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Eagle Ford Shale generated more than $25B in revenue for South Texas in 2011
Eagle Ford Shale generated more than $25B in revenue for South Texas in 2011

Texas Business reports:  Development of oil and natural gas in the Eagle Ford Shale contributed $25 billion in total economic output to the region in 2011, according to a study released by the Center for Community and Business Research at The University of Texas at San Antonio Institute for Economic Development.

 Full Story »
TexasBusiness.com

Apache Completes Cordillera Energy Partners III, LLC Acquisition

Texas Business reports: HOUSTON—Apache Corporation  completed its previously announced acquisition of Cordillera Energy Partners III LLC, a privately held company with operations and acreage across the prolific Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle.

 Full Story »
TexasBusiness.com

Apache Completes Cordillera Energy Partners III, LLC Acquisition

Texas Business reports: HOUSTON—Apache Corporation completed its previously announced acquisition of Cordillera Energy Partners III  LLC, a privately held company with operations and acreage across the Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle. 

 Full Story »
TexasBusiness.com

Comstock Resources Completes Oil and Gas Property Divestitures

Texas Business reports: FRISCO, Texas—Comstock Resources Inc. completed the previously announced divestiture of certain oil and gas properties located in Tyler and Polk counties in South Texas and Lincoln Parish in North Louisiana.

 Full Story »
TexasBusiness.com

Rice University chemical engineering students’ plan would make Chinese gas ‘green’ and profitable   | hou_txbz, shale gas, China, CHBE, Pandas,
Rice University chemical engineering students’ plan would make Chinese gas ‘green’ and profitable
Texas Business reports: Rice University chemical engineering students designed an environmentally friendly process for turning shale gas extracted from China’s Sichuan Basin into a range of profitable products.  Full Story »
TexasBusiness.com

Atwood Oceanics Reaches Contract for the Atwood Hunter

Texas Business reports:  HOUSTON—An Atwood Oceanics Inc.’s subsidiary won a drilling services contract by a subsidiary of Noble Energy Inc. for the Atwood Hunter for three firm wells with a minimum total duration of 150 days plus one option well.

 Full Story »
TexasBusiness.com

NASA Satellite Measurements Imply Texas Wind Farm Impact On Surface Temperature

 Texas Business reports:  A Texas region containing four of the world's largest wind farms showed an increase in land surface temperature over nine years that researchers have connected to local meteorological effects of the turbines.

 Full Story »
TexasBusiness.com

ALEC and ExxonMobil Push Loopholes in Fracking Chemical Disclosure Rule
The conservative nonprofit group ALEC has pushed industry-backed model legislation that lets oil and gas companies muddy the waters on disclosure of fracking chemicals. Full Story »
Cora Currier for ProPublica

FMC Technologies Completes Acquisition of Schilling Robotics

Texas Business reports:  HOUSTON—FMC Technologies Inc. acquired the remaining 55% of the outstanding shares of Schilling Robotics LLC.

 Full Story »
TexasBusiness.com

Aztec Announces Agreement for More Than 100 New Wells

Texas Business reports:  HOUSTON—Aztec Oil & Gas Inc. announced that Aztec Drilling & Operating LLC, the turnkey operator for all Aztec partnerships, signed a contract for the drilling of more than 100 additional wells with working interest partner and field contract sub-operator, Texas Secondary Oil Company (TSOC).

 Full Story »
TexasBusiness.com

ABCs of Radioactive Waste in West Texas   | hot potato,radioactive waste, waste control,

Waste Control Specialists employees dispose of low-level radioactive waste at a facility in Fernalt, Ohio. A new low-level radiation landfill run by WCS will soon open in Andrews County. WCS Photo.
ABCs of Radioactive Waste in West Texas

In a sparsely populated corner of West Texas near the New Mexico border, a private company has spent hundreds of millions of dollars to build the nation’s newest radioactive waste disposal facility. 

 Full Story »
By David Barer For Reporting Texas

The EPA’s First Fracking Rules — Limited and Delayed

 The Environmental Protection Agency issued the first-ever national air pollution regulations for fracking on Wednesday. First proposed in July 2011, the final rules have been welcomed by environmental groups as a much-needed initial move in reducing pollution and protecting public health from the toxic chemicals involved in the oil and natural gas drilling process. But many cautioned it was just a first step.

 Full Story »
Lena Groeger for ProPublica

Deepwater Horizon Natural Resource Trustees Announce Major Progress in Gulf Restoration Effort

Texas Business reports:  An estimated $60 million in early restoration projects soon will begin along the Gulf Coast following the nation’s largest oil spill, the Deepwater Horizon Natural Resource Damage Assessment (NRDA) Trustee Council announced.

 Full Story »
TexasBusiness.com

Delta Seaboard International, Inc. and American International Industries, Inc. Sell Delta Seaboard Well Service, Inc.

Texas Business reports:  HOUSTON and KEMAH, Texas—Delta Seaboard International Inc. and American International Industries Inc. sold Delta's wholly-owned subsidiary, Delta Seaboard Well Service, Inc. to Delta Seaboard LLC, ( Delta LLC) an entity controlled by Delta president Robert Derrick, Jr. and Delta vice president Ron Burleigh.

 Full Story »
TexasBusiness.com

San Antonio's NuStar Wins $36.3 Million Military Fuel Contract

Texas Business reports:  A San Antonio firm won a $36.3 million military aviation fuel contract, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

French Firm Acquires Houston’s TH Hill

Texas Business reports:  HOUSTON—Bureau Veritas signed an agreement to acquire TH Hill, a worldwide leader in oil & gas drilling failure prevention and analysis services. The transaction is expected to be completed in April, upon clearance by the relevant authorities.

 Full Story »
TexasBusiness.com

To Bring One Gas Well Into Production Requires 1200 Loaded Trucks

Texas Business reports:  AUSTIN - Nearly 1,200 loaded trucks are needed to bring just one gas well into production— the traffic equivalent to roughly 8 million cars.

 Full Story »
TexasBusiness.com

Chevron Phillips Chemical To Expand the NGL Fractionation Unit at the Sweeny Plant in Old Ocean, Texas

Texas Business reports:  THE WOODLANDS, Texas—Chevron Phillips Chemical Company LP will expand the Natural Gas Liquids  Fractionator Complex at its Sweeny Plant in Old Ocean, Texas.

 Full Story »
TexasBusiness.com

UTSA to release in April a full study on Eagle Ford Shale housing needs   | sanant_txbz, Eagle Ford Shale,
UTSA to release in April a full study on Eagle Ford Shale housing needs

Texas Business reports:  SAN ANTONIO—The UTSA College of Architecture and UTSA Institute for Economic Development (IED) will jointly release to the public in April the full version of a long-anticipated Eagle Ford Shale housing study.

 Full Story »
TexasBusiness.com

TETRA Technologies Acquires Optima Solutions In $62 Million Deal   | Tetra, Optima, UK, rig cooling,
TETRA Technologies Acquires Optima Solutions In $62 Million Deal

Texas Business reports: THE WOODLANDS—TETRA Technologies Inc.’s subsidiary, TETRA Investments Company U.K. Limited, acquired Optima Solutions Holdings Limited ( Optima ) for GBP 40 million (approximately $62.7 million equivalent) plus contingent consideration to be paid in the future depending on profitability.

 Full Story »
TexasBusiness.com

AETI Acquires Amnor Technologies

 Texas Business reports:  HOUSTON—American Electric Technologies Inc., a supplier of power delivery solutions for traditional and renewable energy industries, acquired the technology of Amnor TechnologiesInc. of Shepherd, Texas.

 Full Story »
TexasBusiness.com

Drilling Info Receives $165 Million Investment Led by Insight Venture Partners

Texas Business reports:  AUSTIN—Insight is leading a $165 million equity investment in Drilling Info, the Austin-based data intelligence provider to the oil and gas industries.  

 Full Story »
TexasBusiness.com

Lufkin Industries Completes $127 Million Acquisition of Zenith Oilfield Technology
Texas Business reports:  LUFKIN—Lufkin Industries Inc.  completed its acquisition of Zenith Oilfield Technology Ltd  for 81.1 million pounds Sterling (US$127.3 million) net of acquired cash after closing adjustments.   Full Story »
TexasBusiness.com

LINN Energy Buys $175 Million Properties in East Texas

Texas Business reports:  HOUSTON—LINN Energy LLC, signed a definitive purchase agreement to acquire properties located in East Texas for a contract price of $175 million, subject to closing conditions.

 Full Story »
TexasBusiness.com

Cabot Oil & Gas Corporation Form Joint Venture Pipeline

Texas Business reports: HOUSTON—Cabot Oil & Gas Corporation will undertake a joint venture with Williams Partners LP to develop and construct a large diameter pipeline, specifically designed to transport Cabot's Marcellus production to both the New England and New York markets.

 Full Story »
TexasBusiness.com

UT Arlington Receives $4 Million Worth Of Seismic Software

Texas Business reports:  Global information and analytics provider IHS has granted a software license worth an estimated $4.4 million over three years to UT Arlington’s Department of Earth and Environmental Sciences, giving students and professors access to the latest in petroleum industry technology.

 Full Story »
TexasBusiness.com

Blue Dolphin Acquires Lazarus Energy

Texas Business reports:  HOUSTON—Blue Dolphin Energy Company, an independent oil and gas company,  closed its acquisition of Lazarus Energy LLC. 

 Full Story »
TexasBusiness.com

Copano To Build $120 Million Pipeline Expansion in Eagle Ford Shale

Texas Business reports:  HOUSTON—Copano Energy LLC will extend its wholly-owned 96-mile, 24-inch DK Pipeline in the Eagle Ford Shale play by adding approximately 65 miles of 24-inch pipeline southwest into McMullen County, Texas, which will allow Copano to access significant new Eagle Ford volumes. 

 Full Story »
TexasBusiness.com

Atwood Oceanics Wins Contract for the Atwood Beacon

Texas Business reports: HOUSTON—A subsidiary of Atwood Oceanics Inc. won a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon.

 Full Story »
TexasBusiness.com

Researchers Discover Potential Key to Lowering Energy Costs of Cell Phones and Data Centers

Texas Business reports:  AUSTIN, Texas — A systematic analysis of power usage in microprocessors could help lower the energy consumption of both small cellphones and giant data centers, report computer science professors from The University of Texas at Austin and the Australian National University.

 Full Story »
TexasBusiness.com

Uranium Energy Corp Completes Sale of Uranium

Texas Business reports:  CORPUS CHRISTI—Uranium Energy Corp completed a second uranium sale which will be reflected in the company's upcoming fiscal 2012 Q2 report. 

 Full Story »
TexasBusiness.com

Pinnacle Propane Acquires Marble Falls Propane Provider

Texas Business reports: IRVING—Pinnacle Propane LLC, a provider of propane and refined fuels in the southwestern United States, acquired Bill Smith Butane of Marble Falls, Texas. 

 Full Story »
TexasBusiness.com

Global NuTech Acquires Texas Gulf Oil and Gas

Texas Business reports:  HOUSTON—Global NuTech  Inc. acquired 100% of the stock of Houston-based Texas Gulf Oil & Gas Inc.

