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Wednesday, February 15, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 2.15.2012

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Texas Oil and Gas  -  News and Information
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Eagle Ford Companies Asked to Pay for Road Repair in Bee County
KIII TV3
With the growth of Eagle Ford Shale related business, large tractor trucks carrying all sorts of heavy equipment are constantly traveling on the county roads, which were simply not designed for this kind of traffic. "It costs about $50000 a mile to ...
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Oil and gas report: 02.14.12
Corpus Christi Caller Times
Talisman Energy USA of Spring has filed a permit to drill a 13000-foot horizontal well in the Sugarkane (Eagle Ford) field. The No. A 2H Johnston G/U 4 will be located 6.73 miles northeast of Pawnee in the S. Louis Survey A-1239.
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American Standard Energy closes $20m offering
Gas Business Briefing
American Standard Energy Corp closed a $20m private convertible notes offering with affiliates of Pentwater Capital Management Ltd to fund Eagle Ford Shale development. The financing is a secured promissory note convertible into shares of the ...
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Sanchez Energy Announces 2012 Capital Budget and 2012 Guidance
Sacramento Bee
... facilities and related expenditures, leasing additional acreage in its core areas and the shooting of 3-D seismic in support of the company's drilling programs in the volatile and black oil windows of the Eagle Ford Shale trend of south Texas.
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Enterprise to expand ECHO crude oil terminal
Oil & Gas Journal
ECHO will also serve as the receipt point for crude delivered from the Eagle Ford shale in South Texas. Enterprise is nearing completion of a 147-mile, 350000-b/d pipeline also expected to begin service second-quarter 2012. Phase II of this pipeline, ...
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American Standard Energy Closes on $20 Million Convertible Notes Offering and ...
Sacramento Bee
The proceeds of the initial draw of $10 million will be used for development of the Company's Auld Shipman project in the Eagle Ford shale formation in LaSalle and Frio Counties, Texas. The remaining amount of the facility is available for the Company ...
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5 Stocks to Energize Your Portfolio
Motley Fool
Looking ahead, the company has plans to develop an ethane pipeline to carry gas from the Marcellus shale to processing centers on the Gulf Coast. It is also expanding its natural gas liquids processing capacity in the Eagle Ford shale.
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Tuesday's Commodity News To Trade On
Seeking Alpha
Play the companies with increasing reserves, those in the Bakken, Utica, Eagleford and Mississippian Lime plays. EV Energy Partners, LP (EVEP) is one play leveraged to the Utica, and Rosetta Resources (ROSE) is an Eagleford Shale play with considerable ...
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Enterprise to expand storage at proposed US oil hub
Reuters
ECHO's initial storage will dedicated to the light, sweet South Texas Eagle Ford shale crude oil coming through its 350000 bpd pipeline. Rainey said that the pipeline completion and initial volumes will also be in the second quarter of 2012.
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Tank Trailer Manufacturers Riding Demand Wave From US Energy Boom
Fox Business
Polar's Fick said his company has been seeing particularly strong demand for tank trailers from energy producers in North Dakota's Bakken Shale formation and in the Eagle Ford Shale in South Texas. He said he expects demand to increase from producers ...
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Port of Victoria official predicts increased economic activity
Victoria Advocate
Since the Eagle Ford Shale activity began, Port of Victoria has seen a boom in traffic. Robert Loeb, Victoria County Navigation District chairman, gave a presentation during Monday's commissioners court meeting highlighting the port's progress.
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Less federal regulation would encourage industry growth, Texas energy leaders ...
Corpus Christi Caller Times
The congressmen heard from seven regional and state players in South Texas energy, including some involved in Eagle Ford Shale production, offshore drilling, refining and wind energy. Panelists testified about how long it takes to complete the ...
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Marathon Oil's Growing Pains
Motley Fool
In a surprise to no one, four of those rigs are destined for the liquids-rich Eagle Ford shale play, and one of them heads to the Bakken oil fields of North Dakota. Focusing on developing production in the US is a smart plan for Marathon moving forward ...
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ESP Resources Sets New Monthly Sales Record for January 2012; Trend Expected ...
