Oil and Gas by the Numbers 09/09/11

As the stock markets start to slide today we can see a change in the commodities. Oil is at $87.29 /barrel currently, and slowly climbing. While I have yet to read through the speech from the president I have heard the buzz all over town, everyone wants to know how it will affect the current oil shale boom.  Obama's plan is now on my things to read list.  At any rate the industry has pulled up the reins just a little ahead of this news. The US rig count has dropped as well as the new applications to drill.  One might look at the holiday impact for numbers dropping over the last week also, the recent weather systems have impacted the crude stockpiles, giving the market room for a rise in the price of oil.

Rig Count

09/09/2011

USA:   1958  (-10)

TX:       884 (-14)
LA:       150 (-2)
OK:       203 (+8)
ND:       182 (+2)
PA:       113
NM:        85 (-1)
CO:        77 (+2)
WY:       50 (-1)
CA:        48
UT:        23 (-4)
AK:         8 (+1)
WV:       21 (+1)
MT:         5 (-1)

For the rig count in other states: Baker Hughes Rig Count by State

New Applications to Drill

09/02/2011 through 09/08/2011



TX: 251
ND:  24
MT: update not available
WY: 34 (4 new Niobrara)

Gasoline Prices

09/09/2011



US Average: $3.671/gallon
US Low: SC $3.408/gallon
US High: HI $4.158/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

Clayton Williams posts investor presentation

Clayton Williams September investor presentation

GMX eyes more Bakken-Three Forks wells

GMX eyes more Bakken-Three Forks wells - Upstream Online

More Hiring for Chesapeake

More Hiring for Chesapeake - News, Sports, Jobs - The Intelligencer / Wheeling News-Register

One should also note that Nomac is hiring in the Williston Basin as well.

Halliburton adds chemicals unit

Halliburton adds chemicals unit - Upstream Online

Who's who is the US Natural Gas producers

If your looking for a quick bit of information about the major players in the US natural gas industry, this is the link for you.

Who are America's top 10 gas drillers?

Methane Investigation to Continue, Cabot Resumes drilling

Gas drilling resumes at Cabot site; methane investigation continues

Murphy Oil to exit Refinery business

Valero Energy to pick up the Murphy Oil asset.  At first glance it may appear there is a small movement in this direction as Sunoco also looks to let go of there refinery assets.

Murphy Oil selling refinery in Meraux to Valero Energy

Sunoco to sell refineries

Sunoco will focus on assets with a quicker turn around.

Sunoco to sell refineries - Business Wire - SunHerald.com

US and Mexico boundary oil reserves discussed

US, Mexico work toward oil agreement

Lucas shuffles assets with Nordic Oil

Lucas shuffles Texas and N. Mexico assets

Oil and gas by the Numbers 09/02/2011

Today at noon the oil market was sitting at $87.25/barrel on was a couple dollars higher then last week at this time. I do see that it is dropping since then though. This weeks rig count is also lower, Louisiana show a drop of 6 of the 7 in the USA rig drop.

Rig Count

updated 09/02/2011

USA: 1968
  TX:    898
  LA:    152
  OK:   195
  ND:   180
  PA:    113
  NM:    86
  CO:     75
  WY:    51
  CA:     48
   UT:     27
   AK:      7
  WV:    20
  MT:       6

For more states: Baker Hughes Rig Count

Applications Submitted to Drill

08/26/2011 through 09/02/2011

TX:  169

ND:   46

MT:   17

CA:   30

WY:  82



Gasoline Prices

09/02/2011

US Average:  $3.66/gal

US Low:  AZ $3.404/gal

US High:   HI $4.167/gal



For a printer friendly copy: Oil and Gas by the Numbers 09/02/2011

Baker Hughes buys stake in tech firm

Baker Hughes buys stake in tech firm - Upstream Online

Texon counts Eagle Ford flows

Texon counts Eagle Ford flows - Upstream Online

Cameron in $375m LeTourneau grab

Cameron in $375m LeTourneau grab - Upstream Online

Buccaneer spuds second Kenai well

Information on Alaska seems to be harder to find lately, but here is a little update on Buccaneer.