 Full Story »
TexasBusiness.com

Quarterly Energy Update—Fourth Quarter 2011

Texas Business reports:  2011 continued the upward trend in oil prices, according to the Federal Reserve Bank of Dallas.


 Full Story »
TexasBusiness.com

Uranium Energy Corp to Acquire Cue Resources Ltd.

Texas Business reports:  CORPUS CHRISTI, Texas & VANCOUVER, BC—Uranium Energy Corp. and Cue Resources Ltd reached an agreement in which UEC will acquire all of the outstanding common shares of CUE.


 Full Story »
TexasBusiness.com

Houston Firm Wins $65.9 Million Fuel Contract

Texas Business reports:  A Houston firm won a $65.9 million contract for aviation fuel, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

enXco Acquires Texas Wind Development Assets From Cielo Wind Power   | aust_txbz, Cielo, wind power, Tristan Grimbert, Walter Hornaday,
enXco Acquires Texas Wind Development Assets From Cielo Wind Power

Texas Business reports:  AMARILLO—enXco, an EDF Energies Nouvelles Company, and Cielo Wind Power LP announced that enXco signed a purchase agreement to acquire from a Cielo affiliate the development assets for the Spinning Spur Wind Project.


 Full Story »
TexasBusiness.com

Global NuTech Signs LOI to Acquire Texas Gulf Oil and Gas

Texas Business reports:  HOUSTON—Global NuTech Inc. signed a letter of intent to acquire Texas Gulf Oil & Gas Inc, located in Houston. 

 Full Story »
TexasBusiness.com

Mercuria Launches Pipeline-by-rail on the Panhandle Northern Railway   | amar_txbz, PNR, Panhandle Northern Railway, Borger, Mercuia, oil, crude oil,
Mercuria Launches Pipeline-by-rail on the Panhandle Northern Railway

Texas Business reports:  BORGER—Mercuria Energy Trading Inc., based in Chicago, has developed a terminal to ship crude oil on the Panhandle Northern Railway (PNR), which operates on 31 miles of track between the towns of Panhandle and Borger, Texas.


 Full Story »
TexasBusiness.com

Energy Transfer Partners Closes $2.85 Billion Propane Deal

Texas Business reports:  DALLAS—Energy Transfer Partners LP closed its previously announced agreement with AmeriGas Partners LP to sell its propane operations, consisting of Heritage Operating LP and Titan Energy Partners LP in exchange for approximately $2.85 billion.


 Full Story »
TexasBusiness.com

VHGI Holdings Signs Multi Year Coal Supply Agreement by Major Utility and The Lily Group
Texas Business reports:  FORT WORTH—VHGI Holdings Inc. announced that Indianapolis Power & Light (IPL), a subsidiary of AES Corp. has entered into a definitive agreement to purchase coal over 3 years from the Lily Group. Full Story »
TexasBusiness.com

VHGI Holdings To Buy Producing Coal Mining Company with Operations in Indiana

Texas Business reports:  FORT WORTH—VHGI Holdings Inc.’s wholly-owned subsidiary, VHGI Coal Inc. agreed to buy all of the capital stock of Lily Group Inc.  from Paul R. Risinger, the sole shareholder of Lily Group. 


 Full Story »
TexasBusiness.com

Ferrellgas Acquires Rio Grande Valley Gas in Southeast Texas

Texas Business reports:  OVERLAND PARK, Kan.—Ferrellgas Partners LP, a propane retailers, acquired Rio Grande Valley Gas Inc. of Edinburg, Texas.


 Full Story »
TexasBusiness.com

Costar Midstream Buys East Texas Gathering Systems and Processing Plants

Texas Business reports:  DALLAS—Costar Midstream LLC acquired more than 500 miles of natural gas gathering pipelines, three cryogenic gas processing plants and associated compression and treating assets located in East Texas in a four county area near Longview.

 Full Story »
TexasBusiness.com

Pioneer Drilling Acquires Go-Coil LLC For $10 Million

Texas Business reports:  SAN ANTONIO—Pioneer Drilling Company acquired Go-Coil LLC, a Louisiana limited liability company for approximately $110 million in cash.  

 Full Story »
TexasBusiness.com

Oceaneering Wins BP Angola Contract

Texas Business reports: HOUSTON—Oceaneering International Inc. won a three-year Field Support Vessel Services contract from BP PLC.

 Full Story »
TexasBusiness.com

Glori Energy Expands Into Brazil

Texas Business reports: HOUSTON—Glori Energy signed a field implementation contract with Brazil's Petrobras. 

 Full Story »
TexasBusiness.com

Newfield Announces Uinta Basin Crude Oil Supply Agreement
Texas Business reports:  THE WOODLANDS—Newfield Exploration Company signed a crude oil supply agreement with HollyFrontier Corporation to provide 20,000 barrels per day of supply capacity at HollyFrontier's Woods Cross, Utah, refinery.
 Full Story »
TexasBusiness.com

Oilfield Instrumentation and Advanced Building Services Open Second Service Facility in Eagle Ford Region

Texas Business reports:  HOUSTON—Oilfield Instrumentation (OI), which provides real-time drilling instrumentation and engineering laboratories, and sister company Advanced Building Services (ABS), a provider of custom well-site accommodations, will open its second service center in the Eagle Ford shale fields January 15. 

 Full Story »
TexasBusiness.com

Copano Energy and Magellan Midstream Form Joint Venture to Deliver Eagle Ford Shale Condensate to Corpus Christi

Texas Business reports:  HOUSTON and TULSA, Oklahoma—Copano Energy LLC and Magellan Midstream Partners LP formed a joint venture to deliver Eagle Ford Shale condensate to Corpus Christi.

 Full Story »
TexasBusiness.com

Western Refining Closes on Sale of Assets and Completes Redemption of All Outstanding Senior Secured Floating Rate Notes

Texas Business reports: EL PASO—Western Refining Inc. closed on the sale of its Yorktown, Virginia facilities and a segment of its crude oil pipeline in southeast New Mexico to Plains Marketing LP and Plains Pipeline LP, both subsidiaries of Plains All American Pipeline LP, for approximately $220 million.


 Full Story »
TexasBusiness.com

EnerJex Forms General Partnership to Drill Up to 150 New Wells

Texas Business reports:  SAN ANTONIO—EnerJex Resources Inc., a domestic onshore oil company,   formed a general partnership named "Rantoul Partners" in order to develop the company's Rantoul Project assets located in Eastern Kansas. 

 Full Story »
TexasBusiness.com

CVR Energy Completes Acquisition of Wynnewood, Okla., Refinery

Texas Business reports:  Sugar Land—CVR Energy Inc completed its acquisition of Gary-Williams Energy Corporation and its Wynnewood, Okla., refinery and related assets.

 Full Story »
TexasBusiness.com

New Braunfels Firm Wins $1 Billion Federal Aviation Fuel Contract

Texas Business reports:  A New Braunfels firm won a $1 billion federal aviation fuel contract, the U.S. Department of Defense announced.


 Full Story »
TexasBusiness.com

Houston Firm Wins $99.8 Million Military Fuel Contract

Texas Business reports:  A Houston firm won a $99.8 million contract for military fuel, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

The University of Texas at Austin Expands Its Professional Land Management Training Program to Oklahoma

 Texas Business reports:  AUSTIN—Starting in February 2012, the Petroleum Extension Service, a component of the Division of Continuing and Innovative Education at The University of Texas at Austin, expands its Professional Land Management Certificate Program to Oklahoma City.

 Full Story »
TexasBusiness.com

Gujarat State Petronet Limited Selects Energy Solutions International for Gas Pipeline Project

Texas Business reports:  HYDERABAD, India—Houston-based Energy Solutions International (ESI) announced that Gujarat State Petronet Limited (GSPL) decided to expand its deployment of PipelineStudio. 

 Full Story »
TexasBusiness.com

Rice University's functionalized graphene oxide plays part in next-generation oil-well drilling fluids   | hou_txbz, Rice University, James Tour, graphene, graphene oxide, SWACO, M-1,
Rice University's functionalized graphene oxide plays part in next-generation oil-well drilling fluids

Texas Business reports:  Graphene's star is rising as a material that could become essential to efficient, environmentally sound oil production. Rice University researchers are taking advantage of graphene's outstanding strength, light weight and solubility to enhance fluids used to drill oil wells. 

 Full Story »
TexasBusiness.com

Atwood Oceanics Wins Contract for the Atwood Aurora

Texas Business reports:  HOUSTON—ATWOOD OCEANICS INC., announced one of its subsidiaries won a drilling services contract by a subsidiary of Bowleven PLC for the Atwood Aurora. 

 Full Story »
TexasBusiness.com

VHGI Holdings Inc. Extends Letter of Intent to Purchase Producing Coal Mine Operation in Indiana in order to Secure Consents

Texas Business reports:  FORT WORTH—VHGI Holdings Inc.’s wholly-owned operating company, VGHI Coal Inc., extended its binding letter of intent until January 30, 2012, to purchase, an Indiana-based company whose sole operations consists of operating a coal mine in Indiana. 

 Full Story »
TexasBusiness.com

Forbes Energy Services to Sell Mexico Business For $30 Million

Texas Business reports: ALICE—Forbes Energy Services Ltd.  and certain of the company's subsidiaries entered into a purchase agreement with Dirivera Investments LLC and RGV Holding S.A. de C.V. covering the sale of substantially all of Forbes Energy's assets currently located in Mexico as well as the company's equity interests in Forbes Energy Services Mexico Servicios de Personal, S. de R.L. de C.V. for aggregate cash consideration of $30 million.

 Full Story »
TexasBusiness.com

Hunt Global Resources Plans 2012 Construction of Frac-Sand Processing Plant in Conroe, Texas

Texas Business reports: HOUSTON—Hunt Global Resources Inc. plans to build a 1-Million ton per year frac-sand mining and processing facility on its 350-acre site, located in Conroe Texas.

 Full Story »
TexasBusiness.com

Regency and Joint Venture Partners To Build Processing Facility in West Texas

Texas Business reports:  DALLAS—Regency Energy Partners will build a processing facility in Ward County, Texas, to process natural gas delivered from the liquids-rich Bone Spring and Avalon Shale formations.

 Full Story »
TexasBusiness.com

GreenHunter Water Acquires New Equipment Fleet

Texas Business reports:  GRAPEVINE—GreenHunter Water, LLC, a wholly owned subsidiary of GreenHunter Energy Inc. completed the purchase of new equipment assets to be used to service a new long term contract to haul and dispose produced water for several major oil companies that control significant mineral leasehold acreage positions in the Marcellus and Utica Shale plays located in Pennsylvania, West Virginia and Ohio.


 Full Story »
TexasBusiness.com

Comstock Resources Inc. Makes Acquisition in the Delaware Basin

Texas Business reports:  FRISCO—Comstock Resources Inc. entered into a definitive agreement to acquire acreage in the Delaware Basin in West Texas from Eagle Oil & Gas Co. and certain other parties at a purchase price of $332.7 million.

 Full Story »
TexasBusiness.com

Texas American Resources Company Completes Eagle Ford Wells

Texas Business reports:  AUSTIN—Texas American Resources Company completed its first operated Eagle Ford well, the Haug-Kieschnick 33-102H, with a 30-day average initial production rate of 599 Boepd (barrels of oil equivalent per day).

