Archive for May, 2009

Middle Bossier Shale Has First-Rate Potential, Says EnCana

Thursday, May 28th, 2009 Posted in Uncategorized | Comments Off

In a conference call devoted to its activities in the Haynesville shale and Deep Bossier plays in Louisiana and East Texas, Calgary-based EnCana Corp. also dropped a few nuggets about ... Read more..

New Fuel Rules Could Backfire

Wednesday, May 27th, 2009 Posted in Uncategorized | Comments Off

Under a plan announced last week, President Obama plans to cut fuel usage in vehicles. The plan sets a national fuel-efficiency standard starting in model year 2012. That number would ... Read more..

Rattie: Haynesville May Be One Of The Biggest Natural Gas Fields In The World

Tuesday, May 26th, 2009 Posted in Uncategorized | Comments Off

The Haynesville shale may be the biggest natural gas play in the U.S. today. “Some think it may be one of the biggest gas fields in the world,” says Questar ... Read more..

Horizontal Wells Enjoy Economic Returns In Marcellus Shale

Friday, May 15th, 2009 Posted in Uncategorized | Comments Off

Hart recently held a Marcellus shale webinar, featuring three speakers. I thought the entire broadcast was intriguing, but I wanted to share one nugget in particular. Randy Wright, president of Wright ... Read more..

Fluctuation In Oil Prices Is Older Than The Civil War

Thursday, May 14th, 2009 Posted in Uncategorized | Comments Off

Remember last summer when oil prices reached a high of $146/barrel? As a result, on June 24, 2008, gas prices hit a record high average per gallon, at $4.591. A ... Read more..

Why Are Gen-Y O&G Workers So Darn Happy?

Monday, May 11th, 2009 Posted in Uncategorized | Comments Off

Survey results released today by Deloitte show that Generation-Y (born 1982-1995) oil-and-gas workers seem to be happier, more confident in their job stability, and less money-hungry than their peers in ... Read more..

American Manufacturers Rely Heavily On Natural Gas

Friday, May 8th, 2009 Posted in Uncategorized | Comments Off

Natural gas prices are terrible, due to waxing supply and waning demand. The U.S. Energy Information Administration just released its first energy consumption estimates from a 2006 survey of manufacturers, ... Read more..

Who Put Out The Fire? Banks Soften On Killer Borrowing-Base Redeterminations For E&Ps

Monday, May 4th, 2009 Posted in Uncategorized | Comments Off

The highly dreaded season of semi-annual bank borrowing-base redeterminations has come and mostly gone with relatively few E&Ps getting the anticipated death knell. Many feared credit limits would be reset ... Read more..