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Texas Oil and Gas - News and Information
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A
welcomed respite in a boom town San Antonio Express By Beth Brown PEARSALL — The Eagle Ford Shale boom has brought almost 50000 workers to South Texas, and San Antonio-based caterer Don Strange of Texas is capitalizing on the demand for food with a new food and entertainment venue here as well as ... See all stories on this topic » |
Oil
Prosperity Comes To McMullen County, Texas Daily Markets McMullen County Texas is in the heart of the oil-rich Eagle Ford Shale formation in South Texas, where oil production is gushing and could reach 1 million barrels per day by 2016. A recent study from the University of Texas-San Antonio projects the ... See all stories on this topic » |
SA
man bets all on luxury 'man camp' KSAT San Antonio Man camps with nothing but the essentials are popping up all across South Texas to squeeze in all the workers from the Eagle Ford Shale. But Bill Wakim had a different idea. He built Wotel One near Carrizo Springs, and he wants it to cater to the oil ... See all stories on this topic » |
Analyst:
US unconventional liquids production could mean zero net oil
imports Oil & Gas Journal He credited horizontal drilling and multistage hydraulic fracturing in North Dakota's Bakken formation and the South Texas Eagle Ford shale with reversing a nearly 40-year-long decline in domestic oil supply. During 2011, US oil production reached 8.1 ... See all stories on this topic » |
FTS
International announces layoffs in Shreveport, Longview KLTV FTSI has been moving its completions equipment and personnel to work in areas where more wells are being drilled, such as the Eagle Ford Shale in south Texas and the Permian Basin area of west Texas. We will continue to operate in the Haynesville area ... See all stories on this topic » |
Chesapeake:
This $13 Stock Is Out Of Gas Seeking Alpha In fact, ConocoPhillips recently indicated that its planned $15 billion capital expenditures for each of the coming years will focus on US shale plays, specifically the Eagle Ford, the Permian Basin, and the Bakken - three areas where Chesapeake has ... See all stories on this topic » |
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Atlas
Resources Buys Another Big Barnett Asset NGI's Shale Daily (subscription) Atlas Resources Partners LP (ARP) has made a friendly deal to take over privately held Barnett Shale operator Titan Operating LLC for $184 million, giving the Philadelphia-based operator another big natural gas liquids (NGL) lift in the heart of Texas. See all stories on this topic » | ||
Devon:
Ready To Jump 40% On Natural Gas Rebound Seeking Alpha Devon attributes its 21% increase in liquid natural gas production primarily to activities in the Barnett Shale, Cana-Woodford Shale and Granite Wash. Devon appears to believe that natural gas prices will remain stable for the short term, ... See all stories on this topic » | ||
French
company receives its stakes in leases Youngstown Vindicator When the agreement between Chesapeake and Total was announced Aubrey K. McClendon, Chesapeake's CEO called the venture an extension of the companies' relationship that began in the Barnett Shale. “We believe that the Utica Shale is a world-class asset ... See all stories on this topic » |
Gas-rich
states lose fracking lottery The Republic (Reuters) - While Pennsylvania, northwestern Louisiana and gas-rich areas around the Gulf of Mexico are losing jobs and revenue as the fracking industry shrinks after a price collapse, oil-rich North Dakota and Texas are in the midst of a boom. See all stories on this topic » | ||
Comstock
Stays Neutral Zacks.com Frisco, Texas-based Comstock is an independent oil and gas exploration and production company engaged in the acquisition, exploration and development of oil and gas properties. The company's operations are concentrated primarily in two regions in the ... See all stories on this topic » | ||
Anadarko
to Present at Upcoming Oil & Gas Conference Energy Digital (press release) HOUSTON, TX--(Marketwire - May 18, 2012) - Anadarko Petroleum Corporation (NYSE: APC) today announced that Vice President, Exploration, Ernie Leyendecker, will present at the 2012 UBS Global Oil & Gas Conference on Wednesday, May 23, 2012 at 7:30 am ... See all stories on this topic » | ||
