Flaring Issues in Permian Basin

Breaking from Newsmax Newshub The Dallas Morning News reports that the Permian Basin's largest oil drillers have been releasing or burning up as much as 9 percent of the natural gas they produced as a byproduct, according to a new report from the Environmental Defense Fund (EDF). The result is greater air pollution, destruction of usable natural gas and more of the powerful greenhouse gas methane vented into the atmosphere. The fund, an advocacy group, and others have also warned that "flaring" — industry jargon for burning off natural gas — could threaten the McDonald Observatory in West Texas, which relies on having one of the nation's darkest night skies. The EDF research found that 45.5 billion cubic feet of natural gas was flared in 2015 alone, "enough to serve all of the household needs in Texas Permian counties for 2 1/2 half years." "Striking" is how Todd Davidson, research associate at University of Texas at Austin's Energy Institute, described the findings. "They [EDF] are right," he said. "We need potentially smarter thinking about how we manage our flares." Special: Report: Billionaires Love These ‘Guaranteed Income Certificates’ This email is never sent unsolicited. You have received this Newsmaxemail because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via email. TO SUBSCRIBE If this email has been forwarded to you and you would like to sign up, please click here. Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Newsmax.com 1501 Northpoint Parkway, Suite 104 West Palm Beach, FL 33407 USA 1764273 010124rzc0pr

Pipeline Industry Feeling Collateral Damage from ongoing Slide in Oil Prices

The collapse in oil prices has analysts predicting a "culling" of partnerships between drilling and pipeline companies. Click on the link below for Bloomberg article.

http://www.msn.com/en-us/money/markets/once-treasured-pipelines-facing-a-%e2%80%98culling%e2%80%99-as-drillers-go-bust/ar-AAgANAp?ocid=spartandhp

MERRY CHRISTMAS TO ALL, and BLESSINGS for a PROSPEROUS 2016! !

New updates coming soon.

TX/RRC LINKS TO BLUESTONE'S BROOKS and ALMA UNITS

BROOKS 2H UNIT:
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=BROOKS%2BUNIT&univDocNo=488590638
ALMA 2H UNIT:
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=ALMA%2BUNIT&univDocNo=488596975

UPDATE: Renewed Interest in Hill County Barnett

Hill County Waking Up? Bluestone Resources Filed 2 Drilling Permits Off CR 309 .2 miles NE of Woodbury

Click on Link Below from Royalty Owners of Texas web blog
https://groups.google.com/forum/#!topic/royalty-owners-of-texas/RIWVdCvoOS0

GAO report finds no evidence that fracing contaminates groundwater. | Barnett Shale Energy Education Council

GAO report finds no evidence that fracing contaminates groundwater. | Barnett Shale Energy Education Council

Companies line up to drill after survey shows Dakota oil, gas fields far bigger than believed | Fox News

Companies line up to drill after survey shows Dakota oil, gas fields far bigger than believed | Fox News:

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Power shift: Energy boom dawning in America - Business on NBCNews.com

Power shift: Energy boom dawning in America - Business on NBCNews.com:

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Troy Pipeline Company Strings Line in Hill County

Sign points the way to Troy Pipeline Company's construction access to a new line running north to south through Hill county. This was taken at intersection of FM 934 and HCR 1212.     

Looking south from HCR 1534. 

Cleared trees and  brush  open up the right-of-way for the latest Barnett Shale gathering lines being strung  by Troy Pipeline Company. A new line will run adjacent to other lines that already occupy this same route.

BARNETT SHALE ENERGY COUNCIL NEWS

http://conta.cc/Ux9wUF

From Coal To Gas: The Potential Risks And Rewards : NPR

From Coal To Gas: The Potential Risks And Rewards : NPR:

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Truthland: Dispatches from the Real Gasland - Full Movie [HD]

"Truthland" Has The Facts You Didn’t See In "Gasland" | Barnett Shale Energy Education Council

Never discount "the rest of the story".
The factual alternative to "Gasland".

