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Thursday, March 22, 2012

Eagle Ford Shale ~ Texas Oil and Gas - News and Information - 3.21.2012

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Sun Resources continues to build up Eagle Ford shale acreage in Texas
Proactive Investors USA & Canada
Sun Resources (ASX: SUR) has acquired additional acreage for its Delta Oil Project in Texas, bringing in closer to its targeted 10000 acres (40.5 square kilometres) over the prolific Eagle Ford Shale oil and gas fairway. The sixth tranche acquisition ...
See all stories on this topic »
EPD Aims for More Fractionators
Zacks.com
Midstream energy service provider, Enterprise Products Partners LP (EPD) plans to add two natural gas liquid (NGL) fractionators at its Mont Belvieu, Texas complex to accommodate the mounting production level from the Eagle Ford shale play and enhance ...
See all stories on this topic »
Air quality and the Eagle Ford: a Q&A with Peter Bella, AACOG natural ...
San Antonio Current
One is that if you look at the AACOG region, if you look at the counties that literally have common boundaries, the eight counties don't really include the Eagle Ford shale. There's only a few counties — Frio, Atascosa, parts of Karnes and Wilson ...
See all stories on this topic »

San Antonio Current
Enterprise to add more fractionation at Mont Belvieu
Oil & Gas Journal
The new units will “facilitate the continued growth of NGL production from various Rocky Mountain producing basins and the Eagle Ford shale play in South Texas,” it said. AJ Teague, executive vice-president and chief operating officer of EPP's general ...
See all stories on this topic »
American Standard Energy Corp Announces 2011 Results and Provides Financial ...
Bradenton Herald
We expect to see additional increases in production in 2012 with the completion of infrastructure in the Eagle Ford, further completions in the Permian Basin and development of our acreage in the Williston Basin." Adjusted EBITDA for the year ended ...
See all stories on this topic »
The Peak Oil Crisis: Parsing the Bakken
Falls Church News Press
There is a lot more to the US shale oil story, however, than simply the Bakken shales in the upper Midwest. The Eagle Ford shale in southwestern Texas has been drawing considerable attention as a major source of oil and natural gas.
See all stories on this topic »
Utica Shale, 2012 - Oil and Gas Market Analysis and Forecasts to 2020
SBWire (press release)
The company expects the operations in the Utica shale to offer better operational economics based on its rock properties and location compared to some of the other developed shales such as the Eagle Ford shale. This has encouraged many major players to ...
See all stories on this topic »
KNOC says consortium buys El Paso assets for $7.15 billion
Reuters India
N) interest in the Eagle Ford shale field in South Texas for $1.55 billion and a stake in US oil company Parallel Petroleum, is among many foreign energy companies looking to raise their presence in the United States. Production from shale fields has ...
See all stories on this topic »
REFILE-UPDATE 1-KNOC says consortium buys El Paso assets for $7.15 bln
Reuters Africa
KNOC, which last year bought one-third of Anadarko Petroleum Corp's interest in the Eagle Ford shale field in South Texas for $1.55 billion and a stake in US oil company Parallel Petroleum, is among many foreign energy companies looking to raise their ...
See all stories on this topic »
Eagle Ford, Rockies Liquids Spur Mont Belvieu Expansion
NGI's Shale Daily (subscription)
The buildout of infrastructure to serve growing liquids-rich natural gas production from shale plays is continuing. Driven by natural gas liquids (NGL) production out of the Rockies and the Eagle Ford Shale of South Texas, Enterprise Products Partners ...
See all stories on this topic »
Mixed Open On Weak Home Sales; Fossil Hits A New High
Investor's Business Daily
KNOC agreed last March to buy one-third of Anadarko Petroleum 's (APC) interest in the Eagle Ford shale in Texas for $1.55 billion. Shares of El Paso Corp. and of Kinder Morgan were little changed in early trade. Fossil (FOSL) gained 3%, moving closer ...
See all stories on this topic »
Oilfield services firm opens Cibolo facility
San Antonio Express
The service center in Cibolo provides support for the company's field service operations in the nearby Eagle Ford shale, an oil and gas producing area that stretches 400 miles from East Texas to the Mexican border. The service center houses part of ...
See all stories on this topic »
Aurora shares rise on reserves report
Finance News Network (press release) (subscription)
Aurora is an Australian and Toronto listed company that is active in the pressured liquids rich region of the Eagle Ford Shale in Texas. The company will today host a briefing conference to discuss its report. Shares in Aurora rose 2.39 per cent ...
See all stories on this topic »

