tag:blogger.com,1999:blog-3439643370415773200Sun, 25 Nov 2012 21:32:04 +0000Oil consumption 700 billion each yearnewsPermian Basindrill locationsNGAS Resources (NGAS)new oil fielddivide countySt.Martin Parishuplultra petroleumKarnes County10/23/08new landmarcellus formationMarcellus Shale playElectro-Traclawyerjeff mackieLaramie Countybarrels of oilJones CountyarkansasGlacier Countywhat is frac waterAtascosa CountyEagle ford shale playutica shale oil9/26/08hurricane GustavENSERVCO Corp. (ENSV.OB)july 2009frac waterst jean north permithot stocksweathersouth americafacebookBEXPClimarex Energy Co. (XEC)biibWilliams companies (WMB)Linn Energy (LINE)Green River Oil Shaleacreslower smackover shalecorridor resourcesland leaseNiskuPetroBakken Energy Ltd. (PBN.TO)Technical Analysisfreestone countywilliams countymainland resourcesBienvillewell resultsMontrail Countyfebruary 5february 24Oilmonsantomeetingsspraberry oil fieldSandRidge EnergyDyami Energyparadox basinirancanada shalesmackovercolumbia countyswnnew leasetieWoodford shaleoil discoveries11/20/08february 3chesapeak energyIvan1/28/09pennslyvaniajanuary 29petroquest Energy (PQ)endeavour energy endcondensateSupport and Resistance Levelsjob opportuniesEnerplus Resources Fund (ERF)Voyager Oil and Gas Inc. (VYOG.OB)marcellus shale stocksDeWitt CountyagreementMichigan ShaleWesterly ExplorationManningtax levynew yorkjanuary 28shale oilhaynesville shaleag sectorsusquehanna countylower huron shalecanadian countybossier shale formationexxon mobil stock analysisGreen River Formationfebruary 27Mexco Energy on CNBC MXCoil fieldseagle ford shaleRoosevelt CountyLaSalle County Texaslehman brotherswest virginiawater treatment solutionswetzel countymcdlehwest virginia shaleMarylandmroNRG Energy (NRG)junexChesapeake Energy CorporationMcCloud OklahomaAntares Energy11/11/08lycoming countyExxon Mobil CorpohNiobrara Playpipeline capacitysseyBBCMDU Resources Group (MDU)januaryKirkella propertyhaynesville shale 2012la salle countyAvoyelles ParishWeld Countyjohn mccainLinn Energy CorpThe Williams CompaniesInc TOPZwachoviatranscanadacapital investmentmarcellus shale message boardcontinental resourcescrzo2/5/09august 2010anadarko petroleum (APC)wells drilledocsproex mergerhaynesville residents suesouthern star energydellcanada shale fields2/24/09Austin Chalktennessee shalegoodrich petroleumGarringtonharrison countyred river parishDoxa EnergyVoyageur Oil and Gas Inc. (VYOG.OB)hartley countycontact uscubic energyCleburne CountyDevon Energy Corp. (DVN)Harold Hammy-grade pipelineLINENuviPhone2/3/09trans energynoble countybrown dense formationmarcellus shale formation10/21/089/09/09top drilleroklahoma shaleappalachian basinEPM Evolution Petroleumwichita countyColorado Oil and GasChesapeake Energy Corp. (CHK)9/09/08southgate estatesland leasingWise Countybpnorth texasaugust 20112nd quarter 2008oldham countyAugust 11hescnbc fast moneycanada oilpetrohawk energyNMWind Energygene munsterPotter countyshale thicknessNiobrara ShaleD.J. Basinfebruary 24thBruin Prospectyahooquestar strrange resourcesBill Barrett CorporationMcKenzie Countytx2011Reliable Energy Ltd. (REL)oil north dakotaXTO EnergyStatoilmurphy oil murSamson Oil and Gas (SSN)Natural Gas Powertouch screen phoneEOG ResourcesNorth Dakota ShaleAntrim ShaleCardium Shaleunit corpnesson anticlinehorizontal wellsMcCully natural gas fieldnovember 20112012t boone pickenslittle rockVirgniaquebecLodgepoleOil Sandsppcostock blogjvPreston CountyBlack Hawkcalifornia oilexploratory wells11/17/08largest positioncodelleagleford shaleExterra Energy (EENI.OB)Range Resources Corp. (RRC)Encana ECAMainland Resources (MNLU.OB)xomivanhoe energyjanuary 20Garret Countycabot oil gasbutler county201010/7/08ndblm - bureau of land managementAlamoPenn Virginia Corp. (PVA)Stocksuneffhaynesville formationqbikexshaw bakkenmxcwilmington oil fieldbeverly hills oil2/19/08south star energyBlackstone Capital Partnerslaw passesCarrizo Oil and Gas Inc. (CRZO)november 11thnatural gas pipelinestock picksdecember 29thAvalon shalecnbc fast money recapNewfield Exploration Company (NFX)arkoma basinGemini areasanish field2009drilling bannuvifonehurricane gustav pathnew york shaleBoone PickensLower Cook MountainMiddle BossierlaNovember 2008Market update7/13/09Technical Stock Chartslorraine shalewell costVan Buren Countynatural gas fieldRexx Energy Corp. (REXX)Maverick BasinPapua New Guinea2008obrara shalesouth texas10/28/08may 2009third quarter6-17-08 stocksdrillingcompanies drilling marcellus shaleQuesterre Energy Corp. (QEC)curtailmentcrude oildesoto parishZavala Countycardium formationoil discoveryEXCO Resources (XCO)haynesville shale drillinglouibrown densenet wellsresearch in motionrecordGoodrich Petrolium Corp. (GDP)anadarko petroleumcogE.C. StrykerKoch Pipeline CompanyWestmont Resources Inc (WMNS.ob)james lime2nd quarter earnings gshaynesville shale meetingwater issuesmineral rightsConsol Energy Inc. (CNX)Utahhydraulic fracturingpvarallymarch 16hurricane season 2008Visa V Mastercard MA Energy Conversion Devices ENERPOGLY.PK)Western Permian Basinchk ceo sells sharesgs earningsPetrohawk Energy Corp. (HK)Canadian Oil SandsWyomingTurner Bayoumississippi salt basinJohn Pinkerton CEO commentscaddo parishGastar Exploration Ltd. (GST)Tioga CountyGSTUtica ShalePermian Basin Updatealbertaacquisitionsusa shale playsReagan Countynatural gassteve jobsWayne CountyMontague Countyanadarko petroleum (APCLaSalle Countyfrederick brooke shaleGranite WashNatural Gas Power Energyoccidental petroleumMartinsvillerigsLeed Countyproduction ratespetroquestmnlupotterPryme Energy Limited (PYM.AXadditivesshale wells10/30/08Live Oak CountyStock Charts10/20/08Rignethaynsville shalewoodford shale newsoil and gasConcho Resources (CXO)NYSEearnings report10/9/08haynesvillelight oil discovery4th quarter 2010argentinaMaverick countyyellow jacket prospect9/20/08kodiak oil and gasoil rigschevron - cvxgdp2011 budgetspider fieldtopaz resources inc (TOPZ)google searchsecond quarter 2010huron shaleBone SpringNew Albany ShaleRegency Energy Partners (RGNC)1/20/09marcellus shale forumoil and gas drillingchina shale gas9/12dilly creekWolfberryLee Countystock tradingCrocket CountyDXA.Vcompanies drilling haynesville shalelandownersManitobawvlouisianaRange Resources (RRC)Lea CountyiphoneWest texascrkInteroil Corp. (IOC)Jefferson CountyBirchus RanchGRMNPeace River Oil Sandsnew wellsoil wells3rd Quarter 2010roseSouthwest TexasPlattpenn virginiavertical wellsDWOGBenzie CountyopecPenn State Universitynewfield explorationeqtIrvingPhiladelphiaexxon mobilsouthwestern energyU.S. Energy Corp. (USEG)pickens planbig textiogawhiting petroleumsmForrest CountyPearsall Shalethree forks discoveryland saleRex Energy Corp. (REXX)british columbianatural hassarah palinoil natural gasshale expojim cramershale playsGPStravis peakoxybajoint venturechinared riverjnxrichland countyTexas Panhandle8/28/08net acresbarnett shale newscompany earningscooke county - txGulfport Energy Co. (GPOR)appleoctober 2008proved reservesedge petroleumSabine Countyconferenceanwarfort worth basinBerry Petroleum Company (BRY)earthquake12/29/08bullish on oil6-19-08bottom in natural gaswells spudhoizontal wellsmarcellushale.comcitigroupmineral leasesGrady Countyramepre market stocksTRZ EnergySM Energy (SM)MXC drilling in Texasnatural gas news12/8/08FSLRhkSouthwestern Energy Co. (SWN)cnpcrosetta resourcesagujrccusa oilcarroll countyfracsohiohaynesville newsPayne CountyHess Corporation (HES)Buccaneer Energy Limited (BCGYF.PK)Tamm Oil and Gas Corp (TAMM.OB)Deep Well OIl and Gas Inc.drilling rigsjuly 14mtBrigham explorationcoalgreene3/2/09fast money recap 6/12westmoreland countyjobsUGI Corp. (UGI)eagle ford shale oil fieldenergy stocksGoldman Sachs EarningsshaleCana Shalemarcellusshale.comprogresstengCentre Countygas drilling permits9/02/08Upton CountySouthern Alberta Basinsqmpxpclearfield countyBrigham Exploration Co. (BEXP)stock tipsMichigan Shale Natural Gas Field11/05/08bradford countyavalon shale playmoratoriumpcxchesapeake energy ceodrilling companiesoih1/27/09San antonioAttorney Gerneralnew rigsrexxDenver-Julesburg Basinhaynesville shale stockskogGarfield Countytropical storn GustavWolfforknatural gas shaledecember 29potcnbcGoldman SachsTopaz ResourcesCheyenneSunocoequitable resourcesMississippian Debolt7/28hottest companyIaraLamar Countynatural gas lawsoperational updateNorth DakotaColorado Countyfebruary 19Continental Resources Inc. (CLR)Johnson CountySan Augustine Countymweohio shaleSpectra Energy corp. (SE)haynesvilleshale.comNiobrara5/18/099/05/08three forksoil shaletexas shalenatural gas drillingWestmont ResourcesEOGhorn river shalerrcGonzales Countysp 500prices8/29/08fayetteville shaleHalliburton Company (HAL)monAtinum Marcellustuscaloosa marine shaleMexco Energyenbridge energy partnersGarminEnterprise Products Partners (EPD)mississippinovember 17thMissourian Washgas companies10/16/08alaskahunt plywood 36 wellGoshenbulk bulk shippingdenton countyOKcanadaupdatemarcellus shale discussionseptember 200811/19/08record land leasingearningsPipelineWolfcampellis countymay 18lease salecoal stocksBakken LiteSamson Oil and Gas Limited (SSN)1/29/09shale updateColoradomidland basinvertical drillingrobertson countylos angeles oilten stage fracturewolfcamp shale2/2/09norther Michigan ShaleJames Buddy CaldwelloklahomaBrazilhessDewey County9/08/0811/08/08Penn West EnergycxgNorth Oklahoma shaleEl Paso Corp. 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(NXY)mmcfohio oh utica shalekern county11/04/08jnprMYGNalberta oil sandsEureka Energy (EKA)hood countybarnett combo oil playtropical storm dollymississippian oil playshale gashorizontal rigsnew acreagecompletion costs10/31/08president bushdrilling leaseboeingMCKE.OBchief oil and gasMSdrilling updateSwift Energy (SFY)Missaukeehurricane dollycolorado shalenatural gas pricesVaca Muerta ShaleSkywest Energy Corp. (SKW.V)pqHaynesville Shale PlayInc. (WMNS)Mercer CountyMarmatonTexascarter worthhaynesville shale message boardfast moneydryshipsshipping stocksFSTAmerican Right of Way Associatesspudded wellsMarceullus ShaleCimarex Energy (XEC)leonard shaleSharewell Energy ServicesBlair Countypre marketMarshall Countysouthwest coloradoatlstxco resourceswestern OklahomaGeoResources Inc. (GEOI)oil montanashale drillingDawson County TexasRed Hawkgmwashington countySpaberryshale gas playpotashCulberson countynogoil explorationwllHorn River BasinBorden County TexasEvolution Petroleum Corp. 