5 Permian Basin Oil Stocks to Buy After Huge Oil Sell-Off
Here are five top Permian Basin exploration and production leaders that may be tremendous buys for long-term investors looking to add energy exposure to portfolios.
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Eagle Ford Shale generates billons for state
The production of oil and natural gas in the Eagle Ford Shale generated more than $87 billion in total economic output for the state last year, including $5 billion in Webb County, according to a study released Tuesday by the …
American Eagle Energy Announces Operations Update
American Eagle Energy Corporation , announces an operations update and production guidance for the Company's operated well development in its Spyglass Project area in northwestern Divide County,…
…TX law firm seeks unhappy Haynesville royalty owners for lawsuits against Chesapeake
Several hundred mineral rights owners have turned out in Mansfield for a series of meetings offered by a Fort Worth-based law form looking to file mass lawsuits against Chesapeake Energy.
…More gas capacity planned for N.D., Wyo.
Daniel J. Graeber OKLAHOMA CITY, Sept. 23 (UPI) — Energy company ONEOK said it plans to invest at least $480 million on shale natural gas processing infrastructure in North Dakota and Wyoming.
…Magellan Midstream Launches Open Season for Proposed Niobrara Crude Oil Pipeline to Cushing
TULSA, Okla., Sept. 23, 2014 /PRNewswire/ — Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has launched an open season to assess customer interest to transport various grades of crude oil from the Niobrara shale to the partnership's …
Pacific Energy Development Announces Completion of Drilling of Loomis 2-3H Well and Commencement of Drilling of Loomis …
DANVILLE, CA –(Marketwired – September 23, 2014) – PEDEVCO Corp., d/b/a Pacific Energy Development ( NYSE MKT : PED ), an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S., announced today that …
Magellan Midstream Launches Open Season for Proposed Niobrara Crude Oil Pipeline to Cushing
TULSA, Okla., Sept. 23, 2014 /PRNewswire/ — Magellan Midstream Partners, L.P. (MMP) announced today that it has launched an open season to assess customer interest to transport various grades of crude oil from the Niobrara shale to the partnership's storage …
Pacific Energy Development Announces Completion of Drilling of Loomis 2-3H Well and Commencement of Drilling of Loomis …
PEDEVCO Corp., d/b/a Pacific Energy Development , an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S., announced today that the Company has …
…MarkWest Utica EMG, L.L.C. and Ohio Gathering Company, L.L.C. Announce Definitive Agreements with American Energy …
MarkWest Utica EMG, L.L.C. , a joint venture between MarkWest Energy Partners, L.P. and The Energy & Minerals Group, and Ohio Gathering Company, L.L.C.
…Schramm Inc. And FEMCO Announce 24/7 Service Center For Drilling Rigs In North Dakota, South Dakota And Texas
WEST CHESTER, Pa., Sept. 22, 2014 /PRNewswire/ — Schramm Inc., a world-class manufacturer of land-based hydraulic drilling rigs, today announced a partnership with FEMCO, an aftermarket parts manufacturer and emergency repair services provider, to support its customers operating in North …
Hemisphere Energy Achieves Record Production and Commences Five Well Drill Program
Hemisphere Energy Corporation is pleased to announce initial production results from the final three wells of its summer drilling program, record corporate production rates, and the commencement of a fall …
…Must-know: Halcon Resources’ acreage distribution
The Eagle Ford is considered to be an oil play—even though it produces oil and gas. Most of the drilling activity is oil-targeted. The prices are higher for oil than natural gas. As a result, it's more …
…Energy Transfer Partners Hits 52-Week High on Diversified Assets
The units of Energy Transfer Partners LP (ETP) soared to a 52-week high of $60.31 on Sep 18.
…Patterson-UTI To Buy Texas-Based Private Firm's Pressure Pumping Assets – Update
Patterson-UTI To Buy Texas-Based Private Firm's Pressure Pumping Assets – Update
…Patterson-UTI Energy Announces Agreement to Acquire Texas-Based Pressure Pumping Assets
HOUSTON, Sept. 19, 2014 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of …
Patterson-UTI Energy Announces Agreement to Acquire Texas-Based Pressure Pumping Assets
HOUSTON, Sept. 19, 2014 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of …
Keithville Adds Innovative New Rig from Schramm to Drill Rig Portfolio
KEITHVILLE, La., Sept. 18, 2014 /PRNewswire/ — Keithville Well Drilling, a private, Louisiana-based drilling company, today announced it has purchased and accepted delivery of the Schramm T250XD a new, land-based rig designed specifically for shale drilling. The company plans to …
Why the Permian Basin has been driving rig count records
The Permian Basin is located in western Texas and southern New Mexico. The name "Permian Basin" generally refers to a combination of the Delaware Basin and the Midland Basin. Currently, there …
…Cubic Elects to Participate in Five Horizontal Haynesville Shale Wells
DALLAS — Cubic Energy, Inc. (OTCQB:CBNR) ("Cubic" or the "Company") announces its subsidiary, Cubic Louisiana, LLC, has elected to participate in the drilling and completion of five …
…FIG Tree Capital Ventures Announces Three Successfully Completed Bakken/Three Forks Shale Wells Drilled From a Single …
FIG Tree Capital Ventures (FIG), a Texas-based Oil and Gas company, with projects in The Williston Basin (Bakken/Three Forks Shale) of North Dakota, The Woodbine Formation of South East Texas, The Cotton Valley/Bossier Haynesville of East Texas, and The Edwards …
Cash In On The Shale Boom With This Under-The-Radar Oil Stock
The Bakken is one of the hottest oil and gas plays in the world. Great fortunes have already been made banking on the Bakken, which is located below parts of Montana, North Dakota and stretches
…Ithaca Energy Inc. Successful Flow Test on Fourth Stella Development Well
Ithaca Energy Inc. announces the successful completion of flow test operations on the fourth development well on the Stella field, with the well achieving a flow rate of 12,005 barrels of oil equivalent …
…Gastar Exploration Inc. Provides 2015 Capital Budget and Production Guidance
HOUSTON, Sept. 15, 2014 /PRNewswire/ — Gastar Exploration Inc. ("Gastar") (NYSE MKT: GST) today announced its 2015 capital budget and provided full-year 2015 production guidance. Gastar's Board of Directors has approved a 2015 capital budget of approximately $257.3 million, comprised …
Potential concerns for Enterprise Product Partners’ investors
Enterprise Products Partners' (EPD) expects ~$3.8 billion in capital expenditures (or capex) in 2014—down 13% from the $4.4 billion spent in 2013. This includes ~$350 million for sustaining capital—or …
…Why Plains All American Pipeline is investing in the Permian
Plains All American Pipeline (PAA) has its largest asset footprint in the Permian Basin. According to a company presentation, the Permian Basin has over 300 billion barrels of oil in place across ~50 million …
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