MarketWatch (press release)
The added impact of our completion petrochemical products and services to our customers in the fracking business and the growth of our products and services in the Eagle Ford Shale region has not only further boosted our sales, but also indicates that ...
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Jones Resigns Railroad Commission
KUT News
... oversight of the new drilling techniques which evolved from horizontal drilling and hydraulic fracturing, and which have created an economic boom for the benefit of all Texans, especially in the Eagle Ford Shale Play, south of San Antonio.
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Recap: Credit Suisse Energy Summit
Motley Fool
Marathon plans to spend $4.5 billion to $5.5 billion in 2012, with the bulk of that aimed at growth initiatives in the Bakken and Eagle Ford shale plays. The company has also set aside 25% of its budget to maintain operations in the US, Canada, ...
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Shale Gas Issues: Squeezed Between Necessity and Reality
Mondaq News Alerts (registration)
... most notably the Barnett Shale in North Texas, the Bakken Shale in the Dakotas and Montana, the Marcellus Shale in the Appalachians, the Eagle Ford Shale in South Texas, the Haynesville Shale in Louisiana and the Woodford Shale in Oklahoma.
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The multi-billion dollar water services industry
OilVoice (press release)
In the Eagle Ford shale play in Texas, they're quoting a disposal fee of $0.80+/bbl and an average $3.00 - $6.00 /bbl hauling fee. And with an estimated 800 new oil & gas wells drilled there in 2011, the market just keeps getting bigger.
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SABOR: Housing market steadily on the up
KSAT San Antonio
"Slight fluctuations are very common to the San Antonio market." President and CEO of SABOR, Angela Shields, said she expects the housing market to strengthen this spring because of expected job growth from Eagle Ford Shale and Boeing projects in the area.
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Beat The Insiders With These 4 Stocks
Seeking Alpha
Magnum Hunter Resources owns 25000 net acres in the Eagle Ford Shale. Mr. Evans said that these acres are surrounded by EOG Resources (EOG), which of course fuels speculation that EOG is a likely acquirer. MHR has production that is 51% oil and 49% ...
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5 Stocks For Profits After Earnings
Seeking Alpha
Specifically, I expect work in the Eagle Ford Shale to help Loews generate cash going forward. The Marcellus gas gathering project could be useful as well if gas prices make a rebound soon. HCA Holdings, Inc. reported net income of $1.94 billion, ...
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Buy This Viking Energy Powerhouse
Investorplace.com
Most recently, Statoil became one of the largest holders of Bakken shale acreage with its $4.4 billion acquisition of Brigham Exploration. In June 2011, it bought shale acreage in the Eagle Ford from SM Energy (NYSE:SM), and in 2008, Statoil purchased ...
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Cramer's Mad Money - Dell Is Out Of The Doghouse (2/13/11)
Seeking Alpha
It has assets in the Marcellus Shale, the Bakken and the Eagle Ford, but the company is becoming more oily and delivered an impressive 455% increase in production, with proven reserves up 44% in just 6 months. The stock has run up 18% since the ...
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U.S. Crude Output Predicted to Jump 20% by Year's End
NGI's Shale Daily (subscription)
"The primary drivers behind the growth in US onshore crude production are the Williston, Permian (horizontal and vertical) and Eagle Ford plays," they wrote. "Currently, these three plays account for roughly 40% of US onshore oil production.
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Continued growth in shale gas and offshore drilling and production throughout ...
Engineer Live
As of 2010, there were at least 22 major shale plays in the US, spread over more than 20 states. The oil rich Bakken and Eagle Ford plays were identified as the centre of many operators long term shale plans with intensive drilling driving up demand ...
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Copano Increases Presence in Eagle Ford Shale With Pipeline ...
13abc.com: Toledo Breaking News, Weather and SportsCopano Increases Presence in Eagle Ford Shale With Pipeline Expansion and New Long Term ...
www.13abc.com/.../copano-increases-presence-in-eagle-ford-s...
Copano Increases Presence in Eagle Ford Shale With Pipeline ...
HOUSTON, Feb. 9, 2012 /PRNewswire/ -- Copano Energy, L.L.C. (NASDAQ: CPNO) announced today that it will extend its wholly-owned 96-mile, 24-inch DK ...
prbuilder.com/.../copano-increases-presence-in-eagle-ford-shal...