Finance News Network (press release) (subscription)
International School of Hydrocarbon Measurement Announces 2012 School and ...
MarketWatch (press release)
Timely topics, including the measurement challenges associated with the burgeoning new shale plays such as Eagle Ford and Marcellus, will be integral to this year's program. Information and registration links for the 87th annual International School of ...
See all stories on this topic »


Sun Resources continues to build up Eagle Ford shale acreage in Texas
Proactive Investors USA & Canada
Sun Resources (ASX: SUR) has acquired additional acreage for its Delta Oil Project in Texas, bringing in closer to its targeted 10000 acres (40.5 square kilometres) over the prolific Eagle Ford Shale oil and gas fairway. The sixth tranche acquisition ...
See all stories on this topic »
EPD Aims for More Fractionators
Zacks.com
Midstream energy service provider, Enterprise Products Partners LP (EPD) plans to add two natural gas liquid (NGL) fractionators at its Mont Belvieu, Texas complex to accommodate the mounting production level from the Eagle Ford shale play and enhance ...
See all stories on this topic »
Air quality and the Eagle Ford: a Q&A with Peter Bella, AACOG natural ...
San Antonio Current
One is that if you look at the AACOG region, if you look at the counties that literally have common boundaries, the eight counties don't really include the Eagle Ford shale. There's only a few counties — Frio, Atascosa, parts of Karnes and Wilson ...
See all stories on this topic »

San Antonio Current
Enterprise to add more fractionation at Mont Belvieu
Oil & Gas Journal
The new units will “facilitate the continued growth of NGL production from various Rocky Mountain producing basins and the Eagle Ford shale play in South Texas,” it said. AJ Teague, executive vice-president and chief operating officer of EPP's general ...
See all stories on this topic »
American Standard Energy Corp Announces 2011 Results and Provides Financial ...
Bradenton Herald
We expect to see additional increases in production in 2012 with the completion of infrastructure in the Eagle Ford, further completions in the Permian Basin and development of our acreage in the Williston Basin." Adjusted EBITDA for the year ended ...
See all stories on this topic »
The Peak Oil Crisis: Parsing the Bakken
Falls Church News Press
There is a lot more to the US shale oil story, however, than simply the Bakken shales in the upper Midwest. The Eagle Ford shale in southwestern Texas has been drawing considerable attention as a major source of oil and natural gas.
See all stories on this topic »


Post-Fukushima Japan 'fracking' around with danger
Enformable
North Texas energy executives hosted a delegation that came from Japan at the end of 2011 to learn about gas production techniques in the Barnett Shale, as reported in the Fort Worth Star-Telegram. Fort Worth-based Quicksilver Resources, an independent ...
See all stories on this topic »
How the US energy industry stopped worrying and learned to love fracking
Irish Times
He knew there was gas locked in the Barnett Shale, an area around which he had been operating for several decades, but nobody knew how to release it. So he told his staff that they had to find a way. “The industry didn't give a damn about the Barnett,” ...
See all stories on this topic »

