tag:blogger.com,1999:blog-54192454188699445612024-02-08T09:55:09.432-08:00MyShale.com<center>Broadcasting local reports from America's shale energy communities.</center>MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.comBlogger45125tag:blogger.com,1999:blog-5419245418869944561.post-18293514097109003822010-10-16T07:16:00.001-07:002010-10-16T07:16:41.411-07:00McClendon says no more major shale discoveries in the USAubrey McClendon, chairman, CEO, and founder of Chesapeake Energy, one of the first oil and gas producers to develop shale gas properties in the United States, says the “discovery bonanza” in the US is over and that investors shouldn’t expect major new shale discoveries.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-19083963275281848352010-10-10T19:53:00.000-07:002010-10-10T19:53:32.613-07:00Chinese buy third of Chesapeake South Texas fieldOKLAHOMA CITY (AP) -- China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South Texas oil and gas field.
CNOOK (SEE'-nook) Ltd. and Oklahoma City-based Chesapeake announced the deal worth up to $2.16 billion Sunday in the Eagle Ford Shale project between Laredo and San Antonio. A joint statement says CNOOC will pay MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-2217655516723229662010-10-10T11:29:00.000-07:002010-10-10T11:29:21.469-07:00Talisman, Statoil to Buy, Operate Texas Oil ShaleTalisman Energy Inc., the Canadian oil and natural gas explorer, and Statoil ASA, Norway’s largest oil and gas company, said they agreed to pay $1.33 billion for oil shale properties in the Eagle Ford formation in South Texas and form a joint venture to develop the fields.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-43703345910350384472010-10-05T18:57:00.000-07:002010-10-05T18:57:19.361-07:00Cabot Oil Reports New Financing, Strong Output From New WellsCabot Oil & Gas Corp. (COG) began production from a second well in the Eagle Ford shale in Texas while two other wells in the Marcellus Shale in Pennsylvania continue to see improved outpMyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-47641418797584520782010-10-02T20:22:00.000-07:002010-10-02T20:22:11.846-07:00Texas woman sues Chesapeake, seeking royaltiesThe suit said Chesapeake Operating Inc. should base royalties on the full market value of natural gas. But it said that instead, it bases them on a "fictitious" price that it gets from Chesapeake Energy - a price far below the one Chesapeake Energy gets from real customers.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-58969305962868133442010-09-28T21:28:00.000-07:002010-09-28T21:28:45.178-07:00Is Asia Ready for a Shale Gas Revolution?The oil and gas industry has its own version of The Amazing Race, and it involves scouring the globe for analogues to North America's great oil and gas shale plays, like the Bakken and the Barnett. All sorts of Asian energy players have struck joint ventures with independents like Chesapeake Energy and Encana, in part to gain knowledge that can be applied in their own backyard. It's very early MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-74534932215607436972010-09-28T21:26:00.000-07:002010-09-28T21:26:14.649-07:00Enerplus acquires acreage in Bakken, Marcellus shale playsEnerplus Resources Fund, Calgary, said it bought several Bakken and Marcellus assets and sold its Kirby oil sands lease.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-19725264602786527722010-09-25T07:16:00.000-07:002010-09-25T07:16:32.053-07:00ExxonMobile's Purchse of XTO is a "Game-Changing" momentThe thought of a corporate behemoth settling in Arkansas with the size, breadth and market-moving influence of Wal-Mart would undoubtedly be big news.
Yet unbeknownst to most, oil giant ExxonMobil has quietly acquired huge stakes in Arkansas's Arkoma and Fayetteville Shale plays when it purchased Fort Worth-based XTO Energy in late June in an all-stock deal worth $30 billion.
And many Wall MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-47743414418131036522010-09-22T20:00:00.000-07:002010-09-22T20:00:30.629-07:00Shale Developments Boon to Pipeline Companieshe Oil & Gas Pipeline Industry remains one of the strongest competitors in the energy sector, as the number of major pipeline construction projects, upgrades and expansions continues to increase. The growing number of projects is primarily due to the intense development and drilling activities in the shale play producing areas, which have accounted for up to 33% of major construction activities MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-91602603279117867642010-09-20T19:52:00.000-07:002010-09-20T19:52:59.472-07:00Inflection Energy Offers up to $2,750 an Acre with 20% Royalty Payments in Broome County, NYBINGHAMTON -- Broome County officials are set to announce today a new $7.8 million offer for the mineral rights to about 3,200 acres of county-owned land for natural gas extraction.
