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Friday, January 27, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 1.27.2012

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Texas Oil and Gas  -  News and Information
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NEWS RELEASE: Eagle Ford Task Force Finds South Texas Water ...
The data presented to the group indicated that drilling and completions in the Eagle Ford Shale account for approximately six percent of the water demand in ...
www.rrc.state.tx.us/commissioners/porter/press/012612.php
Eagle Ford oil producers still working out kinks - Argus Media
Houston, 26 January (Argus) — Eagle Ford shale producers and area refiners are still ... more information about Argus' energy news, data and analysis services .
www.argusmedia.com/pages/NewsBody.aspx?id=783640...
OilOnline - TRC OKs water usage for Eagle Ford
Latest Petroleum News ... The Eagle Ford Task Force (EFTF), appointed by Texas Railroad Commissioner David Porter, ... and December to discuss water quantity and usage as it relates to oil and gas production in the Eagle Ford Shale.
www.oilonline.com/default.asp?id=259&nid...
Acquire news: American Disposal Services, Ltd. Obtains ...
Acquire news: American Disposal Services, Ltd. Obtains Commercial Injection Well Permit in the Eagle Ford Shale,Read most current stock market news, Get ...
news.morningstar.com/.../american-disposal-services-ltd-obtai...
RIGZONE - TRC: Water Supply Adequate to Support Eagle Ford ...
BNP Paribas O&G Loan Sale is Bad News for Explorers Seeking Funds ... The Eagle Ford shale boom, which has resulted in a significant influx of drilling activity ...
www.rigzone.com/news/article.asp?hpf=1&a_id=114624


Laredo Bucks RESCHEDULE Eagle Ford Shale Industry Job Fair ...
Local News · Subscribe to this Section. 0. Votes. Interesting Article. Boring Article. Laredo Bucks RESCHEDULE Eagle Ford Shale Industry Job Fair. Sunday ...
laredosun.us/notas.asp?id=19818
Kinder Morgan Eagle Ford Shale Infrastructure Updates
Kinder Morgan provided an Eagle Ford pipeline and midstream update that included pipeline construction plans and a new condensate facility.
www.eaglefordshale.com/.../kinder-morgan-eagle-ford-infrastr...
Comparing Eagle Ford To The Bakken | Eagle Ford Shale
Everything Eagle Ford Oil & Gas Shale ... There has been much said of the Eagle Ford formation in Texas. ... January 21st, 2012 | Category: Eagle Ford News ...
eagleford.org/comparing-eagle-ford-to-the-bakken/



Clearer rules are needed, Eagle Ford Task Force says
FuelFix (blog)
Welding crews are busy laying pipelines such as this one east of Karnes City, Texas in order to get oil and gas extracted from the Eagle Ford shale formation to market. Pipelines are critical because hauling by truck is more expensive.
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FuelFix (blog)
Chesapeake Stalls Slide in Gas Prices With Cutbacks in Drilling
BusinessWeek
In the oil-rich Eagle Ford Shale of Texas, a third of output, or 2.5 million cubic feet per well a day, may be gas, said Hanold, the RBC analyst. That compares to 15 million cubic feet a day produced by the typical Haynesville gas well, he said.
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Higher Oil Prices Boost Conoco's Profit by 66%
Wall Street Journal
It said it expects to sharply increase production in the Eagle Ford Shale and the Permian Basin in Texas and the Bakken Shale in North Dakota. Conoco said some production from its Bohai Bay platform off China is still shut down despite a settlement ...
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Wall Street Journal

Web 3 new results for eagle ford shale news
South Texas Water Supply Sufficient - The Eagle Ford Shale Play
Eagle Ford Task Force - South Texas Carrizo Wilcox Aquifer has sufficient water resources for hydraulic fracturing (fracking), and oil & gas drilling activity.
www.eaglefordshale.com/.../eagle-ford-task-force-finds-south-...
Commissioners address Eagle Ford Shale issues - Wilson County ...
Commissioners address Eagle Ford Shale issues. Section A: General News news stories, headlines, articles, information about Wilson County and South Texas.
www.wilsoncountynews.com/article.php?id=40768...
TexCom's New Subsidiary, Eagle Ford Environmental ... - KRGV.com
... the responsible disposal of salt water generated by oilfield drilling operations in the Eagle Ford Shale. ... Channel 5 News • Breaking News • Breaking Stories ...
www.krgv.com/.../texcom-s-new-subsidiary-eagle-ford-enviro...


