The Eagle Ford Shale is a black shale with a high organic carbon content in central Texas. I has become one of the most important economic generators in central Texas.
More at Geology.com.Texas Gas
Irrational Natural Gas Prices?
Lots of factors contribute to the natural gas prices paid by residential customers. Long term contracts and distant supply sources can hold residential prices high even though natural gas is locally in abundance. Residential customers in Arkansas, Lo…
More at Energy Information Administration.
Gas Fracking
Jadela Oil recently used 5000 barrels of liquid propane and butane to frack a horizontal well in Maverick County, Texas. When gas is used for fracking it can be recovered and sold or recycled instead of being a disposal problem.
More at Caller.com.
Gulf of Mexico – Energy Infrastructure
The Energy Information Administration has an interactive map that displays energy infrastructure features in the Gulf of Mexico region. It includes power plants, transmission lines, LNG terminals, natural gas hubs, pipelines, oil ports, refineries, ac…
More at Energy Information Administration.
How Natural Gas is Taxed in 19 Different States
The Marshall University Center for Business and Economic Research has prepared: Taxation of Natural Gas: A Comparative Analysis. This publication reviews the many methods of taxing natural gas 19 different states. You might be surprised at how many …
More at Marshall University Center for Business and Economic Research.
BHP Billiton to Buy Petrohawk for $12 Billion
BHP Billiton, the world’s largest mining company headquartered in Australia, has agreed to purchase Petrohawk Energy for $12.1 billion. Petrohawk is an independent oil and natural gas company with a focus on exploration and production of shale plays within the United States. The company has significant activity in the Haynesville, Lower Bossier and Eagle Ford Shales of Texas and Louisiana.
More in the Petrohawk press release.
$3.5 Billion for Eagle Ford Acreage
According to a report on FuelFix.com, Marathon Oil will acquire 141,000 net acres of Eagle Ford Shale holdings in Atascosa, Karnes, Gonzales and DeWitt counties, Texas for $3.5 billion.
LNG Export from Sabine Pass, LA/TX
“DOE issued conditional authorization to Cheniere Energy’s application to export LNG from its Sabine Pass terminal in Louisiana. Cheniere plans to retrofit the existing import terminal to give it liquefaction capability. Cheniere has been authorized to export up to 2.2 Bcf/d of natural gas from the facility for a period of 20 years.” Quoted from the Energy Information Administration Weekly Natural Gas Update.
Eagle Ford Shale – Thousands of Jobs
The Houston Chronicle reports that oil and gas drilling in the Eagle Ford Shale of Texas has generated a need for workers – not only with the companies doing the drilling but also with the companies that provide technical services, materials, logistics support and more.
Eagle Ford Shale: Greatest Economic Driver in South Texas
In an article on the FuelFix website, David Porter, Texas Railroad Commissioner (the Railroad Commission regulates natural gas drilling for the State of Texas), says that the Eagle Ford Shale has the potential to be the greatest economic driver in the history of South Texas.
Eagle Ford Shale Landowners vs Army National Guard
The Texas Army National Guard wants to buy 22,232 acres of land over the Eagle Ford Shale and owners of the land under consideration don’t want to sell because they want to keep the land for potential oil and gas royalties. More in the Houston Chronicle.
Eagle Ford Shale – An Economic Engine
The Houston Chronicle is a close watcher of the oil and gas industry – especially in Texas. Here is a quote from a recent HC article…. “Development of the Eagle Ford shale [...] shows promise of being the most important economic generator South Texas has ever seen.
Eagle Ford Shale Generates $3B in 2010
The San Antonio Business Journal has an article titled: “Eagle Ford Shale produced $3 billion for South Texas.”
Eagle Ford Shale: One of the Nation’s Biggest Oil and Gas Fields
An article in the Houston Chronicle, a newspaper that closely follows the oil and gas industry in Texas and worldwide, refers to the Eagle Ford Shale as “one of the nation’s biggest oil and gas fields.”
What is the Wolfcamp Shale?
The Wolfcamp Shale is a rock unit that drillers are starting to tap for natural gas, oil and natural gas liquids. The play extends across west Texas and a short distance into New Mexico. More at Right Side News.
The Energy Information Administration recently reported that
Several landowners in Texas are going after
Natural gas has been found in two private water wells in Parker County, Texas. The nitrogen content of the gas may determine if
In a competitive rush to
