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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

Thursday, February 02, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 2.2.2012

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Texas Oil and Gas  -  News and Information
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Capstone Receives Follow-on Order for 31 C65 Microturbines From Large ...
MarketWatch (press release)
The 102 microturbines will use natural gas to generate clean-and-green prime power for Lease Automatic Custody Transfer (LACT) units and transfer stations at remote well sites in the Eagle Ford Shale play. "This follow-on order indicates that Capstone ...
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Town hall meeting to look at fracking, toxic emissions from Eagle Ford Shale
Victoria Advocate
The Neighbor to Neighbor Town Hall meetings are designed to give people a place to hear and discuss different sides of various issues surfacing around the Eagle Ford Shale oil boom that is thundering through the Crossroads.
See all stories on this topic »
Shell outlines aggressive growth strategy
Financial Times
Most of that would be spent in Texas's Eagle Ford shale, which Shell entered in 2010. Mr Voser said Shell was planning to produce 250000 barrels a day from its tight oil properties in five years' time. Shell's basic CCS earnings per share for the ...
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Matador Resources prices IPO at $12, below the range
Renaissance Capital
Matador Resources, an oil and gas E&P focused on the Haynesville and Eagle Ford shales, raised $160 million by offering 13.3 million shares at $12, below the range of $14 to $16. Matador Resources plans to list on the NYSE under the symbol MTDR.
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5 High Yielding Energy Preferred Stocks
Seeking Alpha
The Company is presently active in 3 shale resource plays in North America, namely the Marcellus Shale, Eagle Ford Shale and Williston Basin/Bakken Shale. Here is the recent company presentation. Double Eagle Petroleum (DBLE) (Cumulative Series A) is ...
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Economic News Week
Blanco County News (blog)
In any case, they met publicly and privately to discuss water quantity and usage related to oil and gas production in the Eagle Ford Shale. The task force has concluded that South Texas' Carrizo-Wilcox aquifer contains enough water resources to support ...
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New Law Aimed At Fracking Industry Takes Effect
KGNS
Commissioner Jaime Canales, who serves on a board to oversee activity of Eagle Ford Shale says the new law is a good move that he says will put people more at ease about what's being done in South Texas. “I think its very important that they're aware ...
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Core Lab Reports Q4 2011 EPS Of $1.11; Q4 2011 EPS Up 32% And Net Income Up 29 ...
Daily Markets
Operations also continued to add formations to the Worldwide Oil and Natural Gas Shale Reservoir Study, including potential oil-shale reservoirs from Argentina, North Africa, the Middle East, and China. The Company's Eagle Ford Shale Study now has 38 ...
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Dawson Geophysical's CEO Discusses F1Q12 Results - Earnings Call Transcript
Seeking Alpha
We continue to have a balance of portfolio projects in Eagle Ford Shale, Niobrara, Bakken, Barnett, Permian and Mid-Continent with some activity continuing in the Marcellus Shale. Balance sheet was $72 million of working capital and low debt position.
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Marathon Oil: Field Maintenance To Slow Libyan Oil Output Ramp-Up
Fox Business
Separately, the company said it expects to continue upgrading its portfolio through selective acquisitions in core areas such as Texas's Eagle Ford Shale and North Dakota's Bakken Shale. Marathon also plans to divest non-strategic assets, ...
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3 High-Yield Stocks with Major Growth Prospects
StreetAuthority
Last year, for instance, it acquired a processing plant serving the Haynesville shale field for an undisclosed amount. It's also constructing a $300 million processing plant that will serve the Eagle Ford shale play. Revenue rose 14% to $5 billion in ...
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STRIKE OIL LIMITED : Appendix 3B - Placement and Entitlement Offer
4-traders (press release)
The proceeds from the Placement and the Entitlement Offer will be used for funding oil and gas exploration for projects in the USA and Australia, specifically the Eagle Ford Shale, Texas and the Cooper Basin, South Australia, and to provide additional ...
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Over a Million Gallons of Water Sold From Spicewood Beach Before it Ran Dry
StateImpact Texas
It has a map on that page of where it provides water in the Eagle Ford Shale (a hotspot of fracking for natural gas and oil). We have asked the LCRA for more information on how Wildcat used the water it purchased from Spicewood Beach, and will update ...
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Bergstrom Takes 101461 SF in San Antonio
CoStar Group
... of CBRE represented the landlord, Dexus San Antonio Industrial LP. Commenting on the transaction, Transwestern's Wolff said, "This lease is a good reminder that there are still opportunities outside of the Eagle Ford Shale that are worth pursuing."
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Breitling Oil and Gas Announces Spud of Breitling-Limelight #1 in Hardeman ...
MarketWatch (press release)
IRVING, Texas, Feb. 2, 2012 /PRNewswire via COMTEX/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Limelight #1 on January 28, 2012 in Hardeman ...
See all stories on this topic »
Spicewood Energy Management, LLC (SEM) Announces the Formation of Spicewood ...
MarketWatch (press release)
SPICEWOOD, TX, Feb 02, 2012 (MARKETWIRE via COMTEX) -- Spicewood Energy Management, LLC (SEM) is a Texas based oil and gas company that has offices located in Spicewood, Texas and Port Aransas, Texas. SEM will manage oil and gas investments through ...
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/ CORRECTION - Xtreme Oil & Gas to Be Featured on The Money Channel With Steve ...
