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Thursday, January 19, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 1.20.2012

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Texas Oil and Gas  -  News and Information
Local leaders applaud Mexican business
Laredo Sun
This past Friday the 13th, representatives of COMESA set up a booth at the Eagle Ford Shale job fair. Photo by Francisco Diaz/The Laredo Sun LAREDO, TX .- "The plan of this Mexican company looks very well and is very good for Laredo," said Miguel ...
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Laredo Sun
Alice City Leaders: State of the City Better Than Ever
KZTV Action 10 News
The discovery of the Eagle Ford Shale Oilfield sent the Alice economy sky-rocketing. Last year, the city had a $7 million surplus. It's the biggest budget surplus they've ever had, and city leaders expect that trend to continue. ...
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Kinder Morgan Q4 profit rises 16% on strong gas, coal volumes
Q4 transported volumes on KMP's natural gas pipelines rose 13% to 728.9 Bcf largely due to gas moving on the Fayetteville Express and strong Eagle Ford shale volumes moving on the company's Texas intrastates. Sales volumes were up 1% compared with Q4 ...
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Robstwon student welders take future in their own hands
Nueces County Record Star
We are going to have a shortfall of 5000 welders in the next five to ten years here in Corpus Christi, because of the Eagle Ford Shale, Las Brisas, Gulf Marine, the Container Ship Port, the L&G project in Gregory Portland, and the Chinese Pipe Mill. ...
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Anadarko plans new tower to accommodate growth
Houston Chronicle
The company is making The Woodlands location the main office for its Eagle Ford shale development program. The Woodlands Development Co. soon will begin construction of 3 Waterway Square Place. The 192000-square-foot, nine-story building will be at the ...
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Eagle Ford Shale new key to SA regional prosperity
San Antonio Express
By Elizabeth Ames Jones, Guest Commentary Projections in the great report “The Economic Impact of the Eagle Ford Shale,” published last year by the University of Texas at San Antonio (UTSA) have already been revised ... upward. ...
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How to Profit from the "Shale Oil Bubble"
Money Morning
(NYSE: DVN) shale projects. And Japan's Marubeni Corp., a commodities trader, agreed to pay $1.3 billion for a stake in Hunt Oil Co.'s Eagle Ford shale property in Texas. That's a clear sign to investors that interest in shale deposits among foreign ...
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Corpus Christi Area Measurement Society Announces 2012 School and Exhibition
MarketWatch (press release)
This year's event will focus on hydrocarbon measurement technologies for both gas and liquids that are most applicable to the rapidly expanding Eagle Ford Shale play of South Texas. Many of the CCAMS board members are heavily involved in this producing ...
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Hess Presents 2012 Capital Plan
Hess also plans to continue its activities in the Eagle Ford Shale in Texas and the Utica Shale in Ohio. Management has assigned almost $1.60 billion for production, which includes drilling wells at Shenzi and Llano fields in the Gulf of Mexico and at ...
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New York Could Allow Hydraulic Fracking By Year's End
International Business Times
Tunstall, who is helping to update a UTSA study on the growth and community impacts of the play's development, said he is working to help towns in several counties along the Eagle Ford Shale play in South Texas, faced with insufficient roads and ...
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International Business Times
MLPs See Growing Energy Profits From Shale
Seeking Alpha
In addition to conventional sources, its pipelines are located near many unconventional natural gas supply sources including the Haynesville Shale, Eagle Ford Shale, Barnett Shale, Bossier Sands, Fayetteville Shale and Caney Woodford Shale. ...
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Abundant Hydrocarbons Buried Underground: Out of Sight Out of Mind
By Al Fin | Tue, 17 January 2012 19:09 | 0 Bit Tooth Energy blog takes a fascinating look at petroleum creation and deposition at various depth, using the Eagle Ford shale play as an example. As a rough rule of thumb down to 15000 ft the hydrocarbon is ...
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Canaccord Genuity Maintains a 'Buy' on Rosetta Resources (ROSE); 2012: Year of ... (subscription)
"The apparent failure of the Alberta Basin Bakken should allow the company to focus on the highly productive Eagle Ford Shale rather than a less productive play constrained by a lack of services and infrastructure." Shares of Rosetta Resources closed ...
