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White Star Adding to Midcontinent Position in Three Deals

White Star Adding to Midcontinent Position in Three Deals

Oklahoma City-based independent White Star Petroleum LLC said Tuesday it is adding roughly 49,000 net acres to its position in the Midcontinent through three separate transactions.

March 21, 2017
Baker Hughes Sees ‘Modest’ Uptick in U.S. Rig Count; Schlumberger Uncertain

Baker Hughes Sees ‘Modest’ Uptick in U.S. Rig Count; Schlumberger Uncertain

No. 3 oilfield services provider Baker Hughes Inc. on Friday reported a 30% drop in first quarter profits, stung by weak North American drilling, its biggest market. Schlumberger Ltd., the world’s largest oilfield services operator, also reported a drop in quarterly profits on declines in North America, and management said the outlook for the United States and Canada this year remains uncertain.

April 22, 2013

Eagle Ford Also a Tax Money Gusher, Texas Lawmakers Told

Texas lawmakers on Wednesday gained some insight into where an increasing amount of money in the Lone Star State comes from: the Eagle Ford Shale oil and gas patch. The state is producing more oil than it has in the last 25 years, thanks in large part to the unconventional play in South Texas.

February 8, 2013
Economist Cites Texas NGLs for Petchem Boom

Economist Cites Texas NGLs for Petchem Boom

Everyone knows “Texas tea” means oil, but in the Lone Star state, ethylene produced from booming supplies of natural gas liquids (NGL) might come to be known as “Texas sweetened tea” for the profitability it’s bringing to the Gulf Coast petrochemical industry.

January 4, 2013
Oil Is Prey for New Hawk of a Different Name

Oil Is Prey for New Hawk of a Different Name

The senior executives of Halcon Resources Corp. have a fatter checkbook than when they started Eagle Ford Shale pioneer Petrohawk Energy Corp. not so very long ago. Having sold that successful natural gas-focused venture, with Halcon they are targeting unconventional oil plays with a similar strategy and expecting similar success.

August 23, 2012

Industry-Funded Truthland Film Opens in Ohio Sunday

“The truth is that Gasland is mostly hot air,” the narrator of Truthland says in the trailer for the new film.

June 15, 2012

Texas Conservatives: EPA, Don’t Tread on Us

The energy industry is at the “dawning of the natural gas era,” but “federal regulatory overreach” threatens to crimp development of the Lone Star State’s gas and oil reserves, attendees at the Texas Conservative Coalition Research Institute’s (TCCRI) Houston Energy Summit were told Thursday.

May 28, 2012

Texas Conservatives: EPA, Don’t Tread on Us

The energy industry is at the “dawning of the natural gas era,” but “federal regulatory overreach” threatens to crimp development of the Lone Star State’s gas and oil reserves, attendees at the Texas Conservative Coalition Research Institute’s (TCCRI) Houston Energy Summit were told Thursday.

May 25, 2012

With the Heat On, Texas Turns to Gas

Blazing heat and a comparatively robust economy have driven up power demand in the Lone Star State enough to move the Electric Reliability Council of Texas (ERCOT) to contract for power from four mothballed gas-fired generating units.

August 22, 2011

EIA: Marcellus, Haynesville Lift Gas Growth

Gas production in the Haynesville and Marcellus shales was the bright production star in February, while output in the traditional, more mature regions fell due to cold weather and maintenance/repairs, according to the Energy Information Administration’s (EIA) monthly natural gas report.

June 6, 2011
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