Blogs

8th November 2011

Barnett Shale and Mineral Rights Sale

Posted by blogwriter

The Barnett Shale, one of the largest gas fields in the country, is slowly but surely being developed to provide an abundant supply of natural gas.

If you own property in the field, in most circumstances you also own the mineral rights. If, however, a previous landowner reserved the minerals rights -- or even a portion of them -- your share is diminished or nonexistent. Read more »

5th November 2011

Wyoming Seeks Gas Royalties

Posted by blogwriter

Wyoming is looking to get its fair share of royalty payments on natural gas that is burned off from oil wells while petroleum companies figure out how to exploit an oil-bearing formation deep beneath the eastern part of the state.

A public meeting in Casper on Monday November 7, 2011 will bring together staff of the Wyoming Oil and Gas Conservation Commission and Office of State Lands and Investments to talk about the practice of flaring gas from oil wells on state land. Read more »

3rd November 2011

Cheasapeake Enters into Agreement on Marcellus Shale

Posted by blogwriter

Enterprise Products Partners L.P and Chesapeake Energy Corporation today November 2, 2011 announced they have entered into a long-term contract whereby Chesapeake would anchor Enterprise’s proposed long-haul ethane pipeline from the Marcellus and Utica shale regions in Pennsylvania, West Virginia and Ohio to the U.S. Gulf Coast. Read more »

1st November 2011

Oil Prices Drop

Posted by blogwriter

World oil prices retreated further on Monday October 31, 2011, in line with the strong dollar and sliding stock markets, as investor enthusiasm waned over last week's eurozone debt deal, analysts said.

New York's main oil contract, light sweet crude for delivery in December, dived $1.30 to $92.02 a barrel.

Brent North Sea crude for December dropped $1.38 to $109.53 a barrel in London late afternoon trade. Read more »