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Latest Shale Stories

2014-10-16 08:24:01

HOUSTON, Oct. 16, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that it has signed a purchase and sale agreement with Chesapeake Energy Corporation (NYSE: CHK) to acquire certain oil and gas assets covering approximately 413,000 net acres in West Virginia and southwest Pennsylvania targeting natural gas, natural gas liquids and crude oil contained in the Upper Devonian, Marcellus and Utica shales for approximately $5.375 billion. The acquired assets...

2014-10-15 16:23:11

LONDON, Oct. 15, 2014 /PRNewswire/ -- REPORT HIGHLIGHTSThe U.S. fracking fluid market was valued at $18.4 billion in 2012, grew to $26 billion in 2013, and is projected to reach about $37.3 billion in 2018, with a compound annual growth rate (CAGR) of 7.4% for the five-year period, 2013 to 2018.This report provides:An overview of the U.S. market for fracking fluids, which are used in hydraulic fracturing, or "hydrofracking," for shale gas and oil production.Analyses of global market...

2014-10-14 08:25:12

System Will Provide Greater Access and Takeaway Options for Producers HOUSTON, Oct. 14, 2014 /PRNewswire/ -- Asset Risk Management (ARM) (www.asset-risk.com) announced today that ARM Midstream, a wholly owned subsidiary of ARM, intends to construct a crude oil gathering system in the prolific Bakken shale gas play and underlying Three Forks formation. The gathering system project is the first phase of ARM's desire to serve area producers via direct access and greater optionality to...

2014-10-13 08:22:33

HOUSTON, Oct. 13, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it will release its third quarter 2014 results on Thursday, November 6, after the market closes. In conjunction with the release, Gastar has scheduled a conference call for 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on Friday, November 7. Investors may participate in the call either by phone or audio webcast. By Phone: Dial 1-888-450-9962...

2014-10-03 08:21:39

Inaugural Shale Water Expo to feature seminars from industry leaders and access to latest innovations DENVER, Oct. 3, 2014 /PRNewswire/ -- The gathering in Houston this month of the leaders, innovators and practical visionaries in the expanding shale water industry is testimony to the power of America's entrepreneurial spirit. Photo - http://photos.prnewswire.com/prnh/20141002/150048 The doors open Oct. 14 on the inaugural Shale Water Expo, the first conference and exhibition for...

2014-09-26 16:22:04

DALLAS, Sept. 26, 2014 /PRNewswire/ -- Reports recently released by the U.S. Energy Information Agency (EIA) held no surprises for the oil and gas industry. Shawn Bartholomae praised, as the supreme oil and gas producing state, Texas continues to amaze the industry with its dominating position. The EIA report confirmed that Texas has doubled its oil production in the last three years with increases for every consecutive month since early 2011. Shawn Bartholomae, CEO of Prodigy...

2014-09-25 16:22:32

HOUSTON, Sept. 25, 2014 /PRNewswire/ -- Gastar Exploration Inc. ("Gastar") (NYSE MKT: GST) today announced that the Company will be presenting at the Johnson Rice & Company 2014 Energy Conference on Monday, September 29, 2014 in New Orleans. J. Russell Porter, President and Chief Executive Officer, will make a presentation at 1:05 p.m. Central Time (2:05 p.m. Eastern Time). To listen to an audio webcast of the presentation and view accompanying presentation materials, visit the...

2014-09-24 08:22:54

HOUSTON, Sept. 24, 2014 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced the closing of a $925 million private placement of senior unsecured notes, an acquisition of approximately 30,000 net acres in the Eagle Ford Shale and an update on its share repurchase program. Private Placement of Senior Unsecured Notes The Company recently closed a private placement of senior unsecured notes to a group of institutional investors. In total, the Company raised $925...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

2014-09-05 08:20:59

HOUSTON, Sept. 5, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) today announced that the Company will be presenting at the Euro Pacific Capital Global Investment Conference to be held on Tuesday, September 9, 2014 in New York City. J. Russell Porter, President and Chief Executive Officer, will make a presentation at 9:30 a.m. Eastern Time. To listen to an audio webcast of the presentation and view accompanying presentation materials, visit the Investor Relations page...


Latest Shale Reference Libraries

28_c58d960fce272027de2c92c79e67bcc3
2005-05-25 17:58:42

Shale is a fine-grained sedimentary rock whose original constituents were clays or muds. It is characterized by thin laminae breaking with an irregular curving fracture, often splintery, and parallel to the often indistinguishable bedding planes. Non-fissile rocks of similar composition but made of particles smaller than 1/16 mm are mudstones. Rocks with similar particle sizes but with less clay and therefore grittier are siltstones. The fine particles that compose shale can remain...

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Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.