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(TEXOF.PK)9/24/089/11/08www.pickensplan.comElktonDevonian Shalelowlands shaleChestnut Petroleumdowst mary land and explorationcnx gasColumbiana Countymarch 200911/10/08Ross projectoil pricesPryme Oil and Gas Limitedepexaaplservice centernew pipelineSM Energy Company (SM)cotton valleybossier parish11/24/08oil fieldunbridled energystatoilhydrooil gas drilling companiesnfxapaOil drillingdevon energy DVNusgsENER Energy Conversion Devicesfebruary 2009gscomstock resourcesarkansas shalefast money recapMarkewest Energy Partnerskentucky shaleacreageKildeerouter continental shelfCrimson Exploration Inc. (CXPO)yhooNortheastern ColoradoLochendvndaadix 25haynesville shale newspa pennsylvaniaStark Countyatlas energyshale saleMcKean CountyWilson County TexasCrockett CountyaapleMagnum Hunter Resources Corp. (MHR)Richmond CountyRuby Pipelineram energy resourcesbuyoutExxon Mobil (XOM)qbcnasdaqRough Rider projectlos angeles11/07/08natural gas jobsBurleson Energy Limited (BUR)montanaConoco Phillips (COP)tupi oil fieldUSOIrion CountyWattenbergrecycling frac waterbarronsCrimson Explorationmoore countyrimmcomstock resources inc. (crk)dunn countybarnett shaleEddy countyPANew York drillingPembinasmackover formationcontractcromer - manitobaDJ BasinDimmit Countymarch 16thcarl icahnBob Herlinbossier citygreene countypetrobras - PBRgold creek projectsouth texas shaleeagle ford shale training classesshares listed on NYSENewfield Exploration Company (NYSE: NFX)new natural gas discoveryBakken Corechk - chesapeake energytarrant county10/04Federal Energy Regulatory CommissionLLC (LINE)completed wellsInc. (WMB)9/30/08lawsuitHaynesville Shale Formationfort worth texasNew MexicoVisa V Mastercard MA AAPLPennyslvaniaupgradesapachemorgan stanleyelm grove field11/13/08lawcatarina fieldgeneral motorsde soto parishcanada natural gas shalewilliston basinmineral oilcaddo parrishamite county9/03/08gothic shaledecember 17Mitsubishi Corp (MC)santos basinApproach Resources Inc. (AREX)Archer Petroleum (ARK)Inc (SD)fst stockMcMullen CountyPiceance BasinAmerican Petro-hunterForest Oil Corp. (FSP)acidizeCXPOOpal wyomingdrilling oil shaleMain Oregonmountrial county10/29/08forest oiljanuary 30chattanooga shaleapcpickenplan.comDrilling permitsWelcome to my blog! This shale blog is meant for people interested in keeping up on the latest shale news across the USA &amp; Canada. With higher oil and natural gas prices, discovering have been on fire. The Eagle Ford Shale, Haynesville Shale, Bakken Shale, Niobrara Shale, and the Marcellus Shale have really produced giant wells and the interest keeps coming. Mineral rights leases are doing incredible!http://blackberrystocks.blogspot.com/noreply@blogger.com (Tim)Blogger589125HaynesvilleShale-Updates-Newshttp://feedburner.google.comtag:blogger.com,1999:blog-3439643370415773200.post-750303820160614702Fri, 02 Mar 2012 21:09:00 +00002012-03-02T16:09:00.574-05:00noble countyutica formationmineral rightsohio2012oil fielddrillingwashington countyUtica Shaleohio oh shaleohBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Utica Shale News - Magnum Hunter Resources Corporation (NYSE: MHR) provides an update on the <a href="http://oilshalegas.com/uticashale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Utica Shale</span></b></a> located in Noble County, Ohio.</div><div><br /></div><div>Magnum Hunter Resources Corporation (NYSE: MHR) announced today that its wholly-owned subsidiary, Triad Hunter, LLC ("Triad Hunter"), has closed on the acquisition of leasehold mineral interests located predominately in Noble County, Ohio (the "Utica Acreage") from an undisclosed seller for a total purchase price of $24.8 million.<br /><br />The Utica Acreage consists of approximately 15,558 gross (12,186 net) acres predominately located in Noble County, Ohio. The net price paid per acre for this acquisition was $2,037. The majority of the leasehold acreage acquired in this transaction is held by shallower production. The purchase includes all depths of 300 feet below the top of the Queenston Formation down to all further depths. There is no associated shallow production included with this acquisition. There is a possibility of a second closing on another block of similar acreage that may occur on or before April 16, 2012, assuming the Seller can satisfy certain title deficiency requirements.<br /><br />The Utica Acreage is in close proximity to Triad Hunter's existing acreage position in Washington and Noble Counties, Ohio, and now provides Triad Hunter approximately 18,187 gross (14,815 net) acres in in these two counties, and a total of 23,214 gross (17,316 net) acres that are presently prospective for the Utica Shale..</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/uticashale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/uticashale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/HlpHqtRfc8s/magnum-hunter-resources-mhr-utica-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/03/magnum-hunter-resources-mhr-utica-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-3025160409709091364Thu, 01 Mar 2012 18:30:00 +00002012-03-01T13:30:01.092-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesnewsCrockett Countywolfcamp shaleWest texasPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;"><b>Wolfcamp Shale</b></span></a>.</div><div><br /></div><div><span style="font-family:georgia;font-size:100%;">In the West Texas Permian Basin, EOG increased drilling activity in the Wolfcamp formation during the second half of 2011 in preparation for a more active year in 2012. EOG reported success from the upper Wolfcamp zone. The University 9 #2803H in Reagan County, 25 miles west of its current middle Wolfcamp activity began production at 883 Bopd with 68 Bpd of NGLs and 388 Mcfd of natural gas. EOG has a 100 percent working interest in the well. In Irion County, the University 43 #0902H and 40A #0402H were completed in the middle Wolfcamp zone at initial oil rates of 1,088 and 1,076 Bopd, respectively. In addition to the strong oil production, the wells were turned to sales with 86 and 129 Bpd of NGLs and 489 and 736 Mcfd of natural gas, respectively. EOG has 90 and 85 percent working interest in the wells, respectively. </span></div><div><span style="font-family:georgia;font-size:100%;"><br /></span></div><div><span style="font-family:georgia;font-size:100%;">On the border between Irion and Crockett counties, the University 40 #1309H and 38 #0601H began production at 1,738 and 1,077 Bopd with 137 and 119 Bpd of NGLs and 779 and 678 Mcfd of natural gas, respectively. EOG has 88 percent working interest in these wells. EOG plans to operate a four-rig drilling program in the Wolfcamp during 2012.<br /></span></div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><span class="Apple-style-span" style="color:#3333ff;"><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a><br /></span><div><br /><br /></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/2Wmf-XkLY88/crockett-county-tx-wolfcamp-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/03/crockett-county-tx-wolfcamp-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-1044417919927970925Wed, 29 Feb 2012 19:44:00 +00002012-02-29T14:44:00.525-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesnewswolfcamp shaleWest texasPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;"><b>Wolfcamp Shale</b></span></a>.</div><div><br /></div><div><span style="font-family:georgia;font-size:100%;">In the West Texas Permian Basin, EOG increased drilling activity in the Wolfcamp formation during the second half of 2011 in preparation for a more active year in 2012. EOG reported success from the upper Wolfcamp zone. The University 9 #2803H in Reagan County, 25 miles west of its current middle Wolfcamp activity began production at 883 Bopd with 68 Bpd of NGLs and 388 Mcfd of natural gas. EOG has a 100 percent working interest in the well. In Irion County, the University 43 #0902H and 40A #0402H were completed in the middle Wolfcamp zone at initial oil rates of 1,088 and 1,076 Bopd, respectively. In addition to the strong oil production, the wells were turned to sales with 86 and 129 Bpd of NGLs and 489 and 736 Mcfd of natural gas, respectively. EOG has 90 and 85 percent working interest in the wells, respectively. On the border between Irion and Crockett counties, the University 40 #1309H and 38 #0601H began production at 1,738 and 1,077 Bopd with 137 and 119 Bpd of NGLs and 779 and 678 Mcfd of natural gas, respectively. EOG has 88 percent working interest in these wells. EOG plans to operate a four-rig drilling program in the Wolfcamp during 2012.<br /></span></div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><span class="Apple-style-span" style="color:#3333ff;"><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a><br /></span><div><br /><br /></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/Jlq1yb77FXY/eog-resources-eog-wolfcamp-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/eog-resources-eog-wolfcamp-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-6809984571308690348Tue, 28 Feb 2012 19:28:00 +00002012-02-28T14:28:00.042-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesmidland basinnewsWest texasPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;"><b>Wolfcamp Shale</b></span></a>.