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Canaccord Genuity Maintains a 'Buy' on Pioneer Natural Resources (PXD ... (subscription)
Analyst, John Gerdes, said, "We remain buyers of PXD as operational momentum remains strong in the Eagle Ford Shale and Permian Spraberry Field. We are also fans of PXD's hedge book, which is one of the strongest in our coverage portfolio with ~60% of ...
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Why Qatar is a Threat to Natural Gas Prices
This is similar to the "liquids rush" that's going on in America, in plays like the Eagle Ford shale. And flies in the face of the "low prices will cure low prices" argument that some analysts are suggesting will soon boost the natgas market.
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Five Deep-Wells Shut in Ohio Following Eleven Earthquakes
In October, a similar incident occurred in South Texas when a 4.8 magnitude earthquake struck a centre point for natural gas and oil production in the Eagle Ford Shale. At that time, the correlation between pumping water back into the ground with ...
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Gas field is the future of the region
Laredo Sun
Andres Alcantar, Commissioner of Labor in Texas, predicted a bright future for the region in the vicinity of the Eagle Ford Shale; photographed here with Mayor Raul Salinas, the ruler and his assistants Carlos Villarreal Cindy Collazo and Jesus ...
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Laredo Sun
Goodrich Petroleum (GDP) Downgraded by Capital One to "Neutral"
In April 2010, the Company acquired 35000 net acres in the oil window of the Eagle Ford Shale. Goodrich Petroleum opened at 14.28 on Wednesday. Goodrich Petroleum has a 52-week low of $9.91 and a 52-week high of $23.80. The stock has a 50-day moving ...
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Global NuTech Signs LOI to Acquire Texas Gulf Oil and Gas, Inc
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- Global NuTech, Inc. (otcqx:BOCL) ( ) announced today that the company has signed a letter of intent to acquire Texas Gulf Oil & Gas, Inc, located in Houston, Texas. The primary assets of Texas Gulf ...
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Obama touts record domestic oil and gas production in wake of pipeline rejection
The Colorado Independent
Obama wants more time to study the potential environmental impacts of the proposed Keystone XL pipeline, which would transport tar sands oil from Alberta, Canada, to the Gulf Coast of Texas, and he also wants to identify an alternative route that ...
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PureSpectrum, Inc. Signs Joint Venture for Oil & Gas Drilling in Texas ...
MarketWatch (press release)
TORONTO, Jan 18, 2012 (BUSINESS WIRE) -- PureSpectrum, Inc. (PSRU - OTC Pink) announces today that it has signed a Joint Venture with Paradigm Oil & Gas, Inc. (otcqb:PDGO) for a 30 well re-entry drilling program in Navarro County, Texas. ...
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Aztec Announces Closing of XII-A Partnership
MarketWatch (press release)
About Aztec Oil & Gas, Inc. Aztec is an experienced oil and gas exploration, development and production company focusing on Texas, plus other areas of the US Its interests are highly diversified between development drilling and exploration drilling; ...
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Junior miner gets started in Texas, expands in NS
Junex has entered into a multi-well exploration agreement with a Texas oil and gas company targeting oil and gas reservoirs in Schleicher County, West Texas. Junex will earn a 25 per cent leasehold working interest in roughly 920 hectares of West Texas ...
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Oil, Gas and What a 'Boom' Means to Big-Energy Oklahoma
StateImpact Oklahoma
By Joe Wertz Oklahoma is a leading energy producer with an economy increasingly concentrated on the oil and gas industry, economists say. Oklahoma's unemployment rate is well below the national average, and it's among those adding jobs the fastest. ...
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Beach Deal Seen With Australia Shale 2% of US Value: Real M&A
19 (Bloomberg) -- Surging prices for shale gas and oil properties in the US are turning owners of deposits as far away as Australia into potential takeover targets. While shale assets in Texas sold at $25000 an acre this year and a holding in Ohio and ...
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Dunes Sagebrush Lizard Named One of 10 US Species Most Threatened by Fossil ...
Center for Biological Diversity (press release)
Dunes Sagebrush Lizard: The dunes sagebrush lizard is a candidate for listing under the Endangered Species Act due to impacts from oil and gas drilling on the Permian Basin in southeast new Mexico and west Texas. Habitat loss and degradation, ...