Irish Times
BMO Capital Boosts Carrizo Oil & Gas EPS Estimates After Recent Sale (CRZO)
zolmax.com
They wrote, ”Carrizo sold 35 MMcfe/d of Barnett Shale production for ~$5400 per flowing Mcfe. The price doesn't raise the class average, but it does replenish liquidity and help close this year's cash flow gap in the way it was meant ($190 mn in cash ...
See all stories on this topic »
Vapors Sicken Arlington
FWWeekly
Sharon Wilson (no relation), who runs her own Barnett Shale blog, Bluedaze: Drilling Reform, and is an organizer with Earthworks' Texas OGAP, said Chesapeake's claims that the sickening vapor is just steam are nonsense. “Some of the worst levels of ...
See all stories on this topic »
In The Pipeline: CoStar Development & Construction News for March 18 - 24
CoStar Group
Extell President Gary Barnett, Senior Vice President Raizy Haas and Executive Vice President David Rothstein, along with Daniel R. Tishman, Chairman and CEO of Tishman Construction Corporation and Vice Chairman of AECOM Technology Corp., ...
See all stories on this topic »
Energy Independence for America?
The New American
The combination of new technology (fracing and horizontal drilling) in shale formations and in deepwater formations will push North American production so fast that OPEC won't be able to keep up. Coupled with estimates of declining demand for refined ...
See all stories on this topic »

 
President Obama to visit New Mexico oil fields
Austin American-Statesman
The Associated Press MALJAMAR, NM — President Barack Obama plans to visit New Mexico's petroleum fields on federal lands outside of Maljamar Wednesday to tout the fact that domestic oil and gas production has increased each year he has been in office.
See all stories on this topic »
Obama, GOP vie for upper hand on energy
The Associated Press
The president is defending his energy agenda this week, traveling Wednesday to a solar panel plant in Nevada and later to oil and gas fields in New Mexico and the site of a future oil pipeline in Oklahoma. At the same time, GOP opponents from ...
See all stories on this topic »
Drilling Info, Inc. Has Selected Energy Navigator as Sole Solution Provider ...
MarketWatch (press release)
AUSTIN, Texas, March 21, 2012 /PRNewswire via COMTEX/ -- Energy Navigator, a leading provider of software solutions for the oil and gas industry, announced that Drillinginfo has selected Value Navigator for exclusive use in the United States.
See all stories on this topic »
ESP Resources, Inc. Reports Record 2011 Annual and Fourth Quarter Financial ...
MarketWatch (press release)
SCOTT, La., Mar 21, 2012 (GlobeNewswire via COMTEX) -- ESP Resources, Inc. (OBB:ESPI) (the "Company" or "ESP Resources"), an oil and gas services company offering analytical services and essential custom-blended oil and gas well chemicals which improve ...
See all stories on this topic »
Oil execs to Obama: Partial Keystone pipeline approval isn't enough
The Hill (blog)
By Ben Geman - 03/21/12 10:59 AM ET Top executives with Oklahoma-based oil-and-gas companies are greeting President Obama's upcoming visit with a push for approval of the entire Keystone XL pipeline, not just the Oklahoma-to-Texas portion that the ...
See all stories on this topic »
S&P lwrs Milagro Oil & Gas Rtg To 'ccc+'; outlook negative
Reuters
Under Standard & Poor's hydrocarbon pricing assumptions of $3 per million Btu Henry Hub natural gas and $80 per barrel of West Texas Intermediate crude oil for 2012 as well as production volumes held at 2011 level, we expect that year-end 2012 debt ...
See all stories on this topic »
Korea National Oil to Join Apollo-Led Group for El Paso Assets
Bloomberg
Korea National Oil Corp. (KNOCPZ), South Korea's state energy developer, said it will join an Apollo Global Management LLC-led group that agreed to buy El Paso Corp.'s oil and gas exploration business for $7.15 billion. The group, which includes ...
See all stories on this topic »
Little Known Natural Gas Play Attracts Fresh Investor Attention
Forbes
One of the few laggards in the currently forceful market advance is the natural gas sector, which isn't surprising because of the languishing and dispirited price of natural gas. Needless to say, some oil-patch bulls have been bargain hunting–snapping ...
See all stories on this topic »
KOB will be there live when Obama visits New Mexico oil fields Wednesday
KOB.com
Maljamar, located about 280 miles southeast of Albuquerque near the Texas border, is home to more than 70 active drilling rigs. While there, the president will speak about his commitment to expanding domestic oil and gas production.
See all stories on this topic »