PN
Bakken: March output makes North Dakota second biggest US oil
producer Petroleum News North Dakota oil drillers pumped 17.8 million barrels in March, with a daily average of 575490 barrels, said Assistant North Dakota Oil and Gas Division Director Bruce Hicks. That compares to 17.6 million in Alaska, though still far behind Texas. See all stories on this topic » | ||
Tax
Controversies, Tax Reform And Oil & Gas Metropolitan Corporate Counsel We are fortunate to be located near the Eastern District of Texas where the federal court offers an expedited docket for intellectual property litigation. We also were identified as the nation's top oil and gas firm for 2012 by US News & World Report ... See all stories on this topic » | ||
Range
sues Texas resident after YouTube post Upstream Online The battle playing out in state court has raised thorny questions about free speech as well as the US Environmental Protection Agency's regulation of the oft-controversial well-stimulation process, used to extract oil and gas from horizontal wells ... See all stories on this topic » | ||
Oil,
gas prices may keep sliding to long weekend The Detroit News Detroit's average gas price on Friday was 3.81 per gallon. Lower oil prices are the main reason. Weaker demand is also helping to push down prices, as consumers watch their spending in the sluggish economic recovery. Motorists on the West Coast, ... See all stories on this topic » | ||
Imperial
Oil's Kearl output will push prices down, analyst says Edmonton Journal “There is really no market for it until BP's Whiting refinery expansion (near Chicago) opens in mid-2013,” Bank of Montreal oil and gas analyst Randy Ollenberger said Friday. The BP refinery is being modified to handle the heavy crude from the oilsands ... See all stories on this topic » | ||
Modular
housing maker targets oil, gas industry Northern Colorado Business Report PTI said it will sell its accommodations statewide, as well as in Wyoming, Utah, Texas, the Dakotas and Montana, to the oil and gas industry. But PTI acquired the facility – once occupied by Barvista Homes, a modular single- and multi-family home ... See all stories on this topic » | ||
TEXT-S&P
cuts Clayton Williams Energy ratings Reuters The corporate credit rating continues to reflect the company's modest scale of operations, high cost structure, and inherent volatility in cash flows because of crude oil and natural gas price fluctuations. Somewhat countering this in the near term is ... See all stories on this topic » | ||
PN
Bakken: Infrastructure puts crimp on Bakken Petroleum News “The infrastructure is stressed,” Mark Williams, senior vice president of exploration and development at Whiting Petroleum, told a Platts Rockies Oil and Gas Conference. “The road system is very difficult. It's difficult to move oil field services in ... See all stories on this topic » | ||
Crowded
field vies to succeed Ron Paul in US House Austin American-Statesman By WILL WEISSERT The Associated Press LAKE JACKSON, Texas — When Republican congressional hopeful Randy Weber knocks on doors in Ron Paul's hometown and says he'd like to take "Dr. No's" place in Washington, he offers a caveat. See all stories on this topic » | ||
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Why
We Aren't Driving Natural Gas Powered Cars Jalopnik America is in the midst of the biggest energy boom since Texas' 20th Century Gusher Age. All over the country, new drilling techniques have created an abundance of cheap natural gas. With domestic production at more than 25 billion cubic feet per day, ... See all stories on this topic » | ||
Midland's
unemployment rate drops to 3.5 percent Midland Reporter-Telegram Fueled by growth in the dominant oil and gas sector, Midland and Odessa continue to lead the state labor market. The Texas Workforce Commission said Friday the unemployment rate in the Midland metropolitan statistical area fell to 3.5 percent in April ... See all stories on this topic » | ||
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A
Clean-Air Program, Texas-Style (Side Effects May Include A Natural
Gas Subsidy) Dallas Observer (blog) But one provision, passed in the last legislative session and sponsored by Woodlands Republican Senator Tommy Williams, promises a seeming panacea -- to bolster our energy independence from foreign oil; to clean the air; and to spur clean-energy job ... See all stories on this topic » | ||
