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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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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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Texas RRC – Hydraulic Fracturing Disclosure Rules Accepted

by Kenneth E. DuBose on August 31, 2011

Texas hydraulic fracturing rules are close to being implemented. The rules will go to a 30 day comment period before being enacted. Texas was the first state to pass legislation that requires the disclosure of frack fluids. The Texas Railroad Commission on Monday began the process of adopting a set of rules that would require oil […]

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Idaho Mineral Rights – Oil & Gas Leasing Continues

by Kenneth E. DuBose on August 3, 2011

Oil & gas mineral rights leasing in Idaho continues as operators have success drilling wells. The full resource is yet to be determined as Bridge Resources works with midstream companies to bring production to market later in 2011. The local paper recently released some advice for oil & gas mineral owners, which is copied below. […]

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Texas Fracking Disclosure Law Signed and Praised

by Kenneth E. DuBose on July 18, 2011

Texas became the first state with active legislation regarding the disclosure of chemicals used in hydraulic fracturing when Governor Rick Perry signed the bill into law. The fracking legislation was welcomed as the industry defends itself in places like the Marcellus Shale. Texas, as a more mature producing state, stepped forward to provide direction and […]

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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 […]

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U.S. Natural Gas Production Increases in April

by Kenneth E. DuBose on June 29, 2011

US natural gas production was up 0.5 bcfd to 78.56 bcfd in April of 2011.  Year over year gas production has now grown almost 5 bcfd. The Haynesville Shale in Louisiana, the Marcellus Shale in Pennsylvania, and the Eagle Ford Shale in Texas are all driving shale gas production to new records. “Louisiana doubled its […]

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Southlake TX extends Barnett Drilling Moratorium

by Kenneth E. DuBose on June 27, 2011

Southlake, TX is still debating drilling inside the city. Looks like there won’t be any drilling in 2011. “Gas drilling still divides the city, weeks after XTO Energy dropped plans to put wells in Southlake. The latest showdown came on June 21 when the City Council extended the moratorium on new gas drilling applications by […]

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TransCanada is meeting strong resistance from environmentalist battling to block the Keyston XL Pipeline that will stretch from Canada to the Gulf Coast.  The pipeline will deliver Canadian Oil Sands production to the refining region of the Gulf Coast. “Conservationists are still fuming about President Obama’s continued lack of follow-through on his promise to affix […]

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Oil Rig Count Surpasses 1,000

by Kenneth E. DuBose on June 24, 2011

The oil rig count surpassed 1,000 active rigs for the first time since the boom of the 1980s in June of 2011.  The big difference between now and the early 1980s is that companies are now targeting shale plays and unconventional rocks that require horizontal drilling and multi-stage hydraulic fracturing (fracking) to produce commercial quantities […]

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