MarketWatch (press release)
PLANO, TX, Feb 02, 2012 (MARKETWIRE via COMTEX) -- In the news release, "Xtreme Oil & Gas to Be Featured on The Money Show With Steve Crowley," issued earlier today by Xtreme Oil & Gas, Inc., we are advised by the company that the name of the radio ...
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Caza Oil & Gas Provides Operational Update
MarketWatch (press release)
HOUSTON, TEXAS, Feb 02, 2012 (MARKETWIRE via COMTEX) -- Caza Oil & Gas, Inc. ("Caza" or the "Company") /quotes/zigman/40559 CA:CAZ -9.38% (aim:CAZA), the exploration, appraisal, development and production company, is pleased to provide an operational ...
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Global NuTech Announces Name Change to Texas Gulf Energy, Incorporated
MarketWatch (press release)
Global NuTech, Inc. recently announced the acquisition of Houston, Texas based Texas Gulf Oil & Gas, Inc. from private equity firm Corporate Strategies Merchant Bankers, which included individual oilfield producing interests, assets and options ...
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United American Petroleum Corp. Provides Annual Review for Fiscal Year 2011
MarketWatch (press release)
By increasing our reserve base, we strengthened our presence in the oil and gas industry while increasing our market exposure. In January 2011, we announced the acquisition of certain oil and gas interests throughout Texas from Patriot Minerals, ...
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Breitling Oil and Gas Corp begins drilling of Texas well
Energy Business Review
Breitling Oil and Gas Corporation has commenced drilling of the Breitling-Limelight #1 well in Hardeman County in the US state of Texas. The well is being drilled to approximately 8300' and is targeting the Mississippian Chappell.
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Intervale Capital Invests in Allied Oil & Gas Services
MarketWatch (press release)
FORT WORTH, Texas, Feb. 1, 2012 /PRNewswire via COMTEX/ -- Allied Oil & Gas Services, a cementing and acidizing business headquartered in Fort Worth, Texas, has been acquired by Intervale Capital, a private equity firm focused on investments in ...
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Gas producer Quicksilver slashes CAPEX due to low prices
Gas Business Briefing
The Fort Worth, Texas-based independent looks to spend approximately $370m this year for drilling and completion and related oil and gas activities, down from $696m one year ago. The projected spending includes roughly $302m for drilling and completion ...
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Grid Petroleum Corp. - Completes Negotiations for New Area of Interest.
MarketWatch (press release)
/quotes/zigman/580626 GRPR +11.11% The Company is pleased to announce the finalization of negotiations for the acquisition of a private holding company, with oil and gas interests in a 5000-acre tract of land in central Texas. The underlying oil and ...
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Oil/gas will weaken the economy
Delta County Independent
Natural gas prices are at a 10-year low. Massive fields have been discovered in North Dakota, Pennsylvania, New York, Texas and elsewhere. Oil and gas developers are cutting back on drilling.Leaseholders are already holding thousands of leases that ...
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Geologist shares insights into Teton County oil and gas development at Choteau ...
Great Falls Tribune
It was a busy week for Summit West Oil, LLC with permits granted to the company for eight new locations in Big Horn County. The New Locations approved by the Montana Board of Oil and Gas are: the Tribal 010810 (SE NE 10-5S-25E); the Tribal 10121 (NE NE ...
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Texas Environmental Update - February 1, 2012
JD Supra (press release)
TEXAS RAILROAD COMMISSION Drillers Must Now Disclose Fracking Chemicals Fort Worth Star-Telegram, January 31, 2012 "A new Texas Railroad Commission rule requiring oil and natural gas operators to publicly disclose the chemicals used in hydraulic ...
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Fracking Rules on U.S. Lands Seen by Interior as State Model
Bloomberg
Enlarge image Fracking Fracking Mark Ovaska/Redux Men work on a Cabot Oil & Gas drilling rig located in Susquehanna County Pennsylvania. Federal rules for fracking on public lands, set to be released in a few weeks, may serve as a model for states to ...
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Bloomberg
Shell boosts dividend, plans to develop US gas assets, despite mediocre fourth ...
Washington Post (blog)
AMSTERDAM — Royal Dutch Shell PLC's top executives dismissed weaker than anticipated fourth quarter earnings as a blip and said Europe's biggest oil company would embark on a new program to boost production, with an eye-catching emphasis on US natural ...
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'Windfall tax' on shale drillers proposed to deal with fracking
Columbus Business First (blog)
Oil and gas-rich Texas has a 7.5 percent tax on natural gas and 4.6 percent on liquids. As I reported in the paper last week, Ohio's severance and property taxes on natural gas work out to about 2 percent. Gov. John Kasich has said the state needs to ...
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Cross Border Resources Provides 2011 Production Exit Rate and Sets Spending ...
Sacramento Bee
1, 2012 -- /PRNewswire/ -- Cross Border Resources, Inc. (OTCQX: XBOR) ("Cross Border" or "the Company"), a San Antonio-based oil and gas exploration and production company, today announced that it exited January 2012 producing 500 barrels of oil ...
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Oil business key topics of N2N meeting in Cuero
The Gonzales Cannon
... the horizontal drilling and fracking process being used in Texas' shale areas today. She currently serves as an Advisor to the City of Dallas Task Force in their process of developing regulations for the oil and gas industry in the Barnett Shale.
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PetroQuest Energy 2011 Year-End and Fourth Quarter Financial Results
Virtual Press Office (press release)
PetroQuest Energy, Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow waters of the Gulf of Mexico.