Buccaneer spuds second Kenai well - Upstream Online

Texas floats fracking chemical rules

Texas floats fracking chemical rules - 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

GMX Resources Reports completion of Three Forks Horizontal well

Quick snapshot of the activity in GMX Reources near future. (including Bakken, Three Forks, & Niobrara)  Find it interesting that they may be entertaining the sale of some Niobrara assets.  Check it out:
GMX Resources

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

The Impact of Oil in a small town

I really like the piece below.  Its one those that makes you stop and think, but only if you are paying attention. Western North Dakota is in the middle of a oil boom, that's no question, but how it is handling the impact is the part I like to watch.  Most people through out the US still haven't heard about what is going on here, and even when they do know about the Bakken I have heard several people comment in surprise in just how busy it is here when they see it for themselves.  It has become a sport for the original residents to learn to go about normal life and try to accommodate their new neighbors moving in, whether temporary or permanent.  It gives me a small smile to see the writer of the article counting plates, vehicle type, and navigating Wal-Marts long lines. I know that will be coffee conversation at the local cafe after I share it with my grandfather. That is however how rural ND discusses what is happening to its community and works to make a very chaotic time manageable and more efficient.

Sunday Night at Walmart - Million Dollar Way

From Farmer to Sand Miner - Oil and Gas changing the Midwest

Most of us don't think about the number of train cars full of frac sand that are rolling through the US at this very moment, but normally unaffected Midwest businesses are getting in on the US Shale boom.  What once was a commodity not worth digging up is now a huge business.
Frac sand becomes a profitable trade

Fayetteville producers to Recycle Frac water

Recycling water maybe a new answer to several issues that surround frac water use and treatment.

Arkansas Frac water gets a second life

Shell plans for new plant in Marcellus

Shell plans for a plant fed by Marcellus Gas

Samson Oil & Gas acquires Hawk Springs Acreage

Samson Oil & Gas grabs Hawk Springs lease from Univeristy of Wyoming

Oil and Gas by the Numbers 08/26/2011

I start by apologizing for such a long absence.  There are still parts of rural America that broadband is a long way from reaching. The telephone poles and pipelines are however continuing to cross more of once bare land as the domestic oil push continues.  The oil prices seem to be holding today at $85.33/barrel on the WTI, and natural gas currently sits at $3.92.  The next couple of months will be interesting to watch with our seasonal changes in the markets coming up and the government involvement in a lot of things oil and gas.  Some of you might also be interested to see a small flurry of activity in the permit department in MT this last week.

Rig Count

USA Total: 1975    +1 from last week
TX             896     +3
OK            195
ND            179     +3
LA             158
PA             113     +3
NM             88
CO              76
WY             51
CA              49
UT               27
WV             20
AK                7    +1
MT                6

Approved Permits

08/19/11 thru 08/25/11

TX      320

ND       66

MT       10 New, 5 reissued

CA        No update since 08/13/11

WY       55 (4 in the Niobrara formation)

Gasoline Prices

08/26/2011

US Average:  $3.604/gal

US Low: AZ  $3.329/gal

US High:  HI   $4.110/gal

For a printer friendly copy of the report above please go to: Oil and Gas by the Numbers 08/26/11

US report backs Canada pipeline Keystone XL

US report backs Canada pipeline - Upstream Online

Xtreme makes Texas find

Xtreme makes Texas find - Upstream Online

NJ puts yearlong freeze on fracking

Looking to its future is New Jersey practicing wishful thinking or being proactive?  Time, money, and resources are being thrown at a fracking debate in a state that has no known reserves. 