 Full Story »
TexasBusiness.com

Newfield Announces Uinta Basin Crude Oil Supply Agreement

Texas Business reports:  THE WOODLANDS—Newfield Exploration Company signed a crude oil supply agreement with Tesoro Corporation to provide 18,000 barrels per day of supply capacity at Tesoro's refinery in Salt Lake City, Utah.

 Full Story »
TexasBusiness.com

DKRW Advanced Fuels Signs Major Gasoline Contract; Moving Forward on Medicine Bow Project in Wyoming

 Texas Business reports: HOUSTON—DKRW Advanced Fuels LLC (DKRW) of Houston, announced its wholly owned subsidiary, Medicine Bow Fuel & Power LLC (MBFP), entered into a contract with Vitol Inc.,whereby Vitol would purchase 100 percent of the gasoline produced from MBFP's industrial gasification and liquefaction facility located near Medicine Bow, Wyoming. 


 Full Story »
TexasBusiness.com

Excelerate Energy Performs 200th Ship-to-Ship Transfer of LNG

Texas Business reports:  THE WOODLANDS— Excelerate Energy LP. completed its 200th commercial  Ship-to-Ship (STS) transfer of LNG in Escobar, Argentina at the GNL Escobar LNG import facility. 

 Full Story »
TexasBusiness.com

Baker Institute research indicates China's demand for oil will equal US demand by 2040

Texas Business reports:  Despite aggressive demand-management policies announced in recent years, China’s oil use could easily reach levels comparable to today’s U.S. levels by 2040, according to a new energy study by the Baker Institute.

 Full Story »
TexasBusiness.com

Ferrellgas Acquires Welch Propane in Northeast Texas

Texas Business reports:  Kansas-based Ferrellgas Partners LP acquired Welch Propane, a retail propane company based in northeast Texas.

 Full Story »
TexasBusiness.com

Company Backs out of $45 Million Deal to Buy Troubled Wyoming Gas Field
Texas-based Legacy Resources backed out of a $45 million deal to buy the field near Pavillion, Wyom., from EnCana last week, soon after the Environmental Protection Agency said it had detected cancer-causing benzene at 50 times the level safe for humans and other carcinogenic pollutants during its latest round of sampling. Full Story »
Abrahm Lustgarten for ProPublica

American Standard Energy To Acquire San Antonio’s Cross Border Resources

Texas Business reports: American Standard Energy Corp.  agreed to acquire oil and gas operator Cross Border Resources Inc. which provides that American Standard Energy Corp. has the right to enter into such a transaction with Cross Border Resources Inc., between November 22, 2011 and January 31, 2012. 

 Full Story »
TexasBusiness.com

Book Takes Readers Behind the Scenes of the Deepwater Horizon Spill and World’s Energy Demand   | Cockrell School of Engineering, Deepwater Horizon, Department of Petroleum and Geosystems Engineering, Tad Patzek

Tad Patzek
Book Takes Readers Behind the Scenes of the Deepwater Horizon Spill and World’s Energy Demand

Texas Business reports:  AUSTIN—Not one error but a series of miscommunications and mismanagement from all parties at all levels caused the Deepwater Horizon disaster, aggravated by the world’s relentless demand for energy, according to a new book released by Tad Patzek, chair of the department of petroleum and geosystems Engineering at The University of Texas at Austin, and co-author Joseph A. Tainter, a professor in the department of environment and society at Utah State University. 

 Full Story »
TexasBusiness.com

Enbridge and Enterprise Agree to Reverse Seaway Crude Oil Pipeline From Cushing to U.S. Gulf Coast

Texas Business reports:  CALGARY, ALBERTA and HOUSTON—Enbridge Inc. and Enterprise Products Partners L.P. ( Enterprise)  agreed to reverse the direction of crude oil flows on the Seaway pipeline to enable it to transport oil from Cushing, Oklahoma to the U.S. Gulf Coast.

 Full Story »
TexasBusiness.com

Former Dish Mayor Now Dishing the Natural Gas Boom

Calvin Tillman used to be mayor of Dish, Texas, a place so commerce-friendly that it renamed itself in exchange for free satellite television service for its 200 residents. Before his term ended, he moved to another town, Aubrey, because his children were getting nosebleeds. Tillman thinks the culprit is the growing presence of natural gas industry in Dish, and now he’s crusading against the industry that is the financial backbone of Dish.

 Full Story »
By Ari Phillips For Reporting Texas

Mogul Energy Successfully Completes the Drilling and Testing of the Stafford Well #2, Jackson County, Texas

Texas Business reports:  HOUSTON—Mogul Energy International Inc. announced the completion of the Stafford Well #2 as a new Frio aged discovery sand in the La Ward NE Field area in Jackson County, Texas.

 Full Story »
TexasBusiness.com

Energy Solutions International Selected by Hong Kong Electric for the Lamma Island Gas Project

Texas Business reports:  STOCKTON, England—Houston’s Energy Solutions International, (ESI) announced that Hong Kong Electric (HEC) has selected ESI’s PipelineManager for deployment as part of its extension to the Lamma Island natural gas system.

 Full Story »
TexasBusiness.com

GeoBio Energy Closes Acquisition of El Gas North America

Texas Business reports:  Seattle’s GeoBio Energy Inc. bought Houston-based El Gas North America  LLC. 

 Full Story »
TexasBusiness.com

Green power: Fort Hood breaks ground on solar field   | kil_tem_fth_txbz,

Construction begins on a new solar array field that will be built on a four-acre lot in Liberty Village on Fort Hood, Texas. Photo by Christine Luciano, Fort Hood
Green power: Fort Hood breaks ground on solar field

FORT HOOD, Texas - Fort Hood and Universal Services Fort Hood Inc., officials broke ground on a solar field that will provide one million kilowatt-hours, approximately 20 percent of renewable energy annually for 300 single-family homes. 

 Full Story »
Christine Luciano of Fort Hood

Early Results from Hydraulic Fracturing Study Show No Direct Link to Groundwater Contamination

Texas Business reports: FORT WORTH, Texas — Preliminary findings from a study on the use of hydraulic fracturing in shale gas development suggest no direct link to reports of groundwater contamination, according to the project leader at The University of Texas at Austin’s Energy Institute.

 Full Story »
TexasBusiness.com

Texas Rare Earth Resources Receives Approval by the Texas General Land Office to Expand its Exploration Efforts at Round Top

Texas Business reports:  SIERRA BLANCA, Texas—Texas Rare Earth Resources Corp. a heavy rare earths exploration and development company, announced that its supplementary operating plan to expand exploration activities at the Round Top project has been approved by the Texas General Land Office (GLO).


 Full Story »
TexasBusiness.com

Fluor Acquires Texas-based Sulfur Technology Company

Texas Business reports:  IRVING—Fluor Corporation acquired Goar, Allison & Associates, a unit of Air Products.


 Full Story »
TexasBusiness.com

Energy Dept. Panel Warns of Environmental Toll of Current Gas Drilling Practices

A federal energy panel issued a blunt warning to shale gas drillers and their regulators today, saying they need to step up efforts to protect public health and the environment or risk a backlash that stifles further development.

 Full Story »
by Nicholas Kusnetz of ProPublica

EPA Issues First Greenhouse Gas Permit in Texas

Texas Business reports:  DALLAS—Today, the U.S. Environmental Protection Agency (EPA) issued the first Texas Greenhouse Gas (GHG) permit for the Lower Colorado River Authority (LCRA) Thomas C. Ferguson Power Plant in Llano County, Texas. 

 Full Story »
TexasBusiness.com

GreenHunter Water Awarded Eagle Ford Contract

Texas Business reports:  GRAPEVINE—GreenHunter Water LLC, a wholly owned subsidiary of GreenHunter Energy  Inc.   secured a significant new order to provide equipment rental and services which include 30 new frac storage tanks to an independent oil and gas operator active in the Eagle Ford Shale drilling region of South Texas.

 Full Story »
TexasBusiness.com

Uranium Energy Corp Acquires Major Additional Section of Coronel Oviedo Uranium District in Paraguay

Texas Business reports:  CORPUS CHRISTI—Uranium Energy Corp. entered into a property purchase agreement with three Paraguayan companies  in which the company's Paraguayan subsidiary proposes to acquire, subject to a gross overriding royalty, a 100 percent legal and beneficial interest in and to a total of six unencumbered prospecting permits covering approximately 740,000 acres which are located in the area of Coronel Oviedo, Paraguay.  


 Full Story »
TexasBusiness.com

Aztec Reaches Agreement with GulfMark Energy

Texas Business reports:  HOUSTON—Aztec Oil & Gas Inc. reached an agreement, through its associate, Resaca Resources LLC with GulfMark Energy Inc. as the new oil gatherer for wells in Liberty County, Texas. 


 Full Story »
TexasBusiness.com

Southern Company Receives First Fuel Load Delivery at Biomass Plant

Texas Business reports:  SACUL—Southern Company received its first fuel load delivery at the Nacogdoches Generating Facility owned by its subsidiary Southern Power in eastern Texas. 


 Full Story »
TexasBusiness.com

Direct Energy Closes Acquisition of First Choice Power

Texas Business reports: HOUSTON—Direct Energy, one of North America's largest competitive energy and energy-related services providers, has finalized its acquisition of residential and commercial energy retailer First Choice Power for $270 million in cash, plus additional working capital.


 Full Story »
TexasBusiness.com

Magellan Midstream to Expand Houston-Area Crude Oil Pipeline Distribution System

Texas Business reports:  Magellan Midstream Partners, L.P. is expanding further its crude oil pipeline distribution capabilities in the Houston area to deliver domestic crude oil and condensate transported via third-party pipeline systems from the Eagle Ford Shale production area directly to local refineries.


 Full Story »
TexasBusiness.com

Fines of $233,835 against multiple Valero facilities and $124,405 against Rohm & Haas Texas Inc. in Harris Co. included

Texas Business reports: The Texas Commission on Environmental Quality approved penalties totaling $934,026 against 66 regulated entities for violations of state environmental regulations.


 Full Story »
TexasBusiness.com

El Paso Electric Invests In Solar Technology | elp_txbz, El Paso Electric, solar technology,
El Paso Electric Invests In Solar Technology

Texas Business reports: EL PASO—SolFocus and its solar developer partner Solar Smart Living, completed a 53 kW concentrator photovoltaic (CPV) installation which will be owned by El Paso Electric.


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TexasBusiness.com

SwRI acquires 2011 plug-in electric vehicle to include its batteries in EssEs Consortium matrix

Texas Business reports: San Antonio—Southwest Research Institute (SwRI) recently acquired an extended range electric vehicle to include its batteries in the Energy Storage System Evaluation and Safety (EssEs) Consortium. Information obtained through evaluation of the batteries will be included in the EssEs database that is available to all members.


