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Is Shell looking to sell its stake in Haynesville shale?

shell

Marissa Hall | Shale Plays Media Royal Dutch Shell is looking to sell its 50 percent stake in Haynesville, and the private-equity firm Blackstone Group LP is looking to buy. Oil and gas investments are popular among private-equity firms for the lucrative nature. Blackstone, led by billionaire Stephen Schwazman, has made investments in refineries and offshore drilling projects, but only ...

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Vice News documents Mexican oil workers combating pipeline siphoning (VIDEO)

John Deede | Shale Plays Media Google+ The drug cartels that have been flourishing in recent years in Mexico have been diversifying their illicit portfolio by stealing from Pemex, the state-run oil and gas company. Oil theft has risen 1,548% since 2000 and is a continual problem for pipeline maintenance personnel. Vice News Founder Suroosh Alvi went to Mexico to get a ...

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Glaive Software provides more than directions for drilling

glaive

Directional drilling is the driving force that made the current oil and gas boom possible. It allows the ability to drill multiple wells horizontally across a formation, in different directions from one site, and tap into a wealth of oil and gas has reduced costs and maximized profits. Drill Right, an Oklahoma-based oilfield services company, is making leaps and bounds ...

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Severe ND wastewater violation still not resolved

wells

Lydia Gilbertson | Shale Plays Media Two years ago Halek Operating ND LLC of Dickinson, North Dakota dumped over 800,000 gallons of oilfield wastewater into a inactive oil well threatening the city’s drinking water supply.  The state charged the company with a $1.5 million fine. The company, now dissolved, has not paid the fine and the site remains contaminated. Various environmentalist ...

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Colorado judge strikes down fracking ban

Zach Koppang | Shale Plays Media For the second time in two weeks, a Colorado district judge has struck down a voter-approved moratorium on hydraulic fracturing, the Denver Business Journal reports. The Colorado Oil and Gas Association (COGA) sued the city of Fort Collins, Colo., after voters approved a five year stay on drilling operations within the city in November ...

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Wind energy is another notch in the belt of Texas achievement

Zachary Toliver | Shale Plays Media Most realize the Lone Star State is number one in American petroleum production. Yet Texas has another somewhat unknown title in the world of energy production. According to a report from the American Wind Energy Association, Texas produces the highest amount of electricity from wind in the nation, and it wins by a substantial ...

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U.S. hopes to slow extremist takeover with military action 

Zachary Toliver | Shale Plays Media In an attempt to slow the pace of Islamic extremists now commonly known as the Islamic State, the U.S. implemented two airstrikes outside the Northern Iraq city of Irbil. The Washington Post reports that President Obama authorized two military strikes Friday against Sunni militants as they attempted to advance on the Kurdish capital. The ...

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Republican state senator revives Pa. extraction tax talk

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Shane Thielges | Shale Plays Media Pennsylvania’s state senator Robert “Tommy” Tomlinson has reintroduced the concept of a natural gas extraction tax as part of his platform for a reelection bid, StateImpact reports. His plan would see all revenue generated by the tax used to reduce the state’s unfunded public pension costs, which stand at almost $50 billion. Extraction taxes, ...

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