NJ puts yearlong freeze on fracking - Upstream Online

Encana plans Texas shale gas asset sale

US Economy and low natural gas prices affect the Calgary based Encana.
Encana plans Texas shale gas asset sale - Business - CBC News

Bakken producers getting on board with the Frac Focus Chemical Registry

Moving to rural North Dakota and going without Internet for two months has had some big challenges.  The first of course is my inability to update my blog and keep my readers feed.  The second biggest challenge I have faced is the lack of relevant information in hard copy to keep myself up to date on what is going on outside the region in the industry.
I have however found some small surprises in the my absence, for example the Frac Focus Chemical Registry has grown in that time.  After hitting the website today I am happy to find that North Dakota does have wells on the search database. A huge improvement from just a few short months ago. My quick count came up with seven producers in the region listing.  I did a little checking and it appears that Wyoming is at about the same pace on their participation.  Montana is still moving a little slower with only XTO Energy listing a single well, but since the focus has been less on Montana until recent months I think that will change as well.

For anyone interested in the website and if there is anything in your area, please check out:

Frac Focus Chemical Registry

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

Samson Oil & Gas update on the Defender

Samson Oil & Gas moves forward with its Niobrara prospects in Goshen County, Wyoming.
Defender US33 #2-29 H Update 8-18-11

ONEOK and ONEOK Partners to Participate in Tuohy Brothers Natural Gas Infrastructure

Oneok Partners to Participate in Tuohy Brothers Natural Gas

Chesapeake Gets Ok for Drilling and Spacing

Chesapeake Spacing in CO

Oil and Gas by the Numbers 6/24/11

Oil keeps dropping, last time I looked it was sitting at $90.97/barrel.

Rig count is currently at 1882 in the US.

New Permits to Drill for the week of 6/17/11
ND: 30
MT: 11
TX: 333

Gasoline Prices
6/24/11
National Average: $3.607
US High : AK $4.039
US Low: SC $3.317

Oil and Gas by the Numbers 06/10/11

Well it looks like we finished up this week with the oil prices at $98.82/barrel.  Even with the slight drop this week with the price of oil, there was still an increase of one more rig in the US.

Rig Count

updated 06/10/2011

US: 1855

TX: 833

LA: 172

OK: 166

ND:  159

PA:  114

NM: 85

CO: 69

WY:  45

CA:  43

UT: 27

AK: 06

WV: 18

MT: 10

Applications to Drill 

06/03/2011 through 06/09/2011

TX: 258

ND: 26

MT: 3

Gasoline Prices

06/10/2011

US average: $3.720/gal

Low:  SC $3.415/gal

High: AK $4.202/gal

Exxon Mobile Hat trick

http://www.upstreamonline.com/live/article260430.ece?WT.mc_id=rechargenews_rss

Marathon Oil buys Texas oil fields for $3.5B

Marathon Oil buys Texas oil fields for $3.5B - KNDO/KNDU Tri-Cities, Yakima, WA |


For Marathon's Press Release please see the following link:
Marathon Oil $3.5 Billion Acquisition

Northern Oil and Gas - Activity Updates

The following link will take you to the recent updates of drilling activity for Northern Oil and Gas.
Northern Oil and Gas - Drilling Update

Bakken conditions improve - barely

The Bakken just can't seem to catch a break from mother nature this year.  With a year that opened up with large amounts of snow all the way till May 1st, now the water is taking over.  Flooded locations, sinking equipment, and muddy roads have remained all spring.  The evidence the wet sloppy region can be seen everywhere. In Williams County ND county officials even called a halt to large truck traffic in the region. Williston Herald - Online Edition
The roads just are not able to take any more strain in most areas.  However what may strain them has also helped provide the necessary resources to repair them.  In many counties funds are near exhausted from snow removal, but producers are coming to the rescue by helping haul or provide materials for the repairs.  This not only keeps them in the field producing, but has allowed stranded farmers and ranchers to get out.
There are even areas around the Bakken where road conditions are so bad the whole road is shut down.  This is the case with ND HWY 22, a main through way for the supplies, crews, and oil transportation in western ND. Here it is completely at mother natures mercy that the hwy has been buckled up to an impassable condition.
ND HWY 22 Closed - Dickinson Press

Samson Oil and Gas

New updates for the North Stockyard Field and the Hawks Springs project.
Samson Oil and Gas Update 06-03-11

Samson Oil and Gas Operational Update Released

The following link contains information from May 26th, 2011 on Samson's Everett #1-15H and Earl #1-13H in the Bakken, and the Defender US 33 #2-29H in the Niobrara formation.