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TexasBusiness.com

Bering Exploration Completes Acquisition of Gohlke Leasehold with Potential Gross Reserves of 3,500,000 Barrels of Oil and 5 Bcf of Gas
Texas Business reports:  HOUSTON— Bering Exploration Inc. completed the acquisition of the Gohlke leasehold located in Dewitt County, Texas.
 Full Story »
TexasBusiness.com

C&J Energy Services Signs Two-Year Contract for Sixth Hydraulic Fracturing Fleet: Fleet 6 to be Deployed to the Permian Basin
Texas Business reports:  HOUSTON—C & J Energy Services Inc. signed a two-year contract with an independent E&P company for a 32,000 hp hydraulic fracturing fleet for operations in the Permian Basin on a full month take-or-pay basis.  Full Story »
TexasBusiness.com

Aztec Announces Cooperative Waterflood

Texas Business reports:  HOUSTON—Aztec Oil & Gas, Inc  reached an agreement with Texas Secondary Oil Company ("TSOC") to install a cooperative waterflood in Medina County, Texas, involving hundreds of jointly and separately owned wells.


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TexasBusiness.com

Wind Energy Services Company (WES) Announces Partnering Agreement with MFG Wind Turbine Component Factories

Texas Business reports:  GAINESVILLE—Wind Energy Services Company (WES), a provider of composite repair and maintenance services for wind farm operations,  established partnering agreements with three turbine component manufacturing facilities, all entities of the Molded Fiber Glass Companies.


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TexasBusiness.com

Duke Energy Announces Turbine Suppliers for Texas Wind Farms

Texas Business reports:  Duke Energy announced agreements with Siemens and Mitsubishi Heavy Industries (MHI) to provide wind turbines for the two phases of Duke Energy's Los Vientos Windpower Project in Willacy County, Texas.


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TexasBusiness.com

Uranium Resources' License to Produce Up to 3 Million Pounds of Uranium Gets Reactivated by the NRC

Texas Business reports:  LEWISVILLE—Uranium Resources Inc.  announced the Nuclear Regulatory Commission (NRC) reactivated its Source Materials License to conduct in-situ recovery (ISR) uranium mining in McKinley County, New Mexico.


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TexasBusiness.com

Atwood Oceanics Orders Ultra-Deepwater Drillship

Texas Business reports: HOUSTON—Atwood Oceanics Inc. announced that earlier this month,  Alpha Eagle Company, a wholly-owned subsidiary of Atwood Oceanics Inc.,  entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co.  Ltd., (DSME) to construct an ultra-deepwater drillship, to be named the Atwood Achiever, at the DSME yard in South Korea. 


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TexasBusiness.com

Brigham Exploration Company Announces $4.4 Billion Merger Agreement With Norway's Statoil ASA

Texas Business reports:  AUSTIN—Brigham Exploration Company and Norway’s  Statoil ASA   entered into a definitive merger agreement for Statoil ASA to acquire Brigham Exploration Company for US$36.50 per share by means of an all-cash tender offer for all of the issued and outstanding shares of Brigham Exploration Company.


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TexasBusiness.com

Fluor Becomes Majority Investor in NuScale Power and Enters Small Modular Reactor Market

Texas Business reports:  IRVING— Fluor Corporation committed to making an investment exceeding $30 million in NuScale Power LLC., an Oregon-based small modular reactor   technology company.


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TexasBusiness.com

Oil Exploration Would Endanger the Most Biodiverse Region in the Western Hemisphere, Say Scientists
Texas Business reports: AUSTIN—An international team of scientists that includes two University of Texas at Austin researchers has found that Ecuador's Yasuní National Park, which sits on top of massive reserves of oil, is in the single most biodiverse region in the Western Hemisphere. Full Story »
TexasBusiness.com

STW Resources Holding Corp. and CK Investments Energy Company Form Joint Venture to Treat Brackish/Produced Water Sources

Texas Business reports:  MIDLAND—STW Resources Holding Corp., a water reclamation services company,   executed a joint venture agreement with CK Investments Energy Company, a Texas corporation to commission a proprietary brackish/produced water processing facility in the Permian and Delaware Basins of West Texas.


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TexasBusiness.com

Did Speculation Drive Oil Prices? Futures Market Points to Fundamentals
Texas Business reports:  Oil market speculation became an especially popular topic when the price of crude tripled over 18 months to a record high $145 per barrel in July 2008.  Two economists from the Dallas Federal Reserve Bank examine the data.  Full Story »
TexasBusiness.com

Forum Energy Technologies Opens Brazil Office
Texas Business reports:  HOUSTON—Forum Energy Technologies opened an office outside Rio de Janeiro in the growing Brazilian market. Full Story »
TexasBusiness.com

Milagro Oil & Gas Inc. Acquires South Texas Assets, Increases Ownership in Existing Properties

Texas Business reports: HOUSTON—Milagro Oil & Gas Inc., through its wholly owned subsidiary, Milagro Producing, LLC, completed the purchase of certain South Texas producing assets.


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TexasBusiness.com

Federal Funding Will Help Build $450 Million “Clean” Coal-Based Power Plant Near Midland

Texas Business reports: The U.S. Department of Energy (DOE) has issued a Record of Decision (ROD) that – along with a signed cooperative agreement – will allow federal funding to be used to help build one of the world’s most advanced and environmentally clean coal-based power plants.


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TexasBusiness.com

Victory Energy Announces Expansion at Its Tunis Creek Project
Texas Business reports:  Victory Energy Corporation, through its partnership with Aurora Energy Partners, today announced a 49% acreage expansion at its Tunis Creek project located in Pecos County, Texas and the designation of the University "6" #1 well as a "discovery well" by the Railroad Commission of Texas.  Full Story »
TexasBusiness.com

Statoil Signs $5 Million Partnership Agreement with University of Texas

Texas Business reports:  HOUSTON—International energy company Statoil and the University of Texas at Austin signed an agreement providing the university with an annual funding of $1 million for 5 years.


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TexasBusiness.com

San Antonio Firm Wins $37 Million Contract Change For Military Aviation Fuel

Texas Business reports:  A San Antonio firm won a $37 million contract change to supply aviation fuel, the U.S. Department of Defense announced. The Defense Logistics Agency Energy, Fort Belvoir, Virginia 

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TexasBusiness.com

Science Lags As Health Problems Emerge Near Gas Fields | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz

Susan Wallace-Babb, wearing the oxygen mask she has to wear almost every day outside, walks with her dog at home in Winnsboro, Texas, on Sept. 12, 2011. (Erin Trieb for ProPublica)
Science Lags As Health Problems Emerge Near Gas Fields
On a summer evening in June 2005, Susan Wallace-Babb went out into a neighbor's field near her ranch in Western Colorado to close an irrigation ditch. She parked down the rutted double-track, stepped out of her truck into the low-slung sun, took a deep breath, and collapsed, unconscious. Full Story »
by Abrahm Lustgarten and Nicholas Kusnetz of Pro Publica

Shell Partners with UT Austin to Pursue New Solutions to Unlock Gas Resources

Texas Business reports: AUSTIN, Texas — Shell and The University of Texas at Austin signed a five-year agreement to invest $7.5 million to address short- and long-term challenges facing the growing worldwide unconventional oil and gas industry.


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TexasBusiness.com

US $3.2 billion exploration program planned for Kara Sea and Black Sea

Texas Business reports:  SOCHI, Russia—Rosneft and ExxonMobil reached an agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world, and commence technology and expertise sharing activities.


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TexasBusiness.com

Vitol Group and Blueknight Energy Partners Plan To Build New Crude Oil Terminal in Midland, Texas

Texas Business reports:  HOUSTON—Vitol Midstream LLC, a member of the Vitol Group ("Vitol") and Blueknight Energy Partners LP entered into agreements for the construction and operation of a new crude oil terminal in Midland, Texas.


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TexasBusiness.com

Rice University engineers reverse E. coli metabolism for speedy production of fuels, chemicals   | hou_txbz, Rice University, biofuels, E.coli, Ramon Gonzalez, butanol,
Rice University engineers reverse E. coli metabolism for speedy production of fuels, chemicals

Texas Business reports:  In a biotechnological tour de force, Rice University engineering researchers this week unveiled a new method for rapidly converting simple glucose into biofuels and petrochemical substitutes.


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TexasBusiness.com

Baker Hughes, Intertek Expand Global Petroleum Cargo Treatment Alliance

Texas Business reports:  HOUSTON—Baker Hughes and Intertek are expanding the global reach of an alliance established to provide chemical additives and treatment services for fuels, petroleum products and crude oil cargos.


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TexasBusiness.com

TPH Partners Announces Investment in Clearfork Resources LLC   | dal_ftw_txbz, hou_txbz, Glenn W. Reed, Jarvis Moore, TPH Partners, Clearfork Resources, Anderson county, Wolfberry, Permian Basin,
TPH Partners Announces Investment in Clearfork Resources LLC

Texas Business reports:  HOUSTON—Glenn W. Reed, Jarvis Moore and TPH Partners, L.P. announced they jointly formed Clearfork Resources LLC (Clearfork), an independent oil and natural gas company headquartered in Fort Worth.


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TexasBusiness.com

Varel International Relocates Eastern Hemisphere Headquarters
Texas Business reports:  CARROLLTON—Varel International, the world’s largest independent supplier of drill bits for the oil and gas industry, relocated its Eastern hemisphere headquarters.

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TexasBusiness.com

Does an Old EPA Fracking Study Provide Proof of Contamination?   | fracking, water, contamination, EPA, abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz,

A 24-year-old EPA report uncovered this week adds to a list of examples of how water supplies are polluted in natural gas drilling areas. (Abrahm Lustgarten/ProPublica)
Does an Old EPA Fracking Study Provide Proof of Contamination?

For years the drilling industry has steadfastly insisted that there has never been a proven case in which fracking has led to contamination of drinking water. Now Environmental Working Group, an advocacy organization engaged in the debate over the safety of fracking, has unearthed a 24-year-old case study by the U.S. Environmental Protection Agency that unequivocally says such contamination has occurred. 

 Full Story »
Abrahm Lustgarten of Pro Publica

Plains All American Pipeline Announces West Texas (Mesa) System Improvements

Texas Business reports:  HOUSTON—Plains All American Pipeline LP recently increased the available throughput capacity of the 80-mile Mesa Pipeline System by approximately 100,000 barrels per day to approximately 420,000 barrels per day.


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TexasBusiness.com

Baker Hughes Fractures its First Unconventional Shale Well in Argentina

Texas Business reports:  HOUSTON—Baker Baker Hughes  completed its first unconventional hydrocarbon shale hydraulic fracturing and stimulation project in Argentina for YPF in the Neuquén basin.


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TexasBusiness.com

UT Arlington to offer free charging station for electric vehicles   | dal_ftw_txbz, UTA, charging station, EV, electric vehicle,
UT Arlington to offer free charging station for electric vehicles

 Texas Business reports:  ARLINGTON - The University of Texas at Arlington will make going green a little easier for motorists with the addition of a free public charging station for electric vehicles.


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TexasBusiness.com

Blue Dolphin to Acquire Nixon Crude Processing Facility

Texas Business reports:  HOUSTON—Blue Dolphin Energy Company signed a definitive agreement to acquire the Nixon Crude Processing Facility from a privately-held company in an all stock transaction.


