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GreenHunter Water LLC recently began handling water disposal services at its newly completed salt water disposal (SWD) facility near Helena in Karnes County, TX. The facility is composed of new storage tanks and a fully contained offloading platform that features four unloading tractor trailer bays, a 150 hp pumping system and 2,400 bbl of onsite storage. The newly drilled SWD well was completed to the Middle Wilcox formation at a total depth of 7,800 feet. Green Hunter Water is a unit of GreenHunter Energy Inc. “We expect demand for Class II injection capacity in this part of the Eagle Ford Shale play to remain robust due to the increased drilling in the region directly related to the successful drilling efforts by operators in the ‘oil window’ of the Eagle Ford,” said Green Hunter Energy President Jonathan D. Hoopes. “With this new well now online and the facility operational, GreenHunter Water’s total owned disposal capacity has reached 35,000 bbl per day from a total of seven SWD wells located in five states.”

October 10, 2012

East, Gulf Lead Holiday Descent; Futures Inch Higher

Cash prices overall averaged about 9 cents lower Monday as trading rosters were thinned by the holiday and near-term weather was close to seasonal conditions. Eastern points fell along with Gulf quotes, but California locations were mostly steady to higher.

October 9, 2012

Pennsylvania Senator Proposes Marcellus Shale Health Advisory Panel

A key legislator in Pennsylvania said he plans to introduce a bill to create a nine-member Marcellus Shale Health Advisory Panel in the near future, a move suggested in the past by both Gov. Tom Corbett and the Marcellus Shale Advisory Commission (MSAC).

October 1, 2012

Raymond James: Marcellus Gas Shale ‘King’ by 2015

Based on production data verifiable to date, the Marcellus Shale will become the “King of the Gas Shales” by 2015 at the latest, U.S. energy analysts with Raymond James & Associates Inc. said in a new report.

September 5, 2012

Cheniere, Freeport File at FERC for LNG Export Projects

Cheniere Energy Inc.’s Corpus Christi Liquefaction LLC (CCL) on Friday filed with FERC for a proposed liquefied natural gas (LNG) export facility near Corpus Christi, TX, and Freeport LNG filed for a project in Brazoria County, TX.

September 3, 2012

Mexico’s First Deepwater Discovery in Perdido

Mexico’s Petroleos Mexicanos (Pemex) has struck oil in its first deepwater discovery in the Gulf of Mexico’s Perdido Fold Belt near the Mexico-U.S. maritime boundary, President Felipe Calderon said last week.

September 3, 2012

Mexico Strikes Oil in Deepwater GOM

Mexico’s Petroleos Mexicanos (Pemex) has struck oil in its first deepwater discovery in the Gulf of Mexico’s Perdido Fold Belt near the Mexico-U.S. maritime boundary, President Felipe Calderon said Wednesday.

August 31, 2012
Bakken Oil Producers Get New Rail Terminal Option

Bakken Oil Producers Get New Rail Terminal Option

Supply chain solutions company Savage has completed a terminal near Trenton, ND, with direct connection to BNSF Railway’s main line track, to gather crude oil from the Williston Basin and Bakken Shale and facilitate its transport to refinery markets.

August 30, 2012

Shell CEO: U.S. Energy Independence Almost Possible in 20 Years

The United States could achieve “near energy independence” within 20 years if the nation’s top leaders enact an energy policy that promotes the country’s abundant onshore and offshore natural gas and oil resources, Royal Dutch Shell plc CEO Peter Voser said last week.

July 30, 2012

Shell CEO: U.S. ‘Near Energy Independence’ Achievable in 20 Years

The United States could achieve “near energy independence” within 20 years if the nation’s top leaders enact an energy policy that promotes the country’s abundant onshore and offshore natural gas and oil resources, Royal Dutch Shell plc CEO Peter Voser said Thursday.

July 27, 2012
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