Latest Barnett Shale Stories
HOUSTON, Aug. 1, 2012 /PRNewswire/ -- Express Energy Services, LLC (EES) today announces that John R. Beall has joined as Chief Financial Officer, effective July 5, 2012. Mr. Beall replaces Jim Davis, who is retiring from EES. (Logo: http://photos.prnewswire.com/prnh/20110201/DA40386LOGO) Mr. Davis, who was retired at the time, joined Express in 2009 to assist the Company through a challenging financial period and help restore it to a sound financial footing. He remained with the...
Brett Smith for redOrbit.com - Your Universe Online Environmentalists often lean heavily on science and research to support their political cause, but a few scientists are now saying that some of the evidence these activists use is misleading or questionable. "The debate is becoming very emotional. And basically not using science" on either side, Avner Vengosh, a Duke University professor studying groundwater contamination told the Associated Press. Shale gas drilling has become a...
BOULDER, Colo., June 26, 2012 /PRNewswire/ -- FreeWave Technologies, (http://www.freewave.com), manufacturer of the most reliable, high-performance spread spectrum and licensed radios for critical data transmission, today announced that together with its partner, Pan-Tech Controls (http://www.pantechcontrols.com/), it has deployed hundreds of I/O Expansion Modules for a major natural gas producer in the Barnett Shale in Texas, one of the largest producible reserves of any on-shore...
DALLAS, June 19, 2012 /PRNewswire/ -- Moyes & Co. has been retained as exclusive financial advisor by a private London-based independent to sell an 87% working interest (possibility to acquire 100%) in approximately 2,006 net acres (2,531 gross acres) of leasehold with the potential to acquire an additional 952 net acres (1,304 gross acres) in eastern Clay County, Texas. Eastern Clay County is located in the western area of the Barnett Combo Play. (Photo:...
SCOTTSDALE, Ariz., May 21, 2012 /PRNewswire/ -- EGPI Firecreek, Inc. (OTCBB: EFIR) announced that their 2nd Quarter sees the completion and sale of 50% of North 40 interests in their J.B. TUBB Lease, Inc., the development on South 40, the proposed development on the 240 Acre Boyette Lease and the majority interest sale of Arctic Solar Engineering. A more detailed chronology of events anticipated for completion in the 2nd quarter are as follows: Status of Sale of 50% of North 40...
SCOTTSDALE, Ariz., April 3, 2012 /PRNewswire/ -- EGPI Firecreek, Inc. (OTCBB: EFIR) announced today a Letter of Intent to prepare and conduct drilling programs aimed at the Barnett Formation in West Central Texas with U.K.-based Cubo Energy, PLC ("CUBO"). Initial plans are to prepare and conduct a 3-D Seismic study for 240 acres covering the Boyette property in Shackelford County, Texas. The seismic study will focus on specific Barnett Shale formation characteristics that will...
HOUSTON, Feb. 16, 2012 /PRNewswire/ -- Achieves 9.4 Percent Year-Over-Year Total Company Production Growth Reports 52 Percent North American Annual Crude Oil, Condensate and Natural Gas Liquids Growth with 48 Percent Increase in Total Company Liquids Volumes Year-Over-YearDelivers Strong Year-Over-Year Growth in EPS, EBITDAX and Discretionary Cash Flow Increases Eagle Ford Potential Recoverable Reserve Estimate by 78 Percent - from 900 MMboe to 1,600 MMboe, Net After Royalty Realizes...
HOUSTON, Jan. 12, 2012 /PRNewswire/ -- Select Energy Services (SES), a leading provider of engineered water solutions to the oil and gas industry, today announced its acquisition of Elite Wellsite Services LLC (Elite), an oilfield services company based in Bridgeport, Texas servicing primarily the Barnett Shale. "This acquisition further solidifies SES's established position in the Barnett Shale," said SES CEO John Schmitz. "Through this transaction, we are now able to...
HOUSTON, Dec. 15, 2011 /PRNewswire/ -- A majority of Americans think developing natural gas by tapping shale formations offers greater rewards than it does risks, including those associated with hydraulic fracturing, according to a survey conducted by the Deloitte Center for Energy Solutions. Moreover, 8 in 10 respondents link natural gas with job creation and economic revival. Specifically, 83 percent of respondents agree that natural gas development can stimulate job growth in...
COLUMBUS, Ohio, Dec. 14, 2011 /PRNewswire/ -- Shale gas is poised to become big business in Ohio and in this case, location means everything. Proximity to the population centers of the United States and Canada, along with the expected longevity of the resource, establishes the Marcellus and Utica Shale formations as an important long-term and stable source of natural gas supply for the eastern United States. Energy companies that want to maximize their investment in establishing a...
