ShaleBlog.com - News about natural gas from shale.


Shale Properties News



 



Free news about gas shales.


natural gas royalty calculator
Natural Gas
Royalty Calculator









 

Drilling the New Albany Shale in Illinios


Monday, March 8th, 2010

An article in the Evansville Courier & Press reports that Eagle Resources is planning to drill the New Albany Shale in Edwards County Illinois. They have paid $6/acre/year for the leases.


The Duvernay Gas Play


Saturday, February 27th, 2010

An article in The Vancouver Sun reports on a Canadian shale gas play known as the “Duvernay” that is expected to bring hundreds of millions of dollars in auction revenues to the Province of Alberta.


Shale as a Long-Term Income Stream


Thursday, February 18th, 2010

An article in the Houston Chronicle explores why major oil companies have taken an interest in natural gas shales. Part of the reason is that the resource has a long lifetime.


Is Exxon Mobil Changing Direction on Oil and Gas?


Wednesday, February 3rd, 2010

Exxon Mobil has made some major recent investments in onshore natural gas that have some people asking if the company is changing directions. An article on the Houston Chronicle website reports on comments by David Rosenthal, Exxon Mobil’s VP of Investor Relations that address these questions.


API Guidance on Hydraulic Fracturing


Tuesday, November 3rd, 2009

The American Petroleum Institute has released a best practices document that explains methods of drilling and cementing for wells that will be hydraulically fractured. “API HF1, Hydraulic Fracturing Operations – Well Construction and Integrity Guideline.”


Indigo to Buy Wells and Acreage from Chesapeake


Thursday, June 11th, 2009

An article on the Reuters website reports that Indigo Minerals, LLC is purchasing over 500 producing natural gas wells and undeveloped acreage in Louisiana, Texas and Arkansas from Chesapeake Energy Corporation for $218 million.


Is the Next Natural Gas Play in North Carolina?


Friday, May 15th, 2009

Although North Carolina has no current oil or natural gas production, drilling methods developed in other states might be used to tap natural gas reservoirs in Mesozoic basins beneath several North Carolina counties. The Cumnock Formation of the Deep River Basin and the Cow Branch Formation of the Dan River Basin both contain organic-rich shales that might yield commercial quantities of natural gas. More at Geology.com.


Articles on Mineral Rights, Leases, Royalties & Taxes


Tuesday, May 12th, 2009

Mineralweb.com has several articles related to mineral rights, oil and gas leasing, royalties, taxes and more.


More: Mineral Rights & Foreclosed Property


Saturday, February 7th, 2009

A Broome County, New York, government committee is writing a policy on mineral rights and foreclosed properties that will be submitted to the legislature. The county has been stripping the mineral rights from foreclosed properties and keeping them if the properties are redeemed. More at PressConnects.


Pennsylvania Landowners Fight Eminent Domain


Monday, December 29th, 2008

A group of Pennsylvania landowners are fighting an attempt to acquire their mineral rights through eminent domain for a natural gas storage field. They say that the $400 per acre being offered is a lot less than they could get by leasing the same property to Marcellus Shale landmen. More in the Lebanon Daily News.


Tax Review of Marcellus Shale Properties?


Thursday, December 4th, 2008

The President of the Kanawha County Commission (West Virginia) sees lots of natural gas money changing hands and is calling for a reassessment of natural gas property values within the county. More at the Charleston Daily Mail. County Commissioners in Pennsylvania are lobbying for the ability to assess oil and natural gas properties at the county level. More on the Susquehana Independent website.


Norway’s Statoil to Buy Marcellus Shale Stake


Wednesday, November 12th, 2008

Norway’s Statoil, one of the largest natural gas producers in Europe, is buying up to a $3.37 billion stake in Chesapeake Energy’s Marcellus Shale natural gas lease holdings. More at Marketwatch.


Property Owners Hurt and Enriched by Natural Gas Wells


Monday, October 27th, 2008

This article from the Shreveport Times explores how some property owners make a lot of money from development of the Barnett Shale natural gas field and other property owners just a short distance away have a negative impact without compensation.


Chesapeake Energy Wants a Marcellus Shale Joint Venture


Tuesday, September 23rd, 2008

Chesapeake Energy is looking for a 25% partner in its Marcellus Shale natural gas leases.  They are in discussions with multiple partices and anticipate a close to the transaction by the end of year.  More details in their news release.


Barnett Shale Properties Sold by Dune Energy


Sunday, September 14th, 2008

Dune Energy has a news release announcing the sale of its Barnett Shale leases, located in Denton and Wise Counties (Texas) for $41.5 million. There was no mention about the buyer or the number of acres involved.

All content copyright by ShaleBlog.com. Use without permission is prohibited.

 


  Shale Blog Topics