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Australia's Buccaneer Energy buys into Alaska's Cosmo oil and gas field
Platts
Australia's Buccaneer Energy has teamed up with a privately owned US company to purchase an undeveloped oil and gas field in Alaska's Cook Inlet for an undisclosed sum, it said in a statement Thursday. Under the terms of the deal, Fort Worth, ...
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Richard F. Lane Joins Tamboran Resources as Deputy Chairman
PR Web (press release)
Richard Lane is President, CEO, Founder, and Chairman of the Board of Directors of Virtruvian Exploration LLC in The Woodlands, Texas. Virtruvian is a successful explorer and developer of unconventional oil and gas resource projects in the United ...
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PR Web (press release)
Out in the Open: Fracking Water and Chemical Use Disclosed Across Texas
KOSA
New state regulations require oil and gas companies to list the chemical name and amount used in their hydraulic fracking process. The ingredients can be found by each pump location at a new website called fracfocus.org. "If people don't research it ...
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KOSA
Oil Patch Bucks Income Drop
Wall Street Journal
By BRENDA CRONIN Oil and gas propelled resource-rich states through the recession, while manufacturing losses and the housing bust ripped a hole in the Rust Belt that has yet to be repaired. WSJ's Brenda Cronin makes a stop on Mean Street to discuss a ...
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Events of 2011 Shape the O&G Industry in 2012
MarketWatch (press release)
Global politics, midstream capacity, new domestic sources of crude, environmental concerns, the shale gas boom and natural gas pricing market are reshaping the oil and gas industry moving forward. "As oil and gas activities have become more global in ...
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Insight: Oil industry sees no threat from electric car
eco-business.com
By : Reuters Exxon Mobil, the biggest oil and gas company in the world, says the continued high cost of electric vehicles compared to petroleum cars, means take-up won't even increase much during the 2030s. Image: Carsdirect.com The biggest oil ...
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Buccaneer acquires inlet leases
Kenai Peninsula Online
By Molly Dischner The independent oil and gas company operating onshore in Kenai and offshore the inlet announced Wednesday it has a purchase and sale agreement for two leases in southern Cook Inlet. The leases are in shallow water offshore from Anchor ...
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Digerati Announces VAR Partnership With ADT Systems
MarketWatch (press release)
ADT is serving the rapidly expanding Eagle Ford Shale area in South Texas. The Eagle Ford is a booming shale play spurring the development of oil and gas properties with over 200 active operators including Shell, Exxon, ConocoPhillips, and BP.
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Pioneer Natural Resources Reports Year-End 2011 Proved Reserves and Finding Costs
MarketWatch (press release)
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations primarily in the United States. For more information, visit Pioneer's website at www.pxd.com .
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TEXAS CENTRAL BUSINESS LINES CORPORATION v. CITY OF MIDLOTHIAN
Leagle.com
Since 2002, TCB has been in the business of transloading on various portions of a 600-acre industrial park owned by Texas Properties Trust. MAALT, LP, is a trucking company servicing the oil and natural gas industry. It provides transloading services ...
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Blogs 6 new results for texas oil and gas
Breitling Oil and Gas Announces Spud of Breitling-Limelight #1 in ...
By Breitling Oil and Gas Corporation
Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Limelight.
SEOPressReleases
Caza Oil & Gas looks at horizontal option in New Mexico ...
Based in The Woodlands, Texas, Caza Oil & Gas, Inc. is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast, South Louisiana, Southeast New Mexico and the Permian Basin of West ...
Proactiveinvestors USA & Canada website
Biztalk Developer (Houston, Texas, USA) — All jobs (page 2)
As this is with a large oil and gas company, it would be a plus if potential candidates had previous oil and gas experience and domain knowledge. As our Client ... 02 Feb 2012, Survey Tech, Fort Worth, Texas, USA. 02 Feb 2012, Haul Truck ...
All Jobs — RSS Feed - Misco Jobs
Richard F. Lane Joins Tamboran Resources as Deputy Chairman
By admin
Houston, TX (PRWEB) February 02, 2012. Global unconventional Oil and Gas Explorer Tamboran Resources Pty Ltd (“Tamboran”) is very pleased to announce that Richard F. Lane, a highly successful energy executive, has joined Tamboran ...
EnviroLib
Quicksilver's 2012 Capex Guidance
By Zacks Investment Research
Based in Fort Worth, Texas, Quicksilver Resources engages in the acquisition, exploration, development production and sale of oil and gas sourced from unconventional and onshore natural gas reserves in the North American continent.
DailyMarkets.com
Vast network of pipelines already in place in U.S.
By StudentNewsDaily.com
Several energy experts who represent the oil and gas industry say the controversial Keystone XL, a 1700-mile pipeline that would run from Canada to Texas, poses less of a risk to the environment than the estimated 50000 miles of crude oil ...
Student News Daily

Shale Oil Revolution Comes To Eagle Ford Texas
Daily Markets
“Over the past two years, some 30 companies have moved in to a shale prospect in South Texas called the Eagle Ford that could add 420000 barrels per day (bpd) to US crude oil production, nearly matching the output of OPEC member Ecuador.
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Fountain Quail's technology successfully deployed in shale oil plays
PennEnergy- Energy News (press release)
... Fountain Quail Water Management LLC, a wholly owned subsidiary of Aqua-Pure Ventures, Inc. (TSXV: AQE), has been treating flowback and produced water from shale oil drilling at its recycling facilities in South Texas' Eagle Ford Shale.