"Truthland" Has The Facts You Didn’t See In "Gasland" | Barnett Shale Energy Education Council

Revisiting Documentary "Gasland" and False Claims | Barnett Shale Energy Education Council

Revisiting Documentary "Gasland" and False Claims | Barnett Shale Energy Education Council:

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For NY farmers, fracking means salvation _ or ruin - Yahoo! News

For NY farmers, fracking means salvation _ or ruin - Yahoo! News:

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Gas Drilling Controversy Lands at Dallas City Council

And the debate for/against urban natural gas drilling rages on.

Gas Drilling Controversy Lands at Dallas City Council | NBC 5 Dallas-Fort Worth:

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The truth about emissions from Barnett Shale natural gas sites: they are less than half those from mobile sources | Barnett Shale Energy Education Council

The truth about emissions from Barnett Shale natural gas sites: they are less than half those from mobile sources | Barnett Shale Energy Education Council

Fracking Sand Threatens Gas Well Workers, Researcher Says - Businessweek

Seems that sand dust might be a greater threat to gas well workers than actual chemicals used in fracking wells. Read the Businessweek article by clicking the link below.

Fracking Sand Threatens Gas Well Workers, Researcher Says - Businessweek:

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Chesapeake Cuts Land Agents, Drilling in Barnett Shale

An ongoing sign of the times. Decade-low natural gas prices signal substantial cutbacks.
Read the entire Star-Telegram article by clicking the link below.

Barnett Shale: Chesapeake cuts land agents, drilling in Barnett Shale:

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Natural Gas Depressed By Associated Gas Production - Seeking Alpha

An analyst's take on natural gas prices going forward. What can be expected? Opinions abound!

Natural Gas Depressed By Associated Gas Production - Seeking Alpha:

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Natural Gas Prices Unsustainable For Future Growth, Says Poll - International Business Times

It appears that ongoing production, in numerous shale regions across the country, has resulted in a massive glut of natural gas reserves. With prices hovering at 10 year lows the consensus among those "in the know" points to threatened growth. The entire article can be accessed by clicking the link below.
,
Natural Gas Prices Unsustainable For Future Growth, Says Poll - International Business Times:

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Fracknation Documentery Pledges Exceed Goal

Americans Support Hydraulic Fracturing by More than 2-1 Margin

Energy In Depth » Blog Archive Poll: Americans Support Hydraulic Fracturing by More than 2-1 Margin - Energy In Depth:

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Portman Commends EPA Decision to Scrutinize Controversial Report on Fracking - Rob Portman

Portman Commends EPA Decision to Scrutinize Controversial Report on Fracking - Rob Portman

2012 Could Become Worst Year on Record for Severe Weather

Visit msnbc.com for breaking news, world news, and news about the economy

UT 'Fracking' Study Dispels One Drilling Worry, Raises Others | Mike Norman | Fort Worth, Arl...

Wonder how the environmentalists will spin this? Will they say that the respected research team at UT was paid off? Stay tuned.....

UT 'fracking' study dispels one drilling worry, raises others | Mike Norman | Fort Worth, Arl...

Fort Worth-based Driller Range Resources is Takeover Target

Range Resources is looking mighty attractive as a takeover target.
Read the Star-Telegram article by clicking the link below.

Fort Worth-based driller Range Resources is takeover target | Barnett Shale | Dallas Bus...

Fracknation - Stay Tuned for the TRUTH about Fracking

CPAC 2012: Ann McElhinney, Filmmaker (FRACKNATION.COM)

Water Pollution Suit Against Range Resources is Rejected

This Star-Telegram article is sure to ruffle more than a few feathers.

Water pollution suit against Range Resources is rejected | Barnett Shale | Dallas Busine...

Arlington Council Rejects Well Site at Rush Creek

Read the entire Star-Telegram article by clicking the following link.