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Unconventional plays invigorate oil and gas industry
McLeansboro Times Leader
The application of horizontal drilling and multistage fracs kicked off the expansion of unconventional shale gas plays earlier this decade. Development of the Barnett Shale in north Texas, Haynesville Shale in Louisiana, Woodford Shale in Oklahoma and ...
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Oklahoma oil and gas prices: Jan. 19, 2012
Trilliant Energy Texas Ltd.; Bobcat No. 9-23 Well; C W1/2 SW1/4 NE1/4 of 23-18N-09E; Dry TD 2912. Ellis: Panther Energy Co. LLC; Winnie No. 18-3V Well; SE1/4 SW1/4 NE1/4 SW1/4 of 18-17N-22W; 8 barrels oil per day, 80000 cu-ft gas per day; TD 11417. ...
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5 Top-Notch Energy Names at Earnings Time
Motley Fool
Nevertheless, given my feelings about the importance of the energy sector in today's world, I suggest that we take a quick look at a few of the more attractive oil- and gas-related companies that are poised to provide quarterly information to investors ...
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They ask the community to report chemical spills
Laredo Sun
LAREDO, TX. -Steve Landin, fire chief , said it is troubling to have at least one hazardous chemical spill in a week, accidents involving trucks that bring waste from the oil and gas reservoir Eagle Ford Shale. He said companies that transport the ...
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INTERNATIONAL US: ReThink goes for Houston then the world
ReThink Recruitment Group has opened an office in Houston, Texas to serve the burgeoning oil and gas market. The new office is part of the company's plan for “global domination” in the energy sector, says a director of the company. ...
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Frack Market to Grow 19% in 2012 to $37 Billion
Fracking is the practice of pumping millions of gallons of high-pressure water, chemicals and sand underground to crack fissures in the rock so oil and gas can flow. “Fracturing has grown at a rate much faster than drilling because frack intensity ...
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Kinder Mulls Piecemeal Sale Of El Paso Exploration Unit
Wall Street Journal
Financial information for pieces of El Paso's oil-and-gas exploration and production assets is being circulated among potential buyers, in response to interest from some buyers in only parts of the business, these people said. ...
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Wall Street Journal
Newton Energy Partners, LLC Secures Additional $75 Million Equity Commitment
MarketWatch (press release)
With offices in Houston, Texas and Los Angeles, California, Kayne Anderson invests private capital primarily in high-growth oil and gas companies. For more information on Kayne Anderson's energy private equity investing, please visit ...
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Thursday's most followed: Tullow Oil, Magnolia Petroleum, ASOS, Kesa ...
Proactive Investors UK
The retail sector was in focus in London markets today thanks to another raft of Christmas trading reports, while oil and gas firms also drew interest with traders monitoring market reaction to yesterday's disappointing trading production from Tullow ...
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Proactive Investors UK
Magnolia Petroleum shares up on Hawkins Field Unit update
Proactive Investors UK
Gas production is expected to be raised to between 20000 and 25000 mcfs/d and the life of the field should be increased by up to 25 years. Oil and gas reserves at the field, previously reported, were gross 2P oil reserves of 29063.22 million barrels ...
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Proactive Investors UK
TransCanada 'Dead Money' If Keystone XL Can't Be Salvaged
10 it would delay a decision on granting a permit to the Keystone XL project to allow for more environmental study, TransCanada has lagged peers in the so-called midstream business of transporting oil and gas in pipelines, according to data compiled by ...
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MARKET WATCH: Mild weather drops gas prices; oil strengthens
Oil & Gas Journal
“The refining margins have been supported by the distillate crack rather than the gasoline crack, and the gas oil cracks are under pressure. The ICE gas oil February-March time-spread is moving to a small contango, and that is a big change from the ...
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Oilfield Instrumentation Expanding Rental Fleet in California
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- Oilfield Instrumentation, which provides real-time drilling instrumentation and engineering laboratories to the oil and gas community, announced the expansion of its Bakersfield rental fleet to accommodate increasing ...
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Natural Gas Falls to 10-Year Intraday Low: Commodities at Close
Brent oil for March settlement rose 38 cents, or 0.3 percent, to $111.04 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract's premium to West Texas Intermediate futures was at $9.71, compared with $9.90 yesterday ...