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Sky Is the Limit for This Energy Small Cap
DailyFinance
MHR was a hard-working stock in the fourth quarter, bringing four wells online in the Eagle Ford shale, three wells in the Williston Basin, and four wells in the Marcellus shale. The company reports that the liquids profile of its Marcellus gas is one ...
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PetroQuest Energy Updates Operating Activities and Hedging and Provides 2012 ...
MarketWatch (press release)
In South Texas, the Company completed two non-operated Eagle Ford Shale wells (NRI - 19 %) located in La Salle County. The wells achieved 24 hour maximum gross daily production rates of 725 Boe/d (70 % oil) and 505 Boe/d (69% oil), respectively.
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Enterprise Reports Record Results for the Fourth Quarter and Full Year 2011
MarketWatch (press release)
We benefited from production growth in the Rocky Mountains, Haynesville and Eagle Ford shale plays, and from increased demand for NGLs by the US petrochemical industry and international customers. Our integrated system handled record or near record ...
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Marathon Oil Corporation Reports Fourth Quarter and Full-Year 2011 Results
MarketWatch (press release)
We completed the spin-off of our downstream business into an independent company and closed a major acquisition giving us a top-five acreage position in the core of the Eagle Ford Shale, the premier US liquids resource play. With our highest level of ...
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Enterprise reports 21 percent rise in profits for 4Q
FuelFix (blog)
The strong performance reflected the sharp increase of natural gas production in the Rocky Mountains, Haynesville and Eagle Ford shale plays, said Michael Creel, president and CEO of Enterprise. “Enterprise had another record year in 2011,” Creel said ...
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FuelFix (blog)
IPO Preview: Platinum Energy Solutions
Seeking Alpha
(HK), where Platinum Energy is providing services in the Eagle Ford Shale in southern Texas. Encana and Petrohawk (which represented an estimated 80% to 90% of FRAC's total 2011 revenues and which FRAC anticipates will likely represent a significant ...
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New State Law Targets Fracking Industry
Energy Tribune
"Probably 99 percent don't and I'm among those 99 percent," said Virgil Herndon, who recently opened a used car dealership in Floresville. The high-pressure process is behind the boom over the Eagle Ford shale formation far underground.
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US on brink of strong oil, gas growth, Senate panel told
Oil & Gas Journal
More production from the Bakken and Eagle Ford shales will help the US lead this liquids growth, he said in his prepared statement. “There are several other shale areas that are just starting to be drilled, and if those prove as prolific, ...
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Helmerich & Payne's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Seeking Alpha
The 3 newly contracted rigs are expected to be utilized in the Eagle Ford Shale, the Bakken Shale and the Permian Basin, and all 3 are FlexRig3s. Of the 40 remaining under construction, approximately 30 are expected to be delivered in fiscal year '12 ...
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Occupational Therapy Firm Fit For Work Taps Into Shale Demand
PR Web (press release)
Schertz-based occupational therapy consultant Fit For Work next week will open a location to serve the booming Eagle Ford Shale oil-and-gas play. "Eighty-three percent of the people we see on-site for early intervention never need to go into the health ...
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PR Web (press release)
Energy Sector Review: Comstock Drilling, Oil Prices Going Up
Wall St. Cheat Sheet
During 2011 Comstock moved two rigs to its oil focused Eagle Ford shale drilling program and released three rigs. Comstock plans to move the remaining two natural gas directed rigs to its newly acquired properties in West Texas in February and in early ...
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Oil and Gas report: 01.31.12
Corpus Christi Caller Times
Talisman Energy USA of Spring has filed for permits to drill two 11250-foot horizontal wells in the Hawkville (Eagleford Shale) field. The Nos. C 1H and C 2H Green Swaim will both be located 4.8 miles northwest of Tilden in Section 65 of the BS&F ...
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Devon focuses Barnett drilling on liquids
Dallas Business Journal
Chesapeake (NYSE: CHK) announced last week that it had reduced drilling from 13 rigs to six rigs in the Barnett Shale. The Oklahoma City-based company cited low gas prices and its decision to redirect resources to liquids-rich plays like the Eagle Ford ...
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Charitable giving jumps in Texas, nationwide
Dallas Business Journal
"The unemployment rate in Texas is lower than it is in much of the rest of the United States, there is an increasing population in Texas and you have some major economic development happening — especially in the Barnett Shale and the Eagleford Shale ...
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New state law targets fracking industry
KSAT San Antonio
The high-pressure process is behind the boom over the Eagle Ford shale formation far underground. The industry reports water, sand and chemicals are injected, fracturing the rock to release pockets of oil and gas. Although encouraged by the move toward ...
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PanGeo Subsea and Global Geophysical Services Form Acoustic Zoom Joint Venture
MarketWatch (press release)
The development partners believe this technique will be particularly well suited to the unconventional "tight" reservoirs such as the Eagle Ford formation of South Texas and the Marcellus shale play (Appalachia) where understanding natural and ...
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Hess Corp (HES) Shares Given a "Neutral" Rating by Zacks Investment Research ...
LocalizedUSA
However, strong growth throughout the Bakken oil shale play, along with robust holdings in the Eagle Ford Shale and the Utica Shale, are expected to lift Hess's earnings, cash flow and valuation. Moreover, the company exhibits a strong financial ...
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Tuesday's most followed: ARM Holdings, SSE, Global Petroleum, San Leon Energy ...
Proactive Investors UK
The company holds a 7.939 percent working interest in 1651 acres beneath the Olmos formation, which includes the Eagle Ford shale. Total combined production from the nine producing Olmos vertical wells in Global's 15 percent owned Olmos reservoir stood ...