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TexasBusiness.com

U.S. shale gas weakening Russian, Iranian petro-power   | hou_txbz, shale, Texas Business, natural gas production, shale formations, Russia, energy weapon, Baker Institute, shale Gas, national security, U.S. Department of Energy, Western Europe, geopolitical repercussions, Amy Myers Jaffe, Wallace S. Wilson, energy, alternative supplies, liquified natural gas, LNG, petro-power, Venezuela, Iran, negative energy-related stress, trade deficit, economy, gas suppliers, global markets, greenhouse gases, carbon fuels,  U.S. Geological Survey, Potential Gas Committee, American Association of Petroleum Geologists,  Kenneth Medlock III, James A. Baker III,  and Susan G. Baker Fellow for Energy and Resources Economics and co-author of the study. “The geologic data on the shale resource is hard science and the innovations that have occurred in the field to make this resource accessible are nothing short of game-changing. In fact, we continue to learn as we progress in this play, and it is vital that we understand and embrace the opportune circumstances that shale resources provide. U.S. policymakers should not get diverted from the real opportunities that responsible development of our domestic shale resources present.”

Other findings of the study include that U.S. shale gas will:

Reduce competition for LNG supplies from the Middle East and thereby moderate prices and spur greater use of natural gas, an outcome with significant implications for global environmental objectives.

Combat the long-term potential monopoly power of a “gas OPEC.”

Reduce U.S. and Chinese dependence on Middle East natural gas supplies, lowering the incentives for geopolitical and commercial competition between the two largest consuming countries and providing both countries with new opportunities to diversify their energy supply.

Reduce Iran’s ability to tap energy diplomacy as a means to strengthen its regional power or to buttress its nuclear aspirations.
U.S. shale gas weakening Russian, Iranian petro-power

Texas Business reports:  Rising U.S. natural gas production from shale formations has already played a critical role in weakening Russia’s ability to wield an “energy weapon” over its European customers, and this trend will accelerate in the coming decades, according to a new Baker Institute study.

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TexasBusiness.com

Southern Union Company's Trunkline Gas Company Places Modified South Texas System into Service   | hou_txbz, corp_chr_txbz, Southern Union Company, SUG, Trunkline, Trunkline Gas, natural gas, DCP, DCP Midstream,
Southern Union Company's Trunkline Gas Company Places Modified South Texas System into Service
Texas Business reports:  HOUSTON—Southern Union Company SUG announced that its Trunkline Gas Company subsidiary has completed the initial phase of construction to isolate its South Texas system to provide bi-directional flow for liquids-rich gas service. Full Story »
TexasBusiness.com

Seattle’s GeoBio Energy To Buy Weatherford Gas Service Company Lary Archer & Associates  for $22 Million | dal_ftw_txbz, abil_txbz, Lary Archer, Seattle, Weatherford, oil, energy, gas, natgas, natural gas, Eagle Ford Shale, Barnett Shale, Haynesville Shale, GeoBio Energy, Laurence Shelver,
Seattle’s GeoBio Energy To Buy Weatherford Gas Service Company Lary Archer & Associates for $22 Million

Texas Business reports:  Seattle’s GeoBio Energy Inc. signed an agreement to buy Lary Archer & Associates Inc. of Weatherford.


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TexasBusiness.com

Lawmakers Attempt to Roll Back Expanded Oversight of Offshore Drilling

After millions of gallons of crude gushed into the Gulf during last year’s oil spill, the disaster triggered a continuing blame gamebetween BP and its many contractors. It also got regulators pondering the need for expanding oversight to such contractors. Currently, operators of off-shore rigs are subject to safety regulations, but regulators don't have direct oversight of the contractors that work for those operators. 

 Full Story »
Marian Wang of Pro Publica

University of Texas at Austin Reaches Agreement for Rechargeable Battery Patents with Hydro-Quebec | Research, batteries, cathode, Cockrell School of Engineering, commercialization, aust_txbz, Department of Mechanical Engineering, energy, Hydro-Quebec, John Goodenough, Juan Sanchez, Office of Technology Commercialization, rechargeable, renewable energy, sustainability
University of Texas at Austin Reaches Agreement for Rechargeable Battery Patents with Hydro-Quebec

 Texas Business reports:  AUSTIN—The University of Texas at Austin reached an agreement with Canada-based Hydro-Quebec for lithium-ion material technology invented and patented by John Goodenough, a scientist at the university.

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TexasBusiness.com

Geokinetics Secures $165 Million in Project Awards | hou_txbz, Geokinetics, seismic, Richard F. Miles, Latin America, Asia-Pacific, EAME, Noth America,
Geokinetics Secures $165 Million in Project Awards

 Texas Business reports:  HOUSTON—As the energy boom continues, Geokinetics Inc. secured work valued at approximately $165 million for several new projects and extensions to current projects in the Latin America, Asia-Pacific, EAME and North America regions.


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TexasBusiness.com

Austin Firm Sells Denver Property In $150 Million Deal  | aust_txbz, Bill Barrett Corporation, Fred Barrett, Denver, Texas American Resources, Julesburg,
Austin Firm Sells Denver Property In $150 Million Deal
 Texas Business reports:  An Austin firm sold energy properties in the Denver area to a Colorado firm, officials announced. Full Story »
TexasBusiness.com

Researchers Receive Grant to Study Effects of Deepwater Horizon Oil Spill

Killifish
Researchers Receive Grant to Study Effects of Deepwater Horizon Oil Spill

Texas Business reports:  Texas Tech researchers received a $115,000 grant from the Gulf of Mexico Research Initiative in a joint research project with Tulane University to collect samples of a common bait fish a year after the Deepwater Horizon oil spill.


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TexasBusiness.com

Deep Down Receives $8 Million In Large Carousel Orders | hou_txbz, Channelview, Deep Down, carousel system, oil, gas, energy, petroleum, drilling,
Deep Down Receives $8 Million In Large Carousel Orders

Texas Business reports:  HOUSTON—Deep Down Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, completed the assembly and test running of a 3,200 MT carousel located at Core Industries near Mobile, Alabama, and has recently been awarded two more large carousel contracts in excess of $8 million. 


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TexasBusiness.com

Pioneer Drilling Completes Amended and Restated $250 Million Credit Facility
Pioneer Drilling Completes Amended and Restated $250 Million Credit Facility

 Texas Business reports:  SAN ANTONIO—Pioneer Drilling Company Inc entered into an amendment and restatement of its existing credit agreement.  The amended and restated credit agreement provides the company with a $250 million, five-year, senior secured revolving credit facility.


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TexasBusiness.com

Kinder Morgan-Copano Increase Presence in Eagle Ford Shale With New Long Term Contracts
 Texas Business reports:  HOUSTON—Eagle Ford Gathering LLC, a 50/50 joint venture between Kinder Morgan Energy Partners LP and Copano Energy LLC  announced the execution of two long-term agreements to provide transportation, processing and fractionation services to Petrohawk Energy Corporation   and Rosetta Resources Operating LP, an affiliate of Rosetta Resources Inc, two operators in the Eagle Ford Shale play in South Texas. Full Story »
TexasBusiness.com

Vitol's Coastal Caverns Announces Plans for Beaumont LPG Export Facility

Texas Business reports:  BEAUMONT—Coastal Caverns Inc. (CCI), a wholly-owned subsidiary of the Vitol Group, today announced plans to develop a new propane export facility in conjunction with its LPG storage facility that is currently under development on the historic Spindletop dome in Beaumont.


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TexasBusiness.com

Uranium Resources Inc. Begins Drilling at Its Los Finados Project in South Texas | dal_ftw_txbz, Lewisville, URI, Uranium Resources, Kenedy County, Los Finados, Don Ewigleben,
Uranium Resources Inc. Begins Drilling at Its Los Finados Project in South Texas

Texas Business reports:  LEWISVILLE—Uranium Resources Inc began exploratory drilling on the 54,847 acres in Kenedy County, Texas, known as Los Finados Project.  


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TexasBusiness.com

Houston’s Kirby Corporation Completes $604 Million Buy of K-Sea Transportation Partners  LP   | hou_txbz, kirby, K-Sea, petroleum, industry, shipping,
Houston’s Kirby Corporation Completes $604 Million Buy of K-Sea Transportation Partners LP
Texas Business reports:  HOUSTON—Kirby Corporation  completed  the acquisition of K-Sea Transportation Partners L.P.  with K-Sea becoming a wholly owned subsidiary of Kirby. Full Story »
TexasBusiness.com

Houston Firm Wins $43.9 Million Natural Gas Contract | natural gas, BP, Defense Logistics,
Houston Firm Wins $43.9 Million Natural Gas Contract

Texas Business reports:  A Houston firm wins a $43.9 million defense contract to provide natural gas.


 Full Story »
TexasBusiness.com

Oil and Gas Drilling Surges Despite Increased Oversight

Energy companies have spent the last couple of years fighting off added government regulation, saying red tape is slowing development.

But recent data show that the pace of drilling is just short of the 20-year high it reached before the recession. Gas drilling has dropped off as the price of natural gas has stayed low, but high oil prices (and the widening price gap between oil and gas) have spurred enough oil drilling to more than make up the difference.

 Full Story »
Nicholas Kusnetz of Pro Publica

PSEG Power Agrees To Sell Odessa Power Plant For $335 Million | PSEG, PSEG Power, New Jersey, Public Service Enterprise, Odessa Power, West Texas, Energy Capital Partners, Goldman Sachs,
PSEG Power Agrees To Sell Odessa Power Plant For $335 Million

Texas Business reports:  New Jersey-based PSEG Power LLC, a subsidiary of Public Service Enterprise Group today announced that it has agreed to the sale of its remaining Texas generating asset.

 Full Story »
TexasBusiness.com

Imperial Resources Obtains Loan Funding for Key Salt Water Disposal Facility Development | aust_txbz, Barnette Shale, gas well, salt water, salt water disposal, waste water, fracture, freehold land well, Ellenberger, Ellenberger formation, Imperial, Tom Barr, Green Tide, Imperial Resources, Imperial Oil & Gas, Salt Water Disposal Facility, Gas, Oil & Energy, Utilities, OTC, SmallCap, Financing Agreements,
Imperial Resources Obtains Loan Funding for Key Salt Water Disposal Facility Development
 Texas Business reports:  AUSTIN—Imperial Resources Inc. and its wholly owned subsidiary, Imperial Oil & Gas Inc.  entered into an agreement for the development funding of its Salt Water Disposal Facility located in the heart of the Barnett Shale in Texas. Full Story »
TexasBusiness.com

EPA Selects Sites in Louisiana and Texas for National Study on Hydraulic Fracturing | dal_ftw_txbz, tyl_txbz, longv_txbz, hou_txbz, EPA, hydraulic fracturing, fracking, fraking, oil, gas, energy,
EPA Selects Sites in Louisiana and Texas for National Study on Hydraulic Fracturing
Texas Business reports:  Several sites in Texas were selected for a national study on hydraulic fracturing.  Full Story »
TexasBusiness.com

Energy Transfer Partners and Regency Energy Partners Announce New NGL Pipeline Project from West Texas as Part of Its Lone Star Joint Venture | dal_ftw_txbz, Lone Star, Energy Transfer Partners, NGL, oil, gas, natural gas, Regency Energy Partners, Winkler County, west Texas, Jackson County, Greg Bowles,
Energy Transfer Partners and Regency Energy Partners Announce New NGL Pipeline Project from West Texas as Part of Its Lone Star Joint Venture

Texas Business reports:  DALLAS—Energy Transfer Partners  LP and Regency Energy Partners LP  announced that Lone Star NGL LLC will construct an approximately 530-mile natural gas liquids (NGL) pipeline that extends from Winkler County in west Texas to the Jackson County processing plant in Jackson County, Texas.