TUNSTALL HIGHLIGHTS ECONOMIC IMPACT OF EAGLE FORD ...
TUNSTALL HIGHLIGHTS ECONOMIC IMPACT OF EAGLE FORD SHALE BOOM AT 85TH ANNUAL CHAMBER BANQUET. By: Jose G. Landa. Dr. Thomas ...
www.epbusinessjournal.com/.../tunstall-highlights-economic-i...


Copano Increases Presence in Eagle Ford Shale ... - NEWS10 ABC
News 10 ABC- WTEN, Albany - News Weather and Sports from the Capital Region of Upstate New York, Western Massachusetts, and Southern Vermont.
www.news10.com/.../copano-increases-presence-in-eagle-ford...
Copano Increases Presence in Eagle Ford Shale With ... - News9.com
News9.com is your local source for information in Oklahoma City, delivering breaking news, weather, sports, lifestyle and classifieds.
www.news9.com/.../copano-increases-presence-in-eagle-ford-s...
Crimson Exploration Inc. Provides an Eagle Ford Shale and ...
Eagle Ford Shale - South Texas. In Karnes County , the Littlepage McBride #7 ( 53% WI) commenced production at a gross initial production rate of 1019 Boepd, ...
phx.corporate-ir.net/phoenix.zhtml?c=205282&p...


Copano to extend DK natural gas pipeline further into Eagle Ford shale
Oil & Gas Journal
OD DK natural gas pipeline in the Eagle Ford shale by adding about 65 miles of pipe southwest into McMullen County, Tex. The pipeline extension will follow the same route as Copano's recently announced condensate pipeline, Double Eagle Pipeline LLC, ...
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Crimson Exploration Inc. Provides an Eagle Ford Shale and Woodbine Operational ...
Benzinga
By Allie Wickman Crimson Exploration Inc. (Nasdaq: CXPO) announced another successful oil well in Karnes County, Texas and provided status updates for current Eagle Ford and Woodbine wells currently in process. In Karnes County, the Littlepage McBride ...
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Slideshow: Marathon Oil introduces itself to Gonzales
The Gonzales Cannon
A brigade of company employees were on hand to answer questions about all aspects of the oil and gas business, especially those related to the Eagle Ford Shale -- from details about hydraulic fracturing to questions about groundwater protection, ...
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Corpus Christi's State of the City is challenges met, challenges yet
Corpus Christi Caller Times
... Tianjin Pipe Corp. plant (China's largest industrial investment in the United States), some promising visits from industry prospects he couldn't reveal, and of course the furious job growth generated by the Eagle Ford Shale oil and gas formation.
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High commodity prices fuel larger acquisition deals
My West Texas
In the gas-heavy basins such as the Barnett Shale and the dry gas portion of the Eagle Ford Shale, gas asset owners are reluctant to sell when prices are in the $2 per Mcf range as they are now. With such a price disparity between oil and gas markets ...
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2011 Q4 and Year-End Conference Call and Operations Update - Xtreme Begins ...
Marketwire (press release)
In February of 2012 the Company commenced operations with its first XSR coil service unit in the United States in the Eagle Ford Shale play in South Texas. President and Chief Operating Officer, Richard Havinga said, "Initial operating performance has ...
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BLGO, GRH & FRC: Two Hot and One Stalled Fracking Stocks
SmallCap Network
GreenHunter Energy provides “Total Water Management Solutions” for oil and gas exploration companies involved in shale or unconventional oil and gas exploration in the Marcellus, Eagle Ford and Bakken shale plays. On Thursday, GreenHunter Energy fell ...
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4 Oil Companies That May Benefit From Cobalt's Angola Gusher
The Reporter
Marathon Oil has been focusing on its North American shale production growth. Of the $3 billion it forecast for spending in 2012, $2.7 billion is slated for North American shale, led by the Eagle Ford, which has been one of the most successful shale ...
