Posts tagged ‘Oil Link’

Wed, 09 May 2012 21:07:40 GMT

Eagle Ford shale an economic boom for Texas-study - Reuters UK


Proactive Investors Australia

Eagle Ford shale an economic boom for Texas-study
Reuters UK
* Eagle Ford shale could add $25 billion to economy * Eagle Ford oil production rose six-fold 2010-2011 By Jim Forsyth SAN ANTONIO, Texas, May 9 (Reuters) - The Eagle Ford shale oil and natural gas field in south Texas could turn out to be the largest ...
Eagle Ford shale an economic boom for Texas: studyChicago Tribune
Eagle Ford Shale Generated More Than $25 Billion in Revenue for South Texas in ...MarketWatch (press release)
Report: Booming Eagle Ford Shale created 48K jobsBusinessWeek
Virtual-Strategy Magazine -KSAT San Antonio
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Thu, 17 May 2012 12:56:56 GMT

RPT-INSIGHT: Peak, pause or plummet? Shale oil costs at crossroads - Reuters UK


Minneapolis Star Tribune

RPT-INSIGHT: Peak, pause or plummet? Shale oil costs at crossroads
Reuters UK
What is more, fracking crews, previously engaged in dry-gas outposts, are already moving out of east Texas and Louisiana and into the hyperactive Eagle Ford shale in south Texas or the Bakken up north. [ID: nL1E8EJ3UJ] Bad news for oil-services firms ...
PN Bakken: The Bakken from five points of viewPetroleum News
2 Dirt Cheap Oil Stocks Worth Buying Near Book Value NowSeeking Alpha

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Thu, 17 May 2012 04:33:39 GMT

Eagle Ford oil levels expected to soar - San Antonio Express


Eagle Ford oil levels expected to soar
San Antonio Express
Commercial development of land in the area is on the rise because of the Eagle Ford shale gas and oil boom. Ruple properties has been an active participant in the development of commercial properties in the Pleasanton area. John Davenport/San Antonio ...
Experts deliver another round of Eagle Ford bullishnessHouston Chronicle
Oil Prosperity Comes To McMullen County, TexasDaily Markets

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Sun, 20 May 2012 01:38:03 GMT

EOG Resources Now Set To Soar On Eagle Ford Shale - Seeking Alpha


EOG Resources Now Set To Soar On Eagle Ford Shale
Seeking Alpha
According to its first quarter earnings presentation, EOG believes that the Eagle Ford shale is its best crude oil asset in North America, with an improving outlook. It reports that recent wells are exceeding 3000 barrels of oil per day, ...

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Thu, 17 May 2012 06:57:07 GMT

Insight: Peak, pause or plummet? Shale oil costs at crossroads - NEWS.GNOM.ES (press release)


Insight: Peak, pause or plummet? Shale oil costs at crossroads
NEWS.GNOM.ES (press release)
What is more, fracking crews, previously engaged in dry-gas outposts, are already moving out of east Texas and Louisiana and into the hyperactive Eagle Ford shale in south Texas or the Bakken up north. Bad news for oil-services firms also highlights ...

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Wed, 09 May 2012 21:21:05 GMT

Eagle Ford shale an economic boom for Texas: study - Reuters


abc13.com

Eagle Ford shale an economic boom for Texas: study
Reuters
By Jim Forsyth | SAN ANTONIO, Texas (Reuters) - The Eagle Ford shale oil and natural gas field in south Texas could turn out to be the largest recoverable oil deposit ever found in the Lower 48 states, according to a study released on Wednesday.
Eagle Ford impact pegged at $25 billion in 2011San Antonio Express
Eagle Ford brings $25 billion windfallHouston Chronicle
Eagle Ford generates $25 billion in 2011, study findsCorpus Christi Caller Times
abc13.com -Bizjournals.com -Gas Business Briefing
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Wed, 09 May 2012 12:56:44 GMT

Marathon Oil adds to Eagle Ford assets with private co buy - Reuters UK


FuelFix

Marathon Oil adds to Eagle Ford assets with private co buy
Reuters UK
(Adds details on Marathon's Eagle Ford buys) May 9 (Reuters) - Marathon Oil Corp has bought privately held Paloma Partners II LLC for $750 million as part of its recent expansion in the Eagle Ford shale in Texas. The Paloma acquisition was a part of ...
Marathon Agrees To Acquire Paloma II In Eagle Ford ExpansionWall Street Journal
Marathon buys Paloma, Eagle Ford fieldsChicago Tribune
Marathon Oil to Take Over PalomaZacks.com
BusinessWeek
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Mon, 14 May 2012 15:36:25 GMT