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TexasBusiness.com

Texas Clean Energy Project to Sell Power to CPS Energy in 25-year PPA | sanant_txbz, odes_txbz, TCEP, Penwell, Odessa, Doyle Beneby, CPS Energy, Summit Power Group, Texas Clean Energy,
Texas Clean Energy Project to Sell Power to CPS Energy in 25-year PPA

Texas Business reports:  San Antonio—Summit Power Group’s Texas Clean Energy Project (TCEP) will enter into a 25-year power purchase agreement (PPA) with the country’s largest municipally owned natural gas and electric utility, CPS Energy. 

 Full Story »
TexasBusiness.com

Houston’s Oil States to Supply Subsea 7 With FlexJoint Equipment and Receptacle Assemblies for Brazilian Deep Water Projects | hou_txbz, Brazil, oil states, Texas Business, TexasBusiness, TexasBusiness.com,Oil States Awarded SCR End Termination Technology Supply Contract
Subsea 7, FlexJoint , Receptacle Assemblies, Brazilian Deep Water, Oil States International, Oil States Industries, Steel Catenary Riser, SCR, Guara, Lula NE, EPIC SURF, pre-salt, Petrobras, Santos Basin, Macae, Oil States ATS-Cybersolda, Rio de Janeiro, Marcio Robles,  Canadian oil sands, Australian mining, New York Stock Exchange, OIS, Offshore Construction, Marine Pipeline, Elastomers, Louisiana, Oklahoma, United Kingdom, Brazil, Singapore, Thailand, U.A.E., France, Norway, Nigeria, Vietnam,
Houston’s Oil States to Supply Subsea 7 With FlexJoint Equipment and Receptacle Assemblies for Brazilian Deep Water Projects

Texas Business reports:  HOUSTON—Oil States International, announced its Oil States Industries subsidiary has been awarded a contract from Subsea 7 to supply 27 FlexJoint  Steel Catenary Riser (SCR) terminations and 40 receptacle assemblies for the Guara and Lula NE oilfields in Brazil.


 Full Story »
TexasBusiness.com

Critics Find Gaps in State Laws to Disclose Hydrofracking Chemicals | hydraulic fracturing, Theo Colburn, oil and gas, chemicals,
Critics Find Gaps in State Laws to Disclose Hydrofracking Chemicals

Texas Business reports:  Over the past year, five states have begun requiring energy companies to disclose some of the chemicals they pump into the ground to extract oil and gas using the process of hydraulic fracturing.

 Full Story »
by Nicholas Kusnetz of ProPublica

Laredo Petroleum and Broad Oak Energy to Merge In $1 Billion Deal | dal_ftw_txbz, odes_txbz, mid_txbz, Laredo Petroleum, Tulsa, Oklahoma, BofA Merrill Lynch, Wells fargo, Warburg Pincus, David Braddock, Randy Foutch, John Coss, Robert Skinner, Jim Sherrill, oil, gas, natural gas, energy, exploration,
Laredo Petroleum and Broad Oak Energy to Merge In $1 Billion Deal

 Texas Business reports:  Oklahoma’s Laredo Petroleum, LLC ("Laredo") and Dallas-based Broad Oak Energy  Inc. entered into definitive agreements whereby Broad Oak will become a wholly-owned subsidiary of Laredo in exchange for aggregate consideration of approximately $1 billion.


 Full Story »
TexasBusiness.com

DCP Midstream to Open NGL Access from the Midcontinent to the Texas Gulf Coast
Texas Business reports:  DCP Midstream reached an agreement to acquire the Seaway Products Pipeline Company from ConocoPhillips and create new natural gas liquids transportation capacity from the Midcontinent to the premium Texas Gulf Coast markets. Full Story »
TexasBusiness.com

Sidewinder Drilling Inc. Secures Equity Commitment of up to $125 Million From Avista Capital Partners | hou_txbz, Sidewinder Drilling, Texas Business, TexasBusiness, Avista Capital, Jon C. Cole, Steven A. Webster, Scorpion Offshore, London, oil and gas, energy,
Sidewinder Drilling Inc. Secures Equity Commitment of up to $125 Million From Avista Capital Partners
Texas Business reports:  HOUSTON—Sidewinder Drilling Inc., a Houston-based land drilling company, entered into an agreement with Avista Capital Partners, a private equity firm, to provide an equity commitment of up to $125 million.  Full Story »
TexasBusiness.com

Breitling Oil and Gas Announces Spud of Breitling-Sandy Run #1 in Louisiana | dal_ftw_txbz, breitling oil and gas, Miocene Sands, St. Helena Parish, Gulf Coastal Plain, Chris Faulkner,
Breitling Oil and Gas Announces Spud of Breitling-Sandy Run #1 in Louisiana

Texas Business reports:  IRVING—Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, announced that it has spud the Breitling-Sandy Run #1 prospect in St. Helena Parish, Louisiana.

 Full Story »
TexasBusiness.com

Texas Oil and Minerals Closes Bryan Estate Lease Acquisition | hou_txbz, Brazoria County, Sugar Land, Baytown, Texas Oil and Minerals,
Texas Oil and Minerals Closes Bryan Estate Lease Acquisition
Texas Business reports:  Houston—Texas Oil and Minerals finalized the purchase of a twenty-five percent working interest in the Bryan Estate leases located in the Damon Mound Field in Brazoria County Texas. Full Story »
TexasBusiness.com

Houston’s Goodrich Petroleum Buys 74,000 Net Acres in the Tuscaloosa Marine Shale Oil Trend in Louisiana and Mississippi | hou_txbz, Goodrich Petroleum, Tuscaloosa Marine Shale, Mississippi, Louisiana, energy, oil, gas, natgas, natural gas, drilling exploration, production, New York Stock Exchange,
Houston’s Goodrich Petroleum Buys 74,000 Net Acres in the Tuscaloosa Marine Shale Oil Trend in Louisiana and Mississippi

Texas Business reports:  Houston—Goodrich Petroleum Corporation purchased leases totaling approximately 74,000 net acres in the Tuscaloosa Marine Shale oil trend in Louisiana and Mississippi. 

 Full Story »
TexasBusiness.com

Harvest Natural Resources Discovers Oil in the Pre-Salt Offshore Gabon | hou_txbz, Dussafu Ruche, Dussafu, Gabon, West Africa, Transocean, energy, oil, petroleum, semisubmersible, Dentale Formation, Gamba Formation,
Harvest Natural Resources Discovers Oil in the Pre-Salt Offshore Gabon

Texas Business:  Houston—Harvest Natural Resources  Inc. discovered oil in the wildcat well Dussafu Ruche Marin-1 (DRM-1) drilled in the Dussafu Marin PSC, in the offshore waters of Gabon, West Africa. 


 Full Story »
TexasBusiness.com

Carbon 'grapevine' may store hydrogen: Rice University lab shows potential of calcium/carbyne lattice to power vehicles    | hou_txbz, Rice University, nanoscale, grapevine, hydrogen grapes, DOE, Department of Energy, calcium, carbyne, Nano Letters, Boris Yakobson, theoretical physicist, Texas Business, carbon atoms, chain of carbon atoms, graphene, metal organic frame, lattice,
Carbon 'grapevine' may store hydrogen: Rice University lab shows potential of calcium/carbyne lattice to power vehicles
Texas Business reports:  A nanoscale grapevine with hydrogen grapes could someday provide your car's preferred vintage of fuel. Full Story »
TexasBusiness.com

Chevron Awards Baker Hughes Contract for Deepwater ESP Systems | hou_txbz, Baker Hughes, Chevron, Big Foot, Walker Ridge, Gulf of Mexico, ESP, deepwater, Richard Williams, electrical submersible pumping, mud line packer, injection well, Chevron USA,
Chevron Awards Baker Hughes Contract for Deepwater ESP Systems

Texas Business reports:  Houston—Chevron U.S.A. Inc. awarded Baker Hughes  a contract to supply electrical submersible pumping (ESP) systems and production packers for seven producing wells, plus mud line packers for three injection wells for their Gulf of Mexico deepwater Big Foot Project.

 

 Full Story »
TexasBusiness.com

Houston Firm Wins DOD Contract Potentially Worth $114 Million | DOD, defense, Vitol, Defense Logistics agency, defense logistics, aviation fuel, aviation turbine fuel,
Houston Firm Wins DOD Contract Potentially Worth $114 Million
Texas Business reports:  A Houston firm won a contract potentially worth $114 million, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

VAALCO Energy Purchases Bakken Acreage | hou_txbz, Vaalco Energy, sheridan county, montana, Robbery Gerry, Flat Lake Field, Middle Bakken, oil, gas, lng, natural gas, energy,
VAALCO Energy Purchases Bakken Acreage

 Texas Business reports:  Houston—VAALCO Enegy Inc. announced a purchase from a privately held company of a 70% working interest in 5,214 acres in Sheridan County, Montana.  The acreage directly adjoins the Flat Lake Field which successfully produces from the Middle Bakken formation.


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TexasBusiness.com

UT Arlington licenses process to convert natural gas to clean, synthetic fuel | dal_ftw_txbz, UTA, gas, pipeline, adverse market, University of Texas at Arlington, licensing agreement, 1st Resource Group, synthetic fuel, UMED Holdings, Randy Moseley, synthetic jet fuel, James D. Spaniolo, Douglas McKinnon, Gary Fewell, transportation cost, Ric Halden, energy, oil, petroleum,
UT Arlington licenses process to convert natural gas to clean, synthetic fuel

Texas Business reports:  Arlington—The University of Texas at Arlington announced a licensing agreement with 1st Resource Group Inc. of Fort Worth to commercialize a new, efficient process for converting natural gas to clean, synthetic fuel at a cost lower than current market rates.


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TexasBusiness.com

Joint Venture Secures Financing for Renewable Diesel Facility | dal_ftw_txbz, sanant_txbz, Darling International, renewable diesel, energy, Diamond Green Diesel, Diamond Green, Norco, Louisiana, Irving, Texas, Valero, San Antonio, animal fats, used cooking oil, cooking oil, grease, feed-grade fats, tallow, bone meal, poultry meal, fuel ingredient, pet food, oleo-chemnical, bio-diesel, grease trap, megawatt, Ultramar, Diamond Shamrock,
Joint Venture Secures Financing for Renewable Diesel Facility
Texas Business reports:  Irving—Darling International Inc. announced that Diamond Green Diesel LLC, its previously announced joint venture project with Valero Energy Corporation, has secured financing for the planned construction of its renewable diesel facility in Norco, Louisiana. Full Story »
TexasBusiness.com

Baltimore’s Constellation Energy to Buy Houston Retail Electric Provider For $142.5 Million | hou_txbz, StarTex Power, Baltimore, Maryland, Constellation energy, all-cash, Mark Huston, Zlotnik, Inc. Magazine, MXenergy, Connecticut, Canada, Credit Suisse, Baltimore Gas and Electric Company, BGE,
Baltimore’s Constellation Energy to Buy Houston Retail Electric Provider For $142.5 Million

Texas Business reports:  Baltimore-based Constellation Energy, signed a definitive merger agreement to acquire 100 percent of StarTex Power, a Houston retail electric provider with approximately 170,000 customers.