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Corpus Christi Business Datebook for 02.12.12
Corpus Christi Caller Times
Dennis Moore and Baker Hughes will discuss "Overview of the Eagle Ford Shale." Cost: $20/lunch. Make reservations by calling Sandra Nash, 884-7474, ext. 504 or email Snash@strategicamericanoil.com. Del Mar College's Small Business Development Center ...
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Simpson Thacher | Simpson Thacher Represents Blackstone's GeoSouthern Energy ...
Linex Legal (press release) (registration)
The new facility will be used to continue the development of GeoSouthern's 173000 gross acre position in the condensate and oil windows of the Eagle Ford shale play in Texas. GeoSouthern is a privately owned, independent exploration and production ...
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Southcross adding capacity to ship more Eagle Ford shale gas - Topix
Local News: San Antonio, TX. |. Sign Up. |. Sign In ... Southcross adding capacity to ship more Eagle Ford shale gas. Full story: ... Email me San Antonio news.
www.topix.com/forum/city/san...tx/TLGN2G40CB9613G44
XE.com - BRIEF-Copano updates on Eagle Ford shale
News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles. BRIEF-Copano updates on Eagle Ford shale ...
www.xe.com/news/2012/02/.../2463309.htm?...
copano-increases-presence-in-eagle-ford-shale-with-pipeline - WCAX
WCAX.COM Local Vermont News, Weather and Sports-Copano Increases Presence in Eagle Ford Shale With Pipeline Expansion and New Long Term Contract ...
www.wcax.com/.../copano-increases-presence-in-eagle-ford-sh...


More oil field housing opens in Carrizo Springs
San Antonio Express
By Jennifer Hiller Mesquite Logistics has opened a new oil field camp near Carrizo Springs to serve workers and companies on the western edge of the Eagle Ford Shale. Mesquite Lodge at Carrizo Springs offers single- and double-occupancy housing with ...
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Industry Briefs
NGI's Shale Daily (subscription)
Copano Energy LLC plans to extend its 96-mile, 24-inch diameter DK Pipeline in the Eagle Ford Shale by adding 65 miles of pipeline southwest into McMullen County, TX, which will allow Copano to access significant new Eagle Ford volumes, ...
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Lawsuit Unlikely to Thwart Kinder Morgan/El Paso Deal
Motley Fool
Beyond that, El Paso's US E&P assets, which have been tentatively valued at up to $7 billion, are located in the Eagle Ford shale of South Texas, the Haynesville shale in Texas and Louisiana, the shallow waters of the Gulf of Mexico, and the Rocky ...
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American Electric Power Co., Inc., 2012 Guidance/Update Call, Feb 10, 2012
Seeking Alpha
Industrial sales are expected to grow by 2.2% during the year, fueled by our oil and natural gas sectors, particularly those located around the Utica, Marcellus and Eagle Ford Shales. Natural gas liquids processing, pipeline capacity expansions and ...
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Stuck in the middle
Denton Record Chronicle
By Peggy Heinkel-Wolfe and Lowell Brown / Staff Writers Researchers have found a disparity in the proximity of gas wells to elementary schools in certain Barnett Shale neighborhoods, suggesting that, if there is a health or social cost to bear, ...
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Denton Record Chronicle
Business Briefs
The Daily Advertiser
... opened additional communications service centers to support multiple shale plays. In addition to service centers in the Eagle Ford, Haynesville and Niobrara, local support now will be available for Marcellus, Barnett and Permian Basin operators.
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Quicksilver to Launch IPO for Barnett Assets
NGI's Shale Daily (subscription)
Quicksilver Resources Inc. said that its Barnett Shale subsidiary, Quicksilver Production Partners LP (QPP), has registered for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). The Fort Worth, TX-based company said ...
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Number of active rigs in US falls slightly
Fort Worth Star Telegram
The number of oil rigs was the highest since Baker Hughes began keeping separate counts in 1987. The gas-rig count was the lowest since October 2009, reflecting prices. In North Texas' Barnett Shale, 57 rigs were drilling Friday, unchanged from a week ...
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Excellent news for Canada from December's merchandise trade data
Daily Commercial News
In the late 1990s, after a great deal of experimentation, a Texas oilman by the name of George P. Mitchell discovered a means to release gas deposits trapped deep underground in shale rock. By pumping in water and chemicals at high pressure, ...
