Target starts Buffalo fraccing in South Texas

Target starts Buffalo fraccing - Upstream Online

BP appeals for lower Alaska taxes

BP appeals for lower Alaska taxes - Upstream Online

Texon cheers Eagle Ford flows

Teal Ranch EFS-1H update
Texon cheers Eagle Ford flows - Upstream Online

Chesapeake edges its way into the Bakken from the side

Chesapeake Energy is a major player in the horizontal drilling of shale plays in almost all US plays, except the Bakken.  That might be starting to change with this latest development between Bronco Drilling and Chesapeake. With a price tag of $315 million, a deal has been made between the two companies.  Bronco Drilling currently owns 22 rigs, these rigs are mostly in the Bakken and the Anadarko basin.  Chesapeake may not own mineral acreage in the Bakken but one can bet that their involvement through the drilling services will be noticed in Bakken.

Chesapeake catches Bronco - Upstream Online

UPDATE: Chesapeake shows further involvement in the North Dakota.
Link is from Million Dollay Way. Chesapeake drilling in Hettinger County, ND

Oil and Gas by the Numbers 04/15/2011

Good Afternoon.  It looks like oil prices are rebounding slightly today.  At noon the price was $109.92/barrel for WTI. 

Rig Count

updated 04/15/11

United States Total:  1772 (down 10 this week)
TX:  779
LA:  171
OK:  170
ND:  160
PA:  102
NM:  74
CO:  72
WY:  40
CA:  41
WV:  14
MT:  11
AK:  6

Permits Issued for Drilling

04/08/11 thru 04/14/11

TX:  608
ND:  25
MT:  5 new, 5 reissued
CA: 112 last report on 04/02/11
WY: 49

Gasoline Prices

04/15/11

National Average:  $3.794/gal
US Low:  WY $3.504/gal
US High:  HI $4.508/gal

Chesapeake Midstream Partners Announces 1Q Results Conference Call

2011 1Q conference call details

Development in Colorado, Utah, and Wyoming under the microscope again.

Obama's administration is making plans to have the BLM review, yet again, the environmental impact of development of shale play resources in Colorado, Utah, and Wyoming.

BLM review of oil shale development

LNG Energy sells Oklahoma leases

LNG Energy sells Oklahoma leases - Upstream Online

El Paso to develop Eagle Ford assets alone

El Paso's assets continue to exceed expectations, which has prompted them to develop them on their own.  This information comes from El Paso at a time when there had been alot of joint ventures amongst other exploration/production companies with assets in the Eagle Ford.


El Paso News

Brigham Exploration Announces Record Numbers

Brigham Exploration has made large gains in their drilling and exploration in the Bakken field.  Brigham has successfully completed 56 consecutive long lateral high frac stage wells.  The average early 24 hr peak flow back rate is approximately 2884 barrels of oil equivalent. With record wells in North Dakota and Montana Brigham Exploration will be a company to keep an eye on.

Brigham Exploration Table of Operational Updates

Eagle Rock swoops up Crow Creek Energy

Eagle Rock swoops up Crow Creek - Upstream Online

Alta forms $1bn JV with Blackstone

This article is kind of limited in its information, but one has to imagine that some of the new leases and drilling that they propose would be in the US shale plays. Alta Energy Partners will definitely be one to watch in the future.
Alta forms $1bn JV with Blackstone - Upstream Online

Oil rises above $121 after a two day decline

For the latest politics behind the current oil prices please click the link below.
Oil rises above $121 - Upstream Online

SM strikes Eagle Ford transport deal

Eagle Ford Oil gets another mode of transportation.  There appears to be a lot of pipeline/transportation deals in the works lately.  See the link below for the deal SM has with ETC Texas Pipeline.
SM strikes Eagle Ford transport deal - Upstream Online

Anadarko signs deals to move Eagle Ford Oil

Flint Hill Resources will begin receiving Eagle Ford oil and condensate from Anadarko Petroleum.  Flint Hills Resources and Harvest Pipeline also announced that they have projects in the work to improve capicity and availability to move Eagle Ford oil to Corpus Christi, TX.  For all the details please see the link below.

Anadarko moving Eagle Ford Oil

Samson Oil and Gas Advise on Earl #1-13H Well

Fracture stimulation operations have been completed on the Earl #1-13 H, with all 20 stages pumped.  The stimulation placed 2.1 million pounds of proppant.  The flow back equipment will be moved from the Rodney well and operations will commence in 24 hours.

Delek US Holdings, Inc Announces their 1st Q conference

Delek US Holdings will hold their 1st Q conference call beginning at 11:00 am CT on Thursday, May 5, 2011. A live broadcast of the call will be available online at www.DelekUS.com.

Frac Focus Chemical Registry

With all the controversy in the oil and gas industry over fracture stimulation, I decided to post this website so anyone interested can go see more about the process and just what they use to do the procedure.

Fracture stimulation chemical listings

Bakken flooding

The aftermath of near record snow in the Bakken region.

SandRidge Energy IPAA OGIS Presentation Posted

SandRidge IPAA OGIS