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Proactive Investors UK
Tres Palacios' Copano plant interconnect slated for FERC EA
Gas Business Briefing
The Copano plant processes gas produced from the Eagle Ford Shale, and would send refined natural gas via the proposed line to Tres Palacios' storage and wheeling facilities. There, gas would either be sent to the 10 interstate and intrastate pipeline ...
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Jobs and petrol prices weigh on US confidence
FuelFix (blog)
Dan X. McGraw: Curious, you are talking about different business models — refining vs. exploration and... curiousgeorge2: why shut down them down. Why are they doing all the drilling in the Eagle Ford Shale. You drive... Dan X. McGraw: Marko, ...
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CPS sets $1.38 billion budget for '13
San Antonio Express
Once it acquires the plant, CPS plans to buy natural gas from producers in the Eagle Ford Shale in South Texas. “We have made a bid (on a plant), but it's not a done deal yet,” Lewis said. CEO Doyle Beneby said the utility is ending the year with its ...
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Magnum Hunter Building Out Appalachian Assets
NGI's Shale Daily (subscription)
Once "Mobley 2" is in service later this year, Eureka Hunter expects to have more than 90000 Mcfe/d of capacity on its system (see Shale Daily, Oct. 6, 2011). Magnum Hunter brought four gross Eagle Ford Shale wells online in 4Q2011, averaging 1200 ...
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Magnum Hunter Reports Fourth-Quarter 2011 Results
Oil and Gas Investor (registration)
... today an operational update on each of the Company's three upstream unconventional resource plays for the fourth quarter of 2011 which include (i) the Eagle Ford Shale, (ii) the Williston Basin, and (iii) the Appalachia/Marcellus/Utica Shale.
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Allied Feeds celebrates 30 years in business
Victoria Advocate
Last year, especially, saw a boost from ongoing Eagle Ford Shale activity, Gossett said, and December was one of the company's best months ever. "People are spending more money now because they have it," he said, noting people are updating their homes ...
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Victoria Advocate
Asphalt Biz Drags Down NuStar 4Q
Zacks.com
However, these factors were more than offset by higher pipeline revenues as a result of tariff adjustment and additional sales generated by the Eagle Ford shale projects. As a result, segment operating income increased slightly (by 0.6%) year over year ...
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Pickens' Plan, Obama's Energy Initiatives And Opportunities For Investors
Seeking Alpha
GDP has shale drilling operations in Eagle Ford, which is one of the more profitable drilling areas. When the company released its 2012 growth and spending guidance, it reported a reduction in per-well costs of $2.5 million and also announced plans ...
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Natural gas fluctuates on revised forecasts of milder weather
Worcester Telegram
“These gains in production can partially be explained by new wells and continuous drilling in the Marcellus, Eagle Ford, and Haynesville shale plays,” the Energy Department said. Gas inventories totaled 3.098 trillion in the week ended Jan.
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Global Petroleum Ltd provides quarterly report
OilVoice (press release)
Global has a 7.939% working interest (5.95% NRI) in approximately 1651 acres beneath the Olmos formation including the Eagle Ford Shale. Total combined production from the nine producing Olmos vertical wells in the Olmos reservoir in which Global has a ...
See all stories on this topic »
Magnum Hunter (MHR) Shares Given New $8.00 Price Target by Analyst at Rodman ...
LocalizedUSA
As of December 31, 2009, the Company is active in three of the four prolific shale resource plays in the United States, including the Marcellus Shale, Eagle Ford Shale and Williston Basin / Bakken Shale. At December 31, 2009, its estimated proved ...
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Eagle Ford Shale coming to The Woodlands - The Woodlands Homes
There has been lots of hoopla around this company leasing office space in The Woodlands right on the heels of the announcement of Exxon/Mobil campus ...
woodlands-homes.com/.../eagle-ford-shale-coming-to-the-woo...
Status Of Eagle Ford Shale Drilling - Crossroads Today
The Eagle Ford Shale has changed the face of the Crossroads in many different ... There is some good news for people living in Calhoun County tonight.
crossroadstoday.com/Status-Of-Eagle-Ford-Shale.../12148323



Fracking disclosures are now required in Texas
MiamiHerald.com
By JACK Z. SMITH FORT WORTH, Texas -- A new Texas Railroad Commission rule requiring oil and natural gas operators to publicly disclose the chemicals used in hydraulic fracturing of natural gas and oil wells takes effect Wednesday.
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Breitling Oil and Gas CEO to Host 'Oil & Gas Today' on KRLD NewsRadio 1080
MarketWatch (press release)
IRVING, Texas, Feb. 1, 2012 /PRNewswire via COMTEX/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that beginning January 30, 2012, its chief executive officer Chris Faulkner ...
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Quicksilver Resources plans to spend $180 million on BC oil project in 2012
Winnipeg Free Press
FORT WORTH, Texas - Oil and gas producer Quicksilver Resources Inc. (NYSE:KWK) plans to spend $370 million this year for drilling and related activities, including $180 million at its Canadian operations. Texas-based Quicksilver focuses on ...
See all stories on this topic »
Breitling Oil and Gas CEO to Host 'Oil & Gas Today' on KRLD NewsRadio 1080
eReleases (press release)
IRVING, Texas, Feb. 1, 2012 — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that beginning January 30, 2012, its chief executive officer Chris Faulkner will host the new “Oil ...
