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Latest Barnett Shale Stories

2011-05-02 08:24:00

HOUSTON, May 2, 2011 /PRNewswire/ -- The Legend Natural Gas partnerships (composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP and Legend Natural Gas IV, LP, collectively referred to as "Legend"), along with their equity sponsor Riverstone Holdings LLC ("Riverstone"), today announced the execution of several transactions which will significantly increase reserves and production, improve operational and administrative efficiencies and position Legend for future growth. Chief...

2011-04-28 07:00:00

AUSTIN, Texas, April 28, 2011 /PRNewswire/ -- Imperial Resources, Inc. (OTCBB: IPRC) today is pleased to announce that its wholly owned subsidiary, Imperial Oil & Gas, Inc. (together the "Company", "Imperial") entered into an Agreement on April 27, 2011 to acquire, subject to title review, 100% of a Salt Water Disposal Project ("Facility"), located in the heart of the Barnett Shale, the largest gas play by number of wells, in Texas. The Facility The Facility is a unique, very low risk...

2011-03-15 05:30:00

HOUSTON, March 15, 2011 /PRNewswire/ -- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Company's preliminary financial results for the fourth quarter of 2010, which reported Net Loss, Adjusted Net Income and EBITDA before the potential effect of cash distributions from a joint venture partner (or "Dividend Income") as described further below, and included the following highlights: (Logo: http://photos.prnewswire.com/prnh/20030523/CRZOLOGO) Preliminary Results for the...

2011-02-24 09:02:00

University of Texas at San Antonio study projects tenfold increase in economic impacts by 2020 SAN ANTONIO, Feb. 24, 2011 /PRNewswire-USNewswire/ -- In less than three years of development, the Eagle Ford Shale already accounts for over six percent of the Gross Regional Product for the 24-county South Texas area it encompasses, according to a study released today by the Center for Community and Business Research at the University of Texas at San Antonio Institute for Economic...

2011-02-17 17:22:00

HOUSTON, Feb. 17, 2011 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today reported fourth quarter 2010 net income of $53.7 million, or $0.21 per share. This compares to fourth quarter 2009 net income of $400.4 million, or $1.58 per share. For the full year 2010, EOG reported net income of $160.7 million, or $0.63 per share, as compared to $546.6 million, or $2.17 per share, for the full year 2009. The results for the fourth quarter 2010 included a $122.3 million, net of...

2011-02-15 14:31:00

FORT WORTH, Texas, Feb. 15, 2011 /PRNewswire/ -- Peregrine Pipeline Company is a team of midstream professionals and affiliate companies, serving the natural gas exploration and production industry. Services include natural gas gathering, treating/processing, transportation, compression, dehydration, and marketing. (Logo: http://photos.prnewswire.com/prnh/20110215/DA48725LOGO) Peregrine's major systems include gas gathering and transport pipelines in the Barnett Shale and Fayetteville...

2011-02-01 13:14:00

HOUSTON, Feb. 1, 2011 /PRNewswire/ -- Express Energy Services is pleased to announce the acquisition of Koda Rathole, LLC which was made official on January 31st, 2011. Koda Rathole, headquartered in North Richland Hills, Texas, provides the service of setting conductor pipe and drilling of the rat and mouse holes in preparation for the drilling of a new oil or gas well. (Logo: http://photos.prnewswire.com/prnh/20110201/DA40386LOGO) Koda Rathole's CEO Craig Rosengrants said, "We are very...

2011-01-25 12:55:00

CHARLESTON, W. Va., Jan. 25, 2011 /PRNewswire/ -- The development of the Marcellus Shale play in West Virginia has the potential for significant economic development for the state, according to a new report from the West Virginia University College of Business and Economics, Bureau of Business and Economic Research (BBER). The report also examines potential impacts associated with the development of the shale play from 2010 to 2015 as well as the legal, regulatory and environmental issues...

2010-12-16 15:35:00

MIDLAND, Texas, Dec. 16, 2010 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today that it has acquired all of the outstanding stock of Platinum Pressure Services, Inc. ("Platinum Pressure Services") for total cash consideration of $35.0 million, net of working capital acquired. Platinum Pressure Services owns 13 snubbing units, which are located primarily in the Marcellus shale, and has additional operations in the Ark-La-Tex region and Barnett...

2010-12-16 08:10:00

FRISCO, Texas, Dec. 16, 2010 /PRNewswire-FirstCall/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced that it plans to spend approximately $522.0 million in 2011 for development and exploration activities. The 2011 drilling program will focus on the continued development and delineation of its Haynesville shale and Bossier shale properties in North Louisiana and its Eagle Ford shale properties in South Texas. Comstock is currently utilizing six operated...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'