Archive for August, 2014

EIA Report: June Dry Gas Production 70.2 Bcf/day, Consumption 58.2 Bcf/day

The EIA released its August Natural Gas Monthly report, including production data through June as follows:

  • Preliminary dry gas production for June 2014 of 2,106 billion cubic feet (Bcf) or 70.2 Bcf/day.  This is the fourth consecutive month where the
August 29, 2014 - 6:06 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Vaalco Energy Provides Update On Offshore Gabon Operations

Vaalco Energy Provides Update On Offshore Gabon Operations

August 29, 2014 - 4:17 pm 360 Company Releases

Range Declares Quarterly Dividend

Range Declares Quarterly Dividend

August 29, 2014 - 10:00 am 360 Company Releases

District Judge Overturns Lafayette, Colo.’s Charter Amendment Banning All Oil and Gas Activity

In November, voters in the city of Lafayette, Colorado approved Ballot Measure 300, which banned all “oil and gas extraction and related activities” within the Lafayette city limits. Lafayette is at the western edge of the Wattenberg field in the …

Rail Deliveries of U.S. Oil Reach Highest Mark Since July 1986

Approximately 2/3 of Bakken crude moves by rail

The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9% during the first seven months of this year compared with the same period in 2013, the EIA …

August 28, 2014 - 4:17 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Miller Energy Resources Retains Independent Marketing Firm to Divest Its Tennessee Assets

Miller Energy Resources Retains Independent Marketing Firm to Divest Its Tennessee Assets

August 28, 2014 - 12:00 pm 360 Company Releases

CNBC: WPX Energy New CEO Rick Muncrief from EnerCom in Denver

New WPX Energy President and CEO Rick Muncrief appeared on CNBC’s Mad Money with Jim Cramer from EnerCom’s The Oil & Gas Conference in Denver to detail near-term operational objectives and provide an update on his first 100 days as …

August 28, 2014 - 11:02 am Oil and Gas 360 Articles

CNBC: Range Resources Jeff Ventura on Marcellus Production Growth

The industry will celebrate the 10th Anniversary of the  first Marcellus well that was drilled by Range Resources back in October 2004. Jeff Ventura appeared on CNBC’s Mad Money with Jim Cramer to discuss near-term production growth objectives in the …

August 28, 2014 - 10:59 am Oil and Gas 360 Articles, Oilfield Services

CNBC: Denbury Resources CEO on CO2 EURs from EnerCom in Denver

Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy.

 

Important disclosures: The information provided herein is believed to be …

August 28, 2014 - 10:56 am Oil and Gas 360 Articles, Oilfield Services

CNBC: Energy XXI CEO on GOM Ops from EnerCom in Denver

Energy XXI Chairman and CEO John Schiller spoke with CNBC’s Mad Money about the recent EPL acquisition and the synergies created from the acquisition. Mr. Schiller details how the company plans to increase cash flow, reduce debt and grow production.…

August 28, 2014 - 10:52 am Offshore, Oil and Gas 360 Articles, Oilfield Services

CNBC: Atlas Energy CEO on NatGas from EnerCom in Denver

Atlas Energy CEO Ed Cohen appeared on CNBC’s Squawk Box from EnerCom’s The Oil & Gas Conference in Denver, Colorado, to discuss the current natural gas landscape and how “too much of a good thing” has supposed prices.

Important

August 28, 2014 - 10:48 am Oil and Gas 360 Articles, Oilfield Services

American Eagle Energy Announces Closing of Senior Secured Revolving Credit Facility and $175 Million of Senior Secured Notes

American Eagle Energy Announces Closing of Senior Secured Revolving Credit Facility and $175 Million of Senior Secured Notes

August 27, 2014 - 8:10 pm 360 Company Releases
Horizontal Drillers Plowing Ahead in the Wattenberg

Horizontal Drillers Plowing Ahead in the Wattenberg

Energy Companies Discussed their Colorado Operations at EnerCom’s The Oil & Gas Conference 19®

Weld County, Colorado, is home to the Wattenberg Field, where horizontal drilling and hydraulic fracturing and complex well completion techniques are creating Colorado’s shale boom. …

Sanchez Energy Analyst Day Recap: Production Estimated to Exceed 60 MBOEPD by Year-End 2014

Sanchez Energy Analyst Day Recap: Production Estimated to Exceed 60 MBOEPD by Year-End 2014

Sanchez Energy (ticker: SN) is an Eagle Ford-focused E&P that has built a sizeable footprint through acquisitions following its IPO in December 2011. Since going public, Sanchez has spent more than $1.1 billion to add approximately 163,400 acres in what …

August 27, 2014 - 5:37 pm Finance, Midstream, Oil and Gas 360 Articles, Oilfield Services

Torchlight Energy Updates Hunton Reserves for Mid-Year 2014

Torchlight Energy Updates Hunton Reserves for Mid-Year 2014

August 27, 2014 - 12:00 pm 360 Company Releases

Energy XXI to Present at Barclays CEO Energy-Power Conference

Energy XXI to Present at Barclays CEO Energy-Power Conference

August 27, 2014 - 12:00 pm 360 Company Releases
WPX Energy on CNBC’s Mad Money

WPX Energy on CNBC’s Mad Money

Rick Muncrief, President & CEO of WPX Energy, discusses the oil boom with Jim Cramer of CNBC’s Mad Money.