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The 10% Yielder You've Likely Never Heard of
When most people think of energy stocks, integrated oil and gas behemoths like Chevron (NYSE: CVX) usually come to mind. But while Chevron's 3% yield is nothing to laugh at, don't think for a second that's the best you can do. ...
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A Whiff Of Energy Prosperity May Be All We Get
Palisades Hudson Financial Group
Wages in natural-gas-related industries in Pennsylvania average $76036, compared with the state average of $46222, according to the Pennsylvania Center for Workforce Information and Analysis. As oil and gas companies invest more money in the region, ...
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Lufkin Industries Announces Acquisition of Datac Instrumentation and RealFlex
MarketWatch (press release)
Datac, based in Dublin, Ireland, is a solutions company serving the oil and gas, power, water and waste water, and transportation and marine industries that provides systems integration for supervisory control and data acquisition ("SCADA"). ...
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Blogs 10 new results for texas oil and gas
Educational Equity, Politics & Policy in Texas: Interactive ...
By Patricia Lopez
In 2009, according to workforce commission data, rotary drill operators — a job that primarily requires on-the-job training — could make an average annual wage of more than $72000 in the Texas oil and gas industry. That's more than the ...
Educational Equity, Politics...
Fuel Fix » Corbett will sign drilling emergency-response bill
By Associated Press
Dust permeates the air at a Chesapeake Energy Co. fracking operation at a well site near Carrizo Springs, Texas Thursday May 5, 2011. The site is over the Eagle Ford shale formation where oil and gas is being extracted in the area. Fracking ...
Fuel Fix
Obama rejects Canada-Texas oil pipeline | Virginia | onPolitix
Raising the stakes on a bitter election-year fight with Republicans, President Barack Obama on Wednesday rejected a Canadian company's plan to build a U.S.-spanning, 1700-mile pipeline to carry oil across six U.S. states to Texas refineries. ... "In the months ahead, we will continue to look for new ways to partner with the oil and gas industry to increase our energy security," Obama said. To underscore the point, Obama signaled that he would not oppose development of an oil ...
White House News - Virginia - onPolitix
Alfidi Capital Blog: Imperial Resources (IPRC) Nowhere Close To ...
By Anthony J. Alfidi
It's another Texas oil and gas play. Man, those things just don't quit, do they? There's always another country gentleman with a derrick coming out of the sagebrush down there. Okay, enough with the stupid humor already. You can guess what ...
Alfidi Capital Blog
Under Obama, Federal Oil and Gas Production Is Down 40%
By Rob Bluey
The vast majority of America's new oil and gas production is happening on private lands in states like North Dakota, Alaska and Texas. It's not that Obama is devoid of responsibility. His administration oversees oil and gas production on federal ...
The Foundry: Conservative Policy...
Wildlife Survival Threatened by Fossil Fuel Development
Dunes Sagebrush Lizard: The dunes sagebrush lizard is a candidate for listing under the Endangered Species Act due to impacts from oil and gas drilling on the Permian Basin in western Texas. Disturbance from well pads, leaking pipelines, ...
Obama to Reject Canada-to-Texas Keystone XL Oil Pipeline
By The Washington Times
"In the months ahead, we will continue to look for new ways to partner with the oil and gas industry to increase our energy security — including the potential development of an oil pipeline from Cushing, Oklahoma, to the Gulf of Mexico — even ...
Oil! | PolicyMap
By Bernie Langer
The top oil producing areas in this country are states like Texas, Alaska, and California (home of Daniel Plainview). On PolicyMap, you can look up the top areas of employment in the oil and gas extraction industry: ...
In Keystone XL Rejection, We See Two Americas At War With Each ...
By Joel Kotkin
The perspective in the Heartland areas and Texas, of course, is quite different. They regard basic industries as central to their current prosperity. Oil and gas, along with agriculture and manufacturing, have made these areas the fastest growing ...
Joel Kotkin
Hope across the state line—the human story of hydrofracing
By Marita Noon
Although he made his money in Texas oil, he says the oil and gas industry “will drive out good people.” In reality, the lack of industry is driving out good people like Julie Lewis and Hank Ferris who fear that the hoped for jobs and revenue may ...
Conservative Action Alerts

Web 10 new results for texas oil and gas
PureSpectrum, Inc. Signs Joint Venture for Oil & Gas Drilling in Texas
PureSpectrum, Inc. (PSRU - OTC Pink) announces today that it has signed a Joint Venture with Paradigm Oil & Gas, Inc. (OTCQB: PDGO) for a 30 w.
