Chevron Corp. unit Chevron Canada Ltd. has agreed to acquire all interests from Alta Energy Luxembourg S.a.r.l. and affiliates in the Duvernay Shale formation in west-central Alberta. The acquired interests cover 67,900 net acres.
Results
Articles from Results
Baker Sees ’13 U.S. Rig Count Down 8%, Well Count Off 4%
Baker Hughes Inc. is optimistic about North America for the second half of 2013, but sector leader Schlumberger Ltd. still expects an oversupplied pressure pumping market.
Most U.S. Voters Found to Support Natural Gas Exports
The export of liquefied natural gas (LNG) from the United States would appear to have significant backing from American voters, according to the results of a new American Petroleum Institute (API) poll conducted by Harris Interactive.
Cana-Woodford Becoming Biggest Producer for Newfield
Newfield Exploration Co. is “right where we want to be toward execution of our 2013-2015 plan,” CEO Lee Boothby said Wednesday during an earnings conference call in which management talked of a “surge” in Eagle Ford Shale production and the rising prominence of the Cana-Woodford Shale in the company’s liquids-focused portfolio.
SM Energy Sees Encouraging Results From Woodbine Test
SM Energy Co. is seeing encouraging results from a test well drilled in the Woodbine formation and has added about 10,000 net acres to its position on the northeastern edge of the Eagle Ford Shale in East Texas.

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.
Survey Finds Public Support for Keystone XL, Fracking
The Obama administration’s final decision on the controversial Keystone XL oil pipeline is yet to be revealed, but a significant majority of Americans favor its construction, according to the results of a survey released Tuesday by the Pew Research Center.
Survey: 66% of Public Supports Construction of Keystone XL Pipeline
The Obama administration’s final decision on the controversial Keystone XL oil pipeline is yet to be revealed, but a significant majority of Americans favor its construction, according to the results of a survey released Tuesday by the Pew Research Center.
Aurora Raises 2013 Eagle Ford Well Count
The U.S. unit of Australia’s Aurora Oil & Gas Ltd. has raised its 2013 guidance for Eagle Ford Shale well count by 25-30% and said it plans to spend $430-465 million this year on drilling and related infrastructure.

Weak Job Growth Seen in Ohio Shale, But Retail Sales Strong
Researchers from Cleveland State University (CSU) said Ohio counties with significant Marcellus and Utica shale development have seen only a modest increase in job creation in 2012, but those same counties also saw a large increase in retail sales.