Prices
dropping at the pump STLtoday.com That's because the gas they buy is refined from oil produced in the Gulf Coast region, where prices are among the lowest in the country, Kloza said. And state and local gas taxes there are lower than in other areas. For example, the average pump price ... See all stories on this topic » | ||
Expect
lower gas prices heading into Memorial Day Washington Post Lower oil prices are the main reason. Weaker demand is also helping to push down prices, as consumers watch their spending in the sluggish economic recovery. Motorists on the West Coast, in Illinois and New York are paying the most for gas — from $3 ... See all stories on this topic » | ||
Fort
Worth-Arlington unemployment rate falls to 6.3 percent Fort Worth Star Telegram While natural gas drilling has slowed considerably in the Barnett Shale, drilling for oil has surged in South and West Texas. "It's still growing at 15 percent over the year," Abbot said. "Even though it's a small sector, that little sector is adding ... See all stories on this topic » | ||
Louisiana
Politics: Vitter, Salazar, Scalise and New Orleans School Board Bayoubuzz If you haven't been following the debate, the term "legacy lawsuits" is used in reference to lawsuits where a landowner claims old oil and gas operations contaminated their property. These lawsuits are often filed against every operator who has ever ... See all stories on this topic » | ||
Eagle
Energy Trust Announces Closing of Bought Deal Financing and
Acquisition Energy Digital (press release) Eagle Energy Trust is an energy trust created to provide investors with a publicly traded, oil and natural gas focused, distribution producing investment with favourable tax treatment relative to taxable Canadian corporations. See all stories on this topic » | ||
US
spot Henry Hub gas price slips from 3-month high Reuters But Baker Hughes data also showed that horizontal rigs, the type most often used to extract oil or gas from shale, hit another all-time high this week, climbing six to 1193. The shift away from dry gas to higher-value shale oil and shale gas liquid ... See all stories on this topic » | ||
Pipeline
Flip Turns US Oil World 'Upside Down' Minnesota Public Radio That flow reversal could soon have implications at gas pumps around the country. "For 40 years, crude oil flowed north," says Philip Verleger, a visiting fellow at the Peterson Institute for International Economics. "Today, oil flows south. See all stories on this topic » | ||
Oil
drillers find shipwreck Burlington Hawk Eye By STACEY PLAISANCE AP NEW ORLEANS - An oil company exploration crew's chance discovery of a 200-year-old shipwreck in a little-charted stretch of the Gulf of Mexico is yielding a trove of new information to scientists who say it's one of the most ... See all stories on this topic » | ||
Local
jobless rate declines Houston Chronicle Smith said he would like to see stronger month-over-month growth of Houston's bread-and-butter industries, including oil and natural gas exploration and production. "We need to keep an eye on that," he said. But Smith said Houston is doing well, ... See all stories on this topic » | ||
US
drilling rig count gains 12 units to reach 1986 Oil & Gas Journal By Steven Poruban There were a total of 1986 oil and gas drilling rigs working in the US this week, up by 12 units from last week. The rig count for the week ended May 18 was up by 156 rigs compared with the same period a year ago, Baker Hughes Inc. See all stories on this topic » | ||
Chorus
of Chesapeake critics grows louder Houston Chronicle McDonald said earlier this week, however, that the company's holdings in oil and gas fields are worth as much as $60 billion and parcels can be sold to pay off lenders and keep oil rigs drilling. The company plans to sell up to $11.5 billion in assets ... See all stories on this topic » | ||
The
week ahead: House GOP takes energy campaign on the road The Hill (blog) Republicans over the last year have pushed a series of bills through the chamber aimed at mandating domestic oil-and-gas leasing policies that are far more aggressive than the White House's current approach. They're also critical of plans to regulate ... See all stories on this topic » | ||
DNR
