Oil Shale News

New Standard Successfully Drills Second Well in Eagle Ford Shale
United States >> 3/24/2014 - New Standard Energy Limited reached target depth at its second well in the Eagle Ford shale (EFS), the Peeler Ranch-6H well, last Friday, with casing being run over the weekend.

The drilli...
ZaZa Closes Its Third Transaction with Its JV Partner in East Texas
United States >> 3/20/2014 - ZaZa Energy Corporation has closed the announced third transaction with its joint venture partner to further develop its Eaglebine/Lower Cretaceous assets in the Eagle Ford East (the “Phase III Amendm...
Gazprom Neft to Start Fourth Shale Oil Exploration Project
Gazprom Neft to Start Fourth Shale Oil Exploration Project Russia >> 3/18/2014 - Gazpromneft-Khantos, a subsidiary of JSC Gazprom Neft, has been granted a licence to carry out geological exploration of the deep oil-saturated prospective horizons in the Achimovskaya and Bazhenovska...
Major Oil Shale Projects to be Discussed at JIOSS 2014
Jordan >> 3/17/2014 - Oil Shale Investment projects are growing worldwide as more companies and countries with large reserves are increasing their investments and resources in exploration activities. ...
Hiland Announces Open Season to Expand Crude Transport Capacity
United States >> 3/17/2014 - Hiland Crude, LLC announced the launch of an open season to solicit shipper interest for crude oil transportation service involving an expansion of Hiland’s Double H Pipeline, a new 488 mile pipeline ...
Enable Agrees with XTO to Gather Bakken Oil Production
United States >> 3/17/2014 - Enable Midstream Partners, LP has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corporation, to gather XTO’s crude oil production through a new system that will ...
Aresco Divests Nine East Texas Eagle Ford Shale wells
United States >> 3/17/2014 - Aresco LP, a privately held Dallas-based exploration and production company, announced the sale of nine B&R Energy well assets to Halcon Resources Corporation. The nine-well package, located in Brazos...
Clayton Sales its Austin & Eagle Shale Wells & Acreage for $71 Million
United States >> 3/14/2014 - Clayton Williams Energy, Inc. had closed the sale of selected wells and leases in Wilson, Brazos, La Salle, Frio and Robertson Counties, Texas for $71 million, subject to customary closing adjustments...
Magnum Hunter Resources Provides Operational Update on Its Marcellus and Utica Shale Plays
United States >> 3/14/2014 - Magnum Hunter Resources Corporation announced certain updates on its drilling and completion activities in the Marcellus and Utica Shale Plays. ...
Rock Receives $250 Million from Riverstone to Acquire US Shale Assets
United States >> 3/13/2014 - Rock Oil Holdings LLC announced an equity commitment of up to $250 million from funds managed by energy private equity firm Riverstone Holdings LLC ("Riverstone") and additional amounts from the Compa...
ZaZa to Develop its East Texas Assets
United States >> 3/12/2014 - ZaZa Energy Corporation has signed an amendment to its Joint Exploration and Development Agreement (the “Agreement”) with its current joint venture partner, one of the largest independent crude oil an...
Emerald Provides Operational Results
United States >> 3/12/2014 - McAndrew Rudisill, Emerald's Chief Executive Officer, stated, "2013 was a transformational year for Emerald. We successfully drilled and completed multiple Middle Bakken and Three Forks wells, tripled...
Abraxas Provides Operational Update
United States >> 3/12/2014 - Abraxas Petroleum Corporation is pleased to provide the following operational, divestiture and guidance update. ...
Pacific Acquires 14,000 Net Acres in the Niobrara Shale Formation
United States >> 3/10/2014 - Pacific Energy Development, an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S. and Asia, announced the following:

- The closin...
Devon & Crosstex Complete Transaction to Create EnLink Midstream
United States >> 3/7/2014 - Devon Energy Corporation, EnLink Midstream, LLC and EnLink Midstream Partners, LP announced the completion of the previously announced transaction to combine substantially all of Devon’s U.S. midstrea...
Energy Announces Open Season for Bakken/Three Forks Transportation Service to Multiple Markets
United States >> 3/7/2014 - Energy Transfer Partners, L.P. announced the launch of a binding open season to assess interest in committed service under local and joint tariffs for crude oil pipeline transportation from multiple p...
Southcross Energy Acquires South Texas Pipelines
United States >> 3/7/2014 - Southcross Energy Partners, L.P. has acquired natural gas pipelines near Corpus Christi, Texas along with contracts related to those pipelines. The purchase price is approximately $40 million in cash ...
Magnolia Executed Tolling Agreement with for Magnolia LNG Project
United States >> 3/6/2014 - Magnolia LNG, LLC is pleased to advise it has executed a non-binding Tolling Agreement Term Sheet (Agreement), with AES Latin American Development, Ltd (AES) which is a wholly owned subsidiary of The...
Quicksilver Sales its Sand Wash Basin Assets to Southwestern Energy
United States >> 3/5/2014 - Quicksilver Resources Inc. announces its execution of a purchase and sale agreement along with SWEPI LP, to sell to Southwestern Energy Production Company all of their jointly owned holdings in the Sa...
W&T Offshore Provided Update on Wolfcamp B Well
United States >> 3/4/2014 - W&T Offshore, Inc. provided an update on the company's first operated Wolfcamp B well at its Yellow Rose field in the Permian Basin of West Texas. The Chablis 9H has reached a 24 hour peak initial pr...

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