</div><div><br /></div><div><span style="font-family:georgia;font-size:100%;">In the West Texas Permian Basin, EOG increased drilling activity in the Wolfcamp formation during the second half of 2011 in preparation for a more active year in 2012. EOG reported success from the upper Wolfcamp zone. The University 9 #2803H in Reagan County, 25 miles west of its current middle Wolfcamp activity began production at 883 Bopd with 68 Bpd of NGLs and 388 Mcfd of natural gas. EOG has a 100 percent working interest in the well. In Irion County, the University 43 #0902H and 40A #0402H were completed in the middle Wolfcamp zone at initial oil rates of 1,088 and 1,076 Bopd, respectively. In addition to the strong oil production, the wells were turned to sales with 86 and 129 Bpd of NGLs and 489 and 736 Mcfd of natural gas, respectively. EOG has 90 and 85 percent working interest in the wells, respectively. On the border between Irion and Crockett counties, the University 40 #1309H and 38 #0601H began production at 1,738 and 1,077 Bopd with 137 and 119 Bpd of NGLs and 779 and 678 Mcfd of natural gas, respectively. EOG has 88 percent working interest in these wells. EOG plans to operate a four-rig drilling program in the Wolfcamp during 2012.<br /><br />In the New Mexico Leonard Shale, EOG reported drilling success from Lea County with the Caballo 23 Fed #4H and #6H. The wells, in which EOG has 86 percent working interest, initially produced at 932 and 750 Bopd with 116 and 99 Bpd of NGLs and 636 and 545 Mcfd of natural gas, respectively. During 2012, EOG is positioned to increase its drilling activity in the Leonard Shale with a year-long two-rig program.</span></div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><span class="Apple-style-span" style="color:#3333ff;"><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a><br /></span><div><br /><br /></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/lnBFS_VrbpE/eog-resources-eog-permian-basin.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/eog-resources-eog-permian-basin.htmltag:blogger.com,1999:blog-3439643370415773200.post-6889820108999990296Tue, 28 Feb 2012 19:28:00 +00002012-02-28T14:28:00.450-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratescooke county - txacresbarnett combo oil play2012barnett shalewell costBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><b>EOG Resources (EOG) - Barnett Shale Combo Play - Oil Field Texas</b></div><div><br /></div><div>EOG Resources (EOG) is out with their <a href="http://oilshalegas.com/barnettshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Barnett Shale Combo Play</span></b></a> update. The Barnett Shale combo play is a zone of oil and natural gas.</div><div><br /></div><div>In the Fort Worth Barnett Shale Combo, EOG's second largest driver of liquids growth during 2011, total liquids production increased 107 percent compared to 2010, driven by a 124 percent increase in crude oil and condensate production. In Montague County, a pattern of five horizontal wells, the Badger A Unit #1H, B Unit #2H, C Unit #3H, D Unit #4H and E Unit #5H showed initial peak oil production rates ranging from 525 to 659 Bopd with 106 to 205 Bpd of NGLs and 704 to 1,361 Mcfd (thousand cubic feet per day) of natural gas per well. EOG has 100 percent working interest in the wells, which had an average peak crude oil production rate of 604 Bopd per well. A series of 10 McKown wells drilled in Cooke County, began producing to sales at an average oil rate of 689 Bopd, with 210 Bpd of NGLs and 1.4 MMcfd of natural gas per well. EOG has 93 percent working interest in these wells. During 2011, EOG expanded its core holdings in the Barnett Combo by approximately 25,000 acres to 200,000 net acres. Following the success of its drilling program last year, EOG expects the Barnett Combo to be its second largest liquids production growth contributor again in 2012.</div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/barnettshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/barnettshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/dKLJe5dTkoA/cooke-county-texas-barnett-shale-oil.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/cooke-county-texas-barnett-shale-oil.htmltag:blogger.com,1999:blog-3439643370415773200.post-5115840479552295556Mon, 27 Feb 2012 21:00:00 +00002012-02-27T16:00:05.093-05:00mtoil and gas drillingdrilling activitynewsoil montanaMountrail CountyEOG ResourcesBakken Shalend2012bakken formationoil north dakotaParshall fieldBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) recently gave a drilling update in the <a href="http://bakkenshale.net"><b><span class="Apple-style-span" style="color:#3333ff;">Bakken Shale</span></b></a>.</div><div><br /></div><div>Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://bakkenshale.net"><span class="Apple-style-span" style="color:#3333ff;">http://bakkenshale.net</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/pgzeD4BDpao/bakken-shale-north-dakota-parshall.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/bakken-shale-north-dakota-parshall.htmltag:blogger.com,1999:blog-3439643370415773200.post-5803703671938755707Mon, 27 Feb 2012 19:23:00 +00002012-02-27T14:23:00.544-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesacresbarnett combo oil play2012barnett shalewell costBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><b>EOG Resources (EOG) - Barnett Shale Combo Play - Oil Field Texas</b></div><div><br /></div><div>EOG Resources (EOG) is out with their <a href="http://oilshalegas.com/barnettshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Barnett Shale Combo Play</span></b></a> update. The Barnett Shale combo play is a zone of oil and natural gas.</div><div><br /></div><div>In the Fort Worth Barnett Shale Combo, EOG's second largest driver of liquids growth during 2011, total liquids production increased 107 percent compared to 2010, driven by a 124 percent increase in crude oil and condensate production. In Montague County, a pattern of five horizontal wells, the Badger A Unit #1H, B Unit #2H, C Unit #3H, D Unit #4H and E Unit #5H showed initial peak oil production rates ranging from 525 to 659 Bopd with 106 to 205 Bpd of NGLs and 704 to 1,361 Mcfd (thousand cubic feet per day) of natural gas per well. EOG has 100 percent working interest in the wells, which had an average peak crude oil production rate of 604 Bopd per well. A series of 10 McKown wells drilled in Cooke County, began producing to sales at an average oil rate of 689 Bopd, with 210 Bpd of NGLs and 1.4 MMcfd of natural gas per well. EOG has 93 percent working interest in these wells. During 2011, EOG expanded its core holdings in the Barnett Combo by approximately 25,000 acres to 200,000 net acres. Following the success of its drilling program last year, EOG expects the Barnett Combo to be its second largest liquids production growth contributor again in 2012.</div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/barnettshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/barnettshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/NlAZ9DlIpVQ/montague-county-texas-barnett-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/montague-county-texas-barnett-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-5191472850516360997Mon, 27 Feb 2012 19:00:00 +00002012-02-27T14:00:00.129-05:00EOG ResourcesEOGsouth texas shaleeagle ford shale oil field2012south texaseagle ford shaleGonzales CountyBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) provided an oil &amp; natural gas drilling update in the <a href="http://oilshalegas.com/eaglefordshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Eagle Ford Shale</span></b></a> play located in Gonzales County, Texas.</div><div><span class="Apple-style-span" style="font-family:georgia;"><br />EOG's well results in the Eagle Ford continue to lead the industry. In Gonzales County, the Henkhaus Unit #1H, #2H, #3H, #4H, #6H and #7H wells were drilled on a pattern of 65-acre spacing. The six wells were completed to sales at individual initial production rates ranging from 2,424 to 3,733 barrels of oil per day (Bopd) with 442 to 679 barrels per day (Bpd) of natural gas liquids (NGLs) and 2.2 to 3.4 million cubic feet per day (MMcfd) of natural gas per well. The Mitchell Unit #3H, #4H, #5H, #6H, #7H and #8H wells, which were also drilled as down-spaced pilots, began initial production at 2,833 to 3,527 Bopd with 275 to 485 Bpd of NGLs and 1.4 to 2.4 MMcfd of natural gas per well. The Meyer #3H, #4H, #5H, #8H and #9H wells had individual peak oil rates ranging from 1,647 to 2,813 Bopd with 199 to 413 Bpd of NGLs and 1.0 to 2.1 MMcfd of natural gas.<br /><br />EOG has 100 percent working interest in these 17 Gonzales County wells. "With tremendous resource potential still remaining on our acreage, we continue to test and apply techniques that will increase the oil recovery and potential of the Eagle Ford, our crown jewel. This strategy takes us into the next inning of development. By concentrating our efforts on getting more oil out of the ground early in the development phase, we are taking a good asset and making it great," Papa said. "Looking across the industry, we believe EOG's Eagle Ford position represents the largest domestic net oil discovery in 40 years and the highest rate of return play in North America today."</span></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/eaglefordshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/eaglefordshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/ulVV3Fol774/gonzales-county-tx-eagle-ford-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/gonzales-county-tx-eagle-ford-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-555222913177899299Sun, 26 Feb 2012 23:00:00 +00002012-02-26T18:00:00.481-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesnewswolfcamp shaleWest texasReagan CountyPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;"><b>Wolfcamp Shale</b></span></a>.