7th Annual YES Prep Texas Hold 'EM Oil & Gas Tournament | The ...
7th Annual YES Prep Texas Hold 'EM Oil & Gas Tournament. January 18, 2012 by Brittany Baize. image. We are so grateful for our generous 2012 Sponsors.
Pipeline Conflicts Grow as Industry Challenges Ruling | StateImpact ...
Things are heating up in the South Texas oil and gas boom between landowners and pipeline companies, the Wall Street Journal reports:Source: WsjPipeline ...
Global NuTech Signs LOI to Acquire Texas Gulf Oil and Gas, Inc
HOUSTON, Jan. 19, 2012 /PRNewswire/ — Global NuTech, Inc. (OTCQX: BOCL) ( ) announced today that the company has signed a letter of ...
With interest in oil and gas production rising along with the price of ...
Formation northwest of Abilene draws attention of oil exploration companies ... Texas Oil & Gas Association and vice president of Abilene-based Enrich Oil Corp .
Oil Field Jobs In Texas - Oil And Gas Jobs
Oil field jobs in Texas can give you the opportunity to explore talents like cooking and food decorations. You can also combine it with your ca.
Texas Allied Petroleum Makes Oil for the American Public
Texas Allied Petroleum is stated to work with around five hundred thousand barrels of oil and the same amount in cubic feet for natural gas in just around 24 ...
Peak Energy Resources, LLC - An independent oil and gas ...
Since its inception, Peak has acquired and successfully developed oil and gas properties in Texas, North Dakota, Wyoming, Nebraska and New Mexico.
"Howard Energy Partners - Oil & Gas - Deals and Alliances Profile ...
The company is based in Texas, U.S. Howard Energy Partners - Oil & Gas - Deals and Alliances Profile provides you an in-depth data and trend analysis of the ...
pipelines | Texas Oil & Gas
BY DANIEL GILBERT – Online WSJ. HOUSTON—Pipeline companies are asking the Texas Supreme Court to overturn a ruling they say jeopardizes new ...

Mineral owners want Hurst to ease drilling rules
Fort Worth Star Telegram (blog)
Mineral-rights owners in Hurst, with prodding from Chesapeake Energy, are urging city officials to relax rules regarding Barnett Shale natural gas drilling in the northeast Tarrant County city. This is only a preview. Your comment has not yet been ...
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Range Resources posts record fourth-quarter gas production
Fort Worth Star Telegram
CEO Jeff Ventura said the production increases represent "a terrific accomplishment by our team," given that the company sold most of its Barnett Shale operations in North Texas last spring. Fourth-quarter production averaged the equivalent of 625 ...
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Natural gas futures prices fall below $2.50 per million BTUs, lowest level in ...
Fort Worth Star Telegram (blog)
But the extremely low prices are seriously bad news for natural gas producers in areas such as North Texas' Barnett Shale, as well as for other companies such as drilling contractors that serve the industry. Tumbling natural gas prices also sharply ...
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Conoco CEO: Seeking Unconventional Gas, Oil Opportunities Globally
Fox Business
"We have large acreage positions, [are] active drilling and growing production in the Eagle Ford, Barnett and Bakken" shale formations, ConocoPhillips CEO Jim Mulva said in prepared remarks delivered at Rice University in Houston. ...
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Dallas Area's Much Closer to Rebounding From Recession Than Most of the Country
Dallas Observer (blog)
Says the report: From the Marcellus Shale in the Northeast to the Barnett Shale in northern Texas, natural resources and mining is projected to grow strongly. But energy-rich states such as Texas and Oklahoma in the West South Central region will also ...
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Dallas Observer (blog)
Range Resources says 4Q production up 16 percent
CBS News
Last April Range sold properties in Texas' Barnett shale region to focus on northeastern states. Fourth quarter prices for gas, gas liquids and oil averaged $5.44 per thousand cubic feet, up 2 percent from a year earlier.
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 Global NuTech Signs LOI to Acquire Texas Gulf Oil and Gas, Inc
PR Newswire
The primary assets of Texas Gulf include leases, options and interests in 19 oil wells throughout the Austin Chalk near Luling, Texas, as well as options on ...

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