All content is (c) Texas Online Radio ~ 2011 or respective artist. / Not available for reprint or circulation without proper approval and/or syndication rights. Site best viewed full screen. F11 ~ If you'd like to leave a comment, click on the post header or scroll to the bottom of the post. Take your time, enjoy the site! Thanks.

Today's words of Wisdom...

30. "If you get to thinkin' you're a person of some influence, try orderin' somebody else's dog around."
~ 38 Texas Proverbs

Tuesday, January 10, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 1.10.2012

Continue scrolling down the page for more articles.
Do you need rig/production photography? Click here.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Texas Oil and Gas  -  News and Information
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 
I'm looking for a sponsor of this popular posting! Your banner across the page!
Contact me:  Jeff@TexasOnlineRadio.com
You can advertise or donate to Texas Online Radio by clicking here.
Help us keep spreading the word about Texas music, news and information! Thanks!
 Eagle Ford Shale, Barnett Shale, Austin Chalk.. and other news.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Oil and Gas report: 01.09.12
Corpus Christi Caller Times
Petrohawk Operating of Houston has filed for permits to drill three more 14000-foot horizontal wells in the Hawkville (Eagleford Shale) field. The No. 1H Wheeler 5 will be located 8.4 miles southeast of Tilden in Section 491 of the MJ Wells Survey ...
See all stories on this topic »


Marubeni Buys Texas Eagle Ford Shale Stake for $1.3 Billion ...
Marubeni Corp., Japan's biggest grain-trading company, agreed to buy a 35 percent stake in shale oil and gas acreage in the U.S. from Hunt Oil Co. in a $1.3 ...
www.businessweek.com/.../marubeni-buys-texas-eagle-ford-sh...
Marubeni To Buy 35% Of Eagle Ford Shale From Hunt ... - RTTNews
Marubeni Corp. (MARUY.PK) announced that its U.S. subsidiary, Marubeni Eagle Ford Limited Partnership, reached an agreement with Dallas based Hunt Oil ...
www.rttnews.com/.../marubeni-to-buy-35-of-eagle-ford-shale-...


Talisman to trim capital spending
Globe and Mail
More than a year ago, Talisman bulked up its presence in a liquids-rich part of the Eagle Ford shale in Texas, alongside Norway's Statoil. The company signalled in November that capital in 2012 will likely be funnelled toward the Eagle Ford, ...
See all stories on this topic »

Globe and Mail
Drought impact topic of Cuero town hall meeting
Victoria Advocate
The water supply is being impacted by a number of things, Sister Elizabeth Riebschlaeger, the event organizer, said, including the drought and the water use involved in the Eagle Ford Shale oil boom, using a technique called hydraulic fracturing, ...
See all stories on this topic »
Shale Plays Energized with Distributed Power
NGI's Shale Daily (subscription)
Early last year, following interest in the Eagle Ford Shale play (see Shale Daily, Jan. 7, 2011), Capstone announced that it had orders for 4.2 MW of the small turbines from oil and gas operators in the Marcellus.
See all stories on this topic »
Costar Midstream acquires East Texas pipeline system
Gas Business Briefing
The acquisition adds to Costar's existing 220 miles of gathering pipelines in the Eagle Ford Shale area in South Texas. Costar is a portfolio company of Energy Spectrum Capital, a midstream energy private equity firm.
See all stories on this topic »
What you need to know before markets open
Financial Post (blog)
Talisman Energy: The independent oil explorer said it will reduce its 2012 capital spending by over $500-million, to reflect low North American gas prices, and will shift its focus to liquids-rich shales like Eagle Ford, Texas. ...
See all stories on this topic »

Financial Post (blog)
Fitch: Energy MLP Liquidity Solid After 2011 Refinancing
MarketWatch (press release)
... American energy infrastructure projects to grow quickly, mainly as a result of rapidly growing exploration and production (E&P) investment to develop unconventional oil and gas resources such as the Bakken, Eagle Ford, and Marcellus shale plays. ...
See all stories on this topic »
Cabot Oil & Gas: Last Year's Leader Likely Won't Repeat In 2012
Seeking Alpha
COG's Eagle Ford play consists of 60000 net acres. COG's production from the Eagle Ford increased from 1100 Bopd on Jan. 1, 2011 to 6500 Bopd on Nov. 15, 2011. The Average EUR of COG's Eagle Ford (Buckhorn sub area) wells is 439Mboe with 80-85% of that ...
See all stories on this topic »



