Texas


All posts for Texas

Tight Oil Money Return on Investment Eagle Ford Shale Case History

The Eagle Ford Shale Play - San Antonio Located in South Texas between San Antonio and Corpus Christi. Horizontal drilling and hydraulic fracturing began in 2008. Approximately 17,000 producing wells. February production was 935,000 bo/d, down from 1,324,000 in December 2014. 71 ...

Art Berman - The Petroleum Truth Report


Posted 1 year agoOpinion > Art BermanShaleEagle Ford Shale +9

Matra Petroleum Agrees to Acquire Producing Oil and Gas Reserves and Secure Financing for 2018 Drilling Program

Matra Petroleum AB ("Matra") and entities controlled by Melody Capital Partners, LP ("Melody") have signed a non-binding term sheet under which Matra will acquire 22 oil and gas leases in the Texas Panhandle region, adding proved reserves of approx. 4.0 million barrels of oil equivalent. Current ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Matra PetroleumUnited StatesUS +7

Permian Basin - Major Savings anticipated from changing frac sand supply chain

Dramatic Changes To the Supply of Frac Sand Will Lead to Huge Well Savings in the Permian Basin Energent , part of Westwood Global Energy Group , predicts a seismic shift in the supply of frac sand to the Permian Basin, Texas, this year. Its new report says that operators will tur ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Permian Basinfrac sandwestwood global energy group +3

Lonestar Announces 82% Increase in Proved Reserves

Lonestar Resources US Inc. (NASDAQ: LONE) announced that its proved reserves at December 31, 2017 increased 82% to 73.6 million barrels of oil equivalent (“MMBOE”) calculated using SEC guidelines. All of the Company's proved reserves are located in the Eagle Ford Shale. Lonestar's proved reserv ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Lonestar ResourcesReservesNasdaq +2

Mayan Energy: 300-500 bopd Production Target in Sight After Third Well Comes On Line in Texas

Operations Update – Initial Flow Rate for Gilbreath #15 Mayan (AIM: MYN), the AIM listed oil and gas company, is delighted to announce that the Gilbreath #15 well at Forest Hill Field, Wood County, Texas (“Forest Hill”) was added to production with 51 barrels of crude oil produced in the first 2 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Mayan EnergyTexasUnited States +3

Mayan Energy on Course to Hit 300-500bopd Production Target as Two New Wells in Texas Commence Production

Initiation of Production at Two US Onshore Wells Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to announce the initiation of production at the Gilbreath #19 well at Forest Hill Field, Wood County, Texas (“Forest Hill”) and the Morris #1 well at Stockdale Field, Wilson County, ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Mayan EnergyProductionTexas +6

Mayan Energy: 300-500 Barrel Daily Production Target in Sight as Roll-Out of Multi-Well Programme in Texas Gathers Pace

Operations Update – Completes Second of Eight Well Workover Programme at Forest Hill Field Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to announce the successful completion of the workover of the Amason#1 Well at the Forest Hill Field, Wood County, Texas (“Forest Hill”).  Am ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Mayan EnergyTexasUnited States +5

Dr. Daniel Fine: NAFTA, natural gas and the San Juan Basin

The North American Free Trade Agreement is now in a final stage with the U.S. team looking over the “energy chapter,” which has been approved by Canada and Mexico. The Administration's position, with a revisionist-protectionist core, offers President Trump a withdrawal-from-NAFTA option, at least a ...

Will Fine


Posted 1 year agoOpinion > NAFTACanadaMexico +30

Dr. Daniel Fine: Oil and Gas: A Look at What 2018 May Bring

Trump leads mass deregulation effort; comeback seen for San Juan Basin by Dr. Daniel Fine The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas. This shou ...

Will Fine


Posted 1 year agoOpinion > Donald TrumpPresident TrumpTrump +68

Mayan Energy Announces Additional Progress in its Texan Development Programmes

Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to announce additional progress in its development program at the Kelly Lynne (Anacacho) Field at Stockdale, Wilson County, Texas in which the Company has a 60.0% working interest (WI) and 45.0% net revenue interest (NRI) and Forest H ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Mayan EnergyAIMTexas +1

Micro-Cap Oil & Gas Explorer's First Permian Basin Well Flowing 465 Barrels/Day

Exploration is just beginning for this oil and gas E&P with large tracts of prime land in the Permian Basin in Texas. Torchlight's Hazel Project, Midland Basin, Texas Torchlight Energy Resources Inc. (TRCH:NASDAQ) , an oil and gas exploration and production (E&P) company with rights to pro ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Permian BasinTexasUnited States +3

Carrizo Oil & Gas Announces the Divestiture of a Portion of Its Eagle Ford Acreage

Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) has announced that it has entered into an agreement to divest a portion of its assets in the Eagle Ford Shale for $245 million in cash, subject to adjustment and customary closing terms and conditions. The divested assets include approximately 24,500 net acr ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Eagle FordDivestmentNasdaq +4

TouchstoneEnergy's Chosen Asset Management Solution for Oil and Gas the Leader in Gartner's Magic Quadrant

Infor EAM named a leader in Gartner's Magic Quadrant for Enterprise Asset Management TouchstoneEnergy are proud to share that their chosen enterprise asset management solution for the energy sector, Infor EAM, has been named a leader in Gartner's Magic Quadrant for Enterprise Asset Management. ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoPress > Asset Managementasset optimizationAsset Manager +7

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 1 year agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

Wind Turbine Heights and Capacities Have Increased Over the Past Decade

Source: U.S. Energy Information Administration, Annual Electric Generator Report , Form EIA-860 Wind turbines in the United States have grown in both average height and capacity over the past decade, according to data on utility-scale electricity generators collected by EIA. Wind turbine ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > USUnited StatesEIA +5