Fuel Fix

(Photographer: Eddie Seal, Bloomberg)

Magnum Hunter shares could be de-listed, NYSE says

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A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.

Magnum Hunter shares could be de-listed, NYSE says

on
(Photographer: Eddie Seal, Bloomberg)
A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.
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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.

Eagle Ford royalty interests up for sale

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Pizzitola Resources Inc said it is selling producing royalty interests in Dimmit County, part of the oil and condensate window of the Eagle Ford Shale. It has retained E-Spectrum Advisors LLC, an affiliate of Energy Spectrum Advisors Inc., to sell the royalty interests. The package include an average 1 percent overriding royalty interest across 29,588 […]
Categories: Uncategorized

Swift announces Eagle Ford well results

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Swift Energy Co. announced it has tested three new Eagle Ford Shale wells in the Fasken area in Webb County. The Fasken BD 14H, 15H and 16H were recently completed with an average initial production rate of 22.1 million cubic feet of gas per day, the company said. Swift also completed three new Eagle Ford […]
Categories: Uncategorized
(AP Photo/Skagit Valley Herald, Scott Terrell)

New York calls for federal spill response plans amid rail accidents

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New York officials asked the Environmental Protection Agency on Monday to update a contingency plan for dealing with oil spills amid the rapid expansion of rail shipments of crude oil from North Dakota across New York to coastal refineries.
Categories: Politics/Policy, Rail
(AP Photo/J. Scott Applewhite)

Natural gas exports get scrutiny on Capitol Hill

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The spotlight is trained on natural gas exports Tuesday as three congressional committees and the full Senate debate whether to send send more of the fossil fuel overseas.
Categories: LNG, Markets, Politics/Policy
(Matthew Lloyd/Bloomberg)

Kremlin partnership places BP at risk in Russia crisis

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No business has as much at stake as BP Plc, as the crisis in the West’s relations with Russia escalates.
Categories: Politics/Policy
Image: Fotolia

Mexico detains oil executive for possible fraud

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Mexican authorities have detained the owner of a Mexican oil services company who allegedly defrauded Citigroup of up to $400 million and may have used his professional soccer team to launder money, a top official said Monday.
Scooter Foreman, left, Apache Corp. water development foreman; Armando Galvan, pumper; and Grant DeFosse, senior staff production engineer, inspect a valve on the system of hoses and pipes that moves water around the Barnhart area in Irion County, Texas. Apache has eliminated the need for fresh water in well completions at Barnhart, an active area for development of the Wolfcamp Shale in West Texas. (Apache Corp.)

A dash of saltwater could make fracturing more palatable

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In a part of Texas where freshwater is especially precious, some oil and gas producers are learning to do without it in their hydraulic fracturing.