The offer is from Denver-based Inflection Energy LLC, the same company that made a July offer to the county that was ultimately rebuffed.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-46254744150128729502010-09-16T18:55:00.000-07:002010-09-16T18:55:51.469-07:00India's Reliance Industries to Partner With Chesapeake EnergyReliance Industries Ltd (RIL) is in advanced talks to buy a stake in Chesapeake Energy Corp.’s Eagle Ford shale gas field in Texas, two people familiar with the development said.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-78217122474903804172010-09-14T09:13:00.000-07:002010-09-14T09:13:08.570-07:00Obscure Regulator Hits Brakes on Northeast Shale Drilling RushDelaware River Basin Commission (DRBC) has imposed a moratorium on Marcellus drilling in Pennsylvania's Wayne and Pike counties.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-76979680036650248692010-09-07T19:33:00.000-07:002010-09-07T19:33:01.362-07:00Utica Shale Gains GroundThe Utica Shale saw some development by the oil and gas industry during the second quarter of 2010, as many exploration and production companies attempt to gain first mover status in various shale plays in North America.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-15494240109579318872010-09-06T14:48:00.000-07:002010-09-06T14:48:04.813-07:00Effect of Pugh Clauses on Drilling Activity"Consider these comments from Aubrey McClendon, CEO of Chesapeake Energy (NYSE: CHK) at Bentek Energy LLC’s Benposium earlier this summer: 'If I had my druthers we’d be running no more than a couple [rigs]…You’d be surprised how much drilling is not voluntary today.' "MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-22176810282290202252010-09-02T19:50:00.000-07:002010-09-02T19:50:02.889-07:00Sumitomo to Pay Rex Energy $140 Million for U.S. Shale Gas Venture StakeSumitomo Corp., Japan’s third- largest trading company, agreed to pay Rex Energy Corp. about $140 million for a 30 percent stake in a gas venture in the Marcellus Shale region in the U.S.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-48224771152301558622010-08-31T18:39:00.000-07:002010-08-31T18:39:57.262-07:00“Marcellus Maginot Line”MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-36006060460689563922010-08-29T20:03:00.000-07:002010-08-29T20:03:43.954-07:00Shale Formations Feed the Future of Energy"While natural gas leasing activity in the East Texas and Northwest Louisiana region is not at the fever pitch it was a couple of years ago when the potential of the Haynesville Shale first came to light, energy production remains a big driver of the area's economy - and should be for years to come, officials said"MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-29290599028500579762010-08-28T19:34:00.000-07:002010-08-28T19:34:01.866-07:00Severance Tax on Marcellus Shale Play DebatedPennsylvania Governor Ed Rendell is proposing a 5% severance tax on natural gas drilling companies.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-3260019298640365122010-08-28T19:32:00.000-07:002010-08-28T19:32:23.596-07:00U.S. - India Shale Gas Initiatives to AdvanceThe Obama administration on Tuesday confirmed that a major bilateral initiative for shale gas exploration in India was set to make important advances over the coming months.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-41650595646748090662010-08-27T19:24:00.001-07:002010-08-27T19:24:17.963-07:00New US Oil Rush Could Rock OPECMyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-25978538943536072602010-08-27T19:19:00.001-07:002010-08-27T19:19:46.174-07:00Chief to Begin Drilling Within Dallas City LimitsMyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-92202838251105866512010-08-27T19:04:00.000-07:002010-08-27T19:10:51.640-07:00Majority of Marcellus Well Operators Fail to Meet Production Reporting DeadlineAlthough most of the large and established companies have complied with the law.MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-87466312024885260922010-08-26T17:35:00.000-07:002010-08-26T17:35:01.738-07:00Shale Plays Relationship to Nat Gas PricesMyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-52075131245094798722010-08-24T18:56:00.000-07:002010-08-24T18:59:52.594-07:00Summary of Unconventional Shale Plays in North AmericaMyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0tag:blogger.com,1999:blog-5419245418869944561.post-26333722467405845802010-08-23T16:49:00.000-07:002010-08-23T16:49:00.595-07:00Dual Zone Potential in Marcellus?MyShale.comhttp://www.blogger.com/profile/07572574355977253516noreply@blogger.com0