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GAO: Most Contaminants in Produced Water Occur Naturally
NGI's Shale Daily (subscription)
As for the location differences, "stakeholders noted that the Barnett Shale formation in Texas is generally known to be a 'wetter' formation than the Marcellus Shale formation in the Northeast, with shale gas wells in the Barnett typically producing ...
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East Africa Oil projects is next on the radar
The Australian
It notes market darling Aurora Oil & Gas (AUT) is paying 9.875 per cent on its $200m facility, Linc Energy (LNC) is paying 11.4 per cent and Antares Energy (AZZ), which is exploring in Texas, just 4.6 per cent. Will Wayne Swan tell AUT and LNC to shop ...
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New regent's focus at Texas Tech is on price tag
Houston Chronicle
By Monica Rhor John Walker, 65, the president and CEO of EnerVest Ltd., one of the 25 largest oil and gas companies in the United States, grew up in Lubbock, in the shadow of the Texas Tech campus. He went on to graduate from the school, become one of ...
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The benefits of drilling
Daily Ardmoreite
And the roots of the new focus on drilling lie in Texas. A method of extracting oil and natural gas through rock called shale was fully developed in the Barnett Shale, found in and around Fort Worth, Texas. As time has passed, that method — known as ...
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Texas companies - like San Marcos-based CFAN - look to keep focus on manufacturing
Austin American-Statesman
In the budget year 2011, according to the Texas comptroller's office, the state added a net gain of 20700 manufacturing jobs, mostly in the production and processing of equipment and machinery related to oil and natural gas drilling.
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Austin American-Statesman
Pratt & Whitney Canada Signs Agreement with DanCopter
MarketWatch (press release)
Pratt & Whitney Canada Customer Service Centre Europe worked closely to customize the agreement for the helicopters operated by DanCopter to support offshore oil & gas operations in Nigeria. Pratt & Whitney Canada is a United Technologies Corp. company ...
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Dealers reap benefits from shale boom
Warren Tribune Chronicle
More than anything, said sales manager Brad Salisbury, are oil and gas executives and workers from Louisiana, Texas and Oklahoma bringing trucks in for repair. Huebner's service department will work on anything, he said. Scott Cole said his plan is to ...
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More than 10000 US wells listed on website
Akron Beacon Journal
The searchable website (www.fracfocus.org) is maintained by the Ground Water Protection Council and the Interstate Oil and Gas Compact Commission, two intergovernmental agencies. The US Department of Energy provided financial assistance.
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PERMAIN BASIN DRILLING REPORT: Feb. 12 through Feb. 18, 2012
Odessa American
Comstock Oil & Gas LP, Sheldon State 3, Reeves, New Drill. >> Conocophillips Company, Goldsmith Andector Unit, Ector, New Drill (4); Mitchell, Alex 1, Terrell, Recompletion; University Andrews, Andrews, New Drill (2). >> Crossroads Energy Partners LLC, ...
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Company pitches coal-to-gasoline plan to lawmakers
Billings Gazette
He said the project promised to help national security and energy security. "Where do you want to get your oil from? Where do you want to get your gas from?" Kelly said. "Do you want to get it from Iran? Do you want to get it from Venezuela, ...
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LETTER: Pipeline isn't in the best interests of America or Americans
Sioux City Journal
This pipeline would extend from the Canadian border to Texas refineries, crossing western Siouxland. There is no guarantee that the oil flowing under our soil would end up in our gas tanks, and not on a ship to Asia, Europe, or Latin America.
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Energy summit to talk about the Eagle Ford Shale
Victoria Advocate
WHAT: The Texas Conservative Coalition Research Institute Energy SummitWHEN: 2-5 pm, Feb. 29WHERE: Johnson Symposium Center, Victoria College, 2200 E. Red River, VictoriaCOST: Free. To attend register at victoriaenergysummit.eventbrite.com As the Eagle ...
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Exclusive: US military seeks more access in Philippines
Laredo Sun
The Virginia-class attack submarine USS Texas moors alongside the submarine tender USS Emory S. Land in Subic Bay November 10, 2011. REUTERS/US Navy photo by Mass Communication Specialist 1st Class David R. Krigbaum/Handout MANILA (Reuters) - The ...