Oil and gas E&P Three Rivers files for $300 million US IPO
Renaissance Capital
Three Rivers Operating Company, an oil and gas E&P operating in Texas and New Mexico, registered with the SEC on Friday for a $300 million initial public offering. The Austin, TX-based company, which was founded in 2010, booked $124 million in sales ...
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Principal Technology, Inc., a Texas Corporation ("PTI"), Announces Sub-License ...
MarketWatch (press release)
It was immediately apparent that the relatively compact size of the CEFCO equipment and the extremely high SOx conversion efficiencies may change what oil and gas operators perceive as sulfur recovery. CEFCO SRS has the potential to greatly improve ...
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Why Not Drill for Natural Gas?
Moneyshow.com
Apache will pay $2.85 billion to buy Cordillera Energy Partners, a company with oil and natural-gas reserves in Oklahoma and Texas. Oil and natural-gas liquids make up 53% of Cordillera's production. In the deal, Apache will acquire 254000 net acres of ...
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American Disposal Services, Ltd. Obtains Commercial Injection Well Permit in ...
MarketWatch (press release)
HOUSTON, TX, Jan 27, 2012 (MARKETWIRE via COMTEX) -- American Disposal Services, Ltd., a commercial non-hazardous oil and gas waste management company, today announced the receipt of a commercial injection well permit from the Texas Railroad Commission ...
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Obama pushes energy plan on campaign-style tour
Reuters
Republicans were deeply upset by Obama's decision to block the Keystone XL Canada-to-Texas oil pipeline, which they say would have created jobs and reduced US dependence on oil from the Middle East. NATURAL GAS BOOM Obama's trip to Iowa, Arizona, ...
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Citigroup (C) Analysts Now Covering Cabot Oil & Gas (COG) Stock
LocalizedUSA
Equities research analysts at Citigroup (NYSE: C) initiated coverage on shares of Cabot Oil & Gas (NYSE: COG) in a research note issued to investors on Friday. They set a “buy” rating on the stock. Separately, analysts at Simmons downgraded shares of ...
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Texas Railroad Commission OKs draft rules on penalties
Times Record News
They include oil and gas regulations, pipeline safety regulations, Liquefied Petroleum (LP)-gas safety rules, Compressed Natural Gas (CNG) safety rules, Liquefied Natural Gas (LNG) safety rules and requirements relating to underground pipeline damage ...
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Modular Buildings to Meet Housing Needs in the Eagle Ford
PR Web (press release)
With the explosive growth in the demand for quarters and camps for the oil and gas industry, Ramtech Building Systems, Mansfield, TX has announced that the company is expanding their existing line of product offerings to provide additional modular ...
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PR Web (press release)
Boom in shale drilling slows Pa. crude oil industry
Yorkdispatch.com
OIL CITY, Pa. -- The deep gas play may be ramping up Pennsylvania's historic oil and gas patch, but it is putting a big hit on the traditional shallow oil drilling and production sprinkled profusely throughout the northwestern counties.
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After Well Fire in Pearsall, Unanswered Questions Remain
StateImpact Texas
According to the Texas Deer Association's website, Bailey is an avid hunter who “made a niche for himself in the oil and gas industry on the manufacturing end.” Online business directories list High Roller Wells and High Roller Whitetails at the same ...
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Chevron Posts Biggest Profit Drop in Two Years on Refining
BusinessWeek
Chief Executive Officer John Watson has been selling oil refineries and filling stations in Europe and Africa to focus on higher-profit crude production and natural-gas liquefaction projects. The company's US refineries lost an average $2.2 million a ...
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Canadian oil could reach Texas by summer if Keystone alternative found
Austin American-Statesman
the Canadian company that proposed building the $7 billion, 830000 barrel-a-day pipeline — has some ideas that could lead to moving oil from the oil sands region in northern Alberta, Canada, to the Gulf Coast of Texas without the blessing of the ...
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Strong economic reports in US push oil price to near US$100 a barrel
CanadianBusiness.com
THE CANADIAN PRESS/AP, Hasan Jamali NEW YORK, NY - Crude prices edged higher Thursday after new reports on jobs and manufacturing showed a steadily improving US economy that will need more oil and gas. Benchmark West Texas Intermediate crude rose 30 ...
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2 Dallas oil and gas firms planning IPOs
Dallas Business Journal
Cinco Resources Inc. is seeking to raise up to $172.5 million to support development of oil and natural gas in the Eagle Ford Shale of South Texas, the Powder River Basin of Wyoming and the Woodford Shale in Oklahoma. It intends to use a portion of the ...
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HARDING COMPANY AND HARDING ENERGY PARTNERS, LLC v. SENDERO RESOURCES, INC.
Leagle.com
Harding Company 2 contracted with Sendero Resources, Inc., to acquire oil and gas leases in a region of East Texas including parts of Nacogdoches, Angelina, San Augustine, Sabine, Jasper, and Newton Counties. Ted Walters is the president and sole ...
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RainChief announces LOI with Nueva Oil & Gas
Canada NewsWire (press release)
27, 2012 /CNW/ - RainChief Energy Inc. (OTCBB: RCFEF) today announced the execution of a Letter of Intent with Calgary-based Nueva Oil & Gas Corporation. The LOI covers a farm-in interest in the Gulf Jensen Prospect, an oil property located in New ...
See all stories on this topic »
Texas Railroad Commission deliberating new pipeline rules
Gas Business Briefing
The draft rules, which the three-member commission approved unanimously earlier this week, would amend the penalty guidelines the TRC uses to determine the penalties for safety violations involving oil, gas, liquefied petroleum gas, compressed natural ...
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US EPA's decision to truck water to four homes in Dimock, Pa., is just its ...
Environment & Energy Publishing
Another called EPA's Texas move a "frontal assault" on drilling. To the oil and gas industry, EPA's moves are a sign of the Obama administration's underlying hostility to domestic petroleum production and signal interest in increased federal regulation ...
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ConocoPhillips Seeks Oil, Gets Gas