Chesapeake Delays Eagle Ford Oil Deal - Wall Street Journal


Financial Times

Chesapeake Delays Eagle Ford Oil Deal
Wall Street Journal
The company delayed a $1 billion volumetric production payment deal in the Eagle Ford shale in South Texas, in which the company would have sold production in advance to investors, McClendon said. That would have impacted the company's revolving credit ...
Chesapeake puts off sale of future production from Eagle Ford ShaleFort Worth Star Telegram
Analysts ask hard questions about Chesapeake liquidityFuelFix (blog)
Chesapeake Energy Singing the Same Tune Amid SkepticismMinyanville.com
Financial Times -4-traders -MarketWatch
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Fri, 18 May 2012 14:12:22 GMT

Caddo Minerals Acquires Fayetteville Shale Property in Independence County ... - Houston Chronicle


Caddo Minerals Acquires Fayetteville Shale Property in Independence County ...
Houston Chronicle
Despite recent acquisitions in liquid rich plays like the Eagle Ford Shale, Utica and Mississippian, Caddo Minerals continues to acquire properties in natural gas plays like the Fayetteville Shale in Arkansas. Caddo Minerals, Inc, an Oil & Gas ...

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Sat, 19 May 2012 00:15:52 GMT

A welcomed respite in a boom town - San Antonio Express


A welcomed respite in a boom town
San Antonio Express
By Beth Brown PEARSALL — The Eagle Ford Shale boom has brought almost 50000 workers to South Texas, and San Antonio-based caterer Don Strange of Texas is capitalizing on the demand for food with a new food and entertainment venue here as well as ...

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Wed, 09 May 2012 14:15:45 -0700

Eagle Ford shale an economic boom for Texas: study

SAN ANTONIO, Texas (Reuters) - The Eagle Ford shale oil and natural gas field in south Texas could turn out to be the largest recoverable oil deposit ever found in the Lower 48 states, according to a study released on Wednesday. The liquids-rich Eagle Ford shale, one of the hottest North American shale fields, could generate $25 billion in economic development in 2011 and support 47,000 local ... Read more

Wed, 09 May 2012 12:49:00 -0700

Eagle Ford Shale Generated More Than $25 Billion in Revenue for South Texas in 2011

Development of oil and natural gas in the Eagle Ford Shale contributed $25 billion in total economic output to the region in 2011, according to a study released today by the Center Read more

Sun, 29 Apr 2012 15:50:00 -0700

Aurora Oil & Gas Limited - Eagle Ford Shale Quarterly Update

Aurora Oil & Gas Limited - Eagle Ford Shale Quarterly Update Read more

Thu, 17 May 2012 16:25:39 -0700

Experts deliver another round of Eagle Ford bullishness

Experts deliver another round of Eagle Ford bullishness Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:43 p.m., Wednesday, May 16, 2012 Once the problems of getting the oil and natural gas to market are gone, production from the Eagle Ford could double, and "the Eagle Ford would be ... Read more

Tue, 01 May 2012 20:17:39 -0700

Oil boom's gloom: Rough roads, traffic encircle Eagle Ford Shale

SAN ANTONIO -- Tray Vickery was a popular local boy with a bright future in Kenedy, Texas -- a future fueled by the exploration of the Eagle Ford Shale play. The oil and gas industry gave Tray his job. But it also had a part in taking his life. “We weren’t ready for all the activity, as a community, as a county. That’s been tough,” said his father, Tommy Vickery. In March, Vickery was involved ... Read more

Wed, 09 May 2012 11:06:49 -0700

Report: Booming Eagle Ford Shale created 48K jobs

An oil and gas bonanza in South Texas supported nearly 48,000 jobs last year while creating overnight boom towns cashing in on a $25 billion economic windfall from the liquid-rich Eagle Ford shale, according to a university study released Wednesday. Read more

Sun, 13 May 2012 07:39:48 -0700

Report: Eagle Ford shale in South Texas created 48,000 jobs

SAN ANTONIO (AP) — An oil and gas bonanza in South Texas supported nearly 48,000 jobs this past year while creating overnight boom towns cashing in on a $25 billion economic windfall from the liquid-rich Eagle Ford shale, according to a university study released this week. Read more

Fri, 18 May 2012 00:08:00 -0700

Caddo Minerals Acquires Fayetteville Shale Property in Independence County, Arkansas

Despite recent acquisitions in liquid rich plays like the Eagle Ford Shale, Utica and Mississippian, Caddo Minerals continues to acquire properties in natural gas plays like the Fayetteville Shale in Arkansas.Austin, TX (PRWEB) May 18, 2012 Caddo Minerals, Inc, an Oil & Gas Investment firm with a focus on producing and non-producing mineral rights, royalty, overriding interests and working ... Read more

