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Latest Barnett Shale Stories

2010-06-17 09:48:00

HOUSTON, June 17 /PRNewswire/ -- Houston oilman George P. Mitchell has been awarded a Lifetime Achievement Award from the Gas Technology Institute. The founder of Mitchell Energy & Development Corp., Mitchell received the prestigious honor for pioneering hydraulic fracturing and drilling technologies that created a shale gas revolution. Mitchell was given the award at the "Global Unconventional Gas 2010: Unlocking Your Potential" conference as energy professionals from around the world...

2010-04-07 05:59:00

HOUSTON, April 7 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today announced crude oil discoveries in South Texas, North Dakota and Colorado. Potential reserves were increased on its Bakken/Three Forks and Fort Worth Barnett Shale Combo crude oil and liquids-rich acreage. In addition, natural gas reserve estimates were also raised for its Haynesville/Bossier and British Columbia Horn River Basin acreage. "These results reflect EOG's concerted effort over the last...

2010-03-11 14:15:00

CANONSBURG, Pa., March 11 /PRNewswire/ -- Marcellus Shale Coalition (MSC) president and executive director Kathryn Klaber issued the following statement today in response to comments attributed to White House staff regarding the disclosure of solutions used in the fracturing process: "Our industry was born in Pennsylvania more than 150 years ago. Since that time, more than 380,000 wells have been drilled in the Commonwealth, the majority of which have utilized hydraulic fracturing...

2010-03-10 12:45:49

Dallas-Fort Worth earthquakes coincident with activity associated with natural gas production A study of seismic activity near Dallas/Fort Worth International Airport by researchers from Southern Methodist University and the University of Texas at Austin reveals that the operation of a saltwater injection disposal well in the area was a "plausible cause" for the series of small earthquakes that occurred in the area between Oct. 30, 2008, and May 16, 2009. The incidents under study occurred in...

2010-02-22 16:00:00

DETROIT, Feb. 22 /PRNewswire-FirstCall/ -- DTE Energy (NYSE: DTE) today reported 2009 earnings of $532 million, or $3.24 per diluted share, compared with $546 million, or $3.34 per diluted share in 2008. Reported earnings in 2008 included $0.50 per diluted share related to the sale of a portion of the company's Barnett Shale natural gas property. 2009 operating earnings were $543 million, or $3.30 per diluted share, compared with 2008 operating earnings of $471 million, or $2.89 per...

2010-02-09 17:55:00

HOUSTON, Feb. 9 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today reported fourth quarter 2009 net income available to common stockholders of $400.4 million, or $1.58 per share. This compares to fourth quarter 2008 net income available to common stockholders of $461.5 million, or $1.84 per share. For the full year 2009, EOG reported net income available to common stockholders of $546.6 million, or $2.17 per share as compared to $2,436.5 million, or $9.72 per...

2010-01-25 09:51:00

DALLAS, Jan. 25 /PRNewswire/ -- Regal Energy, LLC ("Regal Energy") today announced the formation of Regal Energy Operating, LLC ("REO"). REO will be in charge of all operations for Regal Energy, including definition of territory and lease operations with its primary focus on the Barnett Shale in North Texas. In addition to REO being the operator for Regal Energy, REO's services are also available to other oil and gas companies. "Regal Energy Operating provides everything needed to...

2010-01-11 08:20:00

HOUSTON, Jan. 11 /PRNewswire-FirstCall/ -- Gateway Energy Corporation (OTC Bulletin Board: GNRG) (the "Company") today announced that it has acquired the Hickory Creek Gathering System from Hickory Creek Gathering L.P. and Range Texas Production, LLC for a cash purchase price of $3.9 million, adjusted to reflect a transaction effective date of November 1, 2009. The Hickory Creek Gathering System is located in Denton County, Texas, in the core area of the Barnett Shale and currently...

2010-01-06 00:00:00

HOUSTON, Jan. 6 /PRNewswire-FirstCall/ -- Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) announced today the acquisition of significant positions in four US resource plays, including the highly prospective Haynesville and Marcellus gas shale plays in North Louisiana/East Texas and Western Pennsylvania, respectively, and new frontier plays in Alabama and Montana. Altogether, Endeavour has acquired interests in 526,000 gross acres (165,000 net acres) in these four areas for...

2009-12-16 02:01:00

This merger represents a pooling of financial resources, production, appraisal, development and high-impact exploration. VANCOUVER, Dec. 16 /PRNewswire-FirstCall/ - Mr. Garth Johnson, Chief Executive Officer of TAG Oil Ltd. (TSX-V: TAO) announced today that the Company has completed its merger with Trans-Orient Petroleum Ltd., which holds exploration and production rights covering a large, highly prospective acreage position in New Zealand's East Coast Basin. Trans-Orient Petroleum Ltd. and...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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