basin within weeks Oil & Gas Journal “The shale looks pretty good to us.” Although EOG has yet to drill a well, Papa said he is optimistic the Argentina shale play might prove to be as important to EOG as the Eagle Ford shale play in South Texas, which Papa calls EOG's top asset. ... See all stories on this topic »

Investors smile on Crimson results Upstream Online US minnow Crimson Exploration on Wednesday detailed initial production rates for a pair of wells in the Eagle Ford shale play, drawing a positive response from investors. Crimson's Littlepage McBride 3H well in Karnes County, Texas, came on with a ... See all stories on this topic »

Jim Cramer's Top Energy Stocks To Buy Now Seeking Alpha EOG Resources also has a joint-venture agreement to develop fields located in the Eagle Ford shale region. This stock has bounced sharply off the recent lows, so I would wait for a possible re-test of those lows before buying more heavily. ... See all stories on this topic »

Plains All American Announces $2.3 Billion of Acquisitions and Raises Forecast Toronto Star The completed deals are Velocity Midstream's crude oil and condensate gathering system in the Eagle Ford Shale of South Texas and a small trucking operation in Canada. Future acquisitions based on definitive agreements with Western Refining WNR are a ... See all stories on this topic »

New district pits legislative veterans Victoria Advocate Hunter noted the Eagle Ford Shale activity the last two years had helped in some areas of the state, including the Crossroads. "If you look at the growth in Victoria and the surrounding counties, you have got a huge energy boom going on," he said. ... See all stories on this topic »

TMK announces Q4 and FY 2012 outlook SteelGuru In addition to growth areas like the Permian Basin, Bakken Shale and Eagle Ford Shale, the company sees increasing growth in the Mid Continent plays. The Company intends to further reduce the level of leverage and optimize its debt profile. ... See all stories on this topic »

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Chisum begins campaign for Railroad Commission Amarillo.com “Our message of ensuring the Texas oil and gas industry remains a strong economic driver of the Texas economy is resonating loudly.” Sledge also has released a list of supporters and has said his 35 years of experience in the energy industry is what ... See all stories on this topic »

AER Energy Completes Purchase of Rehoboth Oil & Gas Leases MarketWatch (press release) The company contracts all drilling, completion and production phases in both oil and gas wells in Texas and Kansas to Multiplex Resources of Houston, TX. AER Energy Resources, Inc. ( www.aernenergy.com ) is a diversified holding company with an ... See all stories on this topic »

Samsung C&T Buys US Oil Company The Chosun Ilbo Texas-based Parallel is an oil development company that operates eight oilfields and two gas fields, some of them in Texas and New Mexico, as well as three exploration reserves. The company's total oil reserves amount to 69 million barrels. ... See all stories on this topic »

COLUMN-US dreams of energy independence: John Kemp Reuters But while the development of a bigger domestic reserve base and more production should cut the trade deficit and eventually lower oil and gas prices worldwide modestly, it will not insulate US consumers and businesses from geopolitical risks emanating ... See all stories on this topic »

Bering Exploration to begin Installation of a Gas Pipeline to Serve the ... SmallCap Network The Roxanne field, which also consists of an additional 2000 targeted un-leased acres, has estimated potential gross reserves of more than $35 million based on the current price oil and gas and under the assumption that all the wells are drilled and ... See all stories on this topic »

RANGE RESOURCES LTD - Letter to Option holders Stockhouse Range holds a 25% interest in the initial Smith #1 well and 20% interest in further wells on the North Chapman Ranch project, Texas. The project area encompasses approximately 1680 acres in one of the most prolific oil and gas producing trends in the ... See all stories on this topic »

Strategic American Oil Corp. (SGCA) Strategy Combines Technology and Domestic ... Beacon Equity Research The company is currently producing oil and gas, plus has proven reserves in Texas and Louisiana. They recently announced the acquisition of Galveston Bay Energy, generating a significant increase in cash and oil production. An Engineering Report from ... See all stories on this topic »

Frontline Source Group Announces New Lewisville Texas Temporary Staffing ... PR Leap (press release) The organization specializing in the placement of professional Accounting/Finance, Information Technology, Human Resource, Administrative, Clerical, Medical Front Office, Legal and Oil and Gas professionals. Today, Frontline Source Group announced the ... See all stories on this topic »

Are We One Step Closer to Energy Independence? StateImpact Texas By the Numbers: Drilling in Texas By Terrence Henry A milestone has been crossed in the production of energy in the country, according to a report today in the Wall Street Journal. Because of increased oil and gas drilling and production, ... See all stories on this topic »

Noted: County could deny drilling Colorado Springs Independent Colorado Springs City Council scheduled a special meeting Wednesday afternoon to consider delaying oil and gas drilling in the city. According to a city release, the proposed emergency ordinance would "establish a six-month moratorium on the acceptance ... See all stories on this topic »

Web 3 new results for texas oil and gas

Texas Online Radio: Texas Oil and Gas - News Information - 11.30 ... Parallel owns and develops eight oil-producing fields and two gas fields west Texas and New Mexico, including a Barnett shale gas project near Forth Worth. ... www.texasonlineradio.com/.../texas-oil-and-gas-news-informat...

Ferrellgas Acquires Welch Propane in Northeast Texas | Gas and Oil ... Ferrellgas Acquires Welch Propane in Northeast Texas | Gas and Oil Jobs on Oil and Gas People - the recruitment solution for oil and gas jobs - search ... www.oilandgaspeople.com/resources/post.asp?postId=84

THE TEXAS SCRIBBLER » South Texas oil boom Search Everything, About Texas Scribbler, Afghanistan, Antique Roses .... It's part of a national boom in shale oil and gas recovery in North Dakota and ... texasscribbler.com/wp/2011/11/28/south-texas-oil-boom/

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Chesapeake still acquiring properties in Ohio's Utica Shale, but faces ... Fort Worth Star Telegram (blog) 2 producer in North Texas' Barnett Shale. This is only a preview. Your comment has not yet been posted. Your comment could not be posted. Error type: Your comment has been saved. Comments are moderated and will not appear until approved by the author. ... See all stories on this topic »

Fountain Quail Welcomes State's Encouragement of Recycling PR.com (press release) Fountain Quail has developed and refined its patented, industry-leading technology for recycling flowback and produced water over the past seven years in North Texas' Barnett Shale. During that time, the Company has recycled more than 800 million ... See all stories on this topic »