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McDermott Wins $50 Million Pipeline Installation Project in Gulf of Mexico | hou_txbz, McDermott International, Pemex, oil, energy, gas, Mexico, db16, Gulf of Mexico, Bay of Campeche,
McDermott Wins $50 Million Pipeline Installation Project in Gulf of Mexico

Texas Business reports:  McDermott International Inc. announced that one of its subsidiaries was won a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. 

 Full Story »
TexasBusiness.com

Exxon Ad Makes Gas Drilling Seem Simpler—and Safer—Than It Really Is | dal_ftw_txbz, hou_txbz, ExxonMobil, New York Times, Washington Post, Marcellus,

From an Exxon Mobil ad that ran in the New York Times and the Washington Post.
Exxon Ad Makes Gas Drilling Seem Simpler—and Safer—Than It Really Is

ExxonMobil has been running a series of ads aimed at assuring people that shale gas drilling is safe. One of those ads, a full-page spread in Monday's New York Times and Washington Post, shows what a well looks like as it extends more than a mile and a half beneath the surface. It includes a close-up of the layers of steel and cement that are supposed to protect the surrounding earth from the gas and fluids inside the well pipe.

 Full Story »
by Nicholas Kusnetz for ProPublica

Harvest Natural Resources Completes the Sale of Utah Oil and Gas Assets for $215 Million and Pays Off $60 Million Term Loan Facility | Harvest Natural Resources Inc. completed the previously announced sale of HNR's oil and gas assets in Utah's Uinta Basin to an affiliate of Newfield Exploration Company  for $215.0 million in cash. 

The sale has an effective date of March 1, 2011.  Closing occurred on May 17, 2011 at which time Newfield became the operator of the assets.  The net proceeds from the sale are estimated to be $205.0 million after deductions for transaction related costs.

Bank of America Merrill Lynch served as the company's financial advisor in connection with the transaction.  This transaction is part of the company's ongoing process of exploring strategic alternatives.

Harvest also repaid a $60 million term loan facility with MSD Energy Investments Private II LLC, an affiliate of MSD Capital L.P.  The repayment included the repayment of the principal, accrued interest, and other fees related to the early repayment of the debt.

Harvest Natural Resources, Inc., headquartered in Houston, is an independent energy company with principal operations in Venezuela, exploration assets in Indonesia, West Africa, China and Oman and business development offices in Singapore and the United Kingdom.
Harvest Natural Resources Completes the Sale of Utah Oil and Gas Assets for $215 Million and Pays Off $60 Million Term Loan Facility

Texas Business reports:  Houston—Harvest Natural Resources Inc. completed the previously announced sale of HNR's oil and gas assets in Utah's Uinta Basin to an affiliate of Newfield Exploration Company  for $215.0 million in cash.  

 Full Story »
Harvest Natural Resources Completes the Sale of Utah Oil and Gas Assets for $215

San Antonio Firm Wins $31.8 Million Defense Aviation Turbine Fuel Contract | sanant_txbz, Tesoro, DOD, defense, department of defense, energy, aviation fuel, aviation turbine fuel, Fort Belvoir, Virginia, Defense Logistics, Defense Logistics Agency, logistics, military,
San Antonio Firm Wins $31.8 Million Defense Aviation Turbine Fuel Contract
Texas Business reports:  A San Antonio firm won a $31.8 million contract to supply aviation turbine fuel, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

Deer Park Firm Wins $313 Million Defense Aviation Fuel Contract | hou_txbz, deer Park, equilon, equilon Enterprises, DOD, Defense, department of defense, Defense Logistics, Shell Oil, Shell Oil Products, aviation fuel, aviation turbine fuel,
Deer Park Firm Wins $313 Million Defense Aviation Fuel Contract
Texas Business reports:  A Deer Park, Texas firm won a $313 million contract to supply aviation turbine fuel, the U.S. Department of Defense announced.  Full Story »
TexasBusiness.com

San Antonio Firms Execute New-Build Rig Contract | Pioneer Drilling, William Stacy Locke, Wm Stacy Locke, horizontal drilling, lateral well bore, pad drilling, oil, gas, energy, well,
San Antonio Firms Execute New-Build Rig Contract

Texas Business reports:  San Antonio—Pioneer Drilling Company Inc. announced that it has executed three multi-year term contracts for new-build rigs, in addition to the new-build contract announced on May 5.


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TexasBusiness.com

Houston Firm Wins $68.3 Million Defense Fuel Contract | hou_txbz, Equilon Enterprises, Shell Oil Products Mobiel, Defense Logistics Agency, Fort Belvoir, Virginia,
Houston Firm Wins $68.3 Million Defense Fuel Contract
Texas Business reports:  A Houston firm won a $68.3 million contract for aviation turbine fuel, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

Gas Drilling Companies Hold Data Needed by Researchers to Assess Risk to Water Quality  | natgas, natural gas, nethane, drilling, drinking water, contamination, Duke, Abrahm Lustgarten,

Photo by Abrahm Lustgarten/ProPublica
Gas Drilling Companies Hold Data Needed by Researchers to Assess Risk to Water Quality

For years the natural gas drilling industry has decried the lack of data that could prove—or disprove—that drilling can cause drinking water contamination. Only baseline data, they said, could show without a doubt that water was clean before drilling began.

 Full Story »
by Abrahm Lustgarten for ProPublica

Tenaris S.A. Agrees to Pay $3.5 Million Criminal Penalty to Resolve Violations of the Foreign Corrupt Practices Act | Tenaris, Tenaris SA, energy, oil, petroleum, foreign, foreign corrupt, foreign corrupt Practices, OJSC, Uzbekistan,
Tenaris S.A. Agrees to Pay $3.5 Million Criminal Penalty to Resolve Violations of the Foreign Corrupt Practices Act

Texas Business reports:  Tenaris S.A., a publicly traded corporation headquartered in Luxembourg, has agreed to pay a $3.5 million penalty for violations of the Foreign Corrupt Practices Act (FCPA), and has entered into a non-prosecution agreement with the Department of Justice, announced Assistant Attorney General Lanny A. Breuer for the Justice Department’s Criminal Division.


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TexasBusiness.com

For Railroad Commission, New Name and New Fees | Railroad Commission of Texas, Texas Oil and Gas Commission, Glenn Gegar, John Barton, Texas Oil and Gas Association, Andy Wilson, Austin Public Citizen, Victor Carrillo, Elizabeth Ames Jones, David Porter,

An old well pump sits idle off Hwy 287 in East Texas. Photo by Ray Bodden.
For Railroad Commission, New Name and New Fees

There appear to be sweeping changes on the way for the Railroad Commission of Texas.

 Full Story »
By Mario Carillo For Reporting Texas

Here Enterprises Advances Toward Sale of Wind Power, Files Distributed Generation Renewable Energy Service Application | Here Enterprises, Floresville, Texas, wind energy, renewable, wind turbine, Cycle Ranch, Floresville Electric Light, FELPS, Talon variable pitch turbine, grid-tie, UL, Mark Ryun,
Here Enterprises Advances Toward Sale of Wind Power, Files Distributed Generation Renewable Energy Service Application

Texas Business reports:  San Antonio—Here Enterprises Inc., a developer of wind energy, is moving forward with its objective of generating profitable and clean wind energy at its Cycle Ranch project in Floresville, Texas.

 Full Story »
TexasBusiness.com

Tyler Firm Wins $24 Million Defense Fuel Contract

Texas Business reports:  A Tyler firm won a $24 million defense fuel contract, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

Dallas Firm Wins $35.6 Million Defense Fuel Contract | Alon, Alon USA, department of defense, Defense Logistics Agency, DLA, aviation fuel, aviation turbine fuel, Fort Belvoir, Virginia,
Dallas Firm Wins $35.6 Million Defense Fuel Contract

Texas Business reports:  A Dallas firm won a $35.6 million aviation fuel contract, the U.S. Department of Defense announced.


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TexasBusiness.com

Wilmar to Build Natural Alcohol Plant on Huntsman Site in Rotterdam | hou_txbz, Huntsman Corporation, Peter Huntsman, Rotterdam, Rozenburg, Netherlands, Wilmar International, oleochemicals, Europort, Singapore, oilseeds, oil seed, oilpalm, Kuok Khoon Hong, biodiesel,
Wilmar to Build Natural Alcohol Plant on Huntsman Site in Rotterdam

Texas Business reports:  The Woodlands—Huntsman Corporation and Wilmar International Limited reached an agreement for Wilmar to build a state-of-the-art natural alcohol plant at Huntsman's chemical site in Rozenburg (Rotterdam, The Netherlands), and to supply natural alcohols to Huntsman. 

 Full Story »
TexasBusiness.com

CDI Seals Buys Multiseals Pte Ltd of Singapore | hou_txbz, humble, CDI Seals, Singapore, oifield technology, Multiseals, oil, gas, oil industry, gas industry, Leonard Casey,
CDI Seals Buys Multiseals Pte Ltd of Singapore

Texas Business reports:  Humble—CDI Seals, an oil and gas technology maker, bought Multiseals Pte Ltd located in Singapore in a strategic move to expand its markets.


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TexasBusiness.com

Texas Rotary Rig Count Rises | Texas Rig Count, coiled tubing, workover rigs, drilling new wells,
Texas Rotary Rig Count Rises

Texas Business reports:  The Texas rotary rig count sits at 817 this week, up one from last week, and up 174 from a year ago, according to Baker Hughes.


 Full Story »
TexasBusiness.com

Enhanced Electrical Energy Storage May Result from Research at The University of Texas at Austin | Research, batteries, carbon, Cockrell School of Engineering, Department of Mechanical Engineering, energy storage, Gregory Fenves, Office of Technology Commercialization, Rodney Ruoff, supercapacitors

University of Texas at Austin collaborators Meryl Stoller, Yanwu Zhu and Rodney Ruoff stand with a 3-D model of the new carbon material they have created.
Enhanced Electrical Energy Storage May Result from Research at The University of Texas at Austin

Texas Business reports:  Austin—Researchers at The University of Texas at Austin's Cockrell School of Engineering have created a new porous, three-dimensional carbon that can be used as a greatly enhanced supercapacitor, holding promise for energy storage in everything from energy grids and electric cars to consumer electronics.


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TexasBusiness.com

Rice University engineering students create portable, solar-powered emergency shelter  | hou_txbz, Rice University, portable disaster-relief shelter, relief shelter, Brent Houchens,
Rice University engineering students create portable, solar-powered emergency shelter

Texas Business reports:  Rice University engineering students have constructed a portable disaster-relief shelter on campus, and their adviser was so confident in their work that he moved in.