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Evolution Petroleum to Present at the IPAA Oil & Gas Investment Symposia in ...
MarketWatch (press release)
1, 2012 /PRNewswire via COMTEX/ -- Evolution Petroleum Corporation /quotes/zigman/426600/quotes/nls/epm EPM +0.45% today announced that it will be presenting at the IPAA Oil & Gas Investment Symposia being held in Palm Beach, FL on February 2, 2012.
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Credo Announces 17% Increase in Fiscal 2012 Drilling Budget
MarketWatch (press release)
DENVER, Feb 1, 2012 (GlobeNewswire via COMTEX) -- Credo Petroleum Corporation /quotes/zigman/70610/quotes/nls/cred CRED -0.20% , an independent oil and gas company with significant assets in the North Dakota Bakken and Three Forks formations, Kansas, ...
See all stories on this topic »
Booming production pushes natural gas price down
The Associated Press
More than half of US residences use natural gas for heat. And power companies are increasingly turning from coal to cheaper, cleaner natural gas to run generators. Meanwhile benchmark oil prices were flat Wednesday. West Texas Intermediate crude rose 1 ...
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Marcellus Shale Gas Field Has Great Economic Significance, by Lancer Resources ...
MarketWatch (press release)
... Texas) -- A rare opportunity exists to enter the popular Marcellus Shale natural gas play in Pennsylvania. The Marcellus has been in the news for the past few years, as many large domestic and foreign oil and gas companies have made substantial ...
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Crude oil found on Boys Ranch, new well site coming soon
ConnectAmarillo.com powered by KVII
Pretty soon, you might even see a brand new oil rig right in our own backyard -- Boys Ranch. Although it hasn't actually been put in place yet, Apache Corporation, the largest independent oil and gas operation in the country, will be drilling for oil ...
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Blacksands Announces Appointment of New Board Member
MarketWatch (press release)
Mr. Hunter currently is Vice President of Investor Relations for Carrizo Oil and Gas, Inc., an exploration and production company specializing in exploitation of resource shales. He possesses hands-on experience in most energy related investment ...
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Infocast's Inaugural Water Management for Shale Plays Meeting
MarketWatch (press release)
Hydraulic fracturing or fracking for oil and gas from shale plays is thriving, especially in Pennsylvania, West Texas and North Dakota. With this backdrop of rapid growth, the Summit's timing is impeccable. Fracking consumes massive amounts of water; ...
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PinnacleAIS Announces 63% Growth in 2011
MarketWatch (press release)
HOUSTON, Feb 01, 2012 (BUSINESS WIRE) -- PinnacleAIS, the leading provider of asset integrity services and technology for the oil, gas, petrochemical and mining industries, has announced a 63% revenue growth for the 2011 calendar year.
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Fracturing site to detail what's in the water
Houston Chronicle
"The main thing is the transparency," said Elizabeth Ames Jones, chairman of the Railroad Commission of Texas, which regulates the oil and gas industry in the state. "This rule aims to shore up the confidence of Texans that the environment is going to ...
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Range Resources busy in Trinidad, Puntland and Georgia
Proactive Investors UK
Range also has interests in the Republic of Georgia and also in Texas in the US. Gross output in the previous quarter was gas 446k mcf with Range's Interest 97k mcf and Oil 77706 bbls with Range's interest - 51146 bbls. Cash holdings at the end of the ...
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Proactive Investors UK
Suncor Energy Q4 profit up 10 pct on oil prices
Reuters
Jan 31 - Suncor Energy Inc, Canada's largest oil and gas producer, said late on Tuesday its fourth-quarter profit rose 10 percent, helped by higher oil prices. Suncor reported net income of C$1.42 billion ($1.42 billion), or 91 Canadian cents per share ...
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Tainted-Well Lawsuits Mount Against Gas Frackers Led by Cabot
Bloomberg
Enlarge image Well Water Well Water Gary S. Chapman Enlarge image Tainted-Well Lawsuits Mount Against Gas Frackers Tainted-Well Lawsuits Mount Against Gas Frackers Daniel Acker/Bloomberg A Cabot Oil & Gas sign stands at the entrance to a natural gas ...
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Bloomberg
Buying Oil Investments – Chapter 8: The Risks Of Investing In The Oil & Gas ...
FX Empire
The Oil & Gas industry have some risks which are associated with its supply. There are several grades of oil which are supplied to the oil market like the West Texas Intermediate, North Sea Brent Crude, Sweet crude and Sour crude.
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US Oil Company Announces More Natural Gas Offshore Mozambique
Bernama
MAPUTO, Feb 1 (BERNAMA-NNN- AIM) -- The Texas, United States-based Anadarko Petroleum Corporation has announced the discovery of more natural gas off the northern Mozambican coast in the Rovuma Basin, saying its Lagosta-2 well was found to have 777 net ...
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Holly Energy reports crude oil pipeline leak in the Permian
Gas Business Briefing
Holly Energy Partners reported late Tuesday it experienced a pipeline leak on its West Texas crude oil gathering system. The system gathers crude oil in the Permian Basin for transport to nearby refineries or to Midland, Texas, Gas Business Briefing ...
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Pipelines, pump prices fuel political theater with few hard truths
Environment & Energy Publishing
Over the past year, members of Congress in both parties have variously blamed all four for the mercurial prices of oil and gas. The villain changes with the season and the ideological leanings of lawmakers in search of a scapegoat to soothe voters ...