Samson Oil and Gas Update 05/26/2011

SandRidge in $690m trust IPO

SandRidge in $690m trust IPO - Upstream Online

Oil and Gas by the Numbers 05/27/2011

Good afternoon everyone.  Well today it looks like we are starting to move forward again in our rig numbers.  The US total made a jump of 17 over the week.  Crude oil seems to be hovering at $100.19/barrel at the moment and natural gas is making a nice upswing $4.51 an increase of 3.56% so far today.  As we head into the holiday weekend that traditionally marks summer gasoline price increases, we are actually looking at some big changes in price on a down trend.

Rig Count

updated 05/27/11

US: 1847
TX: 835
LA:  165
OK: 173
ND:  162
PA:  110
NM:  77
CO:  72
WY:  41
CA:  44
UT:  29
AK:  05
WV: 19
MT:  10

Applications to Drill

05/20/11 thru 5/26/11

TX: 357
ND: 32
MT: 2
CA: No update
WY: 45

Gasoline Prices

05/27/2011

US average: $3.796/gal
Low: SC $3.528/gal
High: AK $4.204/gal

Mississippi Flooding impacts Delek refinery

Delek has reduced total throughputs at the El Dorado refinery, due to the a temporary shut in on the crude oil pipelines to the refinery. The Mississippi River flooding is the cause behind the pipeline closure.

Delek's El Dorado - Update

Chesapeake Energy Enters into Memorandum

Chesapeake Energy and Bronco Drilling

Chesapeake resumes Marcellus fracking

Chesapeake resumes Marcellus fracking - Upstream Online

Oil and Gas by the Numbers 05/13/2011

Good Afternoon!  Looks like we might be back online hopefully to stay.  As I passed by the computer screen the numbers look like they are dropping a bit.  WTI crude is currently at $98.42/barrel.  Along with the dip in the price of crude there is a slight dip in the number of rigs in the US.

Rig Count

updated 05/13/11

US: 1830

TX: 817

LA: 173

OK: 180

ND: 162

PA: 108

NM: 75

CO: 72

WY: 42

CA: 41

AK: 6

WV: 18

MT: 10

Applications to Drill

5/6/11 thru 5/12/11

TX: 333

ND: 35

MT: 6

CA: 54

WY: 98

NM: 3

Gasoline Prices

05/13/11

US average: $3.952/gal

Low: WY $3.654/gal

High: HI $4.475/gal



Texas American Resources status of initial Niobrara well

Niobrara -Talmadge 44-17H

EV Energy Partners show Loss in 1Q

EV Energy Partners

Samson Oil & Gas- Update for Earl #1-13H

Update on Earl #1-13H

Petrohawk in Permian asset buy

Petrohawk announces plans to spend about $75 million on a four rig, 15 well drilling program in the Permian Basin.  Petrohawk also announced that three of five wells in the Eagle Ford are producing, with only on expected to go commercial.
Petrohawk in Permian asset buy - Upstream Online

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

Louisiana Oil Shale play projects move forward

Plans are being made to develop in the Tuscaloosa Marine Shale.  Devon Energy has leased 250,000 acres in the region. Denbury Resources also announced a joint venture with an unnamed partner to complete one well and drill another.  An independent, Amelia Resources, had a deal in the works with an undisclosed partner to develop about 110,000 acres it has leased.

Samson spuds Stockyard well

Samson spuds Stockyard well - Upstream Online

Some in Southlake bemoan loss of drilling royalties

Some in Southlake bemoan loss of drilling royalties Barnett Shale Dallas Business, T...

Continental Resources continues to grow

Continental Resources' 2011 Q1 report show strong growth.  CLR reports production numbers of 51,663/boepd for 1st qtr.  CLR's rapid acceleration has warranted the companies move to Oklahoma City in 2012. 
CLR's Bakken play continues to make increases with oil production up 67% from a year ago.  The Williston Prospect, in which CLR has approximately 110,000 net acres, has some promising numbers in initial production tests. CLR has also drilled several multi-well ECO pads that will be completed in Q2. As of 3/31/11 CLR posted 868,900 net acres in the Bakken play w/ 22 rigs in ND and 2 in MT.
CLR has continued growth in the Oklahoma Anadarko Woodard play. Initial production production results continue to improve.  In the Oklahoma Woodford CLR has 324,000 net acres leased and 10 rigs.
In the Niobrara, CLR has drilled and fractured the Newton 1-4H in Weld County.  CLR currently has 83,100 net acres in the DJ Basin.

