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Latest Geology of Texas Stories

2008-08-06 06:00:42

HOUSTON, Aug. 6 /PRNewswire-FirstCall/ -- Petrohawk Energy Corporation ("Petrohawk" or the "Company") today announced its second quarter 2008 financial results and provided a mid-year operational report, including updated 2008 development plans, capital budget, production and reserve growth estimates. Also included is a preview of planned drilling activities in 2009 and related production growth estimates. Second Quarter 2008 Financial Highlights -- During the second quarter, Petrohawk...

2008-08-05 18:00:35

DENVER and HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP , or DCP, and M2 Midstream LLC, or Momentum, today announced they have signed an agreement to pursue development of a new large diameter natural gas pipeline to move gas from the emerging Haynesville Shale play in North Louisiana. As an extension of DCP's Pelico Intrastate Pipeline, the new pipeline, named the Haynesville Connector, would originate in western DeSoto Parish and extend over 150 miles to Delhi,...

2008-08-05 12:00:59

DALLAS, Aug. 5, 2008 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (AMEX:QBC) ("Cubic" or the "Company") announces the Company has spud its fifth Haynesville Shale well in its northwest Louisiana acreage. The Red Oak Timber 5 No. 1 spud on Friday, August 1, 2008 and will be vertically drilled to approximately 11,950 feet using a casing program with 7 5/8" for the intermediate string. This will allow the Company to drill horizontally in the Haynesville Shale at a later date, after being vertically...

2008-08-04 15:00:49

CDX Gas, LLC announced today that it has retained Credit Suisse Securities (USA) LLC and Jefferies Randall & Dewey, a division of Jefferies & Company, Inc., as its financial advisors to evaluate and advise the Board of Directors regarding strategic alternatives for the Company. Strategic alternatives include, but are not limited to, the sale or merger of the Company in its entirety or the sale of substantially all or a portion of the Company's assets. CDX Gas, with the assistance...

2008-08-02 06:00:22

By Jack Money, The Oklahoman Aug. 2--Chesapeake Energy Corp.'s unrealized hedging loss of $3.4 billion during its second quarter raised more than a few eyebrows this week. Simply put, the company encountered the loss -- really, just on paper -- because natural gas was selling for more than the price the company locked in with its delivery contracts during the time. Hedging, company officials admit, is a difficult concept to grasp, especially for people who work outside the energy...

2008-07-30 06:00:49

By Paul Davidson U.S. natural gas reserves are far more plentiful than previously estimated, says an industry study being released today -- a discovery that heralds a potential remedy to the energy crisis. The report says the U.S. has up to 50% more natural gas reserves than earlier projections because of higher-than-expected yields from 22 shale formations in 20 states. The industry says the findings should prod policymakers to provide incentives to wean the nation from $4 gasoline...

2008-07-27 03:00:30

By Jim Fuquay, Fort Worth Star-Telegram, Texas Jul. 27--Nearly seven miles into the unexplored territory of Dallas County, Trinity East Drilling of Fort Worth has sunk a well that is testing the easternmost boundary of the Barnett Shale. About 50 miles to the south, Range Resources has explored similar terrain, with two wells in far western Ellis County and a third planned. And in between, skirting just west of a geological fault line, the Ouachita Thrust, are several more. Each follows...

2008-07-25 03:00:43

By Jim Fuquay, Fort Worth Star-Telegram, Texas Jul. 25--Range Resources of Fort Worth reported record revenue in the second quarter despite production curtailments in the Barnett Shale. But Range still had a $35 million net loss driven by a noncash loss on its hedging activities. Adjusting for unusual items, the independent petroleum producer said it earned $75 million, or 48 cents a share, well short of Wall Street's consensus estimate of 55 cents. The company said that it wrote off...

2008-07-24 18:00:54

By Jim Fuquay, Fort Worth Star-Telegram, Texas Jul. 24--Range Resources of Fort Worth reported record revenues in the second quarter, but showed a $35 million net loss driven by a non-cash loss on its hedging activities. Adjusting for unusual items, the independent petroleum producer said it earned $75 million, or 48 cents a share, well short of Wall Street's consensus estimate of 55 cents. The company said the shortfall was the result of the write-off of its investment in expiring...

2008-07-24 09:01:05

Capital City Energy Group, a diversified oil and natural gas company, has acquired an interest in the Fayetteville Shale, a non-conventional reservoir, located in Van Buren and Cleburne Counties in Arkansas. The company has said that it is participating in drilling activity on more than 30,000 acres in these counties. To date, Capital City has participated in drilling 29 producing wells on the properties. Drilling activity is increasing at the rate of eight to 10 new producing wells per...


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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Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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