KOB.com
FACT CHECK: More US drilling didn't drop gas price
The Associated Press
Open up drilling in continental shelf, drill in North Dakota, drill in Oklahoma and Texas.'" On Wednesday, with President Barack Obama traveling to oil and gas production fields on federal lands, Crossroads GPS, a nonprofit arm of a super PAC ...
See all stories on this topic »
Sun Resources continues to build up Eagle Ford shale acreage in Texas
Proactive Investors USA & Canada
Sun Resources (ASX: SUR) has acquired additional acreage for its Delta Oil Project in Texas, bringing in closer to its targeted 10000 acres (40.5 square kilometres) over the prolific Eagle Ford Shale oil and gas fairway. The sixth tranche acquisition ...
See all stories on this topic »
Obama to fast track southern portion of Keystone XL Pipeline
CNN (blog)
Yes, folks, don't bet on the price of your gas lowering anytime soon. The XL Pipeline is only going to benefit Big Oil, yet again. They have refineries at the gulf, and they can fill ships there for export, since this oil was never intended for US ...
See all stories on this topic »
Oil and gas midstream conference: planning and optimism
State Journal
By Pam Kasey - email Developing a rich gas play is more complicated, costs more and takes more time than developing a dry gas play. But the rewards, for the developers and for the region, can be huge. That's the fundamental message midway through the ...
See all stories on this topic »
Vapors Sicken Arlington
FWWeekly
Some residents have teamed up with the Texas Oil and Gas Accountability Project, which is part of the Earthworks environmental group, an organization dedicated to protecting communities from the effects of irresponsible mineral and energy development.
See all stories on this topic »
White House Picks Sides in Keystone XL, and TransCanada is the Winner
Policyshop (blog)
The section to be built will run from Cushing, Oklahoma to Texas and carry crude oil pumped in the Midwest to refineries in Texas and be completed by late 2013—so it will have virtually no impact on the current high gas prices.
See all stories on this topic »
Thompson & Knight Bolsters International Oil and Gas Arbitration Expertise
Bradenton Herald
By Thompson & Knight DALLAS, NEW YORK and LONDON, March 20, 2012 — /PRNewswire/ -- The global oil and gas industry is increasingly turning to arbitration in resolving a wide range of legal disputes, and the law firm of Thompson & Knight continues to ...
See all stories on this topic »
Potential bounty for North Carolina
News & Observer
By Daniel I. Fine Nearly 40 years ago, when the first oil price shock from the Middle East and OPEC disrupted the American economy, North Carolina and Appalachia briefly became an oil and gas frontier. Following geological investigations, Chevron ...
See all stories on this topic »
More US drilling didn't drop gas price
CBS News
But more US drilling has not changed how deeply the gas pump drills into your wallet, math and history show. A statistical analysis of 36 years of monthly, inflation-adjusted gasoline prices and US domestic oil production by The Associated Press shows ...
See all stories on this topic »

CBS News
As natural gas production grows, questions arise about methane leaks
Kansas City Star
The oil and gas industry is the biggest source of US methane emissions, accounting for about 40 percent, according to the Environmental Protection Agency. Industry says that figure is inflated, because equipment is widely used to keep methane from ...
See all stories on this topic »
Oil Under Our Noses
New York Times
By 2011, that number had shrunk to less than half of our total oil consumption, due mainly to new domestic production from unconventional sources in North Dakota and enhanced recovery from older wells in Texas. Of course, this doesn't mean we are ...
See all stories on this topic »
How the US energy industry stopped worrying and learned to love fracking
Irish Times
In the Eagle Ford in Texas – a part so remote, even most Texans have never heard of it – hundreds of workers are now working to extract oil, and it's rumoured that the only La Quinta hotel in the area is booked out for the next five years. Gas has now ...
See all stories on this topic »