</div><div><br /></div><div><span style="font-family:georgia;font-size:100%;">In the West Texas Permian Basin, EOG increased drilling activity in the Wolfcamp formation during the second half of 2011 in preparation for a more active year in 2012. EOG reported success from the upper Wolfcamp zone. </span></div><div><span style="font-family:georgia;font-size:100%;"><br /></span></div><div><span style="font-family:georgia;font-size:100%;">The University 9 #2803H in Reagan County, 25 miles west of its current middle Wolfcamp activity began production at 883 Bopd with 68 Bpd of NGLs and 388 Mcfd of natural gas. EOG has a 100 percent working interest in the well."</span></div><div><span class="Apple-style-span" style="font-family: georgia; font-size: medium; "><br /></span></div><div><span class="Apple-style-span" style="font-family: georgia; font-size: medium; ">In Irion County, the University 43 #0902H and 40A #0402H were completed in the middle Wolfcamp zone at initial oil rates of 1,088 and 1,076 Bopd, respectively. In addition to the strong oil production, the wells were turned to sales with 86 and 129 Bpd of NGLs and 489 and 736 Mcfd of natural gas, respectively. EOG has 90 and 85 percent working interest in the wells, respectively. On the border between Irion and Crockett counties, the University 40 #1309H and 38 #0601H began production at 1,738 and 1,077 Bopd with 137 and 119 Bpd of NGLs and 779 and 678 Mcfd of natural gas, respectively. EOG has 88 percent working interest in these wells. EOG plans to operate a four-rig drilling program in the Wolfcamp during 2012.</span></div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><span class="Apple-style-span" style="color:#3333ff;"><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a><br /></span><div><br /><br /></div><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/CrP27sMef3Y/reagan-county-tx-wolfcamp-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/reagan-county-tx-wolfcamp-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-573695708161514662Sun, 26 Feb 2012 20:02:00 +00002012-02-26T15:02:00.153-05:00mtoil and gas drillingdrilling activitynewsoil montanaMountrail CountyEOG ResourcesBakken Shalend2012bakken formationoil north dakotaParshall fieldBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) recently gave a drilling update in the <a href="http://bakkenshale.net"><b><span class="Apple-style-span" style="color:#3333ff;">Bakken Shale</span></b></a>.</div><div><br /></div><div>Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://bakkenshale.net"><span class="Apple-style-span" style="color:#3333ff;">http://bakkenshale.net</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/bBfcI2Nplc4/mountrail-county-nd-bakken-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/mountrail-county-nd-bakken-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-7916898425687605413Sun, 26 Feb 2012 15:30:00 +00002012-02-26T10:30:00.472-05:00south texas shalecogeagle ford shale oil fieldcabot oil gas2012south texaseagle ford shaleBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Cabot Oil &amp; Gas (COG) provided an oil &amp; natural gas drilling update in the <a href="http://oilshalegas.com/eaglefordshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Eagle Ford Shale</span></b></a> play located in South Texas.</div><div><br /></div><div><span class="Apple-style-span" style="font-family:georgia;">Cabot's Eagle Ford activity drove the 68 percent increase in the Company's oil and liquids production between full years 2011 and 2010. This growth came from 29 net wells primarily located in the Company's Buckhorn area in South Texas. Of ten recent well successes, the 24-hour peak production rate for half of the wells has exceeded 1,000 barrels of oil per day, with a 30-day average increasing to around 575 barrels of oil per day. "We have continued our science efforts here to improve realizations in the play with a degree of success including increased EURs, higher reserves per foot completed and increases to initial maximum output rates," commented Dinges. "From these results we expect our oil resource potential to rise again in 2012 as we continue to enhance the play further by exploiting our ability to down-space locations in the field."</span></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/eaglefordshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/eaglefordshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/dWV3BLiGytY/cabot-oil-gas-cog-eagle-ford-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/cabot-oil-gas-cog-eagle-ford-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-7503663941007432296Sun, 26 Feb 2012 15:00:00 +00002012-02-26T10:00:11.662-05:00pa pennsylvaniamineral rightscogmarcellus formationoil and natural gas fieldcabot oil gas2012capital investmentmarcellus shaleBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Cabot Oil &amp; Gas (COG) recently reported an operational update on the <a href="http://oilshalegas.com/marcellusshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Marcellus Shale</span></b></a> in <span class="xn-location">Pennsylvania</span>. </div><div><br /></div><div><span class="Apple-style-span" style="font-family:georgia;font-size:100%;"><span class="xn-location">Cabot</span>'s Marcellus effort created a further step change as the Company exited 2011 with field production at 600 Mmcf per day, up from 236 Mmcf per day at the end of 2010 and up nine-fold since the end of 2009. This performance was driven by superior drilling results, including a dozen wells with initial production rates of more than 20 Mmcf per day, and a year where many of <span class="xn-location">Cabot</span>'s wells stood out as the top performing wells in <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.pa">Pennsylvania</location></span>'s regulatory filings. For the year, <span class="xn-location">Cabot</span> completed 66 Marcellus wells with a total of 904 frac stages. </span><p style="WIDOWS: 2; TEXT-TRANSFORM: none; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 12px/16px Arial, Helvetica, sans-serif; WHITE-SPACE: normal; ORPHANS: 2; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px"><span style="font-family:georgia;font-size:100%;">Specifically, in data just released by the <org>Pennsylvania Department of Environmental Protection</org> (PaDEP) on cumulative production for the last six months of 2011, <span class="xn-location">Cabot</span> had eight of the top 10 performing wells. In addition, for two of the identified wells, <span class="xn-location">Cabot</span> booked initial estimated ultimate recoverys (EURs) in excess of 20 Bcf each. These two wells, on one pad, have been on production for about 275 days and have cumulative production of 4.5 Bcf each. The Company does have one other well that has exceeded 5.0 Bcf of production since being placed on-line in the summer of 2010. "Also of note, is the result from our first pad drilling effort, which to date has produced 12.5 Bcf in less than 500 days and is still producing about 16 Mmcf per day from three wells," said <span class="xn-person"><person>Dan O. Dinges</person></span>, Chairman, President and Chief Executive Officer.</span></p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/marcellusshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/marcellusshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/akEr4hPxbAw/cabot-oil-gas-cog-marcellus-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/cabot-oil-gas-cog-marcellus-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-8752137132299493113Sat, 25 Feb 2012 22:10:00 +00002012-02-25T17:11:05.663-05:00noble countyutica formationmineral rightsohio2012oil fielddrillingwashington countyUtica Shaleohio oh shaleohBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Utica Shale News - Magnum Hunter Resources Corporation (NYSE: MHR) provides an update on the <a href="http://oilshalegas.com/uticashale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Utica Shale</span></b></a> located in Noble County, Ohio.</div><div><br /></div><div>Magnum Hunter Resources Corporation (NYSE: MHR) announced today that its wholly-owned subsidiary, Triad Hunter, LLC ("Triad Hunter"), has closed on the acquisition of leasehold mineral interests located predominately in Noble County, Ohio (the "Utica Acreage") from an undisclosed seller for a total purchase price of $24.8 million.<br /><br />The Utica Acreage consists of approximately 15,558 gross (12,186 net) acres predominately located in Noble County, Ohio. The net price paid per acre for this acquisition was $2,037. The majority of the leasehold acreage acquired in this transaction is held by shallower production. The purchase includes all depths of 300 feet below the top of the Queenston Formation down to all further depths. There is no associated shallow production included with this acquisition. There is a possibility of a second closing on another block of similar acreage that may occur on or before April 16, 2012, assuming the Seller can satisfy certain title deficiency requirements.<br /><br />The Utica Acreage is in close proximity to Triad Hunter's existing acreage position in Washington and Noble Counties, Ohio, and now provides Triad Hunter approximately 18,187 gross (14,815 net) acres in in these two counties, and a total of 23,214 gross (17,316 net) acres that are presently prospective for the Utica Shale..</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/uticashale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/uticashale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/jbLjLQ1ZdIQ/noble-county-ohio-utica-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/noble-county-ohio-utica-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-4349620796936198831Sat, 25 Feb 2012 20:01:00 +00002012-02-25T15:01:49.952-05:00mtoil and gas drillingdrilling activitynewsoil montanaMountrail CountyEOG ResourcesBakken Shalend2012bakken formationoil north dakotaParshall fieldBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) recently gave a drilling update in the <a href="http://bakkenshale.net"><b><span class="Apple-style-span" style="color:#3333ff;">Bakken Shale</span></b></a>.