Rig count remains steady: Gas prices rise: Oil prices decline: The Haynesville Shale is now one of the largest gas fields in the nation. The Texas part of the field alone has produced almost 800 Tcf of gas since inception from some 800 wells. The biggest producers are…
Controversial EPA Administrator Al Armendariz has resigned his post as Administrator of Region 6, which includes Texas, after Senator James Inhofe (R-Okla.) called for an investigation of the EPA’s actions related to oil and gas exploration. Armendariz was previously a professor at Southern Methodist University in Dallas. Prior to his…
EPA Dismisses Suit Against Range The Environmental Protection Agency has thrown in the towel. It dismissed its suit against Range Resources that sought to enforce its emergency order claiming that Range was responsible for contamination of water wells in Parker County. See Bloomberg’s article here. I have previously written about…
Recent news of interest: The new Texas law requiring reporting of chemicals in frac fluids becomes effective February 1. The law also requires operators to report the volume of water used. Dr. Dan Hardin, resource planning director of the Texas Water Development Board, projects that in 2020, more than 40…
I started writing this blog in February 2009. This is my 136th post. It’s been fun. I had no idea I could find enough topics to write about, but material has not been a problem. A lot has changed in the oil and gas industry in the last three years. The development of unconventional…
Recent news of interest: New York Times reporter Ian Urbina has a recent article claiming that lenders taking mortgages on real estate are restricting their borrowers from granting oil and gas leases on the mortgated property. The article also discusses whether the granting of a lease on mortgaged property might…
Christopher Helman has recently written two articles on Aubrey McClendon, CEO of Chesapeake Energy, one in the October 24 edition of Forbes, and one — an interview with McClendon — on Helman’s blog. McClendon is the Steve Jobs of the US oil & gas exploration industry, in many ways the…
Items of interest recently in the news: On March 25, the Texas Railroad Commission adopted its examiners’ recommended decision finding that Range Resources was not responsible for water-well contamination in Parker County, Texas. (For my previous posts on this controversy, go here and here.) The U.S. Environmental Protection Agency, which had…
Recent news items of interest: Southwest Energy and Environmental Defense Fund Developing Best Practices for Hydraulic Fracturing. Scott Anderson, senior policy advisor for the Environmental Defense Fund, and Mark Boling, Executive Vice President of Southwestern Energy, have begun talks to bring together representatives of energy and environmental groups to…
Recent news items of interest: Barnett Shale Well Reaches 5 Bcf The XTO Energy – TRWD #H2H Well in Tarrant County has produced more than 5 Bcf of gas, the first Barnett Shale well to reach that milestone. The well was completed in June 2005 with a 3,500-foot lateral. The…