Sun, 13 May 2012 10:52:16 -0700

Commercial developers finding Eagle Ford a fertile field

Commercial developers finding Eagle Ford a fertile field Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 11:14 p.m., Friday, May 11, 2012 [...] everything from a former hunting lodge to a closed-down feed store is filled with oil field services and supply companies working in the Eagle ... Read more

Mon, 14 May 2012 14:48:31 -0700

Eagle Ford Shale blamed for reckless driving, deadly accidents

The oil boom is making Karnes County richer but the sheriff says it's also making his roads deadlier. Read more






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Sat, 19 May 2012 18:26:44 GMT

Chevron tripped up by Brazil's oil politics - San Francisco Chronicle


Chevron tripped up by Brazil's oil politics
San Francisco Chronicle
7, something went wrong at a deep-sea oil well operated by Chevron 230 miles northeast of Rio de Janeiro. As a massive drill bit punctured reservoir N560, roughly 3500 feet beneath the ocean floor, monitors revealed pressure much higher than ...

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Fri, 18 May 2012 02:24:08 GMT

Brazil probes oil leak reports, finds nothing - Reuters UK


International Business Times

Brazil probes oil leak reports, finds nothing
Reuters UK
They are also in some of the deepest seas ever considered for oil development. A spill in the Frade field south of Jubarte in November led to civil lawsuits seeking about $20 billion in damages and criminal charges against Chevron, which operates the ...
Chevron Expulsion From Brazil "Unlikely," Says PetrobrasInternational Business Times
Brazil Navy investigates new oil spill off coastReuters
Brazil Petrobras: Permanent Shutdown Of Frade Possible, But UnlikelyWall Street Journal
Huffington Post
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Fri, 18 May 2012 14:13:21 GMT

Chevron weighs, energy stocks drag - MarketWatch


Chevron weighs, energy stocks drag
MarketWatch
NEW YORK (MarketWatch) — Chevron Corp. fell back by 1.7% as crude oil prices moved down to approach the $91-a-barrel level on Friday, with losses in the broad equities market encompassing energy stocks. Setting up losses in the energy sector for the ...

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Sat, 19 May 2012 04:07:54 GMT

Gas Explosion: Chevron Must Pay $3bn Fine, FG Insists - THISDAY Live


Gas Explosion: Chevron Must Pay $3bn Fine, FG Insists
THISDAY Live
The Director-General/Chief Executive Officer of the National Oil Spill Detection and Response Agency (NOSDRA), Peter Idabor, on Thursday insisted that Chevron must pay an administrative fine of $3 billion to the federal government for the environmental ...
Ex-Senator, Rep quarrel over $3b proposed Chevron compensationThe Nation Newspaper

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Fri, 27 Apr 2012 19:46:28 GMT

Chevron profit rescued by higher oil prices - Financial Times


The Associated Press

Chevron profit rescued by higher oil prices
Financial Times
By Guy Chazan Higher oil prices and improved refining margins helped Chevron, the second-largest US oil group by market value, to post a small rise in first-quarter profit, despite a fall in production. The company said profit rose 4 per cent to $6.5bn ...
Higher oil prices give Chevron Corp. a 4.2% profit gainLos Angeles Times
Chevron 1Q Net Up 4.2% Despite Production DropWall Street Journal
Chevron sticks with oil. And it pays off.The Associated Press
Reuters -Washington Post
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Fri, 18 May 2012 21:51:47 GMT

Our Take: Chevron: Dual Gradient Drilling Could Spark Upside In 2013 - The Mumbai Times


Our Take: Chevron: Dual Gradient Drilling Could Spark Upside In 2013
The Mumbai Times
Chevron (CVX) recently announced that a special deepwater drillship would be used in the next five years on contract with Pacific Drilling (PACD). The ship, Pacific Santa Ana will be used to explore oil in the Gulf of Mexico and is the first ship that ...

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Fri, 18 May 2012 14:13:21 GMT

Chevron weighs, energy stocks drag - MarketWatch


Chevron weighs, energy stocks drag
MarketWatch
By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — Chevron Corp. fell back by 1.7% as crude oil prices moved down to approach the $91-a-barrel level on Friday, with losses in the broad equities market encompassing energy stocks.