</div><div><br /></div><div>Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://bakkenshale.net"><span class="Apple-style-span" style="color:#3333ff;">http://bakkenshale.net</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/uL2LzjH3Zj0/bakken-shale-eog-resources-eog.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/bakken-shale-eog-resources-eog.htmltag:blogger.com,1999:blog-3439643370415773200.post-5772345654122426898Sat, 25 Feb 2012 19:46:00 +00002012-02-25T14:47:55.640-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesnewswolfcamp shaleWest texasPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;"><b>Wolfcamp Shale</b></span></a>.</div><div><br /></div><div><span style="font-family:georgia;font-size:100%;">In the West Texas Permian Basin, EOG increased drilling activity in the Wolfcamp formation during the second half of 2011 in preparation for a more active year in 2012. EOG reported success from the upper Wolfcamp zone. The University 9 #2803H in Reagan County, 25 miles west of its current middle Wolfcamp activity began production at 883 Bopd with 68 Bpd of NGLs and 388 Mcfd of natural gas. EOG has a 100 percent working interest in the well. </span></div><div><span style="font-family:georgia;font-size:100%;"><br /></span></div><div><span style="font-family:georgia;font-size:100%;">In Irion County, the University 43 #0902H and 40A #0402H were completed in the middle Wolfcamp zone at initial oil rates of 1,088 and 1,076 Bopd, respectively. In addition to the strong oil production, the wells were turned to sales with 86 and 129 Bpd of NGLs and 489 and 736 Mcfd of natural gas, respectively. EOG has 90 and 85 percent working interest in the wells, respectively. On the border between Irion and Crockett counties, the University 40 #1309H and 38 #0601H began production at 1,738 and 1,077 Bopd with 137 and 119 Bpd of NGLs and 779 and 678 Mcfd of natural gas, respectively. EOG has 88 percent working interest in these wells. EOG plans to operate a four-rig drilling program in the Wolfcamp during 2012.<br /></span></div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><span class="Apple-style-span" style="color:#3333ff;"><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a><br /></span><div><br /><br /></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/aD-lXwz9rJs/irion-county-tx-wolfcamp-shale_25.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/irion-county-tx-wolfcamp-shale_25.htmltag:blogger.com,1999:blog-3439643370415773200.post-6476539581258730063Sat, 25 Feb 2012 19:37:00 +00002012-02-25T14:37:00.184-05:00news2012Whittenburg Basin Playoil fieldTexas Panhandleapaoldham countyapacheGranite WashBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Apache (APA) recently came out and discussed a new emerging oil play in the <a href="http://oilshalegas.com/granitewash.html"><b><span class="Apple-style-span" style="color:#3333ff;">Granite Wash area</span></b></a>. This formation is called the Whittenburg Basin Play and is located in the Texas Panhandle.</div><div><br /></div><div><p><org idsrc="xmltag.org" value="NYSE:APA">Apache Corporation</org> (NYSE, Nasdaq: APA) today reported encouraging results in its exploratory drilling program in the emerging <location>Whittenburg Basin</location> play in the <span class="xn-location">Texas <location>Panhandle</location></span>. Five of six initial vertical tests were completed as oil producers in the Canyon Wash interval. </p><p><span class="xn-location">Apache</span> has leased or purchased approximately 96,000 net acres in the <location>Bivins Ranch</location> area, a 200-square-mile block in <b><span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.harley">Hartley</location></span>, <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.oldham">Oldham</location></span>, <span class="xn-location">Potter</span> and <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.moore">Moore</location></span> counties</b>, and operates all leases, most with 73.5-percent working interests. The block is immediately south of the prolific Panhandle Dolomite field and north of two 25-well Canyon Wash fields.</p><p><location>The Bivins Ranch</location> acreage play is part of <span class="xn-location">Apache</span>'s stepped-up program to explore in underdeveloped areas — beyond existing operations — that can benefit from <span class="xn-location">Apache</span>'s technical expertise and financial capacity. Prior to <span class="xn-location">Apache</span>'s recent activity, just 21 wells were drilled on the block, which is located about 100 miles west of <span class="xn-location">Apache</span>'s <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.ok.anarko">Anadarko</location></span> Basin properties. </p><p>"We are very encouraged that our early results support our geological model. We plan to expand our exploratory program using newly acquired 3-D seismic," said <span class="xn-person"><person value="APIN:4194500517">Robert Johnston</person></span>, <span class="xn-location">Apache</span>'s <location>Central Region</location> vice president. "Advances in horizontal drilling and multi-stage fracture stimulations have greatly improved the economics of drilling in oil and liquids-rich formations across western <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.ok">Oklahoma</location></span> and the <span class="xn-location">Texas <location>Panhandle</location></span>; the wells we have drilled thus far in the <location>Bivins Ranch</location> area have all the ingredients to suggest that these techniques may generate even greater productivity.</p><p>"We are eager to continue to test the acreage, and we plan to commence horizontal development drilling in mid-2012," Johnston said. </p><p><span class="xn-location">Apache</span>'s new producing wells in the <location>Bivins Ranch</location> area include:</p><ul type="disc"><li>The Bivins-LIT 3-2 averaged 1,001 barrels of oil and 839 thousand cubic feet (Mcf) per day from 80 feet of pay during the first 30 days of production. </li><li>The Bivins-LIT 28-2 averaged 315 barrels of oil and 123 Mcf from 140 feet of pay for the first 30 days of production. </li><li>The Bivins-LIT 115-1 averaged 175 barrels of oil and 97 Mcf from 231 feet of net pay for the first 30 days of production. </li><li>The recently completed Bivins-LIT 4-3 has been on production less than a week; it is currently producing 137 barrels of oil and 105 Mcf of gas from 150 feet of pay. </li><li>The Bivins-West 219-2 has averaged 107 barrels of oil and 42 Mcf per day from 50 feet of pay during the first 21 days of production. </li></ul><p><span class="xn-location">Apache</span>'s initial drilling locations were developed using a 64-square-mile 3-D seismic survey. <span class="xn-location">Apache</span> recently completed a 244-square-mile 3-D survey over the remainder of the acreage with final processing expected in the first quarter. Ten additional wells are scheduled during 2012.</p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195"><span class="Apple-style-span" style="color:#3333ff;">http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/k1d5re1CvLM/oil-discovery-in-texas-2012-apache-apa.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/oil-discovery-in-texas-2012-apache-apa.htmltag:blogger.com,1999:blog-3439643370415773200.post-4413842087051536057Sat, 25 Feb 2012 19:23:00 +00002012-02-25T14:23:23.377-05:00oil wellsOil drillingEOG ResourcesEOGproduction ratesacresbarnett combo oil play2012barnett shalewell costBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><b>EOG Resources (EOG) - Barnett Shale Combo Play - Oil Field Texas</b></div><div><br /></div><div>EOG Resources (EOG) is out with their <a href="http://oilshalegas.com/barnettshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Barnett Shale Combo Play</span></b></a> update. The Barnett Shale combo play is a zone of oil and natural gas.</div><div><br /></div><div>In the Fort Worth Barnett Shale Combo, EOG's second largest driver of liquids growth during 2011, total liquids production increased 107 percent compared to 2010, driven by a 124 percent increase in crude oil and condensate production. In Montague County, a pattern of five horizontal wells, the Badger A Unit #1H, B Unit #2H, C Unit #3H, D Unit #4H and E Unit #5H showed initial peak oil production rates ranging from 525 to 659 Bopd with 106 to 205 Bpd of NGLs and 704 to 1,361 Mcfd (thousand cubic feet per day) of natural gas per well. EOG has 100 percent working interest in the wells, which had an average peak crude oil production rate of 604 Bopd per well. A series of 10 McKown wells drilled in Cooke County, began producing to sales at an average oil rate of 689 Bopd, with 210 Bpd of NGLs and 1.4 MMcfd of natural gas per well. EOG has 93 percent working interest in these wells. During 2011, EOG expanded its core holdings in the Barnett Combo by approximately 25,000 acres to 200,000 net acres. Following the success of its drilling program last year, EOG expects the Barnett Combo to be its second largest liquids production growth contributor again in 2012.</div><div><br /></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/barnettshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/barnettshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/qtlbEvjHX-w/eog-resources-eog-barnett-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/eog-resources-eog-barnett-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-883597189551547680Sat, 25 Feb 2012 19:06:00 +00002012-02-25T14:06:54.296-05:00EOG ResourcesEOGsouth texas shaleeagle ford shale oil field2012south texaseagle ford shaleBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>EOG Resources (EOG) provided an oil &amp; natural gas drilling update in the <a href="http://oilshalegas.com/eaglefordshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Eagle Ford Shale</span></b></a> play located in South Texas.