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Laredo Sun
David Robinson
Buffalo News
Better to wait for better prices, either from a further drop in production or stronger demand as the economy improves and low natural gas prices prompt other users to switch from coal or oil. National Fuel's unique position with Pennsylvania's ...
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Buffalo News
Cloud-Based Solutions Drive Half Of IPO Filing Activity This Week
Seeking Alpha
Radius Health, a biotech developing bone growth injections for osteoporosis sufferers, filed for an $86 million IPO on Monday. Quicksilver Production Partners, a Texas oil and gas company formed by Quicksilver Resources Inc., filed for a $250 million ...
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Plano drivers paying more at the pump than other Texans
Lewisville Leader
By Bill Conrad, bconrad@acnpapers.com On average, Texas drivers may pay less for gasoline than their counterparts in other states. However, recent price increases in Plano have left local drivers paying considerably more than other Texans.
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Whistleblower: Oil change ends in flames
Minneapolis Star Tribune
But a spokesman for Heartland Automotive Services, Jiffy Lube's parent company in Texas, said Bekele's request for additional repairs reflected "unreasonable expectations for his older vehicle." The company said, however, that it will follow up to ...
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China is after our oil
Lancaster Eagle Gazette
Our future for abundant oil and low-cost natural gas appears the brightest since World War II. China Petrochemical Corp., known as Sinopec, announced on the first business day of 2012 its $2.5 billion purchase of 33 percent of American energy giant ...
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Life: Service with a smile
ReporterNews.com
"You didn't see any cars in the mall parking lots anywhere, but the oil patch was booming and Texas was a great place to get a job." A few years later, the oil industry went bust, but American Airlines was growing and hiring pilots.
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The greening of Guantanamo Bay
Nashua Telegraph
(Navy Petty Officer Joseph Ebalo/US Navy/MCT) A hazardous waste disposal handler, Paul Grant, instructs Navy Diver 2nd Class Nicholas Barna and Boatswain's Mate 2nd Class Christopher Pullon on proper disposal methods of hazardous oil waste utilizing a ...
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Closer to home
Warren Tribune Chronicle
In 2008, the company laid off 7000 workers worldwide as the demand from its oil and gas clientele dropped heavily. Many Carroll residents earned a living there. Now, the company has a new mission that has brought new income for county workers.
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Guest Commentary: Advanced energy sources
Denver Post
Should we stick to what we've relied on for the last 50 years and accept the economic insecurity that goes along with oil shocks, rising prices and concerns about foreign dependence? Or should we pursue a new path that gives America a greater say about ...
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2 Small Cap Stocks Under $10 With Net Insider Buying
Seeking Alpha
Callon Petroleum Company engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in the onshore in Louisiana and Texas, and the offshore waters of the Gulf of Mexico. As of December 31, 2010, ...
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The greening of Guantanamo
Kansas City Star
A team of Navy cops now rides bikes rather than gas-guzzling patrol cars in the searing Caribbean sunshine. In this remote corner of Cuba that is better known as a lab for Pentagon justice and interrogation, the US Navy has been quietly engaging in ...
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Tesla seven-seat crossover goes into production for 2013
Mirror.co.uk
It can be as much as 10p a litre more than unleaded, so an oil-burner could actually cost you more. Your mate's right. Diesels don't like short journeys. The particulate filter and exhaust gas recirculation valve can get clogged.
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The great escape of bath toys in the Pacific
The Guardian
Never mind that plastics consume 400m tons of oil and gas every year and that oil and gas will in the not-too-distant future run out. Never mind that so-called green plastics made of biochemicals release greenhouse gases when they break down.
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The Guardian
Hot Lines 2/12/12
Fenton Tri County Times
AMERICA HAS OIL in California, the Gulf Coast, the North Central states, Pennsylvania, and Texas. Unfortunately, the dipsticks to that oil are in Washington, DC IN RESPONSE TO the schools seeking their third bond in 14 years. People need to understand ...