Arlington council rejects well site at Rush Creek | Barnett Shale | Dallas Business, Tex...

Arlington City Council Rejects Chesapeake's Proposed Gas Well Site

BREAKING NEWS
The Arlington City Council tonight rejected Chesapeake Energy's request for proposed gas well site. The Rush Creek site would have been located in southwest Arlington. Details are sketchy at this time on the decision to reject the proposed site. The city council has rejected a number of the company's proposals during the past 18 months. Many residents of the proposed site at the corner of South Bowen Road and West Bardin Road had voiced concerns about safety, noise, traffic and the potential environmental impact a site would have on the neighborhood. Stay tuned for a followup on this story as details become available.

UPDATE:
The Rush Creek site (Bowen and Bardin) was denied approval by a 7-1 vote. The Truman site in north Arlington was unanimously approved for 2 permits.

Chesapeake Energy to Cut Drilling Production Due to Gas Glut

Chesapeake Energy announces major cutbacks in natural gas exploration after gas prices fall to a 10 year low. A huge surplus of natural gas is another driver in Chesapeake's decision to curtail it's drilling efforts.

Read the entire RIGZONE article by clicking the link below.

RIGZONE - Chesapeake Energy to Cut Drilling, Production Due to Gas Glut:

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It's Time to Buy Natural Gas!

Interesting article by Motley Fool contributor Sean Williams.

Click on the link below to read his commentary:

It's Time to Buy Natural Gas (CHK, DVN, XOM):

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Devon's Benbrook Federal A, B, C and D Units and Perrone SWD Well

Devon has drilled 35+ horizontal units and 1 salt water disposal well from this padsite.
The facility is located close to the shoreline of Benbrook Lake in Tarrant County.

A large network of pipelines and compression equipment can be observed at the facility.
The skyline of downtown Fort Worth is visible in the distance. Click on the photo to enlarge the image.

Gas Bears Up Bets on ’Catastrophic’ Surplus

Hedge fund "bears" have emerged from hibernation and are on the prowl, as a huge surplus of natural gas continues to further glut the market.

Read the entire Bloomberg article by clicking the link below.

Gas Bears Up Bets on ’Catastrophic’ Surplus - Bloomberg:

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For Chesapeake, Weak Gas Prices Could Further Quiet Barnett Shale Activity

With currently just 10 rigs drilling in Tarrant county, and one lone drillbit turning in Johnson county, Chesapeake Energy has considerably slowed it's Barnett Shale exploration efforts. In addition to deeply depressed natural gas prices, the Barnett's "dry" gas brings less money at market compared to other shale plays that produce more oil and petroleum liquids.

Click on the following link for the complete Star-Telegram article.

For Chesapeake, weak gas prices could further quiet Barnett Shale activity | Barnett Shale...

“Shale Gas Development is a Game-Changer of Huge Proportions”

What They’re Saying: “Shale Gas Development is a Game-Changer of Huge Proportions” | NorthCentralPA.com:

“Shale-Gas Boom Spurs Race”: The boom in low-cost natural gas obtained from shale is driving investment in plants that use gas for fuel or as a raw material, setting off a race by states to attract such factories and the jobs they create. Shale-gas production is spurring construction of plants that make chemicals, plastics, fertilizer, steel and other products. A report issued earlier this month by PricewaterhouseCoopers LLC estimated that such investments could create a million U.S. manufacturing jobs over the next 15 years. … “This shale gas development is a game-changer of huge proportions,” said Dan DiMicco, chief executive officer of Nucor Corp., a steelmaker based in Charlotte, N.C. … Because electric utilities often burn gas, that price drop has helped bring down average electricity costs. (Wall Street Journal, 12/27/11)

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Shale Oil In America: Economy Fix Or Dangerous Fantasy?

Shale Oil and Gas - The hydraulic fracturing debate rages on!

Click on the link below for the Fox News article.....

Shale Oil In America: Economy Fix Or Dangerous Fantasy? | Fox News