</div><div><br /></div><div><span class="Apple-style-span" style="font-family:georgia;">Starting 2011 with a 12-rig drilling program that ramped up to 26 rigs in December, EOG drilled and completed 244 net wells during the year with a focus on optimizing completion techniques, in addition to reducing drilling days and overall well costs. Moving into development mode early in 2011, EOG began shifting its attention to increasing recovery of the oil-in-place in the field. To test the impact of well spacing on reserve recoveries, EOG drilled eight pilot programs that included 33 total wells. Based on production analysis from these pilots and reservoir modeling, EOG is now pursuing development drilling on 65 to 90-acre spacing, significantly tighter than the original density of 130 acres between wells.<br /><br />After taking into account both the excellent results from the 375 wells it has drilled to date across its 120-mile acreage position and the results from the down-spaced drilling tests, EOG has increased its estimated potential reserves in the Eagle Ford from 900 million barrels of oil equivalent (MMboe) to 1,600 MMboe, net after royalty (NAR). The 700 MMBoe, NAR, or 78 percent increase represents an estimated 6 percent recovery factor. On its 572,000 net acres in the prolific oil window, EOG has identified approximately 3,200 remaining drilling locations and increased its average per well estimate to 450 thousand barrels of oil equivalent (MBoe), NAR.<br /><br />EOG's well results in the Eagle Ford continue to lead the industry. In Gonzales County, the Henkhaus Unit #1H, #2H, #3H, #4H, #6H and #7H wells were drilled on a pattern of 65-acre spacing. The six wells were completed to sales at individual initial production rates ranging from 2,424 to 3,733 barrels of oil per day (Bopd) with 442 to 679 barrels per day (Bpd) of natural gas liquids (NGLs) and 2.2 to 3.4 million cubic feet per day (MMcfd) of natural gas per well. The Mitchell Unit #3H, #4H, #5H, #6H, #7H and #8H wells, which were also drilled as down-spaced pilots, began initial production at 2,833 to 3,527 Bopd with 275 to 485 Bpd of NGLs and 1.4 to 2.4 MMcfd of natural gas per well. The Meyer #3H, #4H, #5H, #8H and #9H wells had individual peak oil rates ranging from 1,647 to 2,813 Bopd with 199 to 413 Bpd of NGLs and 1.0 to 2.1 MMcfd of natural gas.<br /><br />EOG has 100 percent working interest in these 17 Gonzales County wells. "With tremendous resource potential still remaining on our acreage, we continue to test and apply techniques that will increase the oil recovery and potential of the Eagle Ford, our crown jewel. This strategy takes us into the next inning of development. By concentrating our efforts on getting more oil out of the ground early in the development phase, we are taking a good asset and making it great," Papa said. "Looking across the industry, we believe EOG's Eagle Ford position represents the largest domestic net oil discovery in 40 years and the highest rate of return play in North America today."</span></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/eaglefordshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/eaglefordshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/GxLW21XYGrk/eog-resources-eog-eagle-ford-shale.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/eog-resources-eog-eagle-ford-shale.htmltag:blogger.com,1999:blog-3439643370415773200.post-8876694530616549333Fri, 24 Feb 2012 19:36:00 +00002012-02-24T14:36:00.606-05:00news2012Whittenburg Basin Playoil fieldmoore countyTexas PanhandleapaapacheGranite WashBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Apache (APA) recently came out and discussed a new emerging oil play in the <a href="http://oilshalegas.com/granitewash.html"><b><span class="Apple-style-span" style="color:#3333ff;">Granite Wash area</span></b></a>. This formation is called the Whittenburg Basin Play and is located in the Texas Panhandle.</div><div><br /></div><div><p><org idsrc="xmltag.org" value="NYSE:APA">Apache Corporation</org> (NYSE, Nasdaq: APA) today reported encouraging results in its exploratory drilling program in the emerging <location>Whittenburg Basin</location> play in the <span class="xn-location">Texas <location>Panhandle</location></span>. Five of six initial vertical tests were completed as oil producers in the Canyon Wash interval. </p><p><span class="xn-location">Apache</span> has leased or purchased approximately 96,000 net acres in the <location>Bivins Ranch</location> area, a 200-square-mile block in <b><span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.harley">Hartley</location></span>, <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.oldham">Oldham</location></span>, <span class="xn-location">Potter</span> and <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.moore">Moore</location></span> counties</b>, and operates all leases, most with 73.5-percent working interests. The block is immediately south of the prolific Panhandle Dolomite field and north of two 25-well Canyon Wash fields.</p><p><location>The Bivins Ranch</location> acreage play is part of <span class="xn-location">Apache</span>'s stepped-up program to explore in underdeveloped areas — beyond existing operations — that can benefit from <span class="xn-location">Apache</span>'s technical expertise and financial capacity. Prior to <span class="xn-location">Apache</span>'s recent activity, just 21 wells were drilled on the block, which is located about 100 miles west of <span class="xn-location">Apache</span>'s <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.ok.anarko">Anadarko</location></span> Basin properties. </p><p>"We are very encouraged that our early results support our geological model. We plan to expand our exploratory program using newly acquired 3-D seismic," said <span class="xn-person"><person value="APIN:4194500517">Robert Johnston</person></span>, <span class="xn-location">Apache</span>'s <location>Central Region</location> vice president. "Advances in horizontal drilling and multi-stage fracture stimulations have greatly improved the economics of drilling in oil and liquids-rich formations across western <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.ok">Oklahoma</location></span> and the <span class="xn-location">Texas <location>Panhandle</location></span>; the wells we have drilled thus far in the <location>Bivins Ranch</location> area have all the ingredients to suggest that these techniques may generate even greater productivity.</p><p>"We are eager to continue to test the acreage, and we plan to commence horizontal development drilling in mid-2012," Johnston said. </p><p><span class="xn-location">Apache</span>'s new producing wells in the <location>Bivins Ranch</location> area include:</p><ul type="disc"><li>The Bivins-LIT 3-2 averaged 1,001 barrels of oil and 839 thousand cubic feet (Mcf) per day from 80 feet of pay during the first 30 days of production. </li><li>The Bivins-LIT 28-2 averaged 315 barrels of oil and 123 Mcf from 140 feet of pay for the first 30 days of production. </li><li>The Bivins-LIT 115-1 averaged 175 barrels of oil and 97 Mcf from 231 feet of net pay for the first 30 days of production. </li><li>The recently completed Bivins-LIT 4-3 has been on production less than a week; it is currently producing 137 barrels of oil and 105 Mcf of gas from 150 feet of pay. </li><li>The Bivins-West 219-2 has averaged 107 barrels of oil and 42 Mcf per day from 50 feet of pay during the first 21 days of production. </li></ul><p><span class="xn-location">Apache</span>'s initial drilling locations were developed using a 64-square-mile 3-D seismic survey. <span class="xn-location">Apache</span> recently completed a 244-square-mile 3-D survey over the remainder of the acreage with final processing expected in the first quarter. Ten additional wells are scheduled during 2012.</p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195"><span class="Apple-style-span" style="color:#3333ff;">http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/_tS3dIXN4Yo/moore-county-texas-oil-and-natural-gas.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/moore-county-texas-oil-and-natural-gas.htmltag:blogger.com,1999:blog-3439643370415773200.post-7182841244348918113Fri, 24 Feb 2012 19:01:00 +00002012-02-24T14:01:00.517-05:00oil wellsOil drillingmidland basinCimarex Energy (XEC)Culberson county2012wolfcamp shaleTexasWolfcampPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><b>Wolfcamp Shale Update - Cimarex Energy (XEC)</b></div><div><br /></div><div>Cimarex Energy (XEC) provides an update on drilling for oil in the <a href="http://oilshalegas.com/wolfcampshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Wolfcamp Shale</span></b></a> located in Culberson County, TX</div><div><br /></div><div>In the fourth-quarter, four horizontal Wolfcamp wells were brought on production in southern <span class="xn-location"><location value="LU/us.nm.eddy" idsrc="xmltag.org">Eddy County New Mexico</location></span> (White City) and northern <span class="xn-location"><location value="LU/us.tx.culson" idsrc="xmltag.org">Culberson County Texas</location></span>. The wells brought on in the fourth-quarter had first-30 day production rates averaging 6.8 MMcfe/d, comprised of 38% gas, 31% oil and 31% NGL. On average these wells have the highest oil contribution of the wells drilled to date in the Wolfcamp. For 2011 Cimarex drilled and completed 11 gross (10 net) horizontal Wolfcamp wells, bringing total wells in the play to 18 gross (16.8 net). First 30-day production from all the wells has averaged over 6.5 MMcfe/d, comprised of 44% gas, 24% oil and 32% NGL.</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/GCg4ptQPdrM/culberson-county-tx-wolfcamp-shale-oil.