Disclosed

Apache Encouraged by Emerging Whittenburg Basin Results

Apache Corp. on Thursday disclosed “encouraging” results from an exploratory drilling program in the emerging Whittenburg Basin in the Texas Panhandle, where five of six initial vertical tests were completed as “oil producers” in the Canyon Wash interval.

February 17, 2012

EQT: Earnings, Production, Proved Reserves Up in 2011

Just days after it announced that it would suspend drilling in the Huron Shale, EQT Corp. said Thursday that its 2011 earnings totaled $479.8 million and annual production increased more than 44% from a year ago, to 194.4 Bcfe.

January 30, 2012

Halliburton CEO Sees Obstacles to Overseas Shale Development

Shale drilling beyond North America may be moving at a snail’s pace but the opportunities for oilfield service operators overseas are “fantastic and phenomenal,” according to Halliburton Co. CEO Dave Lesar.

September 9, 2011

Industry Brief

California’s first legislative attempt (AB 591) to address hydraulic fracturing (fracking) will be placed in the state Senate Appropriation Committee’s suspense file when the legislature returns from its summer recess. It is then to be voted on closer to the end of the legislative session in an appropriations panel meeting. The bill is aimed at chemical disclosure of fracking chemicals. The bill’s author, Assemblyman Bob Wieckowski, said “several reports” from the oil and gas industry suggest that California is on the “cusp of a boom” in unconventional oil and gas recovery. Chemicals used and sources and amounts of water in the fracking process would be disclosed as a result of AB 591, Wieckowski said.

August 12, 2011

Petrohawk Posts Huge 2Q2011 Earnings

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

August 8, 2011

Petrohawk Posts Huge Profits During 2Q2011

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced Wednesday that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

August 5, 2011

Petrohawk Earnings Soar During 2Q2011

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced Wednesday that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

August 5, 2011

Regency Expanding Eagle Ford Gathering System

Regency Energy Partners LP said it will spend about $450 million to construct a wellhead gathering system and other infrastructure in order to serve an undisclosed producer in the Eagle Ford Shale with gas and condensate gathering.

June 6, 2011

FERC, CFTC Investigating BP Trading at Houston Ship Channel

BP plc disclosed in a quarterly filing with the Securities and Exchange Commission (SEC) last week that the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) are investigating “several BP entities regarding trading in the next-day natural gas market at the Houston Ship Channel during October and November 2008.”

February 7, 2011

FERC, CFTC Investigating BP Trading at Houston Ship Channel

BP plc disclosed in a quarterly filing with the Securities and Exchange Commission (SEC) that the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) are investigating “several BP entities regarding trading in the next-day natural gas market at the Houston Ship Channel during October and November 2008.”

February 2, 2011