Seeking Alpha
The problem is that while natural gas prices have dropped by half, oil prices remain high. COP is shutting-in natural gas production but pushing ahead in oil-heavy formations like the Bakken in North Dakota and Eagle Ford in Texas.
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Weir acquires upstream oil and gas valve provider Novatech
The Engineer
Based in Dallas, Texas, Novatech produces a wide variety of proprietary valves and valve seats for high-pressure applications such as frac, cement and mud pumps used in unconventional upstream oil and gas operations. Please do not complete the ...
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Three Rivers Files IPO Plans For Up To $300 Mln
Wall Street Journal
Three Rivers is involved in the exploration and production of oil and natural gas in the Permian Basin of west Texas and southeast New Mexico. The company's results have been significantly boosted by its acquisitions of oil and natural gas properties ...
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Natural gas outlook: Spot prices recover early-week losses
Pork Magazine
These areas include portions of shale formations such as the Eagle Ford in Texas, the Marcellus in Pennsylvania, and the Utica in Ohio, which underlies the Marcellus. Although both oil and gas prices dropped considerably from their 2008 highs, ...
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RUSS DUERSTINE: Obama trashing national values
San Angelo Standard Times
Only a dedicated socialist can believe taxpayer dollars thrown away on failures such as Solyndra and other green energy scams are preferable to traditional oil and gas companies. Traditional energy companies create and employ thousands of people, ...
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Blackbird Energy Announces Second Montney Horizontal Well Operational Update ...
MarketWatch (press release)
VANCOUVER, BRITISH COLUMBIA, Jan 27, 2012 (MARKETWIRE via COMTEX) -- Garth Braun, CEO of Blackbird Energy Inc. /quotes/zigman/1541367 CA:BBI +5.56% is pleased to provide an operations update on its Bigstone Montney high natural gas liquids resource ...
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Lawmakers host oil and gas open house in Weiser
The Idaho Statesman
Washington County residents will get a chance to hear from state officials about the proposed oil and gas laws and regulations under development this legislative session. An open house is scheduled with legislators and state agency officials at the ...
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Dawson Geophysical to Issue First Quarter 2012 Results and Hold Investor ...
MarketWatch (press release)
Founded in 1952, Dawson acquires and processes 2-D, 3-D, and multi-component seismic data solely for its clients, ranging from major oil and gas companies to independent oil and gas operators as well as providers of multi-client data libraries.
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Oil service companies cut Canada drilling forecast
Reuters Canada
PSAC said it expects natural gas to average around C$3.25 ($3.25) per mmBtu this year, and West Texas Intermediate oil to average $90 a barrel. The group had previously forecast a 10 percent increase in wells drilled across the country, based on strong ...
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Eagle Rock Announces 5% Increase in Fourth Quarter 2011 Cash Distribution and ...
MarketWatch (press release)
... and crude oil logistics and marketing; and (ii) the business of developing and producing hydrocarbons in oil and natural gas properties. Its corporate office is located in Houston, Texas. This news release may include "forward-looking statements.
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Pain at the pump: Gas prices up 3 cents in Houston
Your Houston News
The average price for a gallon of regular unleaded gasoline in Texas is two cents more than the average last week, according to the AAA Texas Weekend Gas Watch, with Houston three cents higher. The current statewide average is $3.25, with Houston at ...
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Lucas begins drilling of Hagen Ranch Unit No.1HST well in Texas
Energy Business Review
Oil and natural gas firm Lucas Energy has commenced drilling of the Hagen Ranch Unit No.1HST well in Gonzales County, Texas. The company is now drilling the well with joint venture partners and this well is a new lateral from an old horizontal well in ...
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Houston American Energy Corp (HUSA) Downgraded by Zacks Investment Research
LocalizedUSA
The Company's oil and gas exploration and production activities are focused on development of concessions in the South American country of Colombia and development of properties in the United States onshore Gulf Coast Region, Texas and Louisiana.
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GeoResources: One Of The Stronger North American Shale M&A Targets
Seeking Alpha
Located in southern Texas, the Eagle Ford Shale comprises three distinct windows: The northernmost reaches produce crude oil; the central part produces NGLs and gas; and the southernmost portion contains mainly dry gas. To date, much of the development ...
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How Gas Drilling Has Changed South Texas
StateImpact Pennsylvania
By Scott Detrow Rancher Tim Pennell says you need only look out the window in DeWitt County to see what “fracking” has brought to the gently rolling terrain of South Texas. “If you want to work, you come to DeWitt County and you can damn sure get a job ...
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Three Rivers files for IPO of up to $300 mln
Reuters
Three Rivers is engaged in the exploration, development, production and acquisition of oil and natural gas in the Permian Basin of West Texas and southeast New Mexico and aims to list its shares on the New York Stock Exchange under the symbol "TROC".
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Plains All American Announces New Bakken Area Gas Processing Plant
MarketWatch (press release)
"The addition of gas processing and fractionation capability at our Ross Complex complements our expanding Bakken area crude oil and NGL operations, strengthening PAA's ability to provide a wide range of services for hydrocarbons produced in the region ...
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Southwestern Energy, other gas stocks rise
CBS News
BMO said Southwestern will soon announce results from test wells in the Lower Smackover Brown Dense oil formation of southern Arkansas and northern ...
Minefinders, EXCO and Range Resources Lead Big Percentage Winners ...
Wall St. Cheat Sheet
Price revisions decreased proved reserves by just 0.4 Bcfe as lower gas prices ... and exploration efforts in the Lower Smackover Brown Dense oil formation.