August 27, 2014 - 11:36 am Network Media, Videos
Range Resources on CNBC’s Mad Money

Range Resources on CNBC’s Mad Money

Range Resources President & CEO, Jeff Ventura, talks with Mad Money’s host Jim Cramer from The Oil & Gas Conference® 19 in Denver.

August 27, 2014 - 11:19 am Network Media, Videos
There’s a Bottleneck in the Eagle Ford and Bakken, and It’s Burning Before our Eyes

There’s a Bottleneck in the Eagle Ford and Bakken, and It’s Burning Before our Eyes

OAG360 covered the dropping Permian oil prices in a feature article yesterday, as Midland oil spot prices are trading at a $10 discount to West Texas Intermediate. As it turns out, there’s also a bottleneck in two other prominent shales. …

August 26, 2014 - 6:26 pm Midstream, Oil and Gas 360 Articles, Oilfield Services
New U.S. Solar Generation Capacity 70% Higher in 1H 2014; Gas Up 60%, Wind Doubles: EIA

New U.S. Solar Generation Capacity 70% Higher in 1H 2014; Gas Up 60%, Wind Doubles: EIA

Natural Gas Represents More than Half of Nation’s Total Generation Capacity Growth of 4,350 MW in 1H 2014; Coal Adds Zero Capacity

The U.S. Energy Information Administration reported yesterday that in the first half of 2014 solar plants added electric …

Hein & Associates Lands on IPA’s “Best of the Best” Firms List Again

Hein & Associates has been named to INSIDE Public Accounting’s (IPA) Best of the Best firms list for 2014, marking the fifth time in the last six years Hein has been awarded such an honor. The 2014 Best of the …

August 26, 2014 - 5:34 pm Oil and Gas 360 Articles, Oilfield Services

Top Basic Materials Small-Cap Star for August 26 is Miller Energy Resources (MILL)

Top Basic Materials Small-Cap Star for August 26 is Miller Energy Resources (MILL)

August 26, 2014 - 2:36 pm 360 Company Releases

Miller Energy Resources (MILL) Jumps 7.35% on August 26

Miller Energy Resources (MILL) Jumps 7.35% on August 26

August 26, 2014 - 2:31 pm 360 Company Releases

DSIT to Supply an Underwater Security System to a European Nuclear Power Facility

DSIT to Supply an Underwater Security System to a European Nuclear Power Facility

August 26, 2014 - 2:00 pm 360 Company Releases

Miller Energy Resources, Inc. Completes Public Offering of Its Series D Preferred Stock

Miller Energy Resources, Inc. Completes Public Offering of Its Series D Preferred Stock

August 26, 2014 - 12:01 pm 360 Company Releases

CARBO to Present at the Barclays CEO Energy-Power Conference

CARBO to Present at the Barclays CEO Energy-Power Conference

August 26, 2014 - 11:05 am 360 Company Releases
Midland Oil Spot Prices Trending Along Three-Year Low

Midland Oil Spot Prices Trending Along Three-Year Low

Production in the Permian is at an all-time high, but its prices per barrel are a different story.

Spot prices at the Permian’s main hub in Midland, Texas, are trending among three-year lows. Its differential on August 25, 2014, was …

August 25, 2014 - 6:22 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Mama, Don’t Let Your Babies Grow Up to Be Cowboys

Petroleum Engineers Enjoy Highest Projected Salary Growth: ABC News

Last week ABC News reported that chemical engineer and mechanical engineer are two of the degrees college students can seek that can lead to jobs as petroleum engineers, a career with …

August 25, 2014 - 5:18 pm Fracing, Oil and Gas 360 Articles, Oilfield Services

Penn Virginia Corporation Provides Guidance Update

Penn Virginia Corporation Provides Guidance Update

August 25, 2014 - 11:00 am 360 Company Releases

Penn Virginia Corp. (PVA) Jumps 6.49% on August 22

Penn Virginia Corp. (PVA) Jumps 6.49% on August 22

August 22, 2014 - 2:31 pm 360 Company Releases