Public comment is invited on Newfield Revised EP

http://www.rigzone.com/news/article.asp?a_id=106813

Chevron to buy 228K acres from Chief, Tug Hill

Chevron to buy 228K acres from Chief, Tug Hill - State & Region - MercedSun-Star.com

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

TWMA signs Hess Dakota deal

TWMA signs Hess Dakota deal - Upstream Online

Chesapeake readies shale sale

Even as Chesapeake buys up Bronco Drilling, they are making plans to put major acreage on the selling block in hopes to cut debt.  CEO McClendon has stated that the company is looking for a joint venture in the Utica play.  With the prospect of a partner sitting out there Chesapeake still looks to up the anti in both the Utica and Mississippian plays by nearly doubling the rig count in both areas.
Chesapeake readies shale sale - Upstream Online

Southern Bay begins drilling in Fayette County

Southern Bay, GeoResources' southern division subsidiary, is drilling a well to a TD of 10,500 feet in Fayette County to target Eagle Ford Shale. 

Southern Bay in Fayette County

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 .

Enbridge puts out $175 million to Expand infrastucture in Haynesville Shale

Enbridge will invest $175 million to expand its East Texas system.  The partnership has signed agreements that would bring gathering, treating, and transmission services to Shelby, Sabine, San Augustine, and Nacogdoches counties.  Expanding Haynesville Shale Infrastructure

Breitling Spuds Tx. Well to Test Upper Frio-aged Oil

Breitling drills in San Patricio County, TX as a continuation of development in its Gulf Coast Onshore Initiative. 
Breitling-Salsa #1

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

ITF opens shop in Houston

ITF opens shop in Houston - Upstream Online

Bakken producers take another hit

Just when it looked like producers in the Bakken region were reading to hit the ground running for the warm months, mother nature throws a wrench. Blizzard stops Bakken

Oil and Gas by the Numbers 04/29/2011

Good afternoon from oil country.  Looking at the numbers today, the price of WTI crude is currently at $113.87/barrel.  That's a whopping $24.80/barrel more then a year ago, is it any wonder that gasoline is also  a $1.00/gallon higher then last year too.  The rigs keep rolling in with an increase of 18 in the US this week.  Some of the states sporting increases are: TX, LA, OK, PA, WY, and WV.

Rig Count

updated 04/29/11

United States Total:  1818 (up 18 rigs)
TX: 804
LA: 172
OK: 183
ND: 160
PA: 105
NM:  72
CO:  72
WY: 42
CA:  41
AK:  5
WV:  15
MT:  10

Applications to Drill

04/22/11 thru 04/28/11

TX:  228
ND:  31
MT:  8

Gasoline Prices

04/29/11

National Average:  $3.91/gal
US Low:  WY $3.521/gal
US High:  HI $4.595/gal

Rig updates in the Bakken -MonDak Oilfield Review

If your looking for a quick update on the Bakken rig counts this is the link for you.
Rock and Roll Roughneck- MonDak Oilfield Review

Linn Energy posts Acquisition agreements totaling $637 million

Linn Energy will enter a new operating area with its acquisition in the Williston Basin Bakken at $196 million and also two bolt-on acquisitions for $163 million.  In the Permian Basin, Linn Energy completed two additional bolt on acquisitions totalling $238 million.  Linn Energy Q1 2011 Results

Carrizo Oil & Gas Announces Sale of Non-Core Barnett Shale

Carrizo Oil & Gas has entered into a definitive agreement to sell a majority of their Barnett Shale Tier 1 assets to KKR Natural Resources for $104 million.