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Web 3 new results for texas oil and gas
CABOT OIL & GAS CORPORATION Job in San Antonio, Texas US
CABOT OIL & GAS CORPORATION job in San Antonio, Texas, US. Read the CABOT OIL & GAS CORPORATION job description and find other jobs at Monster.
jobview.monster.com/cabot-oil-gas-corporation-job-san-anton...
Oil and Gas Industry Litigation
Oil and Gas Industry Litigators in Houston, Texas. At the law firm of Adair & Myers , we represent interest owners, seismic companies, operators, contractors, ...
www.am-law.com/practice-areas/oil-gas/industry-litigation
Oil & Gas Journal Articles, Feb 2012
The latest oil and gas news, markets and company information. ... The Eagle Ford shale play in South Texas has attracted more than 3100 permitted locations ...
www.ogj.com/articles/print/vol-110/issue-2.html


Weekly US oil, gas rig count down 8 to 1989
Sacramento Bee
Of the major oil- and gas-producing states, New Mexico gained three rigs, Oklahoma gained two and Alaska, Louisiana, North Dakota and West Virginia each gained one. Texas lost five rigs, Arkansas and Pennsylvania each lost three and California, ...
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South Texas Water-Quality Concerns From Eagle Ford Shale Fracking
Exec Digital (press release)
"Fracking" is short for "hydraulic fracturing" -- the forceful injection of a water, sand and chemical solution into an underground shale formation that splits apart the rock layers, releasing oil and gas deposits caught between them. South Texas is ...
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Oil, gas members hear about 'fracking' myths
Fort Morgan Times
By DAN BARKER Times News Editor Hydraulic fracturing expert Dale Larsen speaks about the myths associated with fracking during the Northeast Colorado Chapter of the Colorado Oil and Gas Association banquet at the Country Steak-Out Thursday night.
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Commissioner says county not receiving due money
KYTX
GILMER (TYLER MORNING TELEGRAPH) - An Upshur County commissioner announced today he recently met with Texas Railroad Commission officials about dangerous abandoned and unplugged oil wells on the county's "school land" in West Texas and that he ...
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Energen To Acquire Wolfberry Play Properties For $65.8 Mln
Wall Street Journal
(EGN) said it will acquire properties in the Permian Basin's Wolfberry play in Texas from a private seller for $65.8 million, while it plans to cut its investment in natural-gas production this year due to low prices. Energen said the deal is expected ...
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Magnolia Petroleum COO Interview Q1 FY12
Stockopedia
Some other popular UK listed 'penny share range' O&G companies with US interests include, Range Resources (LON:RRL) who have oil and gas producing interests at the North Chapman Ranch and in East Cotton Valley Texas, Aminex (LON:AEX) who are interested ...
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Stockopedia
US natgas rigs at 28-month low, prices squeeze profits
Reuters
In sharp contrast to gas, oil drilling in unconventional shale prospects such as the Bakken in North Dakota and Eagle Ford in South Texas has led to a sharp and continuous rise in the oil-focused rig count over the past three years. The natural gas rig ...
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Oil lower, gas higher
Outcome Magazine (blog)
In this photo on December 22, 2011, gas prices were going down. With Denver again expecting snow this weekend the prices are on the rise. On the New York Mercantile Exchange, light, sweet West Texas Intermediate crude oil lost 95 cents, 1 percent, ...
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Outcome Magazine (blog)
Dallas Man Gets 20 Years For $7 Million Scam
Courthouse News Service
He was founder and president of Prosper Oil & Gas, Inc., which purported to own and operate oil and gas leases in several states, including Texas, Oklahoma, Colorado and Arkansas. According to plea documents, May ran a Ponzi scheme from July 2008 to ...
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Odds and ends from UT regents' meeting
Austin American-Statesman
Speaking of investment policy, regents' Chairman Gene Powell of San Antonio pointed out that the system's 2.1 million acres of West Texas lands — and the oil and natural gas revenues they generate — are sometimes overlooked in financial discussions.
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EPA Yet to Respond to Texas Railroad Commission on Fracking
NASDAQ
With the EPA's controversial December hydraulic fracturing draft report still up for peer review, the Texas natural gas and oil regulator entered the fray this week asking the EPA to reclassify it as a "highly influential scientific assessment.
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