Bakken Update: What To Buy In 2012 Part II
Seeking Alpha
GeoResources (GEOI) is a small cap with acreage in the Williston Basin, Eagle Ford, Permian, Austin Chalk and southern Louisiana. GeoResources has 46000 net acres in the Bakken with 33200 net acres operated. The other focus area is the Eagle Ford, ...
See all stories on this topic »


New air quality rules to be eyed
Denton Record Chronicle
“Words do matter,” said Ed Ireland, executive director of the industry-funded Barnett Shale Energy Education Council, who objected to multiple regulations he said could expose the city to legal challenges. “If we're just supposed to rubber-stamp a ...
See all stories on this topic »
Dueling Research: Fracked Shale Gas Worse For Climate Change Than Coal! Or ...
Dallas Observer (blog)
The question: Is unconventional gas extracted from formations like the Barnett Shale of North Texas the cleaner-burning bridge fuel to a new, sustainable age? Or does its production contribute massive quantities of a potent greenhouse gas sufficient to ...
See all stories on this topic »
The Wall Street Transcript Executive Interview: Carrizo Oil & Gas Inc. (CRZO ...
The Wall Street Transcript
Carrizo Oil & Gas went public in 1997 and started drilling in the Barnett shale in 2003. Since then, the company has built sizable acreage positions in the Fayetteville, Marcellus, Eagle Ford and Niobrara shale plays. Carrizo and Avista Capital ...
See all stories on this topic »
FEI Launches New Core-to-Pore Imaging Workflow for Shale Gas Reservoirs
MarketWatch (press release)
In order to optimize completion of unconventional reservoirs, like Marcellus and Barnett, geologists need to relate the fracture network observed in core samples to the nanometer-scale distribution of pores, their hydrocarbon content and permeability, ...
See all stories on this topic »
Top Losers in After-hours Today, Jan-9
Beacon Equity Research
CMLP's PE ratio is 34.19 and their market cap is $1.27B. Crestwood Midstream Partners LP owns and operates 100% fee-based gathering, processing, treating and compression assets servicing natural gas producers in the Barnett Shale geologic formation in ...
See all stories on this topic »
Top Five Dividends with Growth Potential
Equities.com
The company has assets in North Texas for gathering, processing and transmission services for companies active in the Barnett Shale as well as an intrastate pipeline system in Louisiana among other holdings. The company enjoyed a 12 percent rise in ...
See all stories on this topic »


Xtreme Oil & Gas Begins Saltwater Disposal Operations
MarketWatch (press release)
PLANO, TX, Jan 10, 2012 (MARKETWIRE via COMTEX) -- Xtreme Oil & Gas, Inc. (otcqb:XTOG) /quotes/zigman/4025029 XTOG -22.50% , an independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas ...
See all stories on this topic »
Shale Bubble Grows on Near-Record Prices for Untested Fields
BusinessWeek
As long as crude commands such lofty prices, explorers will continue to seek out geologic formations soaked in oil and gas components such as propane, Dan McSpirit, a Denver-based analyst for BMO Capital Markets, said in a telephone interview. ...
See all stories on this topic »
Headspring Develops Solution to Help Improve Greenhouse Gas Reporting for One ...
MarketWatch (press release)
Headspring is working with EPA Systems and its client, one of the largest oil and gas companies in the world, to help the company conform to new US Environmental Protection Agency (US EPA) regulations. Headspring is developing important software to ...
See all stories on this topic »
Youngstown Opens Mills Again as States Jockey for Fracking Jobs
San Francisco Chronicle
Republican Governor Tom Corbett has said he wants the state to be the "Texas of the natural-gas boom." Texas wants to be the Texas of the gas boom, too. Half of the eight most active US oil- and gas-drilling regions are in the state, according to a ...
See all stories on this topic »
Emerald Bay Cases Exploratory Oil Well in Texas
DigitalJournal.com (press release)
Emerald Bay Energy Inc., based in Calgary, is a junior oil and gas producer with production properties in Western Canada and South Texas. The common shares of Emerald Bay trade on the TSX Venture Exchange under the symbol "EBY". ...
See all stories on this topic »
World's First Oil Cartel – Deep in the Heart of Texas
Scientific American (blog)
From the 1940s through the 1960s, the Texas Railroad Commission not only regulated Texas oil and gas production, but also coordinated with other high-production states through the Interstate Oil Compact Commission (IOCC) to ensure that oil prices ...
See all stories on this topic »

