Fracing

CAMAC Energy Catalyst Report: Secures Rig Contract for Its Oyo Field Offshore Nigeria

CAMAC Energy Inc. (ticker: CAK) is a U.S.-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The Company was founded in 2005 and has offices in Houston, Texas, Nairobi, Kenya, …

Cabot’s First 10-Well Pad in the Marcellus Exceeds Type Curve; Non-Core Sales Reaches $325 Million

Cabot’s First 10-Well Pad in the Marcellus Exceeds Type Curve; Non-Core Sales Reaches $325 Million

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …

December 9, 2013 - 2:02 pm Fracing, Oil and Gas 360 Articles
Unit Corporation’s Reserve Base and Midstream Productivity Highlight 2013 Analyst Day

Unit Corporation’s Reserve Base and Midstream Productivity Highlight 2013 Analyst Day

Unit Corporation (ticker: UNT) is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and …

December 6, 2013 - 4:54 pm Fracing, Midstream, Oil and Gas 360 Articles
BOEM Schedules Eastern GOM Sale – First Eastern Sale Since 2008

BOEM Schedules Eastern GOM Sale – First Eastern Sale Since 2008

On December 3, 2013, the Bureau of Ocean Energy Management (BOEM) announced the Eastern Gulf of Mexico oil and gas lease sale 225 will take place on March 19, 2014. The sale is the first proposed for the Eastern Planning …

December 4, 2013 - 3:47 pm Fracing, Oil and Gas 360 Articles, Politics & Opinions

LNG Fuel Increases Footprint, Expected to Stake Claim in New York

According to the Associated Press, The Department of Environmental Conservation has drafted regulations that will allow the buildout of LNG truck-fueling stations and other types of LNG storage plants. The agency expects the plans to be finalized by early next …

December 3, 2013 - 1:07 pm Fracing, Midstream, Oil and Gas 360 Articles, Regulatory

Hess Corporation Sells Indonesian Assets for $1.3 Billion as Right-Sizing Project Continues

Hess Corporation (ticker: HES) is a leading global independent energy company engaged in the global exploration and production of crude oil and natural gas.  The company is currently shedding assets in 2013 to become a pure-play E&P company.

On December

Trust, Yet Verify: Long-Term Oil Markets Not Expected to be affected by Iran Pact

On November 24, 2013, the United States and Iran reached a diplomatic accord in hopes of soothing tensions existing since the Carter administration. As part of the deal, Iran agreed to freeze its entire nuclear program in exchange for the …

Miller Energy Acquires Alaskan Unit; In Discussions to Construct Pipeline

Miller Energy Acquires Alaskan Unit; In Discussions to Construct Pipeline

Miller Energy Resources, Inc. (ticker: MILL) is an oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Miller’s focus is in Cook Inlet, Alaska and in the heart of Tennessee’s …

Penn Virginia: 2013 Analyst Day Highlights Value Proposition in 2014 and Beyond

Penn Virginia: 2013 Analyst Day Highlights Value Proposition in 2014 and Beyond

Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania – however, the company …

SandRidge Energy: Resilient Mississippian Operations despite Waning Industry Interest

SandRidge Energy: Resilient Mississippian Operations despite Waning Industry Interest

SandRidge Energy (ticker: SD) is an oil and natural gas company headquartered in Oklahoma City, Oklahoma, with its principal focus on exploration and production in the Mid-Continent, Permian Basin, Gulf of Mexico, West Texas Overthrust and Gulf Coast.

The challenging …

November 20, 2013 - 4:40 pm Fracing, Oil and Gas 360 Articles
Chesapeake Energy Getting Oilier – Asset Sales Expected to Top $4 Billion by Year-End 2014

Chesapeake Energy Getting Oilier – Asset Sales Expected to Top $4 Billion by Year-End 2014

Chesapeake Energy Corporation (ticker: CHK) is the second-largest producer of natural gas and the 11th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing its …

November 15, 2013 - 1:43 pm Fracing, Midstream, Oil and Gas 360 Articles

Callon Petroleum Reports Q3'13 Results; Completes Transition to Permian Operator

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin of West Texas.

