Recorded

Arizona Geological Survey Eyes Shale Potential

Arizona Geological Survey Eyes Shale Potential

In recent months, the Arizona Geological Survey (AZGS) has examined shale oil and natural gas potential in southeastern and westerly parts of the state, in addition to the already exploratory drilled northern formations, particularly in the northeast Four Corners area in which the Mancos Shale is found.

July 19, 2013

Natural Gas Cash And Futures Waltz Higher

Physical natural gas prices Wednesday rose on average nationally by nearly 3 cents, and most points recorded gains ranging from fractional increases to a few pennies, while more than a handful of locations experienced small losses. Great Lakes and eastern points managed gains of 2-3 cents, but New England couldn’t escape the grip of a soft power market and it was flat to a penny lower. At the close of futures trading, July had added 5.8 cents to $3.963 and August was up 5.8 cents as well to $3.985. July crude oil slipped 20 cents to $98.24/bbl.

June 20, 2013

North Dakota Output Sets Daily Records

Coming out of its coldest April and wettest May ever recorded, North Dakota’s latest oil and natural gas statistics show the amounts of oil transported by rail shot up to 75% in April while new wells connected set a record at 185. Overall, April oil/gas production was down compared to March, but the daily averages set all-time records on a preliminary basis (793,249 b/d and 846 MMcf/d).

June 17, 2013

North Dakota Production Sets Daily Records; Rail, New Connects Soar

Coming out of its coldest April and wettest May ever recorded, North Dakota’s latest oil and natural gas statistics show the amounts of oil transported by rail shot up to 75% in April while new wells connected set a record at 185. Overall, April oil/gas production was down compared to March, but the daily averages set all-time records on a preliminary basis (793,249 b/d and 846 MMcf/d).

June 17, 2013

Tight Oil, Liquids Boost U.S. Upstream Spending in 2012

Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.

June 6, 2013

Eagle Ford Helped Carrizo Set Oil-Driven Records During 1Q

Houston-based Carrizo Oil & Gas Inc. turned in first quarter results that included record production and revenue driven by record oil results.

May 9, 2013
ZaZa CEO: Most to Gain When Eaglebine Soars

ZaZa CEO: Most to Gain When Eaglebine Soars

Fresh off an asset streamlining and an Eaglebine joint venture (JV) formation with EOG Resources Corp. (see Shale Daily, March 26), Houston-based ZaZa Energy Corp. executives are touting their heavy weighting to the emerging stacked South Texas play and said what’s learned from the JV will add value to the company’s 100% owned acreage.

April 8, 2013

Carrizo 4Q: Oilier Is Better

The fourth quarter was Carrizo Oil & Gas Inc.’s ninth consecutive quarter of revenue growth and one during which it charted record oil production and oil revenue, affirming the wisdom of management’s decision to transform Carrizo into an oil company, CEO Chip Johnson said.

February 27, 2013
RRC: Texas Grew Oil Production in November

RRC: Texas Grew Oil Production in November

Texas crude oil production during November was up from a year ago while natural gas production declined; during December, oil well completions were up while gas well completions declined, and the number of drilling permits issued was down from a year ago, according to the latest figures from Railroad Commission of Texas (RRC).

January 31, 2013
Texas Permitting, Gas Production Declining

Texas Permitting, Gas Production Declining

The number of original drilling permits issued in Texas during November declined from one year ago, as did the amount of natural gas produced from Texas wells during October compared to a year ago, according to Railroad Commission of Texas (RRC) figures.

December 28, 2012
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