Scientific American (blog)
Oil and Gas Wells Getting Large Tax Breaks
KUT News
Many oil and gas wells in Texas are essentially operating tax-free. Photo by Dave Fehling/StateImpact Texas Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. ...
See all stories on this topic »
Talisman Energy cuts 2012 capital spending to focus on liquids
Proactive Investors USA & Canada
Independent oil explorer Talisman Energy (TSE:TLM)(NYSE:TLM) said Tuesday that it plans to reduce its capital spending by more than a tenth in 2012, as the oil and gas producer reduces on investments in natural gas assets to focus on liquids-rich shale ...
See all stories on this topic »

Proactive Investors USA & Canada
Morgantown researchers contributed to shale oil and gas boom
State Journal
By Pam Kasey - email Like all highly technical processes, the advances that made today's shale oil and gas revolution possible are the result of hundreds of innovators building on one another's work. Wildcatters and geologists and engineers rigged ...
See all stories on this topic »
Oklahoma oil and gas drilling
Tulsa World
Creek: Trilliant Energy Texas Ltd., Bobcat No. 9-23 Well, CW/2 SW/4 NE/4 of 23-18N-09E, Dry, TD 2912 feet. Washington: Bullseye Operating LLC, Keefer No. P-6 Well, SW/4 SE/4 SE/4 SW/4 of 23-26N-13E, 0.25 BOPD, TD 1350 feet. Seminole: Ruffel Lance Oil & ...
See all stories on this topic »
Comprehensive picture of the fate of oil from Deepwater Horizon spill
Science Daily (press release)
10, 2012) — A new study provides a composite picture of the environmental distribution of oil and gas from the 2010 Deepwater Horizon spill in the Gulf of Mexico. It amasses a vast collection of available atmospheric, surface and subsurface chemical ...
See all stories on this topic »
Speaker: Process will cause 'crisis'
Youngstown Vindicator
But Energy In Depth, an education and outreach arm of the natural gas and oil industry, points to the Fort Worth, Texas region as an example of drilling done right. The Fort Worth area, which is in the Barnett Shale region, had 15675 producing wells as ...
See all stories on this topic »
Lucas Energy, Inc. to Webcast, Live, at RetailInvestorConferences.com on ...
MarketWatch (press release)
Lucas Energy, Inc. (LEI) is publicly traded oil and gas company on the NYSE Amex with the symbol LEI. The Company acquires low producing, shut in, or abandoned oil wells with underlying potential. Currently, Lucas Energy has acreage in the fast growing ...
See all stories on this topic »
Gulf Keystone Petroleum confirms option of third party participation in ...
OilVoice (press release)
Gulf Keystone is the Operator of the Shaikan Block with a working interest of 75 per cent and is partnered with Kalegran (a 100 per cent subsidiary of MOL Hungarian Oil and Gas) and Texas Keystone Inc, which have working interests of 20 per cent and 5 ...
See all stories on this topic »
GeoResources, Inc. Provides an Operations Update
MarketWatch (press release)
This well averaged 326 boe/d for the first 30 days of production (93% oil). The Tilicek well is operated by Denali Oil and Gas with a 70.4% working interest. Given the success of this well and other recent drilling successes in the immediate area, ...
See all stories on this topic »
Demand for Eagle Ford acreage continues as Marubeni buys share from Hunt Oil
Oil & Gas Financial Journal
The Japanese trading company recently signed a deal with Dallas-based Hunt in which it will acquire a 35% working interest in oil and gas leases in South Texas' liquids-rich unconventional resources play. Privately-held Hunt, coming in at No. ...
See all stories on this topic »
United American Petroleum Corp. Provides Update on Its Marcee Well in Gonzales ...
MarketWatch (press release)
AUSTIN, Texas, Jan 10, 2012 (GlobeNewswire via COMTEX) -- United American Petroleum Corp. is pleased to announce it has scheduled a workover on its Marcee well located in Gonzales County, Texas, which consists of 186 lease acres. ...
See all stories on this topic »
For A Million BTU
Business Insider
The price differential for a million btu is blowing out once again, between Global oil and North American natural gas. The extraordinary discount has persisted for some years. But today, with West Texas Intermediate (WTIC) oil above $100 and Brent oil ...
See all stories on this topic »
Nexen shakes up executive ranks
Globe and Mail
Nexen Inc. NXY-T, one of Canada's largest oil and gas companies, shook up its top executive ranks late Monday, naming a new chief executive. Marvin Romanow is no longer Nexen's CEO and president, the company said in a surprise statement. ...
See all stories on this topic »