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Ohio Tries to Escape Fate as a Dumping Ground for Fracking Fluid
BusinessWeek
The oil and natural-gas drilling boom spurred more permits for disposal wells there during the past two years than during the previous decade combined. The volume injected into them was on a near-record pace last year, according to the Department of ...
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AERN Begins Reworking Wells on TX Leases
MarketWatch (press release)
AER Petroleum, Inc. anticipates $250000 in additional annual revenues from the Oil production. ABOUT AER ENERGY RESOURCES, INC. AER Energy Resources, Inc. ( www.aernenergy.com ) is a diversified holding company with an emphasis on oil and gas ...
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Gastar reports 138% increase in proved reserves
Gas Business Briefing
Proved reserves at year-end rose to 119.7 Bcfe, comprised of 76.6% natural gas, 9.6% oil and condensate and 13.8% NGLs. The Appalachian Basin represented 70% proved reserves, with East Texas assets comprising much of the remainder, Gas Business ...
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IPO Preview: Matador Resources
Seeking Alpha
In addition to these primary operating areas, MTDR has acreage positions in southeast New Mexico and west Texas and in southwest Wyoming and adjacent areas in Utah and Idaho where MTDR continue to identify new oil and natural gas prospects.
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MARKET WATCH: Crude oil, natural gas prices sag
Oil & Gas Journal
Natural gas was down 1.5% in the futures market, but escalated in the cash spot market. “Oil prices weakened slightly in a relatively quiet trading day,” said James Zhang at Standard New York Securities Inc., the Standard Bank Group.
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Marathon Oil Q4 Profit Declines - Update
NASDAQ
(RTTNews.com) - Oil and natural gas company Marathon Oil Corp. (MRO) reported Wednesday a profit for the fourth quarter that declined from last year, reflecting higher income tax provisions and the contribution from the recently spun off downstream ...
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Friendly City Is Proclaimed 'Dead Center' of Gas Rush
Wheeling News Register
API represents more than 490 oil and gas companies. "Wheeling is becoming a very important hub in the oil and gas industry because of the nearby 'wet' gas," added Gastar Exploration Vice President-Northeast Michael Mc-Cown.
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Wheeling News Register
Already pricey gasoline may near $4 by spring
Houston Chronicle
And the crushing news is that the high price you'll pay now likely will be eclipsed in the spring - when prices at the pump will approach $4 a gallon in Texas, experts say. The average gas price in Houston jumped 3 cents overnight to $3.37 a gallon ...
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Freestone Resources, Inc. Frac Water Recycling Field Operations Update
MarketWatch (press release)
MEA Solutions is a Houston, Texas based company owned by Michael McGhan, Charles "Chet" Erwin and Gerald "Oj" Armstrong that consolidated their leadership and experience in the oil gas service industry with water resource, management and treatment ...
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Crude Climbs; Gold Prices Rise; Gas Falls: Commodities at Close
BusinessWeek
Brent oil for March settlement gained 56 cents to $111.54 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract's premium to West Texas Intermediate futures traded at $12.51, compared with a record spread of $27.88 ...
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Hubenak Elected to Texas Society of CPAs Board of Directors
MarketWatch (press release)
Looper Reed & McGraw offers a wide range of legal services including business litigation, corporate transactions, oil & gas, tax planning and litigation, real estate, healthcare, trusts and estates, employment law, family law, and bankruptcy.
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Buying Oil Wells and Construction Services is Good for Business (OTC:BOCL)
SmallCap Network
Also of note on Jan 19 was the BOCL acquisition of Texas Gulf Oil & Gas, Inc, located in Houston, Texas. The primary assets of Texas Gulf include leases, options and interests in 19 oil wells throughout the Austin Chalk near Luling, Texas, ...
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Navistar, Pickens in natural-gas truck push
Reuters
N) is joining forces with Texas oilman T. Boone Pickens in a bid to get more natural-gas-powered heavy trucks on US roadways. While the bulk of the nation's heavy trucks are currently powered by more expensive diesel fuel, the pair is betting that ...
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Frontier Utilities Announces New Ownership
MarketWatch (press release)
HOUSTON, Feb 01, 2012 (BUSINESS WIRE) -- Frontier Utilities, LLC, a retail electricity provider headquartered in Texas ("Frontier Utilities" or the "Company"), announced today that it has been acquired by a group of independent Texas-based investors ...
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Huntsman, Celanese Seen as Cheap Takeovers
Bloomberg
via Bloomberg A Huntsman Corp. facility stands in Jefferson County, Texas. Huntsman Corp. (HUN) and Celanese Corp. (CE) are turning into the cheapest takeover targets in the US chemicals industry as signs grow that a strengthening economy will boost ...
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Bloomberg

Blogs 3 new results for texas oil and gas
Ever Hopeful: Victor Carrillo | Latino Leaders Magazine
By Eric Baca
As the commissioner, Victor oversaw all energy-related issues for the state of Texas — the nation's largest producer of crude oil, natural gas and wind-powered generation. Now, he is harkening back to his days as a student and entry-level ...
Latino Leaders Magazine
PXTE- Huge Oil Play Exxon's #A9 well adjacent to Vermilion 179 ...
By admin
We are a small oil and natural gas exploration and production Company with a minority working interest in limited production and drilling properties in the Cooke Ranch area of LaSalle County and Jefferson County, Texas, all of which interest ...
Stock Market Newsletters
Pipelines, pump prices fuel political theater with few hard truths ...
By lpearce
Over the past year, members of Congress in both parties have variously blamed all four for the mercurial prices of oil and gas. The villain changes with the season and the ideological leanings of lawmakers in search of a scapegoat to soothe ...
