Oil Shale News

PetroQuest Energy to Sale Eagle Ford Assets
United States >> 9/30/2014 - PetroQuest Energy, Inc. announced that in September 2014, the Company completed the sale of its Eagle Ford assets for net proceeds of approximately $9.7 million. The Company estimates that operating ...
Lonestar Reports Positive Eastern Eagle Ford Shale Results
United States >> 9/30/2014 - Lonestar Resources, Ltd. is pleased to provide an update on the Company's initial successes in its drilling and completion activities in the Eastern Eagle Ford Shale play, including initial production...
Goodrich Provides Tuscaloosa Marine Shale Update
United States >> 9/29/2014 - Goodrich Petroleum Corporation announced a Tuscaloosa Marine Shale ("TMS") operational update. ...
Tallgrass to Expand Crude Oil Pipeline System
United States >> 9/25/2014 - Tallgrass Pony Express Pipeline, LLC is pursuing a potential expansion of its crude oil pipeline system to transport growing production in areas around its existing system receipt points. These areas...
Magnum Provides Production Results on Stewart Winland Utica Well
United States >> 9/24/2014 - Magnum Hunter Resources Corporation's 100% owned Stewart Winland 1300U well located in Tyler County, West Virginia was placed on production last weekend. The Company's first Utica Shale well drilled a...
SM Energy Closed the Acquisition of North Dakota Assets
United States >> 9/24/2014 - SM Energy Company has completed its announced acquisition of North Dakota Gooseneck assets from Baytex Energy USA. The cash paid at closing was approximately $325 million as a result of normal closing...
Atlas to Enter Eagle Ford Shale Through Acquisition of Oil Rich Production
United States >> 9/24/2014 - Atlas Resource Partners, L.P. has entered into a definitive agreement to acquire oil assets in the Eagle Ford Shale in south Texas for $225 million. The assets consist of 22 producing wells and 19 und...
Cabot Acquired Eagle Ford Shale Acres
United States >> 9/24/2014 - Cabot Oil & Gas Corporation 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 ...
American Eagle Energy Provides Operations Update
United States >> 9/24/2014 - American Eagle Energy Corporation, announces an operations update and production guidance for the Company's operated well development in its Spyglass Project area in northwestern Divide County, North ...
Magellan Launches Open Season for Proposed Niobrara Crude Oil Pipeline
United States >> 9/23/2014 - Magellan Midstream Partners, L.P. has launched an open season to assess customer interest to transport various grades of crude oil from the Niobrara shale to the partnership’s storage facilities in Cu...
MarkWest & Ohio Gathering Provide Definitive Agreements with American Energy
United States >> 9/22/2014 - MarkWest Utica EMG, L.L.C., a joint venture between MarkWest Energy Partners, L.P. and The Energy & Minerals Group, and Ohio Gathering Company, L.L.C., a joint venture between MarkWest Utica EMG and S...
ONEOK to Invest $480 to $680 M to Construct Natural Gas Processing Facilities
United States >> 9/22/2014 - ONEOK Partners, L.P. announced plans to invest approximately $480 million to $680 million between now and the end of the third quarter 2016 to: ...
LINN Provides Permian - California Trade With Exxon
United States >> 9/18/2014 - LINN Energy, LLC has signed a definitive agreement to trade a portion of its Permian Basin properties to Exxon Mobil Corporation (NYSE:XOM) ("ExxonMobil") for operating interests in California's South...
Trafigura Completes Sale of Majority Stake in South Texas assets
United States >> 9/16/2014 - Trafigura AG, a leader in international commodities trading and logistics, has successfully completed the sale of 80 percent of its membership interests in Trafigura Terminals LLC, the entity which ho...
Quantum & Bilfinger to Develop Multiple Refineries in Bakken Formation
United States >> 9/15/2014 - Quantum Energy, Inc. has entered into a Strategic Alliance with Bilfinger Westcon Inc. (Bismarck, ND), a wholly owned subsidiary of Bilfinger SE (Mannheim, Germany) for the development of a series of...
Rimrock and NGL Provide Grand Mesa Pipeline Open Season Starting
United States >> 9/12/2014 - Rimrock Midstream, LLC and NGL Energy Partners LP are pleased to announce a binding open season starting next Monday, September 15th at 8:00am Central Standard Time for their joint venture Grand Mesa ...
U.S. Shale Squeezing Out Saudi Oil Imports
Saudi Arabia >> 9/11/2014 - North America's shale oil boom has started to squeeze Saudi Arabian oil out of the U.S. market in the same way it did with West African crude, the West's energy agency said. ...
Statoil, GE and Ferus Expanding Flare Gas Solution in Bakken
United States >> 9/10/2014 - A joint venture of GE and Ferus Natural Gas Fuels, along with Statoil, a leader in the oil and gas exploration and production industry, today announced the planned expansion of a pilot project to capt...
U.S. Silica to Add Two New Oil and Gas Capacity Expansions
United States >> 9/9/2014 - U.S. Silica Holdings, Inc. plans to add approximately 3.8 million tons of new capacity in response to the surging demand for northern white frac sand. ...
Armada Provides Drilling Results in Hanna Basin
United States >> 9/8/2014 - Armada Oil, Inc. has successfully completed the drilling to contract depth of the Bear Creek #1 well Carbon County, Wyoming. The well was drilled to a total vertical depth (TVD of 8,921 feet, which i...

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