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Texas High Court Holds Drilling Across Tracts Not Trespass

On May 19, the Texas Supreme Court issued a unanimous decision in which the court held an oil and gas producer does not commit a trespass of the mineral estate if the company obtains permission…

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Oxy Tests Supertanker at Port of Corpus Christi

A mammoth tanker docking May 26 at the Port of Corpus Christi was a historic event and a successful test. A 1,093-foot-long EuroNav tanker named the Anne docked at Occidental Petroleum Corp.’s crude oil export…

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Lonestar Resources Acquires Eagle Ford Properties for $115M

Lonestar Resources is significantly adding to its assets in the Eagle Ford Shale with the help of a Houston investment company. The Fort Worth-based producer announced Tuesday that it has reached agreements to acquire properties…

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Infamous Three Mile Island is Latest Casualty of Shale Boom

Competition from cheap natural gas has claimed another U.S. nuclear power plant in a state that has balked at government aid for financially ailing reactors. Exelon Corp.’s Three Mile Island reactor near Harrisburg, Pennsylvania, site…

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WSJ: Permian Nat Gas Output Surging, Could Add to Glut

The oil-rich Permian Basin is emerging as a major source of new natural gas, a development that could deepen an existing glut and pressure gas prices for years. The West Texas region has become the…

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Natural Gas Makes a Comeback in the Eagle Ford Shale

Natural gas has been something of a stepchild in the 400-mile Eagle Ford Shale oil field, but it’s having a moment. With Mexico’s natural gas production on the decline — even as Mexican demand for…

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