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Tuesday, March 29, 2011

ENERGY REPORT: Crude Closes Up; Natural Gas Down

May natural gas, the new front month, extended its sell off to a second consecutive session after it closed lower by 3.6% to $4.27 per MMBtu. Forecasts for warmer weather, coupled with profit taking from its ~10% rally in the month of March, pressured prices. May crude oil ended higher by 0.8% to $104.79 per barrel.

The Path to the Clean Energy Future - A Filmmaker's Accidental Journey (A Documentary about the Haynesville Shale)

Praise God and Chesapeake - Can You Say AMEN!

Royalty owners in Shreveport, LA that started receiving their Haynesville Shale royalty checks express thanks to Chesapeake.
(Photo courtesy of NaturalgasPA.com)

Monday, March 21, 2011

Haynesville might be U.S.' largest No. 1 gas-producing shale | Barnett Shale | Dallas Bu...

Shale gas production competition rages on!
According to the EIA website (U.S. Energy Information Administration), the Haynesville Shale of East Texas and Northwest Louisiana has surpassed the North Texas Barnett Shale as the leading shale gas producer in the United Sates. However it's still a close race.

Will I stop covering the Barnett Shale? Hardly! I believe that shale gas production will continue to dominate the energy scene in all areas for years to come.

Haynesville might be U.S.' largest No. 1 gas-producing shale | Barnett Shale | Dallas Bu...

Rule changes for drilling permits would continue practice of no-perforation zones in Barnett Sha...

Ever hear of a "No Perforation Zone" (NPZ)?
Check out the article below for a quick course on the subject.

Rule changes for drilling permits would continue practice of no-perforation zones in Barnett Sha...

Monday, March 07, 2011

State regulators say driller not source of Parker County water contamination | Barnett Sha...

Range Resources notched a major victory today with a favorable decision by the Texas Railroad Commission. Today's decision follows an ongoing debate over the EPA's "emergency order" on December 7th holding Range responsible for the methane contamination of two Parker county water wells.

State regulators say driller not source of Parker County water contamination | Barnett Sha...

Sunday, March 06, 2011

Warren Buffett's BNSF RR - Another Winning Investment

Last week, Fort Worth-based BNSF railroad reported a 20 percent increase in 2010 revenue and a 38 percent gain in operating income, topping $4.5 billion. That's the most profitable year in the company's long history.

Read more: http://www.star-telegram.com/2011/03/04/2897828/bnsf-is-a-success-story-just-ask.html#ixzz1Fr8snLYK

A seemingly never ending Burlington Northern freight train heads south out of Rio Vista, TX. 

Monday, February 21, 2011

Natural gas producers locking in prices | Barnett Shale | Dallas Business, Texas Busines...

As natural gas prices continue to drop producers see little prospect for a near term rebound. Drillers have hedged gas production for 2011 in anticipation of further declines.

Natural gas producers locking in prices | Barnett Shale | Dallas Business, Texas Busines...

Friday, February 18, 2011

Arkansas Is Shaking: 50+ Earthquakes In Past Week; 700+ In Last Six Months : The Two-Way : NPR

Theorists are examining two possibilities for the ongoing earthquakes. The "Guy Swarm", a series of mild earthquakes that have been occurring periodically since 2009, or possibly natural gas exploration taking place in the Fayetteville Shale, a prolific geological formation in north central Arkansas. Click the link below for the entire article.

Wednesday, February 16, 2011

Two gas well pad sites in Fort Worth exceed pollution limits | Barnett Shale | Dallas Bu...

Excerpt from the article: "In all, 169 samples were collected between September and October, and more than 15,000 concentrations were measured.

In the point source testing of 66 active well sites, 31 had no detectable emissions, and of those that did, only the two sites were above minimum thresholds set by the EPA and the Texas Commission on Environmental Quality.

More detailed analysis of over 100 sites is pending, Gange said.

Seven active compressor sites and one gas-processing plant tested were also below minimum standards."


Sunday, February 13, 2011

EPA's "Yee Haw" moment in Texas

Just the facts ma'am.....
Sworn statements from key players involved in controversial EPA order shed new light on how it all went down, and why it shouldn’t have

Check out the entire Energy In Depth article by clicking the following link.
"Yee Haw" Moment!

