The pace of infrastructure development to serve producers in the Eagle Ford Shale in South Texas continues with two separate projects targeting services for crude oil and condensate.
Targeting
Articles from Targeting
ICF Official: Shale Accounts for Half of U.S. Rig Activity
Shale development currently accounts for about half of the total rigs targeting natural gas development in the United States, a top executive with ICF International said.
Arkansas Bills Target Fracking, Air Quality
In Arkansas, home to the Fayetteville Shale, state Rep. Kathy Webb (D-Little Rock) has introduced a quintet of bills targeting the natural gas industry for greater scrutiny of drilling operations. The content of the proposed legislation shows that the lawmaker has hydraulic fracturing (fracking) on her mind.
Arkansas Bills Target Fracking, Air Quality
In Arkansas, home to the Fayetteville Shale, state Rep. Kathy Webb (D-Little Rock) has introduced a quintet of bills targeting the natural gas industry for greater scrutiny of drilling operations. The content of the proposed legislation shows that the lawmaker has hydraulic fracturing (fracking) on her mind.
Western Canadian Drilling Up on Oil Shale Activity
The persistently sharp contrast between expensive oil and cheap gas has had dramatic effects on Western Canadian drilling, boosting activity and accelerating a trend to targeting oil rather than gas.
Quicksilver Plans 20% Production Growth Next Year
Fort Worth, TX-based Quicksilver Resources Inc. — which makes a specialty of targeting unconventional reservoirs, including gas shales — said more than half of its capital budget for 2011 of $455 million will be spent in Texas.
Quicksilver to Grow Production 20% Next Year
Fort Worth, TX-based Quicksilver Resources Inc. — which makes a specialty of targeting unconventional reservoirs, including gas shales — said more than half of its capital budget for 2011 of $455 million will be spent in Texas.
Hess Pays $1.05B to Increase Bakken Leasehold
Falling in line with the recent trend of producers targeting more liquid shale plays due to the better economics, Hess Corp. announced it is paying $1.05 billion in cash to acquire 167,000 net acres in the Bakken Shale of North Dakota from TRZ Energy LLC.
Swift 2011 Budget Targets South Texas
Houston-based Swift Energy Co.’s 2011 capital budget includes an accelerated drilling program to increase production and reserves, primarily targeting its liquids-rich acreage in the Eagle Ford Shale and the Olmos Sands in South Texas, the company said.
API: Well Activity Hike Favors Oil
Well completions are on an upswing from levels of last year, with activity targeting oil rather than natural gas charting the largest gains, according to the American Petroleum Institute (API).