Oil Shale News

Pacific Plans Drilling on its Wattenberg Acreage
United States >> 4/1/2014 - Pacific Energy Development plans to participate in the drilling of its first four wells in the Wattenberg Extension Area acreage (Wattenberg Asset) it acquired last month. ...
TransCanada's Utica ANR Pipeline Secures 2.0 Bcf/d in Commitments
United States >> 3/31/2014 - TransCanada Corporation announced its ANR Pipeline system has secured almost 2.0 billion cubic feet a day (Bcf/d) of firm natural gas transportation commitments on its Southeast Main Line (SEML) at ma...
Total in Talks With Russia's Lukoil for Partnering in Shale Projects
Russia >> 3/27/2014 - French oil giant Total SA is planning to team up with Lukoil on its shale oil projects inRussia as the country resorts to unconventional resources to replace falling production at ageing fields in Sib...
Lucas to Join Drilling Agreement, Eagle Ford Well
United States >> 3/26/2014 - Lucas Energy, Inc., an independent oil and gas company with its operations in Texas, announced a Letter of Intent ("LOI") for a Participation Agreement with a private independent operator to farm out ...
Memorial Acquires Oil and Gas Properties
United States >> 3/25/2014 - Memorial Production Partners LP has acquired certain oil and gas producing properties in the Eagle Ford trend from Alta Mesa Holdings, LP for a purchase price of $173 million, subject to customary pur...
Swift Energy Tests New Eagle Ford Well
United States >> 3/25/2014 - Swift Energy Company has tested three new Eagle Ford wells in the Fasken area in Webb County, TX. The Fasken BD 14H, 15H and 16H were all recently completed with an average initial production rate of ...
Alta Mesa Sales its Eagle Ford Shale Assets
United States >> 3/25/2014 - Alta Mesa Holdings, LP has sold certain oil and gas producing properties in the Eagle Ford Shale area to Memorial Production Operating LLC for a sale price of $173 million, subject to customary purcha...
Goodrich Provides Update on Tuscaloosa Marine Shale
United States >> 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...
New Standard Successfully Drills Second Well in Eagle Ford Shale
United States >> 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...
ZaZa Closes Its Third Transaction with Its JV Partner in East Texas
United States >> 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...
Gazprom Neft to Start Fourth Shale Oil Exploration Project
Gazprom Neft to Start Fourth Shale Oil Exploration Project Russia >> 3/18/2014 - Gazpromneft-Khantos, a subsidiary of JSC Gazprom Neft, has been granted a licence to carry out geological exploration of the deep oil-saturated prospective horizons in the Achimovskaya and Bazhenovska...
Major Oil Shale Projects to be Discussed at JIOSS 2014
Jordan >> 3/17/2014 - Oil Shale Investment projects are growing worldwide as more companies and countries with large reserves are increasing their investments and resources in exploration activities. ...
Hiland Announces Open Season to Expand Crude Transport Capacity
United States >> 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
United States >> 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
United States >> 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
United States >> 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
United States >> 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
United States >> 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
United States >> 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
United States >> 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...

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