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Eagle Ford Shale

Eagle Ford Shale Production Expectations Go Higher

by Kenneth E. DuBose on May 19, 2012

The Eagle Ford Shale story has been fun to watch over the past few years. While there are many shale plays struggling at with low natural gas prices, the Eagle Ford’s liquids yields are supporting economics. There are over 280 rigs active in the South Texas Region as of May 2012.  Almost 210 of those […]

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U.S. Oil Production on the Rise – ND Leads the Pack

by Kenneth E. DuBose on January 31, 2012

U.S. oil production has experienced a more than 30% decline over the past 50 years. Compared to natural gas that has blossomed since the dawn of the boom in the Barnett Shale, that’s a stark difference. The primary reason for the delay is oil is just beginning to bear the fruit of technology application. From […]

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Chesapeake Energy is slashing natural gas spending and re-directing rigs and capital dollars toward liquid-rich plays like the Eagle Ford and Utica shales. Chesapeake is also planning shut-ins of 0.5 Bcfd and will increase that amount to 1 Bcfd if prices don’t begin to recover. The company is targeting a natural gas rig count of […]

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Shale Play Land Deal Prices Hit New Highs in 2011

by Kenneth E. DuBose on January 2, 2012

The price to play the shale play game increased at a brisk pace in 2011. Prices in the Eagle Ford Shale and Utica Shale  went to levels not seen before 2011. Typical Eagle Ford Shale deals were hopping along at a few thousand dollars per acre until Chesapeake and CNOOC reached a JV agreement in the […]

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Does “Use of Water” in an Oil & Gas Lease Constitute FREE Use

by Kenneth E. DuBose on December 13, 2011

In arid regions of the U.S. (e.g. Texas in 2011), water is becoming a precious commodity. Many of us have leased our mineral rights and granted oil and gas companies the right to use water from our property.  The problem is many land owners did not stipulate a price. While this has been commonplace for many […]

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Mineral Rights Disputes are Common Place in Shale Plays

by Kenneth E. DuBose on October 31, 2011

Mineral rights disputes get more serious when a boom hits. No one cares too much about what they own below the surface until it has value. Eagle Ford Shale sized value. That’s when the lawyers come out. In places like Texas, an operator might be working with landowners and mineral owners who have severed rights […]

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Statoil Acquires Brigham – Gains Bakken Acreage

by Kenneth E. DuBose on October 17, 2011

Statoil is acquiring Austin based Brigham Exploration in an all cash transaction worth $4.4 billion. The deal builds on Statoil’s current positions in the Marcellus and Eagle Ford shales, as well as giving the company its first operated position in the onshore U.S. The company paid a 36% premium to BEXP’s previous 30 day average […]

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Texas Dominates the U.S. Rig Count

by Kenneth E. DuBose on September 27, 2011

The Texas rig count leads the next largest state in the U.S. by more than 700 rigs. That’s a lead of 700 in a market that is less than 2,000 rigs. The state employs almost 400 more rigs than the entire country of Canada. That’s why “oil & gas” and “Texas” are synonymous. You simply […]

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Oil Booms – Is Green Energy a Fairy Tale?

by Kenneth E. DuBose on September 16, 2011

When you look at what is happening is South Texas, it’s hard to imagine a green world that creates jobs and actually pays people like the oil industry. The Eagle Ford Shale is a booming example of what old world of energy can do for the country. The solar panel maker Solyndra just declared bankruptcy […]

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Frack Water Recycling Increasing With Texas Drought

by Kenneth E. DuBose on September 7, 2011

Frack water recycling is on the rise as operators face rationing in the worst drought in decades. Texas also has a wildfire problem to contend with. The state needs rain! That’s the only way to say it. The drought is straining more than oil & gas operations in the state. Looking for the silver lining, […]

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