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Last updated on April 18, 2014 at 9:12 EDT

Latest Shale Stories

2014-04-10 16:21:48

Updates progress on first Utica well HOUSTON, April 10, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") reported today that production from its Marshall County, West Virginia operations resumed Wednesday night at reduced rates following a 4-1/2 day shut-in that resulted from the rupture Saturday morning of a natural gas pipeline operated by Williams Partners. Gastar is currently producing at a gross rate of approximately 50 million cubic feet per day of...

2014-04-07 16:21:24

HOUSTON, April 7, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) announced today that its production in Marshall County, West Virginia has been shut-in since early Saturday morning due to the rupture of a pipeline operated by Williams Partners. Gastar hopes to restart production, which currently represents approximately two-thirds of its average daily production, as early as Tuesday night. On Saturday morning Williams experienced a rupture and fire in a 12-inch gas...

2014-04-02 04:20:20

HOUSTON, April 2, 2014 /PRNewswire/ -- Sabine Oil & Gas LLC today announced that it has scheduled a conference call on Friday April 4, 2014, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time), to discuss fourth quarter and full year 2013 financial and operational results and the Company's guidance for 2014. Prior to the conference call, the Company will post its 2014 Guidance to its website at www.sabineoil.com. (Logo: http://photos.prnewswire.com/prnh/20130325/MM83201LOGO) To...

2014-03-27 23:24:18

While growth in North Dakota's oilfields has generated optimism across the country, there are numerous challenges that must be addressed if the United States is truly going to capitalize on the oil boom, according to R3 Sciences. (PRWEB) March 27, 2014 It's no secret that business is booming in North Dakota's oil industry. In fact, growth in the state has helped fuel an energy revolution across the country, and much of the United States is looking to North Dakota to take a...

2014-03-26 12:23:04

51.4 Miles of Gathering Pipeline in Northern McKenzie County is Scheduled to be In-Service in the 4th Quarter of 2014. The Project Will Connect North & Central McKenzie County to Takeaway Options in and Around Johnson's Corner DALLAS, March 26, 2014 /PRNewswire/ -- Paradigm Energy Partners, LLC ("Paradigm") announced today the execution of a gathering contract that will anchor the build-out of an expansive gathering system extending from the Charleson Field of northern McKenzie...

2014-03-25 16:22:37

MIDLAND, Texas, March 25, 2014 /PRNewswire/ -- Mexco Energy Corporation (NYSE MKT:MXC) ("Mexco" or "the Company") today announced the acquisition of additional working interests in a joint venture. The Company's working interest in this development of seven horizontal wells in the Wolfcamp formation of Reagan County, Texas was increased from 0.57% (0.49% net revenue interest) to 1.4% (1.2% net revenue interest) increasing the estimated drilling costs from $350,000 to approximately...

2014-02-27 20:21:47

HOUSTON, Feb. 27, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2013. Calendar year 2013 highlights include: -- Record gas and oil production of 656.8 Bcfe, up 16% compared to 2012 levels; -- Record total proved reserves of approximately 7.0 Tcf, up 74% compared to 2012 levels; -- Record adjusted net income of $703.9 million, or $2.00 per...

2014-02-20 16:22:19

HOUSTON, Feb. 20, 2014 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported year-end proved reserves of 5.5 trillion cubic feet equivalent (Tcfe), an increase of 42 percent over year-end 2012. "This level represents a doubling of our proved reserves in just three years from a 100 percent organic drilling program, despite an active divestiture program that has seen 380 Bcfe removed during this time period," stated Dan O. Dinges, Chairman, President and Chief...

2014-02-04 08:23:05

DENVER, Feb. 4, 2014 /PRNewswire/ -- -- Proved reserves increased by 78% to 7.6 Tcfe and 3P reserves increased by 62% to 35.0 Tcfe at year-end 2013 -- Proved developed reserves increased by 117% to 2.0 Tcfe at year-end 2013 -- Replaced 1,857% of estimated production in 2013 -- Achieved all-in finding and development costs of $0.58 per proved Mcfe during 2013 -- Increased proved reserves pre-tax PV10 by 133% to $7.0 billion, including hedges...

2013-12-19 08:22:26

HOUSTON, Dec. 19, 2013 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported the execution of a definitive gas sale and purchase agreement with Pacific Summit Energy LLC, a wholly owned subsidiary of Sumitomo Corporation, under which Cabot has agreed to sell 350,000 MMBtu per day of natural gas from its Marcellus Shale position for a term of 20 years commencing on the in-service date of the Dominion Cove Point LNG liquefaction project currently scheduled for...


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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