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Breaking News of the latest trends in Oil and Gas Production

Investors are in for a wild , RICH ride !


American oil investors are in for a wild, rich ride In this wildcatting decade, oil exploration stock investors need to be nimble to get the best returns. Follow the exploration companies and watch where you play. During the last energy ...

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Texas boasts the two most active drilling spots in the world !!


The number of rigs exploring for oil and gas in South Texas’ Eagle Ford Shale increased by five this week to 218, according to a weekly count by Houston-based oilfield services giant Baker Hughes. Texas — the state with the largest number ...

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How the Industry PROTECTS Groundwater during Hydraulic Fracturing !


  At Aschere Energy, we believe the risk associated with well operations, including those involving horizontal drilling and hydraulic fracturing, is very low, yet it is important for us to effectively manage these risks.   We are confident in our ...

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Midwest in a “Sand Rush” as demand for Fracking material rises .


    It s not a gold rush, but a sand rush that is taking place in the Midwest, A rare type of sand used in the energy extraction process known as hydraulic fracturing is exclusively found in the Midwest. (see ...

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US reportedly relaxing ban on crude oil exports.


The United States is relaxing a decades-long policy that has largely prohibited exports of unrefined American crude oil The move effectively loosens a ban on exports that have been in place for nearly 40 years, brought in at the height ...

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Eagle Ford helps drive U.S. crude exports to 15-year high!


U.S. crude oil exports are at their highest level in 15 years due to rising production from fields like the Eagle Ford Shale. The U.S. exported 268,000 barrels per day of crude oil in May, according to a report released ...

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Drilling Beyond the Eagle Ford


The Eagle Ford Shale is more than just the Eagle Ford. Operators in South Texas are drilling into other rock formations, taking horizontal turns — and in some cases getting big results. While the Eagle Ford appears to be the ...

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Eagle Ford will make 1.4 million barrels daily in July!


The U.S. Energy Information Administration expects that the Eagle Ford Shale will produce 1.429 million barrels of crude oil and other liquids daily in July 2014. It’s a gain of around 24,000 daily barrels over June production, according to the EIA’s ...

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Canadian Company pays $3 Billion to enter the Eagle Ford !!


Encana, Canada’s largest natural gas producer, has entered a deal with Freeport-McMoRan Oil & Gas to purchase Eagle Ford shale assets for $3.1 billion. The buy was spurred by Encana’s strategy to reduce its dependence on natural gas and refocus ...

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Eagle Ford to Rival ALASKA’s North Slope Output by 2020 !!


Eagle Ford Shale crude and condensate production in 2020 will rival Alaska’s entire North Slope field at its peak, hitting an estimated 2 million b/d, according to an analysis by Wood Mackenzie Ltd. And it’s not the only development that’s ...

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