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Latest Barnett Shale Stories

2014-09-26 16:21:44

DALLAS, Sept. 26, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Matt Harrison, Senior Vice President and Chief Financial Officer, will present at the Deutsche Bank 2014 Leveraged Finance Conference in Scottsdale, Arizona on Tuesday, September 30, 2014, at approximately 4:20 p.m. local time. The presentation materials associated with this event will be accessible through the Investors section of SMLP's website at www.summitmidstream.com...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: 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 hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

Northeast Debates Benefits And Dangers Of Hydrofracking
2014-09-16 05:03:22

April Flowers for redOrbit.com - Your Universe Online Fracking, or hydraulic fracturing, is a process used to release natural gas hidden deep underground. The process has been blamed for everything from earthquakes to sinkholes, but a new study, published in Proceedings of the National Academy of Sciences, reveals that fracking is not the cause of contaminated water in Pennsylvania and Texas. Scientists from five universities collaborated on the study, finding that faulty well integrity is...

2014-07-24 16:23:37

DALLAS, July 24, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.52 per unit on all of its outstanding common and subordinated units, or $2.08 per unit on an annualized basis, for the quarter ended June 30, 2014. The distribution will be paid on August 14, 2014 to unitholders of record as of the close of business on August 7,...

2014-06-06 08:21:34

HOUSTON, June 6, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the East Texas-based pressure pumping operations of a privately held company. The acquisition includes 31,500 horsepower of hydraulic fracturing equipment and provides Patterson-UTI with a new base of operations and employees to efficiently support drilling programs in East Texas and Louisiana. The pending transaction...

2014-05-15 20:21:50

DALLAS, May 15, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Steve Newby, President and Executive Officer, and Matt Harrison, Senior Vice President and Chief Financial Officer, will present at the 2014 Master Limited Partnership Investor Conference sponsored by The National Association of Publicly Traded Partnerships. The presentation will begin at 8:30 am Eastern on Thursday May 22, 2014, at Sawgrass Marriott Golf Resort & Spa in Ponte...

2014-04-24 16:31:54

DALLAS, April 24, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.50 per unit on all of its outstanding common and subordinated units, or $2.00 per unit on an annualized basis, for the quarter ended March 31, 2014. The distribution will be paid on May 15, 2014 to unitholders of record as of the close of business on May 8, 2014....

2014-02-13 12:21:55

Trinity East paid $19 million with assurances before Dallas City Council blocked plans DALLAS, Feb. 13, 2014 /PRNewswire/ -- A Fort Worth-based oil and gas exploration company filed a lawsuit against the City of Dallas on Thursday after the company paid more than $19 million to secure oil and gas leases on city property and invested far more in the project, only to have drilling permits on three separate tracts denied by the Dallas City Council. The lawsuit claims breach of...

2014-01-23 16:21:49

DALLAS, Jan. 23, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.48 per unit on all of its outstanding common and subordinated units, or $1.92 per unit on an annualized basis, for the quarter ended December 31, 2013. The distribution will be paid on February 14, 2014 to unitholders of record as of the close of business on...

2014-01-08 16:22:11

DALLAS, Jan. 8, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today the appointment of Rene L. Casadaban as Senior Vice President and Chief Operating Officer of Summit Midstream GP, LLC (the "general partner"), the company that manages and operates SMLP. (Logo: http://photos.prnewswire.com/prnh/20120927/MM82470LOGO) Mr. Casadaban will report to Steve Newby, President and CEO of the general partner. Commenting on Mr. Casadaban's promotion, Mr. Newby...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.