Governors' Biofuels Coalition

Web 7 new results for texas oil and gas
Global NuTech acquires Texas Gulf Oil and Gas - Oil & Gas ...
Global NuTech Inc. has acquired 100% of the stock of Houston, Texas-based Texas Gulf Oil & Gas Inc.
www.ogfj.com/.../global-nutech-acquires-texas-gulf-oil-and-g...
Oil and Gas Regulatory Tech — Independent Operator, Fabulous ...
Oil and Gas Regulatory Tech - Independent Operator, Fabulous Oppty! Houston, TX, USA This favorite oil and gas operator that has twice been voted as one of ...
www.miscojobs.com/jobs/job_538209.htm
Oil & Gas Journal Articles, Jan 2012
International news for oil and gas professionals ... In countries highly dependent on imported oil and gas, for example, concern about .... Houston, Texas 77027 ...
www.ogj.com/articles/print/vol-110/issue-1c.html
Fuel Fix » Texas oil, gas sector hits growth gusher in 2011
In Texas, the oil and gas industry saw growth in almost every sector, from ... said that even though natural gas prices declined, oil prices continued to climb.
fuelfix.com/.../texas-oil-gas-sector-hits-growth-gusher-in-2011...
Texas gulf oil & gas shares | Finance Enquiry Stock News
World Markets Rise over Europe's Fiscal Pact · Debt Collector of Michigan Agrees to pay USD2.5 Million Penalty · Honda (HMC) Forecasts 65 Percent Drop In ...
www.financeenquiry.com/tag/texas-gulf-oil-amp-gas-shares
Acquires Texas Gulf Oil and Gas inc
OB – News ) announced today that the company has acquired 100% of the stock of Houston, Texas based Texas Gulf Oil & Gas, Inc. The acquisition from private ...
www.pennymotion.com/.../acquires-texas-gulf-oil-and-gas-inc...
RIGZONE - The Career Center for Oil & Gas Professionals
The Rigzone Career Center is the leading web site for oil and gas industry jobs. ... Field Service Technician, Odessa, TX/Canton, OH/Perryopolis, PA/Elmira, NY ...
www.rigzone.com/jobs/?wwkr=t


Roundup of Arkansas editorials
Washington Examiner
Several companies have shown interest in exploring an area known as the Smackover Brown Dense oil formation that extends from southern Arkansas to northern ...

Global NuTech Acquires Texas Gulf Oil and Gas, Inc
PR Newswire
... Merchant Bankers includes individual oilfield producing assets and options throughout the Austin Chalk and near the Eagle Ford shale play in Texas.
Global NuTech buys Houston's Texas Gulf Oil & Gas
Houston Business Journal
The deal includes oilfield producing assets and options throughout the Austin Chalk and near the Eagle Ford shale plays in Texas.
Global NuTech, Inc. (OTC:BOCL) Gets the First Promotion Since Last May
HotStocked
... according to the press release, include among other leases, options and interests in 19 oil wells located in Austin Chalk near Luling, Texas.


Quicksilver Resources chopping capital budget almost in half amid weak natural ...
Fort Worth Star Telegram (blog)
The company plans to spend $108 million in North Texas' gas-rich Barnett Shale, which accounts for most of its production. But Quicksilver said it would focus on the southern portion of the play, where its production includes natural gas liquids such ...
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Geoscientists to debate hydraulic fracturing Feb. 7 at University of Tulsa
Oil & Gas Financial Journal
... gas shale, he was named to Foreign Policy magazine's 2011 list of “Top Global Thinkers” along with a colleague, Gary Lash, and Houston oil legend George Mitchell, who pioneered new technologies for producing gas in the Barnett Shale in North Texas.
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Shale Gas -- Friend or Foe
Energy Pulse
But other fields such as the Barnett Shale in the Dallas area now supply 6 percent of the nation's natural gas. XTO's field also include the Haynesville Shale project in Louisiana and Texas as well as the Marcellus field that stretches from New York ...
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Low prices deflate natural-gas rush
Houma Courier
Shale rock fields holding dry natural gas, or methane, are experiencing an exodus. Companies are chopping operations in the Barnett Shale in north Texas, the Marcellus Shale in the Northeast and the Haynesville Shale on the Louisiana-Texas border.
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Panel tackles water issues
Denton Record Chronicle
Ed Ireland of the industry-funded Barnett Shale Energy Education Council voted in the minority on several issues. Before the sediment runoff vote, Ireland said he had a “philosophical predilection against government overreach.
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Texas Business Journals Roundup 1-31
Bizjournals.com
DALLAS — Devon Energy , the biggest producer in the Barnett Shale, does not plan to tuck in its wings in response to low natural gas prices. Devon will continue to explore for butane, propane, ethane and condensate from the shale.
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4 Important Things to Watch and Profit from the Coming Natural Gas Turnaround
StreetAuthority
Consider this data point from Pritchard Capital Partners: The number of rigs tapping into the Barnett Shale (in Texas) fell from 88 in October 2010 to 56 in October 2011. Yet output in the Barnett Shale actually rose from 5.4 billion cubic feet (BCF) ...
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Lipsky water well suit dealt big blow
Weatherford Democrat
“There has long been naturally occurring methane in the Trinity aquifer for many years before Barnett shale activity. In fact, Lipsky's neighbor had a six-foot flame from his water well years before Range's activity began. This issue of methane in the ...
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