Irish Times
US Oil Drilling May Not Improve Gas Prices, Study Says
Huffington Post
By SETH BORENSTEIN and JACK GILLUM 03/21/12 06:52 AM ET In this March 19, 2012, photo, a motorist pumps gas at a Mount Lebanon, Pa., mini-mart. A statistical analysis of 36 years of monthly inflation-adjusted gasoline prices and US domestic oil ...
See all stories on this topic »
The truth about gas prices
Sarasota Herald-Tribune
New York Times News Service Jeff Bingaman, chairman of the Senate energy committee, complained the other day of "widespread misunderstanding" about rising oil prices. He was being senatorially polite. The issue of gas prices has not only been ...
See all stories on this topic »
Dynamic Energy Alliance's Development Unit Signs Definitive Agreement to ...
MarketWatch (press release)
The Ennis energy campus, once completed, is anticipated to have the capacity to convert an estimated 100 million pounds of waste tires per year (subject to market conditions) into oil, high-BTU gas, carbon black and recovered steel using a proprietary ...
See all stories on this topic »
USDA Excluding Rural Home Loans From Environmental Reviews
Bloomberg
The US Department of Agriculture will continue to exempt rural housing loans from environmental reviews that may slow expansion of oil and natural-gas drilling. Agriculture Secretary Tom Vilsack said he will authorize a notice today affirming that ...
See all stories on this topic »
Obama to tour 3 states in support of energy policy
Bellingham Herald
On the way to Oklahoma - starting point of the southern half of the controversial pipeline - Obama will attempt to highlight the approval of dozens of oil pipelines during his time in office. Although the full Keystone line from Canada to Texas failed ...
See all stories on this topic »
Money $marts: What the frack?
Naples Daily News
By GERRY KRAMER Ever since the short lived 1974 Arab nation embargo on oil sales to the US and the internal disruptions it caused — rationing, quadrupling of gas prices and long lines at the filling stations — every sitting president and candidate ...
See all stories on this topic »
Lizard makes an impact on southeast New Mexico economy
KOB.com
Kintigh points to scientific research gathered by Don Sias and Howard Snell of the University of New Mexico, and by the science department of the University of Texas. Both reports found that oil and gas companies present in land where the Dunes ...
See all stories on this topic »

