Eagle Ford Shale

Crude Oil Volatility Study Will Take Two Years to Complete, Moniz Says

Department of Energy (DOE) Secretary Ernest Moniz said it will probably take two years to complete research into what makes some crude oil more volatile than other varieties, as regulators grapple with how to handle crude oil by rail shipments in the wake of several derailments and explosions.

April 28, 2015
Texas Operators Completing More Gas Wells, Far Fewer For Oil

Texas Operators Completing More Gas Wells, Far Fewer For Oil

Texas drilling permit activity in March fell to less than half the level of one year ago while operators reported 48% fewer oil well completions and 12% more natural gas well completions compared to March 2014, according to the Railroad Commission of Texas (RRC).

April 28, 2015

Crude Oil Volatility Study Will Take Two Years to Complete, Moniz Says

Department of Energy (DOE) Secretary Ernest Moniz said it will probably take two years to complete research into what makes some crude oil more volatile than other varieties, as regulators grapple with how to handle crude oil by rail shipments in the wake of several derailments and explosions.

April 28, 2015

Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn't see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don't work separately, work together, Statoil ASA CEO Eldar Saetre said…

April 27, 2015

Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn’t see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don’t work separately, work together, Statoil ASA CEO Eldar Saetre said last week.

April 27, 2015

Texas Quake Study Shakes Regulators to Action

A study linking seismic activity with oil/natural gas drilling activities got the attention of the newest commissioner on the Railroad Commission of Texas (RRC) on Thursday, and then his two colleagues jumped on the injection well-seismicity bandwagon Friday.

April 24, 2015
Texas Rig Count Proves Again: The Bigger They Are…

Texas Rig Count Proves Again: The Bigger They Are…

The count of active rigs drilling for either oil or natural gas in the Lone Star State busted below the 400 barrier in the latest Baker Hughes Inc. rig count as the rout continued in the nation's oil patch. The U.S. crude-directed rig count fell 31 to 703 in the latest count.

April 24, 2015

Cabot to Cut Back as Profits Fall Despite Soaring Liquids Production

Cabot Oil & Gas Corp.'s Eagle Ford Shale assets pushed its first quarter natural gas liquids (NGL) production up by more than 100% from the year-ago period, but it won't squeeze profit margins moving forward, with a plan to curtail volumes as commodity prices remain low.

April 24, 2015