Chesapeake has 4Q gains

Chesapeake posts 4Q earning more than double

ConocoPhillips 4Q profits

Higher oil prices help ConocoPhillips boost 4Q profits despite production declines

Chesapeake Energy - Investor relations

Chesapeake Energy, Netflix, RIM are big movers

Devon Energy Revenues surge.

Price hikes boost Devon numbers

Oil and Gas by the Numbers 09/16/2011

Well as the unemployment rate continues to climb on the US average, the oil and gas industry seems to be moving steadily up. The price of oil has been bouncing around the $88. mark. The US rig count and new permits are up, however the price of gasoline is down slightly as might be expected after Labor Day.

Rig Count

09/16/2011

USA: 1985 (+27)

TX: 895 (+11)

LA: 156 (+6)

OK: 199

ND: 184 (+2)

PA: 113

NM: 84

CO: 75

WY: 51 (+1)

CA: 53 (+5)

UT: 26 (+3)

AK: 8 (+1)

WV: 25 (+4)

MT: 5

For the rig count in other states: Baker Hughes weekly rig Count

New Applications to Drill

09/09/2011 through 09/15/2011



TX: 345

ND: 43

MT: 6

WY: 56

Gasoline Prices

09/16/2011



US Average: $3.619/gallon

US Low: SC $3.326/gallon

US High: HI $4.179/gallon

Sandridge Energy Posts new Presentation

SandRidge Energy has posted its presentation from the Barclay conference.  The presentation can be opened from the following link: SandRidge Energy Presentation from Barclay Conference

Baker Hughes buys stake in tech firm

Baker Hughes buys stake in tech firm - Upstream Online

Chesapeake Posts September Presentation

Any one interested in what one of the largest US shale exploration companies is planning for the future should check this link out. Chesapeake has activity in so many areas that it is almost mind boggling to keep track of there presence.

Chesapeake Energy September Presentation

Clayton Williams Energy revises its Plan for Capital Spending in 2011

Clayton Williams adjusts its goals and spending plan for the remainder of 2011.
http://www.b2i.us/profiles/investor/NewsPDF.asp?b=844&ID=47004&m=rl

SandRidge Post a Presentation for Investors

The presentation can be found at the following link:
SandRidge Investor Presentation

Quaterly reports Q2 2011 - Links

Baytex Energy Corp Q2 2011
Chesapeake Midstream Partners Q2 2011

Sandridge Energy Q2 2011

Oneok Q2 2011

El Paso Q2 2011

Whiting Petroleum Corp Q2 2011

EV Energy Partners show Loss in 1Q

EV Energy Partners

Linn Energy to Acquire assets in Texas Panhandle

Linn Energy enters an agreement with Panther Energy and Red Willow Mid Continent, LLC to acquire 40% of their oil and natural gas properties.
Linn Energy

ONEOK announced plans too build new Natural Gas pipelines

ONEOK could invest up to $1.2 billion to construct new infrastructure for natural gas liquids between Mid-Continent and Gulf Coast markets.
ONEOK Announcement

ONEOK to Present at the AGA Financial Forum

ONEOK, Inc will present at the American Gas Association Financial Forum on Monday, May 16, 2011 in Orlando,  FL. (11:15 am EDT) 

Further information at www.oneok.com

UPDATE- Delek US Holdings announced completion of purchase of Lion Oil

Delek US Holdings announced April 29, 2011 that is had completed the purchase of a 53.7% majority equity interest in Lion Oil Company, giving Delek a total interest of 88.3%.  More information on the sale will be provided on the conference call and web cast May 5, 2011 at 11:00 am CT on www.DelekUS.com .

Southwestern Energy better then expected in Fayetteville Shale

Southwestern Energy's Fayetteville Shale pulls Q1 earnings up for the rest of the production areas. The shale play in north-central Arkansas, was stronger then expected and prompted SWN to increase capital investments for 2011.  This increase will result in 30 additional wells drilled in the Fayetteville Shale. 

SWN conference call transcripts for 2011 Q1

Chesapeake Energy Moves forward on Bronco Drilling Acquisition

Details for the aquisition of the drilling company can be found at:  Chesapeake Energy to Aquire Bronco Drilling Company

Crude prices boost Shell income

Crude prices boost Shell income - Upstream Online

Patterson pumps up profits

Patterson pumps up profits - Upstream Online