Sunday, January 19, 2025

gas

Benson

TOP MINDS IN THE BUSINESS: Bruce Benson, President of the University of Colorado

University of Colorado President Bruce Benson Bruce Benson has served as the President of the University of Colorado (CU) for the past 7 years, making him the longest-serving CU president in more than half a century. During his time at the helm of one of the nation’s top-tier universities, CU’s research funding has reached record levels, supporting the university’s research

Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

The New Top 100 Oil & Gas Fields in the U.S.

Eagle Ford fields rank in top ten now, didn’t crack the top 100 in 2009 For the first time since 2009, the Energy Information Administration (EIA) published its report on the top 100 oil and gas fields in the United States. On the oil side, the report shows that the top 100 oil fields in 2013 accounted for 56% of

Range Resources Sets Company Production Volume Record in Third Quarter Earnings Release

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk, development drilling opportunities. The Company is headquartered in Fort Worth, Texas. Range Resources announced

Penn Virginia Touts Increased Production Guidance and Oil Growth in Third Quarter Earnings Release

Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania. PVA announced its third quarter 2013 results on October 30, 2013. Product revenues increased 11% to $121.6 million from $109.7 million in Q2’13. Oil

CARBO Ceramics Reports Revenue Increase of 33% in Q3’13 Results

CARBO Ceramics Inc. (ticker: CRR) is the world’s largest supplier of ceramic proppant for fracturing oil and gas wells and a supplier of resin-coated sand proppant; the provider of the industry’s most widely used fracture simulation software; and a provider of fracture design and consulting services. The company also provides a broad range of technologies for spill prevention, containment and

Pioneer Natural Resources Sells Alaska Subsidiary for $550 Million, Shifts Focus to Core Wolfcamp Assets

Pioneer Natural Resources Company (ticker: PXD) is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. Pioneer is one of the most active drillers in Texas’ Spraberry/Wolfcamp oil field in the Permian Basin and the Eagle Ford Shale play in South Texas. Its natural gas operations focus on the

South Korea Latest Country to Stray From Nuclear Power

South Korea, Asia’s fourth-largest economy, is struggling with recurring energy supply shortages. Despite the issue, country officials pledged to drastically scale back nuclear power at the World Energy Congress meeting on October 13, 2013. Nuclear energy accounted for 26.4% of power generation capacity in 2012, and was expected to reach 41% by the year 2035. The revised plans, despite the

Bam! It’s Earnings Season Again – Q3’13 Estimates

EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 182 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending September 30, 2013, is $0.33 per share compared to actual earnings per share of $0.30

California Fracing Bill Could Slow Monterey Shale Production

On September 11, 2013, the California Assembly passed a law attempting to regulate fracing in the state’s Monterey shale. The bill, listed as Senate Bill 4 (SB 4), will go into effect on January 1, 2015. SB 4 will require companies to apply for a fracing permit, disclose what chemicals and well stimulation fluids they were using, and notify local

Saratoga Resources Adds Gulf of Mexico Leases Following Zeke Well Test Results

Saratoga Resources Inc. (ticker: SARA) is an oil and gas exploration and production company concentrating on abundant, low-risk drilling opportunities located in the transition zone off the coast of Louisiana. In some places, including the company’s Grand Bay field, approximately 64 stacked pay sands exist with wells that have been producing for over 50 years. SARA currently owns and operates

Eagle Ford Focused Aurora Oil & Gas Limited Adds to Reserves; Increases Borrowing Base by 50%

Aurora Oil & Gas Limited (ticker: AEF and AUT) is a Perth- and Houston-based oil and liquids company with operations in the Eagle Ford Shale trend of South Texas. Aurora has 88,800 gross (22,000 net) acres in the “tri-county” area of Karnes, Live Oak and Atascosa Counties, Texas. Douglas E. Brooks, Chief Executive Officer of Aurora, recently presented at EnerCom’s