Globe and Mail
Governor Mike Huckabee and Huck PAC Endorse David Dewhurst For US Senate
Texas Insider
This endorsement follows other major endorsements, including the Texas Oil and Gas Association, the Texas Restaurant Association and TEXPAC. David received support from three former presidents of the Texas Farm Bureau, BEEF-PAC, the Texas and ...
See all stories on this topic »

Texas Insider
International Plant Services sold to Global NuTech
Houston Business Journal
International Plant Services LLC, a Houston-based construction services contractor for the oil and gas industry, has been purchased by Global NuTech Inc. (OTCQX: BOCL). Global NuTech, a California-based oil services company, said Tuesday it purchased ...
See all stories on this topic »
Poor approach on pipeline
StarPhoenix
No mining. No oil. No gas. No more hydroelectric dams," the minister suggested was the conspirators' goal. "These groups threaten to hijack our regulatory system to achieve their radical ideological agenda." In a land that values free speech, however, ...
See all stories on this topic »
Five Things to Know Today, Jan 10
Patch.com
Cheap gas. The Texas oil boom that made the US the world's leading producer in the early 20th century started on this day in 1901. The starting shot was a gusher at Spindletop, a salt dome formation near Beaumont in southeast Texas that had long been ...
See all stories on this topic »
Geo Finance Corp. (GEFI) Identifies Drill Targets and Retains Operator for ...
MarketWatch (press release)
As announced on November 9th, 2012, Geo Finance Corporation entered into an option agreement with Armurtex Oil Corporation whereby Armurtex partnered with GEFI to acquire the property. The operator has identified the initial wells for rework and has ...
See all stories on this topic »
Strong drilling year seen in 2012 in US, Canada
Oil & Gas Journal
Operators in the US are for the most part maximizing efforts in plays for oil and wet gas and relaxing capital spending in dry gas areas. Horizontal drilling and hydraulic fracturing continue to be the primary drivers. Shale plays are at the fore of ...
See all stories on this topic »
Blackbird Energy Provides Update on Montney Horizontal Well Drilling and ...
MarketWatch (press release)
The Mathers-Gordon Prospect is a multi pay oil and gas prospect. Blackbird Energy is the operator of the prospect. In addition, Blackbird plans to actively look for further oil and gas properties for acquisition or potential joint ventures. ...
See all stories on this topic »
Exclusive: Hedge fund Velite nabs natgas crown from Arnold
Reuters UK
After earning a degree in industrial distribution from Texas A&M in 1988 and a stint at a Californian aerospace firm, Coolidge returned to Texas to reunite with his girlfriend, now his wife of almost 20 years. Within a year he was working for gas firm ...
See all stories on this topic »
US natural gas hedging: 2012 outlook
Risk.net
“We've also taken advantage of the current gas surplus to secure more storage capacity in the supply basins, where declining spreads have reduced the price of such arrangements.” This is not a first for this kind of deal. Oil and gas producer Anadarko ...
See all stories on this topic »