Beebe unsure about severance tax support
The City Wire
Beebe told The City Wire that the recently announced potential for oil and natural gas in the Smackover Brown Dense Formation in south Arkansas has caused ...

Chesapeake to slash drilling operations in Barnett Shale
Fort Worth Star Telegram
2 producer in the Barnett Shale, plans to slash its drilling activity in North Texas in half because of the lowest natural gas prices in a decade. Oklahoma City-based Chesapeake said today that it expects to pare back its drilling operations to six ...
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Range Resources' proved reserves reach 5.1 tcfe
Dallas Business Journal
The company said that represents a 14 percent over 2010, and that adjusting for the sale of its Barnett Shale properties, Range's increase would have been 43 percent. Range said that finding and displacement costs from all sources are expected to ...
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What's in Store for Encana in 2012?
Motley Fool
Here are some things to watch in 2012: Encana should continue its divestiture program aimed at selling mature assets such as the Barnett shale, along with various midstream assets. These moves are meant to rebalance the portfolio toward emerging ...
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Chesapeake Cuts Natural-Gas Output, Drilling on Prices
BusinessWeek
Chesapeake will “immediately curtail” output of 500 million cubic feet a day and idle half its drilling rigs in fields that produce only gas by the second quarter, including the Barnett Shale of Texas, the Marcellus Shale and the Haynesville Shale.
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No More Slow Boat To China For US Liquefied Natural Gas
AOL Energy
The Gulf region hosts the US's largest concentration of natural gas pipelines and storage facilities, serving conventional wells on- and off-shore plus gas shales like the Barnett in Texas and the Haynesville in Louisiana. But prices at Louisiana's ...
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Berks Gas Truth hosts speaker Deborah Rogers
Boyertown Berk Montgomery Newspapers
She was appointed in 2011 by the Texas Commission on Environmental Quality to a task force reviewing placement of air monitors in the Barnett Shale region in light of air quality concerns brought about by the natural gas operations in North Texas.
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