Saturday, February 12, 2011

No Credible Evidence Supports EPA Order Against Range

Mounting Evidence Raises Serious Questions about EPA’s Actions and Motives
By Gene Powell, Publisher/Editor – Powell Barnett Shale Newsletter©

In depth research conducted by the Powell Barnett Shale Newsletter finds some interesting revelations regarding water wells drilled 5 years prior to gas exploration in the Barnett Shale. These are the same water wells in which the EPA has targeted Range Resources with charges of methane contamination. The entire article (courtesy of the Powell Barnett Shale Newsletter) can be read by clicking the following direct link to the Adobe Acrobat file.
2-11-2011 No Credible Evidence Supports EPA Order Against Range

Wednesday, February 09, 2011

New drilling method opens vast oil fields in US - Yahoo! News

The process used in Shale gas recovery has opened up the door to new production methods for crude oil in large fields across the U.S. The AP link to this story can be accessed below.

New drilling method opens vast oil fields in US - Yahoo! News

Chesapeake Energy plans to sell $5B in assets | Barnett Shale | Dallas Business, Texas B...

Chesapeake Energy has plans to sell all of it's Fayetteville Shale assets, as well as investments in two other energy related companies. Access the article by clicking on the following link.

Tuesday, January 25, 2011

Natural-gas industry pushing back against Oscar-nominated 'Gasland' - The Hill's E2-Wire

Natural-gas industry pushing back against Oscar-nominated 'Gasland' - The Hill's E2-Wire

The Truth About Gasland - America's Natural Gas Alliance

America's Natural Gas Alliance (anga) provides it's take on the controversial Oscar nominated documentary "Gasland".

The Truth About Gasland - America's Natural Gas Alliance

Barnett Shale: Newsletter verbally pommels EPA

The Powell Barnett Shale Newsletter's Managing Editor Will Brackett took aim this week at the U.S. Environmental Protection Agency. Brackett's comments came after the EPA's no show last week at an Austin hearing regarding orders the EPA had issued against Range Resources. Star-Telegram writer Jack Z. Smith's article can be accessed at the following link.

Barnett Shale: Newsletter verbally pommels EPA

Sunday, January 23, 2011

Company To Invest $50 Billion In W.Va. - News, Sports, Jobs - The Intelligencer / Wheeling News-Register

The following article by AP writer Casey Junkins states that Oklahoma based Chesapeake Energy has plans to invest as much as $40 to $50 billion in West Virginia's Marcellus Shale over the next few decades. The entire article can be accessed from the following link.

Company To Invest $50 Billion In W.Va. - News, Sports, Jobs - The Intelligencer / Wheeling News-Register

Hurst, Bedford, Southlake seek to balance needs of drillers, residents | Barnett Shale |...

In an article by Star-Telegram writer Aman Batheja, "gas drilling is becoming a tougher sell in parts of Northeast Tarrant County". The full story can be accessed at the following link.

Hurst, Bedford, Southlake seek to balance needs of drillers, residents | Barnett Shale |...

Saturday, January 22, 2011

Range appealing EPA order on gas wells | Barnett Shale | Dallas Business, Texas Business...

Star-Telegram writer Jack Z. Smith explains in the following article why attorneys for Range Resources have filed an appeal with the 5th U.S. Circuit Court of Appeals in New Orleans regarding an order issued by the EPA which sites Range's alleged contamination of two Parker County water wells.


Range appealing EPA order on gas wells | Barnett Shale | Dallas Business, Texas Business...

Friday, January 21, 2011

More Methane Found in Parker County Water

Range Resources states that the methane is coming from an area just below the aquifer, and not from the Barnett Shale formation where they are drilling, over a mile below the surface. The EPA disagrees. The debate is ongoing in an Austin District Court. (Video courtesy WFAA.com)


Thursday, January 20, 2011

EPA - MIA in Austin

EPA MIA in Austin. According to Energy in Depth, "the agency's credibility comes into question as basis for it's "emergency order" against Range Resources continues to fall apart". The entire article can be accessed through the following link.

Energy in Depth