terminates North Slope unit after long delays Anchorage Daily News Alaskan Crude argues the termination is premature because the company is working through an appellate review before the Alaska Oil and Gas Conservation Commission. The company asked the state for permission to begin drilling next winter. See all stories on this topic » | ||
Ted
Cruz on SP Radio: Phones Lit Like Christmas Tree after Palin
Endorsement The Cypress Times ... and he got a job washing dishes making 50 cents an hour, and paid his way through the University of Texas. And he and my mother ended up starting a small business – a seismic data processing business in the oil and gas industry. When I was a kid, ... See all stories on this topic » | ||
Making
sense of gas dollars Northwest Herald Demand also is a key factor in the price of gas. Whether it's oil from Saudi Arabia or oil from Texas, it can be shipped anywhere there is higher demand. DeHaan compared trading in crude oil to a massive eBay auction involving countries around the ... See all stories on this topic » | ||
PN
Bakken: The Bakken from five points of view Petroleum News In the liquids-rich Marcellus shale, Magnum Hunter estimates a 33 percent IRR based on an average well cost of $6.5 million and an EUR of 8.2 billion cubic feet of natural gas. Those figures assume oil prices at $90 per barrel. See all stories on this topic » | ||
Sintana
Energy Inc. Completes ColCan Business Combination And $11 Million
... Stockhouse The principal purpose of the Business Combination is to combine interests in oil and natural gas blocks held by Sintana with those held or in the process of being acquired by ColCan in Colombia. ColCan contributed its interest in VMM 37 by virtue of ... See all stories on this topic » |
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Comstock
Stays Neutral By Zacks Investment Research Frisco, Texas-based Comstock is an independent oil and gas exploration and production company engaged in the acquisition, exploration and development of oil and gas properties. The company's operations are concentrated primarily in two ... DailyMarkets.com | ||
PKF
Texas: The Entrepreneur's Playbook® - Paul Parsons - The
... Then the gas supplies get to be so abundant that the price plummets and now drilling has moved away from the shale gas and is more towards shale drilling that involves liquids such as oil or gas liquids, and these areas are like the Bakken ... The Businessmakers Radio Show | ||
Learning
Lessons From California - - Politics By Richard Larsen An estimated 25 billion barrels of oil are sitting untapped in the vast Monterey and Bakersfield shale deposits. Over the past decade, Texas has created 200000 oil and gas jobs, while California has hardly added any. The Wall Street Journal ... Politics |
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Dawson
County, TX - Oil & Gas Discussion - Mineral Rights
Forum Oil & gas discussion group for those interested in Dawson County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, an… www.mineralrightsforum.com/.../4401368:Comment:193912?... | ||
North
Dakota and Texas: Oil's MVPs | IPAA The fact is there has been an absolute revolution in oil and natural gas development ... America's two “All-Star States” of North Dakota and Texas, with their now ... www.ipaa.org/2012/05/09/north-dakota-and-texas-oil’s-mvps/ | ||
Oil
And Gas Job Cedar Park Texas | Manufacturing Engineering
... Engineering Manufacturing Engineering Support Tech TX. oil-and-gas.jobs.net/.../manufacturing-engineering-support-tec... | ||
Aztec
announces successful drilling in Montgomery County, Texas Aztec Oil & Gas, Inc., announced the successful drilling of the Blackstone Southland #1 well, located in Montgomery County, Texas. The well was drilled, logged, ... www.worldoil.com/Aztec_announces_successful_drilling_in_... | ||
Texas
Oil and Minerals (TOMI) Stock Message Board - InvestorsHub Railroad Commission of Texas, RRC, TRC,a Texas regulatory agency, provides information about Texas Alternative Energy, LP Gas, Natural Gas, Crude Oil ... investorshub.advfn.com/Texas-Oil-and-Minerals-TOMI-7820/ | ||
Tap
Management Austin Texas Gears Up Today, the company is a member of the The Austin Chamber of Commerce, Texas Oil and Gas Association, and the Dunn & Bradsheet. The company owns its ... www.cantabriasolar.com/tap-management-austin-texas-gears-up/ |
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