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Posts tagged as:

Granite Wash

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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Granite Wash Royalty Trust From Chesapeake Energy

by Kenneth E. DuBose on July 12, 2011

A Granite Wash Royalty Trust on Chesapeake Energy’s property in the Mid-Continent Region of Oklahoma is the latest ploy to raise capital. The devil is in the details when it comes to Royalty Trusts. Will the trust operate into perpetuity or will it dissolve after so many years.  Will the operator drill in this area […]

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Texas becomes the first state to pass a law requiring the public disclosure of hydraulic fracturing fluids. “Texas Gov. Rick Perry has signed a bill requiring drillers to publicly disclose the chemicals they use when extracting oil and gas from dense rock formations, the first state to pass such a law. “The issue has taken […]

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