Risk.net
'Fight, fight, fight'
Tahlequah Daily Press
Dan Boren serves as co-chairman of the House Natural Gas Caucus, and his stepfather is an independent oil and natural gas producer in East Texas. According to the Times report, Boren has worked to block any move by federal regulators to thwart drilling ...
See all stories on this topic »
Concho Resources Inc. Schedules Fourth Quarter 2011 Conference Call for ...
MarketWatch (press release)
... is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The Company's operations are primarily focused in the Permian Basin of Southeast New Mexico and West Texas. ...
See all stories on this topic »
OGRE Systems, Inc. Announces the Appointment of Mr. Greg Hibbard as New CEO
Sacramento Bee
His education combined with a family legacy of oil and gas exploration, creates a unique comprehension of the oil and gas industry. OGRE Systems was founded in Dallas, Texas, in 1978. Unlike many reserves and economic software companies, ...
See all stories on this topic »
Stories appearing in Tuesday's edition
Quincy Herald Whig
GAS PRICES: The cost to fill up the gas tank in 2012 is higher than it has ever been this early in the year. Gasoline pump prices rose more than 3 cents to a national average of $3.35 according to AAA, Wright Express and Oil Price Information Service. ...
See all stories on this topic »
How Kurt Busch, Kyle Busch can repair their images in 2012
SI.com
Switching to an oil company last year allowed Kurt to come out of his Shell, but gas and oil probably doesn't resonate to a youngster like M&Ms. But, a little more fan engagement can help turn those jeers into cheers for both Busch Brothers. ...
See all stories on this topic »
Alcoa Posts Loss on Fewer Orders and Lower Prices
New York Times
Alcoa's performance can reflect global economic trends because its products are used in a wide range of businesses like aircraft, automobiles, commercial vehicles like semitrailers, construction and pipe for the oil and gas industry. ...
See all stories on this topic »
Energy Investing In 2012: How To Come Out On Top In Volatile Markets
Seeking Alpha
Our emphasis on MLPs, oil and gas royalty trusts, and Super Oils since summer has paid off; many of our favorite names outperformed over this period. § In volatile and highly correlated markets, investors tend to throw the baby out with the bathwater. ...
See all stories on this topic »
Crude, Gold, Copper, Aluminum Advance: Commodities at Close
BusinessWeek
The European benchmark contract was at a $10.92 premium to New York-traded West Texas Intermediate grade. The spread was a record $27.88 on Oct. 14. Crude markets: NI CRMKTS Futures were little changed in New York. Gas for February delivery rose 0.1 ...
See all stories on this topic »
A Fine for Not Using a Biofuel That Doesn't Exist
New York Times
The oil industry does not agree. Mr. Drevna of the refiners association argued that in contrast to 2007, when Congress passed the law, “all of a sudden we're starting to find tremendous resources of our own, oil and natural gas, here in the United ...
See all stories on this topic »

New York Times

Blogs 2 new results for texas oil and gas
Switch Is Flipped In Webberville, Texas: 30 MW Of Solar Now Online
By Marita Mirzatuny
If there are two things in Texas that we have plenty of, besides oil and gas, it's sunshine and pride and we are proud to have this solar farm on our soil. This entry was posted in Solar, Texas. Bookmark the permalink. Post a comment or leave a ...
Energy Exchange
Fuel Fix » Youngstown opens mills again as states jockey for ...
By Bloomberg
Oil and gas employment in the state increased by 18 percent to almost 238000 during the year ended Oct. 31 and now exceeds the peak of the last energy boom in October 2008, according to the Texas Petro Index, a survey compiled by ...
Fuel Fix

Web 3 new results for texas oil and gas
Texas Lawyers Set Their Sights on Oil and Gas Boom In Western ...
1/6/2012 The longest Marcellus Shale pipeline could be the one that stretches from the heart of Texas to Western Pennsylvania. The Sadler Law Firm, a.
www.wellsdrew.com/.../texas-lawyers-set-their-sights-on-oil-an...
Costar Midstream to acquire East Texas assets - Oil & Gas Journal
Costar Midstream LLC, Dallas, has acquired over 500 miles of natural gas ... and associated compression and treating assets in East Texas in a four-county area ...
www.ogj.com/.../costar-midstream-to-acquire-east-texas-assets...
Lighthouse Petroleum to Partner with Home Creek Energy of Texas
The letter of intent signed by Lighthouse Petroleum states the acquisition of 260 acres of oil and gas mineral rights in Haskell County, Texas. The mineral rights ...
www.investmentsinenergy.com/lighthouse-petroleum-to-partn...

2 comments:

  1. Look like LightHouse Petro just signed something with Home Creek Energy. Would be interesting to see if the transaction takes place.

    ReplyDelete
  2. visit us for oil field related consultation and services

    ReplyDelete