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Latest Barnett Shale Stories

2009-09-14 14:16:00

HOUSTON, Sept. 14 /PRNewswire/ -- Sharewell L.P. announced that it successfully drilled through the Marble Falls formation in the Barnett Shale in North Texas with its new Electromagnetic Telemetry ("EM") MWD. The company's patented, proprietary EM-MWD system effectively transmitted data on a Barnett Shale horizontal well at a depth of 6,533 feet through 430 feet of the Marble Falls (Lower Pennsylvanian) formation, a high-resistivity formation. The Sharewell EM technology decoded quality...

2009-09-09 05:52:00

SHORT HILLS, N.J. and ATLANTA, Sept. 9 /PRNewswire/ -- Energy Capital Partners ("ECP") announced today the formation of Summit Midstream Partners LLC ("Summit"), a midstream energy company focused on acquiring and developing a portfolio of midstream energy infrastructure assets that are strategically located in traditional and emerging North American production basins and import centers. ECP also announced today Summit's acquisition of 75% of DFW Midstream Services, LLC ("DFW Midstream")...

2009-08-31 06:30:00

OVERLAND PARK, Kan., Aug. 31 /PRNewswire-FirstCall/ -- Infinity Energy Resources, Inc. (Pink Sheets: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, today announced that production has resumed at the Company's wells in the Barnett Shale play in Earth County, Texas. Production was restricted this year as we changed out compressors and following a lightning strike that damaged a salt water disposal well during a thunderstorm in April...

2009-08-10 05:35:00

HOUSTON, Aug. 10 /PRNewswire-FirstCall/ -- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today reported the Company's financial results for the second quarter and first half of 2009 (including a revision to the first quarter 2009 ceiling test impairment as further described in the Company's Form 8-K filed August 10, 2009), which included the following highlights: (Logo: http://www.newscom.com/cgi-bin/prnh/20030523/CRZOLOGO) Results for the Second Quarter 2009 -- Production of 7.9 Bcfe,...

2009-08-06 16:02:00

HOUSTON, Aug. 6 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today reported its second quarter 2009 operating and financial results. For the second quarter, EOG reported a net loss available to common stockholders of $16.7 million, or $0.07 per share. This compares to second quarter 2008 net income available to common stockholders of $178.2 million, or $0.71 per share. The results for the second quarter 2009 included a previously disclosed $33.6 million ($21.6...

2009-08-04 15:01:00

HOUSTON, Aug. 4 /PRNewswire-FirstCall/ -- Petrohawk Energy Corporation ("Petrohawk" or the "Company") (NYSE: HK) today announced its second quarter 2009 financial and operating results, including record production, drilling cost reductions in the Haynesville Shale and Eagle Ford Shale plays, and increased production guidance for 2009. The Company also issued guidance for 2010 capital expenditures and production. Petrohawk achieved continued improvements in drilling results and notable...

2009-07-27 11:20:00

HARRISBURG, Pa., July 27 /PRNewswire/ -- Marcellus Shale development will pump $14.17 billion into the state's economy in 2010 and create more than 98,000 jobs, while generating $800 million in state and local tax revenues, according to an economic study completed by the Pennsylvania State University for the Marcellus Shale Committee and the Pennsylvania House Natural Gas Caucus. The study notes a consistent increase in annual drilling and projects a $25 billion contribution to the...

2009-07-08 22:08:00

TSX-V: PTR VANCOUVER, July 8 /PRNewswire-FirstCall/ - Petromin Resources Ltd. is pleased to announce that Terrawest Energy Corp. (TWE) has indicated that according to data from the field uncovered by Norwest Corporation at the completion of the geological survey and dated June 21, 2009 -, the thickness of the prospective Jurassic Badaowan ("J1B") formation on TWE Liuhuanggou Project lands is far greater than initially indicated by drilling. The Liuhuanggou Project is located in the southern...

2009-06-24 09:08:00

AUSTIN, Texas, June 24 /PRNewswire/ -- What do some of the Barnett Shale's key players know about a portion of the play long considered outlier and non-economic that others don't? These areas have seen a significant increase in activity on the heels of recent production successes of EOG and DTE in Palo Pinto, Montague, Jack, and adjacent counties. "What many people miss in these types of plays is that operations matter, and they matter in a big way; a good operator can produce up to 5 times...

2009-06-11 10:59:00

AUSTIN, Texas, June 11 /PRNewswire/ -- Although drilling and new well permits are down 40% since the first of the year within the Fort Worth Basin Barnett Shale play, a portion of the play long considered outlier and non-economic has seen a significant increase in activity due to the production successes of EOG and DTE in their acreage in Palo Pinto, Montague, Jack, and adjacent counties. "This is an interesting development in the Fort Worth Basin Barnett Shale play," stated Ramona Hovey,...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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