Posts tagged as:
The oil rig count has surpassed the natural gas rig count in all polls and don’t expect that to change without higher natural gas prices. We’re experiencing a renaissance in oil drilling that might create hundreds of thousands of jobs and grow U.S. oil production by millions of barrels per day over the next decade. This is the […]
{ Comments on this entry are closed }
EOG’s Bakken Shale and Eagle Ford Shale success was the direct result of the company’s exploratory mentality. The company followed the lead of a geologist when entering the Bakken and then quickly began expanding into the Eagle Ford Shale when it first identified the play. The company literally led the industry into liquids-rich gas and […]
{ Comments on this entry are closed }
Chesapeake Energy announced its Utica Shale acreage position in its quarterly earnings call this morning. The company has leased over 1.25 million acres in the Ohio Shale and expects the acreage could be worth $15-20 billion. The acreage position doesn’t come as a surprise as many have known they were establishing a significant position, but […]
{ Comments on this entry are closed }
The Marcellus Shale, Eagle Ford Shale and West Texas’ Permian Basin should be thanked for the number of jobs that have been created over the past few years. Texas accounts for close to half of the net new jobs created since the recession began in 2007. Pennsylvania comes in third behind New York and then […]
{ Comments on this entry are closed }
Available oil field jobs in the Eagle Ford Shale are now easier than ever to locate through the Eagle Ford Oil Jobs section at EagleFordShale.com. And, for employers, introductory pricing is now available to list your oilfield job openings specific to the Eagle Ford Shale Play. Visit the Eagle Ford Shale Job Listings today! The […]
{ Comments on this entry are closed }
NAPE will be in Houston, TX, from August 17 through the 19th. The conference and EXPO has become a playground for oil & gas leasing and land deals. If you want to know where the next hot shale play is going to be, the first peak will be at NAPE where every company from the […]
{ Comments on this entry are closed }
SM Energy announced an agreement to sell Marcellus Shale assets to Endeavor International for $80 million. The deal includes 42,000 acres and associated wells and pipeline assets. The SM acreage was located in McKean County and Potter County in Pennsylvania. This marks the third deal in two months that will help SM Energy finance its […]
{ Comments on this entry are closed }
Boone Pickens isn’t shying away from shale gas, so be prudent in evaluating your land when you begin to negotiate oil and gas leases. Prices aren’t as high for gas properties as they were in 2007-2008, but don’t feel to sign without fully evaluating your situation. Make sure you utilize the free resources like MineralRightsForum.com […]
{ Comments on this entry are closed }
The EIA estimates technically recoverable U.S. shale oil reserves are over 24 billion barrels or enough to fuel our needs for 7 years. What I find interesting is that some industry proponents like Harold Hamm of Continental Resources think that the Bakken alone holds 24 billion barrels of oil equivalent. If that’s the case, expect […]
{ Comments on this entry are closed }
NGLs (Natural Gas Liquids) supply is expanding with increases in production from parts of the Marcellus Shale and the Eagle Ford Shale in South Texas. Expect the petrochemical industry to begin expanding and building new facilities like the proposed Shell ethylene plant in the Northeast. This is a win for mineral owners as more demand […]
{ Comments on this entry are closed }