SHALE Map Jan Feb 2019
A new analysis of the nation’s major shale gas plays has revealed that the amount of natural gas that can be technically recovered from future well locations has increased by 20 percent compared with an estimate made about five years ago, even while active drilling has depleted...
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Updated December 14th, 2018 With improvements in technology driving down the break-even cost for the production of oil in the rich shale plays of West Texas, the Permian Basin has become more attractive to exploration and production (E&P) companies over the past few years. Since the beginning of 2016, oil...
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Bakken Shale — North Dakota/Montana Spurred by strong production results in the Bakken and Eagle Ford Shale regions, Marathon Oil reported a second-quarter 2018 profit of $96 million. This compares to a $145 million loss for the same period in 2017. Continental Resources, also led by strong Bakken results,...
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The world is changing and Texas is changing with it. Social contracts, corporate citizenship and sustainability are common terms in today’s energy boardroom discussions. These are no longer buzzwords; they are principles that help shape the regulatory framework in our State. One readily hears the echo of the social...
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When you first meet Bob Callender his energy and vision are infectious. He is passionate about what he does and with whom he surrounds himself. Looking at his photography, it’s easy to recognize his commitment to excellence and desire to be the best at what he does. Callender credits...
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Shanna Keaveny Company name: Texakoma Operating, L.P. Title: Vice President Industry: Oil & Gas E&P Tell me about your company. Established in 1982, Texakoma remains a family operated company. For the past 36 years, Texakoma has established and grown its oil and gas exploration, operation and production business, while remaining focused...
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It’s long been a mission at SHALE Oil & Gas Business Magazine to promote the good works of area nonprofit and not-for-profit organizations. We have a unique view of the community work done by many of these charitable organizations. Accordingly, it became obvious to us that we have an...
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Following years of suppressed market conditions, many view 2017 as the comeback year for the U.S. oil and gas industry. In the wake of the crude oil price collapse in 2014, U.S. production for both crude and natural gas flattened, then dropped through 2016. And even though prices for...
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For decades, Ohio, Pennsylvania and West Virginia have watched an overwhelming number of manufacturing jobs — particularly steel manufacturing jobs — leave the United States, which led to the region being nicknamed the Rust Belt. During the same time period, the middle class started to shrink and union households...
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For many Americans, L, N, and G are just three random letters. But these three letters might just stand for three of the most important words in Texas’ energy future: liquefied natural gas. LNG Primer First, a short course on the technology. On land, natural gas, composed primarily of methane, is...