Details at: Carrizo Oil & Gas

XTO Energy Drops Southlake Drilling Plans

XTO Energy Drops Southlake Drilling Plans - Topix

Dresser-Rand tapped for 'renewable diesel fuel' project

Dresser-Rand tapped for 'renewable diesel fuel' project - Topix

Range completes first horizontal well

Range completes first horizontal well - Upstream Online

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

Talisman sells Wyoming acreage

UnionTown Energy has its eyes on targets in the Darby Block prospect. 
Talisman sells Wyoming acreage - Upstream Online

Crude prices boost Shell income

Crude prices boost Shell income - Upstream Online

Patterson pumps up profits

Patterson pumps up profits - Upstream Online

Apache ups earnings on price and flows

Apache has operational fronts, state side, in Permian Basin, Anadarko Basin, and the Gulf of Mexico deepwaters.  They are currently boasting a 25% increase in Q1.  You can read a quick breakout of their Q1 report at:
Apache ups earnings on price and flows - Upstream Online

Find the full news release at: Apache Corp (APA)

Marathon Oil (MRO) - Declares dividend

The board of directors declared a dividend of 25 cents er share on MRO common stock.  The dividend is payable June 10, 2011.

For full details: Marathon Oil

Samson Oil & Gas - Earl #1-13H

Weather, holiday, and breakdowns slows down operations on the Earl #1-13H. Work began yesterday to drill out the 19 plugs down hole.  Samson reports they are encouraged by the marked increase in oil rate after the first plug was removed.

Newfield sees loss in quarter

Newfield sees loss in quarter - Upstream Online

Antares confirms Harrison oil

Antares confirms Harrison oil - Upstream Online

Noble sees sharp loss in quarter

Noble sees sharp loss in quarter - Upstream Online

Schlumberger soars in Q1

Schlumberger soars in first - Upstream Online

Oil and Gas by the Numbers 04/21/2011

Rig Count

updated 04/15/11

United States Total:  1800 (up 28 this week)
TX: 801
LA: 170
OK: 174
ND: 161
PA: 104
NM: 73
CO: 72
WY: 41
CA: 41
WV: 14
MT: 10
AK: 6

Permits Issued for Drilling

04/15/11 thru 04/21/11

TX: 661
ND: 20
MT: 3 new, 2 reissued
CA: no report
WY: 72

Gasoline Prices

04/22/11

National Average:  $3.83/gal
US Low: WY $3.524/gal
US High:  HI $4.640/gal

Marcellus boosts Range output

Marcellus boosts Range output - Upstream Online

Muddy roads, reserve pits flooding main problems in oil field

I posted up a picture earlier of the flooding on just one location in the Bakken. 

Here is a quick article from the Minot Daily News about the effects on the oil industry.
Muddy roads, reserve pits flooding main problems in oil field - MinotDailyNews.com News, sports, business, jobs - Minot Daily News

McMoRan beats Street Estimates

Gas prices help company to cut losses from last years numbers.
McMoRan beats Street - Upstream Online

Fred Olsen goes drillship shopping

Fred Olsen goes drillship shopping - Upstream Online

Shell sees Alaska Arctic spud next year

Shell sees Alaska Arctic spud next year - Upstream Online

Samson Oil and Gas Quarterly Report

Samson Oil and Gas posts a very positive report for 1Q 2011. The full report can be read at: Samson Oil and Gas Quarterly Report

Chesapeake updates.

It appears that there is some info on Chesapeake that I had not been aware of pertaining to Chesapeake assets in the Bakken.  It is still not clear if the assets actually pertain to the Bakken, but it would appear that they have acquired acreage in North Dakota.  I did a little research and did find information an the wells that Chesapeake currently had in the area.  The most current status update was in 2002 according to the ND Oil and Gas Commission.  All I can say is that I have found a new research project for the week.  In the meantime readers can get more information be going to one of my favorite blogs on the Bakken at Million Dollar Way - Something Big in Bakken....

Cimarex will Announce 1Q 2011 Results

Cimarex Energy (XEC) will hold the 1Q 2011 conferenece call on May 6th at 11:00 AM.
For further information please keep the website at Cimarex Energy.