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.