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/culberson-county-tx-wolfcamp-shale-oil.htmltag:blogger.com,1999:blog-3439643370415773200.post-1367806474608715282Thu, 23 Feb 2012 18:35:00 +00002012-02-23T13:35:00.268-05:00Potter countynews2012Whittenburg Basin Playoil fieldTexas PanhandleapaapacheGranite WashBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Apache (APA) recently came out and discussed a new emerging oil play in the <a href="http://oilshalegas.com/granitewash.html"><b><span class="Apple-style-span" style="color:#3333ff;">Granite Wash area</span></b></a>. This formation is called the Whittenburg Basin Play and is located in the Texas Panhandle.</div><div><br /></div><div><p><org idsrc="xmltag.org" value="NYSE:APA">Apache Corporation</org> (NYSE, Nasdaq: APA) today reported encouraging results in its exploratory drilling program in the emerging <location>Whittenburg Basin</location> play in the <span class="xn-location">Texas <location>Panhandle</location></span>. Five of six initial vertical tests were completed as oil producers in the Canyon Wash interval. </p><p><span class="xn-location">Apache</span> has leased or purchased approximately 96,000 net acres in the <location>Bivins Ranch</location> area, a 200-square-mile block in <b><span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.harley">Hartley</location></span>, <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.oldham">Oldham</location></span>, <span class="xn-location">Potter</span> and <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.moore">Moore</location></span> counties</b>, and operates all leases, most with 73.5-percent working interests. The block is immediately south of the prolific Panhandle Dolomite field and north of two 25-well Canyon Wash fields.</p><p><location>The Bivins Ranch</location> acreage play is part of <span class="xn-location">Apache</span>'s stepped-up program to explore in underdeveloped areas — beyond existing operations — that can benefit from <span class="xn-location">Apache</span>'s technical expertise and financial capacity. Prior to <span class="xn-location">Apache</span>'s recent activity, just 21 wells were drilled on the block, which is located about 100 miles west of <span class="xn-location">Apache</span>'s <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.ok.anarko">Anadarko</location></span> Basin properties. </p><p>"We are very encouraged that our early results support our geological model. We plan to expand our exploratory program using newly acquired 3-D seismic," said <span class="xn-person"><person value="APIN:4194500517">Robert Johnston</person></span>, <span class="xn-location">Apache</span>'s <location>Central Region</location> vice president. "Advances in horizontal drilling and multi-stage fracture stimulations have greatly improved the economics of drilling in oil and liquids-rich formations across western <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.ok">Oklahoma</location></span> and the <span class="xn-location">Texas <location>Panhandle</location></span>; the wells we have drilled thus far in the <location>Bivins Ranch</location> area have all the ingredients to suggest that these techniques may generate even greater productivity.</p><p>"We are eager to continue to test the acreage, and we plan to commence horizontal development drilling in mid-2012," Johnston said. </p><p><span class="xn-location">Apache</span>'s new producing wells in the <location>Bivins Ranch</location> area include:</p><ul type="disc"><li>The Bivins-LIT 3-2 averaged 1,001 barrels of oil and 839 thousand cubic feet (Mcf) per day from 80 feet of pay during the first 30 days of production. </li><li>The Bivins-LIT 28-2 averaged 315 barrels of oil and 123 Mcf from 140 feet of pay for the first 30 days of production. </li><li>The Bivins-LIT 115-1 averaged 175 barrels of oil and 97 Mcf from 231 feet of net pay for the first 30 days of production. </li><li>The recently completed Bivins-LIT 4-3 has been on production less than a week; it is currently producing 137 barrels of oil and 105 Mcf of gas from 150 feet of pay. </li><li>The Bivins-West 219-2 has averaged 107 barrels of oil and 42 Mcf per day from 50 feet of pay during the first 21 days of production. </li></ul><p><span class="xn-location">Apache</span>'s initial drilling locations were developed using a 64-square-mile 3-D seismic survey. <span class="xn-location">Apache</span> recently completed a 244-square-mile 3-D survey over the remainder of the acreage with final processing expected in the first quarter. Ten additional wells are scheduled during 2012.</p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195"><span class="Apple-style-span" style="color:#3333ff;">http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/O97PW1gJ58E/potter-county-texas-oil-and-natural-gas.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/potter-county-texas-oil-and-natural-gas.htmltag:blogger.com,1999:blog-3439643370415773200.post-1939187162126349687Thu, 23 Feb 2012 14:35:00 +00002012-02-23T09:35:00.548-05:00oil wellsOil drillingmidland basin2012Devon Energy Corp. (DVN)wolfcamp shaleTexasWolfcampPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><b>Wolfcamp Shale Update - Devon Energy (DVN)</b></div><div><br /></div><div>Devon Energy (DVN) provides an update on drilling for oil in the <a href="http://oilshalegas.com/wolfcampshale.html"><b><span class="Apple-style-span" style="color:#3333ff;">Wolfcamp Shale</span></b></a> located in the Midland Basin.</div><div><br /></div><div>We only recently began drilling on the 92,000-net-acre Wolfcamp shale position that we have established in the Southern Midland Basin. We brought 4 Wolfcamp Shale horizontal wells online in the fourth quarter, with the best well delivering a 24-hour IP of 935 barrels of oil equivalent per day. The results of our wells, combined with industry results around our position, give us confidence and consistent economic results in this play. We are continuing to fine-tune our drilling and completion techniques and have just finished drilling our first 7,100-foot lateral, which included a 30-stage completion. This well is just starting to flow back. We'll keep you posted and updated on our progress.</div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://oilshalegas.com/wolfcampshale.html"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com/wolfcampshale.html</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/Xk98x7gN59I/wolfcamp-shale-devon-energy-dvn.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/wolfcamp-shale-devon-energy-dvn.htmltag:blogger.com,1999:blog-3439643370415773200.post-4529840435859887893Wed, 22 Feb 2012 19:33:00 +00002012-02-22T14:33:00.279-05:00news2012Whittenburg Basin Playoil fieldTexas Panhandleapaoldham countyapacheGranite WashBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Apache (APA) recently came out and discussed a new emerging oil play in the <a href="http://oilshalegas.com/granitewash.html"><b><span class="Apple-style-span" style="color:#3333ff;">Granite Wash area</span></b></a>. This formation is called the Whittenburg Basin Play and is located in the Texas Panhandle.</div><div><br /></div><div><p><org idsrc="xmltag.org" value="NYSE:APA">Apache Corporation</org> (NYSE, Nasdaq: APA) today reported encouraging results in its exploratory drilling program in the emerging <location>Whittenburg Basin</location> play in the <span class="xn-location">Texas <location>Panhandle</location></span>. Five of six initial vertical tests were completed as oil producers in the Canyon Wash interval. </p><p><span class="xn-location">Apache</span> has leased or purchased approximately 96,000 net acres in the <location>Bivins Ranch</location> area, a 200-square-mile block in <b><span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.harley">Hartley</location></span>, <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.oldham">Oldham</location></span>, <span class="xn-location">Potter</span> and <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.moore">Moore</location></span> counties</b>, and operates all leases, most with 73.5-percent working interests. The block is immediately south of the prolific Panhandle Dolomite field and north of two 25-well Canyon Wash fields.</p><p><location>The Bivins Ranch</location> acreage play is part of <span class="xn-location">Apache</span>'s stepped-up program to explore in underdeveloped areas — beyond existing operations — that can benefit from <span class="xn-location">Apache</span>'s technical expertise and financial capacity. Prior to <span class="xn-location">Apache</span>'s recent activity, just 21 wells were drilled on the block, which is located about 100 miles west of <span class="xn-location">Apache</span>'s <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.ok.anarko">Anadarko</location></span> Basin properties. </p><p>"We are very encouraged that our early results support our geological model. We plan to expand our exploratory program using newly acquired 3-D seismic," said <span class="xn-person"><person value="APIN:4194500517">Robert Johnston</person></span>, <span class="xn-location">Apache</span>'s <location>Central Region</location> vice president. "Advances in horizontal drilling and multi-stage fracture stimulations have greatly improved the economics of drilling in oil and liquids-rich formations across western <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.ok">Oklahoma</location></span> and the <span class="xn-location">Texas <location>Panhandle</location></span>; the wells we have drilled thus far in the <location>Bivins Ranch</location> area have all the ingredients to suggest that these techniques may generate even greater productivity.