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Eagle Ford Overview: Part IV-Conclusion
Hart Energy, the publisher of “E & P” magazine, recently released their “Eagle Ford Techbook” which includes an excellent article by Richard Mason entitled “The Eagle Ford Shale, Energy Titan of the Southwest”. I have posted some of the information contained in the Techbook in general, and Mason’s article, in particular. I have also injected… Read More
Controversy “Flares” in North Dakota
“Rigzone” reports that the North Dakota Industrial Commission is taking testimony this week regarding a proposal to cut back on the state’s rapidly expanding oil development and production as a means of limiting the amount of gas that is being flared. Virtually all oil wells produce a mixture of salt water, oil and natural gas… Read More
Energy Security
A recent article in “Rigzone” discussed the link between energy security and foreign policy. Commentaries by industry experts, analysts and leaders were featured and all were insightful and provocative. However, I found the remarks of Occidental Petroleum’s Ed Djerejian especially interesting. Djerejian is the founding chairman of Rice University’s Baker Institute and recently addressed the… Read More
Small Companies Anticipate an Improving Natural Gas Market
According to a recent article in “Rigzone”, severe winter weather resulted in natural gas stockpiles at their lowest levels since 2003. Small energy companies see this as a harbinger of higher prices and increased profitability. Swift Energy Company is already seeing improved financial performance by its properties in the Eagle Ford Shale in South Texas. … Read More
I read about natural gas selling around $5.00… So why does my royalty check show less?
The natural gas price you read in the news is the price paid at what is called “Henry Hub” which is the central gathering point in South Louisiana that establishes the “Base Price” for natural gas sold in the United States. All natural gas is priced at this “Index Price” LESS transportation (pipeline costs) and… Read More