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Thu, 17 May 2012 13:22:01 GMT

Chevron likely to resume Brazil output-Petrobras - Reuters UK


FuelFix

Chevron likely to resume Brazil output-Petrobras
Reuters UK
| RIO DE JANEIRO May 17 (Reuters) - Chevron Corp is "unlikely" to shut its offshore Frade field in Brazil permanently and output may restart after the causes of a November spill are resolved, Petrobras, the Brazilian state-led oil company that is ...
Brazil Petrobras: Permanent Shutdown Of Frade Possible, But UnlikelyFox Business

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Thu, 26 Apr 2012 00:53:39 GMT

Exxon and Chevron raise dividends - Financial Times


Financial Times

Exxon and Chevron raise dividends
Financial Times
By Ed Crooks ExxonMobil and Chevron, the two largest US oil companies by market capitalisation, have sharply increased their dividends in a sign of confidence in future earnings. Exxon raised its quarterly dividend by 21 per cent, and Chevron by 11 per ...
Exxon, Chevron Sharply Hike Dividends As Oil Prices Remain HighWall Street Journal
Exxon boosts dividend 21 pct, Chevron's up 11 pctReuters UK
Exxon earnings headed lower: analystsMarketWatch
Economic Times -BusinessWeek -Reuters
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Thu, 17 May 2012 15:12:17 GMT

Brazil Navy investigates new oil spill off coast - Reuters UK


Brazil Navy investigates new oil spill off coast
Reuters UK
Chevron and its partners in the field decided to shut down output in Frade after additional, unexplained leaks were found in field waters in March. Frade produced 64000 barrels a day of oil in February, the ANP said. Chevron and Transocean deny any ...

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Sun, 20 May 2012 00:20:29 -0700

Chevron tripped up by Brazil's oil politics

On Nov. 7, something went wrong at a deep-sea oil well operated by Chevron 230 miles northeast of Rio de Janeiro. As a massive drill bit punctured reservoir N560, roughly 3,500 feet beneath the ocean floor, monitors... Read more

Thu, 17 May 2012 08:40:44 -0700

Chevron Expulsion From Brazil "Unlikely," Says Petrobras

(IBTimes) - Brazilian oil company Petrobras, which helps U.S.-based Chevron ( CVX ) develop offshore oil fields in that country, said regulators there are not likely to shut down Read more

Wed, 02 May 2012 22:05:09 -0700

Permits flow again for risky oil drilling process in wake of Brown firings

TAFT – The drilling fields of Kern County shook long before the earth collapsed last summer, swallowing Chevron oil worker Robert David Taylor. Read more

Wed, 16 May 2012 14:02:30 -0700

Chevron Snaps Up More LNG Business As Japan Pulls Out Of Nuclear

Oil major Chevron signed a contract with Japanese utilities company Tohuku Electric Power to supply up to 1 million metric tonnes of Liquefied Natural Gas from its giant Wheatstone project in Australia. Japan has become a major market for LNG fuel after the country has moved away from nuclear energy following the Fukushima disaster last year. Read more

Mon, 07 May 2012 12:46:49 -0700

Brazil judge nixes union lawsuit against Chevron

A Brazilian judge threw out a civil lawsuit seeking to ban U.S. oil company Chevron and oil drill-rig operator Transocean from operating in Brazil because of a November oil spill, court officials said ... Read more

Fri, 27 Apr 2012 15:07:31 -0700

Chevron sticks with oil. And it pays off.

Chevron never bought into North America's natural gas boom the way Big Oil peers like Exxon did.That decision appears to be paying off.The San Ramon, Calif. energy giant reported Friday that profits increased ... Read more

Fri, 27 Apr 2012 06:32:57 -0700

Chevron 1Q profits rise 4 pct on higher oil prices

Chevron Corp. said Friday that profits rose 4.2 percent in the first quarter as it sold oil for higher prices. Read more

Sat, 28 Apr 2012 00:27:56 -0700

Chevron profit up slightly on rising oil prices

Rising oil prices during this year's first quarter helped Chevron Corp. overcome a dip in production, as the San Ramon company posted a $6.47 billion profit that narrowly beat last year's tally. Chevron's first-quarter... Read more

Fri, 18 May 2012 09:00:00 -0700

Chevron Honors Lubricant Carriers

Chevron Lubricants, maker of technologically advanced engine oils, lubricants and coolants, recently held its first Carrier Recognition Awards at Hotel Zaza, Houston Texas. The focus of the event was to communicate, reinforce and emphasize Chevron’s commitment to safety, performance and customer service by recognizing partners that exemplify the same values. Read more

Fri, 27 Apr 2012 10:30:36 -0700

High Oil Price Boost Chevron Profits

U.S. energy giant Chevron Corp. reported a rise in its first-quarter 2012 profits, benefiting from higher oil prices. Read more