Natural gas cash prices Tuesday for Wednesday delivery were uninspired except for in the Northeast, where some points flirted with $2 gains as forecasts turned cooler and power prices surged. February futures gained 8.2 cents to $3.455 and March was higher by 7.5 cents to $3.453. February crude oil fell 86 cents to $93.28/bbl.
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Waterless Fracking Fluid Tested in Eagle Ford
Houston-based eCORP Stimulation Technologies LLC claims to have successfully tested a waterless hydraulic fracturing (fracking) fluid consisting solely of propane in Frio County, TX, in the Eagle Ford Shale. The test simulated conditions in the shale play at 5,950 feet, the company said.
GreenHunter Grows South Texas Water Services Business
GreenHunter Water LLC has acquired two oilfield water service and construction companies operating in the Eagle Ford Shale of South Texas. White Top Oilfield Construction LLC and Black Water Services LLC have common management and have been serving Eagle Ford operators since 2008.
Britain Clears Way for Fracking
With the introduction of new risk controls last week, the British government has cleared the way for hydraulic fracturing (fracking) to resume in the country where the shale gas reserve could be 4.2 Tcf, according to one estimate.
Britain Clears Way for Fracking
With the introduction of new risk controls, the British government has cleared the way for hydraulic fracturing (fracking) to resume in the country where the shale gas reserve could be 4.2 Tcf, according to one estimate.
Farmers, Drillers Fight Erupts in California’s Central Valley
A conflict between farmers and some oil/natural gas exploration and production (E&P) companies has erupted in Kern County in the southern end of California’s central valley where the agriculture and energy industries have coexisted for many decades.
Compressor Fire Cutting Bill Barrett 4Q Production by 1.2 Bcf
Bill Barrett Corp. continues to produce about 33 MMcf/d net (49 MMcf/d gross) of natural gas in the area of its West Tavaputs field where a fire shut down one of its three compressors and sent two employees to the hospital, the company said Thursday.
Eagle Ford Blooms for Rosetta
During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed last week that the company is testing two new areas outside of the Eagle Ford.
Eagle Ford Shale Blooming for Rosetta
During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed Thursday that the company is testing two new areas outside of the Eagle Ford.
BP to Share Deepwater Technology with Pemex
BP plc said Tuesday it plans to share technical information used to build its deepwater well-capping equipment with the exploration and production (E&P) unit of Mexico’s Petroleos Mexicanos (Pemex).