In 2009, Callon began a strategic initiative to diversify its operations onshore in an effort …

November 12, 2013 - 4:51 pm Fracing, Oil and Gas 360 Articles
Sanchez Energy Produces Record Volumes during Q3’13

Sanchez Energy Produces Record Volumes during Q3’13

Sanchez Energy Corporation (ticker: SN) is a Houston, Texas, based growth oriented independent exploration and production company focused on the exploration, acquisition, and development of oil resources in the onshore U.S. Gulf Coast with a current focus on the liquids-rich …

November 12, 2013 - 4:05 pm Fracing, Mergers & Acquisitions, Oil and Gas 360 Articles
Eagle Ford Focused Aurora Oil & Gas Reports Q3’13 Results; Well Density Catalysts on the Horizon

Eagle Ford Focused Aurora Oil & Gas Reports Q3’13 Results; Well Density Catalysts on the Horizon

Aurora Oil & Gas Limited (tickers: AEF and AUT) is a Perth- and Houston-based oil and liquids company with operations in the Eagle Ford Shale trend of South Texas. Aurora has 88,800 gross (22,000 net) acres in the “tri-county” area …

November 12, 2013 - 2:06 pm Fracing, Oil and Gas 360 Articles

Emerald Oil Reports Q3’13 Results; Clear Path to Double Production during 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is focused on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations.

Recent Earnings

November 7, 2013 - 4:41 pm Fracing, Oil and Gas 360 Articles

Resolute Announces Initial Results from Horizontal Drilling Program in Third Quarter Earnings Release

Resolute Energy Corp. (ticker: REN) is engaged in the acquisition, development and production of onshore domestic hydrocarbons, principally crude oil. Resolute’s producing assets are the Aneth Field in the Paradox Basin of Utah and Hilight Field in the Powder River …

November 7, 2013 - 3:18 pm Earnings, Fracing, Oil and Gas 360 Articles

Marcellus Production Continues to Grow; Infrastructure Build Out Progressing

The Marcellus Shale will produce a record 12.6 Bcf/d in November 2013, according to the Energy Information Administration’s (EIA) Drilling Productivity Report on October 22, 2013. If the Marcellus itself were a country, it would rank eighth in the world

November 4, 2013 - 3:13 pm Fracing, Midstream, Oil and Gas 360 Articles

Range Resources Sets Company Production Volume Record in Third Quarter Earnings Release

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects within …

November 1, 2013 - 4:00 pm Earnings, Fracing, Midstream, Oil and Gas 360 Articles

Europe Unwilling to Accept Fracture Stimulation Despite Being Mired in Energy Crisis

Means of energy acquisition in Europe is a common topic, but the popularity of the subject has increased in recent years due to the United States shale boom. Fracture stimulation operations has spurred tremendous energy growth in the U.S. backed …

October 18, 2013 - 4:22 pm Fracing, Oil and Gas 360 Articles, OPEC, Regulatory

California Invests in Hydrogen as Fracing Laws Cloud State’s Energy Future

On September 28, 2013, the state of California approved a bill that will spend $20 million per year on hydrogen fuel stations until 2024. The measure, labeled Assembly Bill 8 (AB8), will commence until 100 fuel stations are constructed. Only …

October 14, 2013 - 4:23 pm Fracing, Oil and Gas 360 Articles, Regulatory
California Fracing Bill Could Slow Monterey Shale Production

California Fracing Bill Could Slow Monterey Shale Production

On September 11, 2013, the California Assembly passed a law attempting to regulate fracing in the state’s Monterey shale.

The bill, listed as Senate Bill 4 (SB 4), will go into effect on January 1, 2015. SB 4 will …

September 13, 2013 - 4:14 pm Fracing, Oil and Gas 360 Articles, Regulatory

Get your Fracs Straight before Inserting Foot in Mouth

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/1/13)

Current: 381,351
Actual Build/(Withdrawal): 3,833
Economist Average Estimate: 327
Previous: 377,518

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*U.S. Tops Saudi Arabia as World’s Biggest Fuel