Prove

Trans Energy Sells Shallow Assets, Connects Two Wells to Pipeline

Trans Energy Inc. announced Wednesday that it had sold its drilling rights and working interest in shallow wells targeting the Devonian Shale for $2.75 million before adjustments, but had retained a royalty interest on most wells and drilling rights to deeper formations, such as the Rhinestreet, Marcellus and Utica shales.

February 1, 2013

FERC Urged to Do Nationwide Review of Pipe Sufficiency

A major natural gas industrial consumers group has urged FERC to conduct a nationwide review of natural gas pipeline capacity to determine the need for construction to meet the demands of power generators and industrial consumers.

December 21, 2012
ZaZa Energy: We’re Unlocking the Eaglebine

ZaZa Energy: We’re Unlocking the Eaglebine

Houston-based ZaZa Energy has completed drilling and casing its Eaglebine Stingray A-1H well in Walker County, TX, and said evaluation results are “very encouraging,” with estimates of 21 Bcf of gas and 29 million bbl of oil per section in place. ZaZa said it expects to begin hydraulic fracturing operations on Nov. 12, with initial production planned for late November.

November 7, 2012

USGS: Utica Pales in Comparison to Marcellus, Greater Green River

The Utica Shale holds an estimated 38 Tcf of undiscovered, technically recoverable natural gas, or less than half that of the Marcellus Shale, according to the first assessment of the Appalachian Basin play by the U.S. Geological Survey (USGS). An estimated 940 million bbl of unconventional oil resources and 9 million bbl of natural gas liquids (NGL) also are trapped in Utica rock, said scientists.

October 5, 2012

Flaring Will Remain Part of Bakken, Analyst Says

Even with a multi-billion-dollar natural gas gathering and processing infrastructure buildout ongoing, North Dakota is not likely to greatly reduce the volumes of gas being flared as an offshoot of its accelerated oil boom, according to an analysis released Thursday by RBN Energy LLC.

September 10, 2012

Heat Resurgence Raises Prices at Most Points

Post-holiday heat forecasts and futures gain prove sufficient to rally most of the cash market.

June 1, 2010

Step Aside, Haynesville — Bossier Is Coming Into Its Own

A kissing cousin of the Haynesville Shale may prove to be its equal or better, according to preliminary findings by two of the largest natural gas producers in the country.

February 16, 2010

Step Aside, Haynesville — Bossier Is Coming Into Its Own

A kissing cousin of the Haynesville Shale may prove to be its equal or better, according to preliminary findings by two of the largest natural gas producers in the country.

February 16, 2010

Bossier Play Coming into Its Own

A kissing cousin of the Haynesville Shale may prove to be its equal or better, according to preliminary findings by two of the largest natural gas producers in the country.

February 15, 2010

SEC Reserve Revisions Begin Impacting E&P Reports

The updated reserves reporting rules enacted by the Securities and Exchange Commission (SEC) for U.S. exploration and production (E&P) companies may prove a struggle for independents in choosing whether to be aggressive with their bookings versus a more conservative approach, particularly when booking proved undeveloped (PUD) locations, analysts said Thursday.

January 25, 2010
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