</p><p>"We are eager to continue to test the acreage, and we plan to commence horizontal development drilling in mid-2012," Johnston said. </p><p><span class="xn-location">Apache</span>'s new producing wells in the <location>Bivins Ranch</location> area include:</p><ul type="disc"><li>The Bivins-LIT 3-2 averaged 1,001 barrels of oil and 839 thousand cubic feet (Mcf) per day from 80 feet of pay during the first 30 days of production. </li><li>The Bivins-LIT 28-2 averaged 315 barrels of oil and 123 Mcf from 140 feet of pay for the first 30 days of production. </li><li>The Bivins-LIT 115-1 averaged 175 barrels of oil and 97 Mcf from 231 feet of net pay for the first 30 days of production. </li><li>The recently completed Bivins-LIT 4-3 has been on production less than a week; it is currently producing 137 barrels of oil and 105 Mcf of gas from 150 feet of pay. </li><li>The Bivins-West 219-2 has averaged 107 barrels of oil and 42 Mcf per day from 50 feet of pay during the first 21 days of production. </li></ul><p><span class="xn-location">Apache</span>'s initial drilling locations were developed using a 64-square-mile 3-D seismic survey. <span class="xn-location">Apache</span> recently completed a 244-square-mile 3-D survey over the remainder of the acreage with final processing expected in the first quarter. Ten additional wells are scheduled during 2012.</p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195"><span class="Apple-style-span" style="color:#3333ff;">http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/P_L-tiYevPo/oldham-county-texas-oil-and-natural-gas.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/oldham-county-texas-oil-and-natural-gas.htmltag:blogger.com,1999:blog-3439643370415773200.post-7542153864151538654Wed, 22 Feb 2012 14:10:00 +00002012-02-22T09:10:00.726-05:00oil wellsOil drillingproduction ratesmidland basindevon energy DVNnewsDevon Energy Corp. (DVN)West texasPermian BasinBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Devon Energy (DVN) is currently drilling for oil in the <a href="http://www.oilshalegas.com/permianbasinoil.html"><b><span class="Apple-style-span" style="color:#3333ff;">Permian Basin</span></b></a>, Midland Basin, and the <a href="http://www.bonespring.com/"><b><span class="Apple-style-span" style="color:#3333ff;">Bone Spring Shale play</span></b></a>. Devon Energy (DVN) is one of the leaders in the Bone Spring Formation.</div><div><br /></div><div>In the <location>Permian Basin</location>, Devon increased oil and natural gas liquids production 22 percent compared to the fourth-quarter 2010. Liquids production accounted for nearly 75 percent of the 53,000 equivalent barrels per day produced in the <location>Permian Basin</location> during the quarter.</div><div><br /></div><div>The company completed eight operated Bone Spring wells within the <location>Permian Basin</location> in the fourth quarter. Initial daily production from the eight wells averaged more than 600 Boe per day per well.</div><div><br /></div><div><b>From the recent conference call - February 2012</b><br /><br />Mark Gilman - The Benchmark Company, LLC, Research Division<br /><br />Okay. My follow-up, Dave, relates primarily to the Bone Springs in the Permian, an area where, in the recent past, results have been pretty good. I wonder if you could update us. I didn't hear you specifically mention Bone Springs activity in your review of the quarter.<br /><br />David A. Hager<br /><br />Well, we've had a number of good Bone Springs wells in the quarter. I think we highlighted, actually, in the earnings release that we had a number of good Bone Springs wells on the order of around 600 barrels a day or so that we achieved out there. I think we had 8 wells average more than 600 barrels per day, 8 operated wells in the fourth quarter that achieved more than 600 barrels a day so we're seeing very good results out there. We see a good inventory of opportunities sitting out there. We estimate we probably have 350 to 400 locations remaining in the Bone Springs just on our existing inventory and will probably drill somewhere around 80 this year. So again, you can see 4- to 5-year inventory of Bone Springs opportunities.<br /><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://www.oilshalegas.com/permianbasinoil.html"><span class="Apple-style-span" style="color:#3333ff;">http://www.oilshalegas.com/permianbasinoil.html</span></a></div><br /><a href="http://www.bonespring.com/"><span class="Apple-style-span" style="color:#3333ff;">http://www.bonespring.com</span></a><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span><br /></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/vpgUy1tu4Rk/devon-energy-dvn-permian-basin-update.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/devon-energy-dvn-permian-basin-update.htmltag:blogger.com,1999:blog-3439643370415773200.post-6641148312035138070Tue, 21 Feb 2012 19:35:00 +00002012-02-21T14:35:00.485-05:00news2012Whittenburg Basin Playoil fieldTexas Panhandleapaapachehartley countyGranite WashBy Tim <span class="Apple-style-span" style="color:#3333ff;">- <a href="http://oilshalegas.com/"><span class="Apple-style-span" style="color:#3333ff;">http://oilshalegas.com</span></a></span><div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div><span class="Apple-style-span" style="color:#3333ff;"><br /></span></div><div>Apache (APA) recently came out and discussed a new emerging oil play in the <a href="http://oilshalegas.com/granitewash.html"><b><span class="Apple-style-span" style="color:#3333ff;">Granite Wash area</span></b></a>. This formation is called the Whittenburg Basin Play and is located in the Texas Panhandle.</div><div><br /></div><div><p><org idsrc="xmltag.org" value="NYSE:APA">Apache Corporation</org> (NYSE, Nasdaq: APA) today reported encouraging results in its exploratory drilling program in the emerging <location>Whittenburg Basin</location> play in the <span class="xn-location">Texas <location>Panhandle</location></span>. Five of six initial vertical tests were completed as oil producers in the Canyon Wash interval. </p><p><span class="xn-location">Apache</span> has leased or purchased approximately 96,000 net acres in the <location>Bivins Ranch</location> area, a 200-square-mile block in <b><span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.harley">Hartley</location></span>, <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.oldham">Oldham</location></span>, <span class="xn-location">Potter</span> and <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.tx.moore">Moore</location></span> counties</b>, and operates all leases, most with 73.5-percent working interests. The block is immediately south of the prolific Panhandle Dolomite field and north of two 25-well Canyon Wash fields.</p><p><location>The Bivins Ranch</location> acreage play is part of <span class="xn-location">Apache</span>'s stepped-up program to explore in underdeveloped areas — beyond existing operations — that can benefit from <span class="xn-location">Apache</span>'s technical expertise and financial capacity. Prior to <span class="xn-location">Apache</span>'s recent activity, just 21 wells were drilled on the block, which is located about 100 miles west of <span class="xn-location">Apache</span>'s <span class="xn-location"><location idsrc="xmltag.org" value="LU/us.ok.anarko">Anadarko</location></span> Basin properties. </p><p>"We are very encouraged that our early results support our geological model. We plan to expand our exploratory program using newly acquired 3-D seismic," said <span class="xn-person"><person value="APIN:4194500517">Robert Johnston</person></span>, <span class="xn-location">Apache</span>'s <location>Central Region</location> vice president. "Advances in horizontal drilling and multi-stage fracture stimulations have greatly improved the economics of drilling in oil and liquids-rich formations across western <span class="xn-location"><location idsrc="xmltag.org" value="LS/us.ok">Oklahoma</location></span> and the <span class="xn-location">Texas <location>Panhandle</location></span>; the wells we have drilled thus far in the <location>Bivins Ranch</location> area have all the ingredients to suggest that these techniques may generate even greater productivity.</p><p>"We are eager to continue to test the acreage, and we plan to commence horizontal development drilling in mid-2012," Johnston said. </p><p><span class="xn-location">Apache</span>'s new producing wells in the <location>Bivins Ranch</location> area include:</p><ul type="disc"><li>The Bivins-LIT 3-2 averaged 1,001 barrels of oil and 839 thousand cubic feet (Mcf) per day from 80 feet of pay during the first 30 days of production. </li><li>The Bivins-LIT 28-2 averaged 315 barrels of oil and 123 Mcf from 140 feet of pay for the first 30 days of production. </li><li>The Bivins-LIT 115-1 averaged 175 barrels of oil and 97 Mcf from 231 feet of net pay for the first 30 days of production. </li><li>The recently completed Bivins-LIT 4-3 has been on production less than a week; it is currently producing 137 barrels of oil and 105 Mcf of gas from 150 feet of pay. </li><li>The Bivins-West 219-2 has averaged 107 barrels of oil and 42 Mcf per day from 50 feet of pay during the first 21 days of production. </li></ul><p><span class="xn-location">Apache</span>'s initial drilling locations were developed using a 64-square-mile 3-D seismic survey. <span class="xn-location">Apache</span> recently completed a 244-square-mile 3-D survey over the remainder of the acreage with final processing expected in the first quarter. Ten additional wells are scheduled during 2012.</p></div><div><br /></div><div><a href="http://blackberrystocks.blogspot.com/"><span class="Apple-style-span" style="color:#3333ff;">http://blackberrystocks.blogspot.com/</span></a></div><br /><a href="http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195"><span class="Apple-style-span" style="color:#3333ff;">http://investor.apachecorp.com/releasedetail.cfm?ReleaseID=649195</span></a></div><br /><br /><body bgcolor="#FFFFFF" ondragstart="return false" onselectstart="return false" oncontextmenu="return false">http://feedproxy.google.com/~r/HaynesvilleShale-Updates-News/~3/VaMmuGRQFtE/harley-county-texas-oil-and-natural-gas.htmlnoreply@blogger.com (Tim)http://blackberrystocks.blogspot.com/2012/02/harley-county-texas-oil-and-natural-gas.html