KOB.com
Memorial Production Partners LP Announces Fourth Quarter and Full Year 2011 ...
MarketWatch (press release)
Estimates of proved reserves as of December 31, 2011 were prepared by the independent engineers of Netherland, Sewell & Associates, Inc. (1)During April and May 2011, our predecessor acquired significant oil and gas properties from third parties.
See all stories on this topic »
American Standard Energy Corp Announces 2011 Results and Provides Financial ...
Bradenton Herald
By American Standard Energy Corp SCOTTSDALE, Ariz., March 21, 2012 — /PRNewswire/ -- American Standard Energy Corp ("American Standard" or the "Company") (OTCBB: ASEN), a domestic oil and gas exploration and production company, today announced results ...
See all stories on this topic »
Linn Energy sees spending up to $2 billion yearly on deals
Reuters
By Swetha Gopinath (Reuters) - Oil and gas firm Linn Energy LLC (LINE.O), which has seen its output rise 20-fold since its market debut in 2006, will spend up to $2 billion on acquisitions every year as it looks to keep up its scorching growth.
See all stories on this topic »
Vanguard Natural eyes $400 million in deals, nat gas assets
Reuters
N) will spend at least $400 million on acquisitions this year and is looking to snap up natural gas properties as weak prices for the fuel knock down the value of these assets, the US oil and gas company's finance chief said.
See all stories on this topic »
Miller Energy Resources Obtains North Slope Pricing for its Alaska Oil
MarketWatch (press release)
KNOXVILLE, Tenn., March 21, 2012 /PRNewswire via COMTEX/ -- Miller Energy Resources, Inc. ("Miller") (NYSE:MILL) , a high growth oil and natural gas exploration, production and drilling company announced today that its wholly-owned subsidiary, ...
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Blogs 7 new results for texas oil and gas
RFP : Oil & Gas Royalty Reporting and Accounting System in Texas ...
By The RFP Database
Selection of a Contractor to Provide Consulting Services, Software, Custom Programming and Integration Services.
The RFP Database
The Oil Drum | Drumbeat: March 21, 2012
By Leanan
This region of central and east Africa is considered one of the hottest unexplored regions in the world for potential hydrocarbons—oil and gas. In 2010 Texas oil company Anadarko Petroleum discovered a giant reservoir of natural gas off the ...
The Oil Drum - Discussions about...
Production Engineer (Houston, TX, USA) — All jobs (page 2)
Production Engineer needed for a full-time opportunity with an independent oil and gas company in Houston, Texas. The ideal candidate will have a bachelor's degree in petroleum, mechanical, chemical or civil engineering and a minimum of ...
All Jobs — RSS Feed - Misco Jobs
Texas Insider » President Travels to Ohio, Nevada, New Mexico ...
By admin
The White House plans to continue to expand responsible oil and gas development, all of which play a central role in increasing our nation's energy security. On Wednesday, the President will begin the tour in Boulder City, Nevada where he ...
Texas Insider
Fuel Fix » Reid says measure coming “soon” on axing oil, gas tax ...
By Puneet Kollipara
The rest of the publicly traded non oil and gas companies would still use normal DD&A rules. This is nothing but borrowing from the future, as politicians like to do to help buy votes, since these proposed rules would raise more texas when oil ...
Fuel Fix
Outsourcing Law & Business Journal 2012 | Outsourcing Law
By Bierce & Kenerson, P.C.
May 14, 2012, 4th eDiscovery Oil & Gas Conference, Houston, Texas. Mark your calendar for the 4th eDiscovery Oil & Gas Conference. Building off of the success of our 2011 event, eDiscovery Oil & Gas will return to Houston on May 14-16 for ...
Outsourcing Law
Antares Energy adding more Wolfberry producers in Texas, gets ...
digital-look imported chart image. 1 day chart. digital-look imported chart image. Antares Energy. Antares Energy (ASX: AZZ) is an oil and gas exploration and production company focused on projects in the Permian Basin in Texas.
Proactiveinvestors Australia website

Web 5 new results for texas oil and gas
Fueling Unconventional Oil & Gas Infrastructure, GE Unit Backs ...
Fueling Unconventional Oil & Gas Infrastructure, GE Unit Backs Howard Energy Partners' Acquisition of South Texas Gas Pipeline. Business Wire ...
finance.yahoo.com/.../fueling-unconventional-oil-gas-infrastru...
Beware of Oil and Gas Scams in Texas!
Recently, scams and frauds have been rampant in the oil and gas industry. Find out how to spot a scam before it's too late!
oilinfo.org/2012/03/beware-oil-gas-scams-texas/
Energy / Oil & Gas Services Jobs - Dallas, TX - New Grad Life: job ...
Search Energy / Oil & Gas Services jobs in Dallas, TX and related jobs at New Grad Life: job postings.
newgradlife.jobamatic.com/a/jobs/find.../l-Dallas,+TX
Oil and Gas Companies Are Allowed to Take Privately Owned ...
Texas Rule 37, Statewide Spacing Rule, Prevents the Well Bore of a. Producing Oil or Gas Well from Being Located within 330 Feet of an. Unleased Track of ...
www.spectraenergywatch.com/wp.../03/Texas-Rule371.pdf
Texas Energy Group, LLC (TEG) Announces Successful Drilling in ...
Texas Energy Group (TEG) is an Austin, TX based Oil & Gas Exploration and Investment Company specializing in multi-well, low risk developmental drilling ...
www.prlog.org/11830319-texas-energy-group-llc-teg-announ...

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