King

Continental Resources Inc., now the king of the Bakken Shale, has expanded its empire to an estimated 1.1 million net acres after completing a deal to buy 119,218 million acres for $649.3 million in cash. The Samson Resources Co. properties in North Dakota, primarily in Williams and Divide counties, have current production estimated at about 6,500 boe/d, 82% weighted to crude oil.

Agreements carved out by the small Front Range Colorado town of Erie have added to the state’s rules covering hydraulic fracturing (fracking) and could serve as a model for other local jurisdictions. The state, however, maintains the exclusive right of enforcement.

Former Colorado Assistant Attorney General Matthew Lepore on Monday took the reins as director of the Colorado Oil and Gas Conservation Commission (COGCC).

Snack king Frito-Lay North America said last week it will add 67 compressed natural gas (CNG) tractor-trailers to its fleet vehicle system, which operates in seven U.S. cities, by the middle of July, while recycling/waste hauler Waste Pro USA made a $100 million commitment to natural gas-fueled vehicles and fueling infrastructure.

Snack-king Frito-Lay North America said Tuesday it plans to add 67 compressed natural gas (CNG) tractor-trailers to its fleet vehicle system, which operates in seven U.S. cities, by the middle of July. The company is testing 18 trucks with 8.9-liter Cummins Westport engines.

Observers need look no further than ExxonMobil Corp.’s buyout of shale king XTO Energy Corp. in late 2009 to acknowledge that the integrated U.S. producers aren’t ceding North America’s unconventional oil and gas reservoirs to the independents.

Observers need look no further than ExxonMobil Corp.’s buyout of shale king XTO Energy Corp. in late 2009 to acknowledge that the integrated U.S. producers aren’t ceding North America’s unconventional oil and gas reservoirs to the independents.

ExxonMobil Corp. on Friday completed its $43 billion agreement to buy domestic shale king XTO Energy Inc. and said it is using the transaction to create an organization focused on global development and production of unconventional resources.

ExxonMobil Corp. on Friday completed its $43 billion agreement to buy domestic shale king XTO Energy Inc. and said it is using the transaction to create an organization focused on global development and production of unconventional resources.