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Latest Geology of Texas Stories

2008-10-06 03:00:25

By Hengel, Mark A STUDY OF MINERAL LEASES IN THE FAYETTEville Shale Play of north- central Arkansas shows hat more recent contracts carry significantly better royalty and signing bonuses than did the earlier leases. Leases typically have a term of five years, meaning some of the earliest leases in the successful gas deposit could be up for renegotiation next year. But can early signers expect to get better terms like their late-to-the-party counter-parts? The answer is disappointing:...

2008-10-01 09:00:41

Chesapeake Energy Corporation (NYSE:CHK) today announced its wholly-owned subsidiary, Chesapeake Energy Marketing, Inc., has entered into a ten-year agreement for firm transportation of 375 million cubic feet (mmcf) per day of natural gas and an option to transport an additional 125 mmcf per day on the Fayetteville Express Pipeline, a new 42-inch, 187-mile pipeline system to be constructed by Kinder Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P. The pipeline system that...

2008-09-30 00:00:28

By Jerry Shottenkirk Experts say natural gas is abundant because of the use of advanced drilling techniques. However, those techniques such as horizontal drilling and high- pressure fracturing cost millions for each week. Chesapeake Energy last week announced a cutback in budgeting and drilling for the next few years. It comes down to price and value. On Friday natural gas flirted with the $7.50-per-thousand-cubic- feet mark, and that's just the New York Mercantile Exchange price....

2008-09-29 09:00:49

MIDLAND, Texas, Sept. 29 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. ("Basic") announced today it has purchased substantially all of the operating assets of Azurite Services Company, Inc., Azurite Leasing Company, LLC and Freestone Disposal, L.P. (collectively known as "Azurite") for approximately $60 million in cash. Projected revenue for the first twelve months from these assets is expected to be $51 million and the transaction is anticipated to be accretive to earnings in...

2008-09-19 09:00:35

HOUSTON, Sept. 19 /PRNewswire-FirstCall/ -- Southern Star Energy Inc. (OTC Bulletin Board: SSEY, the "Company"), a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the Company experienced no interruptions in field operations, production, or drilling operations during or following the passage of Hurricane Gustav and Hurricane Ike. The Company experienced no damage to field equipment, and there were no injuries to any of the...

2008-09-17 06:00:24

By Julene Bair While touting his plan to wean us off foreign oil, Texas billionaire T. Boone Pickens makes no bones about being heavily invested in the natural gas he wants us to use in our cars. Nor does he deny the wind generated on his 200,000-acre wind farm would inflate a fortune accumulated selling fossil fuel. But he says little of his intention to market fossil water. That's what conservationists call finite supplies of water dating to prehistoric times. The Ogallala Aquifer is...

2008-09-11 12:00:38

Boardwalk Pipeline Partners has announced that its subsidiary, Gulf South Pipeline Company, is conducting a binding open season to solicit commitments to support an expansion of its new east Texas-to-Mississippi 42-inch pipeline in order to serve increased production out of east Texas and the Haynesville Shale. Expansion of the Gulf South 42-inch pipeline is expected to provide much needed export capacity for producers in these growing areas to provide access to the Midwest and Northeast...

2008-09-10 12:00:45

Mainland Resources, an oil and gas exploration and production company, has signed a letter agreement to acquire 5,000 net acres in Mississippi, where the company plans to drill the first test well to evaluate the potential Haynesville Shale gas formation in the region. Under the terms of the agreement, Mainland Resources will acquire 100% working interest and 75% net revenue interest on all gas formations within the 5,000 net acres, which are located in southwestern Mississippi within the...

2008-09-10 09:00:42

Regency Energy Partners has announced that it plans to expand its pipeline system in north Louisiana to bring natural gas from the Haynesville Shale to market. The $1.1 billion expansion of the Regency Intrastate Gas System will provide 1.45 billion cubic feet per day (bcfd) of new capacity to handle expected increases in production from the region, said Regency Energy. Regency has obtained letters of intent for long-term transportation agreements from anchor shippers covering...

2008-09-09 18:00:29

Regency Energy Partners LP (Nasdaq: RGNC) announced today it plans to expand its pipeline system in North Louisiana to bring natural gas from the Haynesville Shale - one of the most active new natural gas plays in the United States - to market. The $1.1 billion expansion of the Regency Intrastate Gas System will provide 1.45 Bcfd of new capacity to handle expected increases in production from the region. Regency has obtained letters of intent for long-term transportation agreements from...


Latest Geology of Texas Reference Libraries

Edwards Plateau
2013-04-19 19:37:49

The Edwards Plateau is an area of west-central Texas which is bordered by the Balcones Fault towards the south and the east, the Llano Uplift and the Llano Estacado towards the north, and the Chihuahuan Desert and Pecos River towards the west. San Angelo, San Antonia, Del Rio, and Austin make a rough outline of the area. The eastern part of the plateau is the Texas Hill Country. The trees of this savanna include a juniper-oak mix and a mesquite-acacia mix scattered over the fairly short...

Tenontosaurus
2013-01-29 09:53:30

Image Caption: Head of Tenontosaurus, Institut de paléontologie humaine, Paris, France. Credit: Rémih/Wikipedia (CC BY-SA 3.0) Tenontosaurus, meaning “sinew lizard”, is a genus of medium to large sized ornithopod dinosaur. The genus is known from the late Aptian to Albian ages of the middle Cretaceious period sediments of western North America, dating roughly between 115 to 108 million years ago. It was formerly thought to be a ‘hypsilophodont’, but since Hypsilophodontia is no...

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