Oil Shale News in United States

New Standard Successfully Drills Second Well in Eagle Ford Shale
3/24/2014 - New Standard Energy Limited reached target depth at its second well in the Eagle Ford shale (EFS), the Peeler Ranch-6H well, last Friday, with casing being run over the weekend.

The drilli...
Goodrich Provides Update on Tuscaloosa Marine Shale
3/24/2014 - Goodrich Petroleum Corporation completed its CMR 8-5H-1 (100% WI) well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of 950 barrels of oil equival...
ZaZa Closes Its Third Transaction with Its JV Partner in East Texas
3/20/2014 - ZaZa Energy Corporation has closed the announced third transaction with its joint venture partner to further develop its Eaglebine/Lower Cretaceous assets in the Eagle Ford East (the “Phase III Amendm...
Hiland Announces Open Season to Expand Crude Transport Capacity
3/17/2014 - Hiland Crude, LLC announced the launch of an open season to solicit shipper interest for crude oil transportation service involving an expansion of Hiland’s Double H Pipeline, a new 488 mile pipeline ...
Enable Agrees with XTO to Gather Bakken Oil Production
3/17/2014 - Enable Midstream Partners, LP has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corporation, to gather XTO’s crude oil production through a new system that will ...
Aresco Divests Nine East Texas Eagle Ford Shale wells
3/17/2014 - Aresco LP, a privately held Dallas-based exploration and production company, announced the sale of nine B&R Energy well assets to Halcon Resources Corporation. The nine-well package, located in Brazos...
Clayton Sales its Austin & Eagle Shale Wells & Acreage for $71 Million
3/14/2014 - Clayton Williams Energy, Inc. had closed the sale of selected wells and leases in Wilson, Brazos, La Salle, Frio and Robertson Counties, Texas for $71 million, subject to customary closing adjustments...
Magnum Hunter Resources Provides Operational Update on Its Marcellus and Utica Shale Plays
3/14/2014 - Magnum Hunter Resources Corporation announced certain updates on its drilling and completion activities in the Marcellus and Utica Shale Plays. ...
Rock Receives $250 Million from Riverstone to Acquire US Shale Assets
3/13/2014 - Rock Oil Holdings LLC announced an equity commitment of up to $250 million from funds managed by energy private equity firm Riverstone Holdings LLC ("Riverstone") and additional amounts from the Compa...
ZaZa to Develop its East Texas Assets
3/12/2014 - ZaZa Energy Corporation has signed an amendment to its Joint Exploration and Development Agreement (the “Agreement”) with its current joint venture partner, one of the largest independent crude oil an...
Emerald Provides Operational Results
3/12/2014 - McAndrew Rudisill, Emerald's Chief Executive Officer, stated, "2013 was a transformational year for Emerald. We successfully drilled and completed multiple Middle Bakken and Three Forks wells, tripled...
Abraxas Provides Operational Update
3/12/2014 - Abraxas Petroleum Corporation is pleased to provide the following operational, divestiture and guidance update. ...
Pacific Acquires 14,000 Net Acres in the Niobrara Shale Formation
3/10/2014 - Pacific Energy Development, an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S. and Asia, announced the following:

- The closin...
Energy Announces Open Season for Bakken/Three Forks Transportation Service to Multiple Markets
3/7/2014 - Energy Transfer Partners, L.P. announced the launch of a binding open season to assess interest in committed service under local and joint tariffs for crude oil pipeline transportation from multiple p...
Southcross Energy Acquires South Texas Pipelines
3/7/2014 - Southcross Energy Partners, L.P. has acquired natural gas pipelines near Corpus Christi, Texas along with contracts related to those pipelines. The purchase price is approximately $40 million in cash ...
Devon & Crosstex Complete Transaction to Create EnLink Midstream
3/7/2014 - Devon Energy Corporation, EnLink Midstream, LLC and EnLink Midstream Partners, LP announced the completion of the previously announced transaction to combine substantially all of Devon’s U.S. midstrea...
Magnolia Executed Tolling Agreement with for Magnolia LNG Project
3/6/2014 - Magnolia LNG, LLC is pleased to advise it has executed a non-binding Tolling Agreement Term Sheet (Agreement), with AES Latin American Development, Ltd (AES) which is a wholly owned subsidiary of The...
Quicksilver Sales its Sand Wash Basin Assets to Southwestern Energy
3/5/2014 - Quicksilver Resources Inc. announces its execution of a purchase and sale agreement along with SWEPI LP, to sell to Southwestern Energy Production Company all of their jointly owned holdings in the Sa...
W&T Offshore Provided Update on Wolfcamp B Well
3/4/2014 - W&T Offshore, Inc. provided an update on the company's first operated Wolfcamp B well at its Yellow Rose field in the Permian Basin of West Texas. The Chablis 9H has reached a 24 hour peak initial pr...
BP to Form Separate Business to Manage US Lower 48 Onshore Oil and Gas Assets
3/4/2014 - BP announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. The US Lower 48 onshore oil and gas business environment has unique characteris...

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