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TexasBusiness.com

Energy Transfer Partners and Regency Energy Partners To Build $350 Million Fractionation Facility at Mont Belvieu, Texas | hou_txbz, Energy Transfer Partners, dal_ftw_txbz, Regency Energy, Lone Star, Douis Dreyfus Highbridge Energy, Mont Belvieu, fractionation, NGL, natural gas liquids, storage, y-grade, liquids,
Energy Transfer Partners and Regency Energy Partners To Build $350 Million Fractionation Facility at Mont Belvieu, Texas

Texas Business reports:  Dallas—Energy Transfer Partners L.P. and Regency Energy Partners LP  announced that Lone Star NGL LLC, the joint venture that acquired the midstream assets of Louis Dreyfus Highbridge Energy, will construct a 100,000-barrel per day natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas.


 Full Story »
TexasBusiness.com

Measurement Of 'Hot' Electrons May Have Solar Energy Panel Payoff  | hou_txbz, rice university, solar enery, solar panel, solar energy panel, photovoltaic, Naomi Halas, infrared light, plasmon, nanoscale, nanoscale antennae, bandgap, Peter Nordlander, Mark Knight, Heidar Sobhani, nanoantenna, Schottky barrier,
Measurement Of 'Hot' Electrons May Have Solar Energy Panel Payoff
Texas Business reports:  Basic scientific curiosity paid off in unexpected ways when Rice University researchers investigating the fundamental physics of nanomaterials discovered a new technology that could dramatically improve solar energy panels. Full Story »
TexasBusiness.com

Uranium Industry Study: $311 Annual Texas Economic Impact  | uranium, Terry Clower, University of North Texas, Denton, uranium mining, rural Texas, rural Texas county, rural counties, economics, economic impact,
Uranium Industry Study: $311 Annual Texas Economic Impact
Texas Business reports:  Texas’ uranium industry provides $311 million dollars annually in economic impact and more than 1,160 jobs to rural, underserved and often neglected Texas counties, according to a newly released study conducted by the Center for Economic Development and Research at the University of North Texas. Full Story »
TexasBusiness.com

New Braunfels Firm Win $69.4 Million Military Fuel Contract | sanant_txbz, hou_txbz, pasadena, Texas, refinery,
New Braunfels Firm Win $69.4 Million Military Fuel Contract
Texas Business reports:  A New Braunfels company won a $69.4 million military contract to supply fuel, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

Former Houston Gas Trader Sentenced to Prison for $7.9 Million Wire Fraud Case | hou_txbz, Jose Angel Moreno, FBI, Houston FBI, Lynn N. Hughes, Stephanie Roquemore, Prolianc Energy, Coral Energy, Virginia Power, Occidental Energy, Energy-Koch, Cargill Inc., Hess Corporation, natural Fuel resources, southwest energy, adams resource marketing, Allegheny Energy, CMS Resource Energy Management, SRR Energy Management, Gas American Resources, Gas Energy Management, Resource American Energy, RAE, GAR,
Former Houston Gas Trader Sentenced to Prison for $7.9 Million Wire Fraud Case

Texas Business reports:  Houston—Former Houston gas trader Stephanie Roqumore has been sentenced by United States District Judge Lynn N. Hughes six years in federal prison without parole for defrauding numerous natural gas trading companies of nearly $8 million, United States José Angel Moreno announced. 

 Full Story »
TexasBusiness.com

San Antonio Firm Wins $109 Million Defense Aviation Fuel Contract | sanant_txbz, Valero, aviation fuel, DOD, defense logistics, defense logistics agency, department of defense, refining, Texas City, hou_txbz,
San Antonio Firm Wins $109 Million Defense Aviation Fuel Contract

 Texas Business reports:  A San Antonio firm won a $109 million contract to supply aviation fuel, the U.S. Department of Defense announced.


 Full Story »
TexasBusiness.com

China Makes Play For West Texas Wind Power | lub_txbz, abil_txbz, mid_txbz, odes_txbz, amar_txbz,  Alternative Energies, Oil & Energy, Utilities, Green Technology, Environmental Products & Services, Contracts, Financing Agreements
China Makes Play For West Texas Wind Power

Texas Business reports:  The Chinese are moving into West Texas wind power.


 Full Story »
TexasBusiness.com

Virginia Firm Acquires Royalty Interest In Scurry County | abil_txbz, lub_txbz, Next Generation Energy, Tri-Rue, Scurry County, Permian Basin, Darryl Reed, NGMC, Snyder, texas,
Virginia Firm Acquires Royalty Interest In Scurry County

 Texas Business reports:  Next Generation Energy Corp. acquired a royalty interest in an existing, producing natural gas and oil property located in the Permian Basin, Tri-Rue (Reef) Field, in Scurry County, Texas.


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TexasBusiness.com

Scientific Study Links Flammable Drinking Water to Fracking | fracturing, fracking, flammable water, Proceedings of the National Academy of Science,

A drilling rig in Dimock, Pa. (Abrahm Lustgarten/ProPublica)
Scientific Study Links Flammable Drinking Water to Fracking
For the first time, a scientific study has linked natural gas drilling and hydraulic fracturing with a pattern of drinking water contamination so severe that some faucets can be lit on fire. Full Story »
Abrahm Lustgarten for Pro Publica

University of Texas Researchers to Conduct Comprehensive Study of Hydraulic Fracturing of Shale Gas | Research, barnett shale, Bureau of Economic Geology, Center for International Energy and Environmental Policy, Charles Groat, College of Communication, energy, Energy Institute, fracing, hydraulic fracturing, Lyndon B. Johnson School of Public Affairs, marcellus shale, natural gas, Raymond Orbach, School of Law, shale gas, fracking, aust_txbz,
University of Texas Researchers to Conduct Comprehensive Study of Hydraulic Fracturing of Shale Gas

Texas Business reports:  Austin—A research team at The University of Texas at Austin will conduct a comprehensive review of the science, policy and environmental issues surrounding hydraulic fracturing of shale gas. 

 Full Story »
TexasBusiness.com

ONGC of India Awards Baker Hughes Deepwater Drilling, Evaluation Contract | hou_txbz, Baker Hughes, ONGC, surfacing logging, directional drilling, offshore drilling, onshore base, drillship, Vantage Drilling, India,
ONGC of India Awards Baker Hughes Deepwater Drilling, Evaluation Contract

Texas Business reports:  Houston—Oil and Natural Gas Corporation (ONGC) of India awarded Baker Hughes a five-year contract to provide drilling and evaluation services and to manage third-party services for the Platinum Explorer drillship.


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TexasBusiness.com

Baker Hughes Introduces Environmentally Preferred Fracturing Fluid Systems | Baker Hughes, Smartcare, drilling fluid, fracking, fracturing, environment, hou_txbz, oil, petroleum, natural gas, exploration, drilling, energy,
Baker Hughes Introduces Environmentally Preferred Fracturing Fluid Systems

Texas Business reports:  As the controversy over the environmental impact of “fracing” continues, a Houston firm introduces a fracturing fluid system with what it calls “environmentally responsible chemistry.


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TexasBusiness.com

Breitling Oil and Gas Develops Gulf Coast Onshore Acreage | Breitling Oil and Gas, independent exploration, Gulf Coast, Onshore Initiative, Breitling Salsa, Prospect, Plymounth Field, natural gas, barrel of oil, greta massive formation, anticlinal,
Breitling Oil and Gas Develops Gulf Coast Onshore Acreage

Texas Business reports:  Irving—Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving , has spud the Breitling-Salsa #1 in San Patricio County, Texas as it continues to develop its "Gulf Coast Onshore Initiative" that began in May 2010. 


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TexasBusiness.com

Harvest Natural Resources Commences Drilling Operations - Dussafu Project in Gabon  | Gas, Oil & Energy, Utilities, hou_txbz, Harvest Natural Resources, Gabon, West Africa, Ruche, Marine-A, well, drilling, energy, energy company, Venezuela, Indonesia, Africa, China, Oman, Singapore, United Kingdom,
Harvest Natural Resources Commences Drilling Operations - Dussafu Project in Gabon

 Texas Business reports:  Houston—Harvest Natural Resources commended   commenced drilling operations on the Ruche Marin-A exploration well located in the offshore waters of Gabon, West Africa. 


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TexasBusiness.com

Construction Begins on Webberville Solar, One of the Largest Solar PV Systems in the U.S. | aust_txbz, Webberville, Fotowatio Renewable, Renewable Energy Systems, Austin Energy, Larry Weis, Bayerische Landesbank, BayernLB, Webberville Solar, Travis County, Williamson County, Jose Benjumea, Tim Lasocki, Trina Solar, Bavaria,

Largest solar photovoltaic system near Austin to be operational by year end.
Construction Begins on Webberville Solar, One of the Largest Solar PV Systems in the U.S.

Texas Business reports: Fotowatio Renewable Ventures (FRV)  closed financing and began construction on the 30 megawatt (MW) Webberville Solar project just outside of Austin.


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TexasBusiness.com

Universal Power Group Acquires Lithium-Ion Battery Pack Maker

Texas Business reports:  Carrollton—Universal Power Group Inc., a Texas-based distributor and supplier of batteries and related power accessories, acquired for $3.3 million the assets and business of Progressive Technologies Inc. (PTI), a North Carolina-based battery pack manufacturer specializing in lithium-ion battery packs.


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TexasBusiness.com

W&T Offshore Announces Permian Basin Acquisition | W&T Offshore, natural gas, hou_txbz, mid_txbz, odes_txbz, Tracy W. Krohn, Permian Basin,
W&T Offshore Announces Permian Basin Acquisition

 Texas Business reports: Houston—W&T Offshore Inc. (entered into a purchase and sale agreement with private sellers to acquire approximately 21,900 gross leasehold acres (21,500 net acres) in the West Texas Permian Basin for a purchase price of $366 million, subject to adjustments and an effective date of January 1, 2011. 


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TexasBusiness.com

Carrolton’s Varel International and NewTech Services Create Joint Venture To Drill Into Russia CIS Market   | Varel International, Carrolton, NewTech Services, Moscow, polycrystalline diamond, drill bit, oil and gas, Kurgan, Varel NTS, Mike Reese, GeoScience, Thomas Seeney, Tarbes, France, Eastern Hemisphere, roller cone, fixed cutter, Mark Sadykhov, dal_ftw_txbz,
Carrolton’s Varel International and NewTech Services Create Joint Venture To Drill Into Russia CIS Market

Texas Business reports:  Carrollton’s Varel International and NewTech Services (NTS) announce the creation of a 50-50 joint venture company focused on manufacturing, assembling, servicing and sales of polycrystalline diamond compact (PDC) oil and gas drill bits for the Russian CIS market and beyond.


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TexasBusiness.com

Houston’s KBR Wins  Mississippi Contract For First U.S. Biomass-to-Renewable Crude Project   | mississippi, Columbus, Kior, EPC, FCC, fluid catalytic cracking, biomass, wood biomass, crude oil, renewable crude oil,
Houston’s KBR Wins Mississippi Contract For First U.S. Biomass-to-Renewable Crude Project

Texas Business reports:  Houston’s KBR won an engineering, procurement and construction (EPC) contract by KiOR Inc. (KiOR) to build what is claimed to be first-of-its-kind biomass-to-renewable crude facility to be located in Columbus, Mississippi.


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TexasBusiness.com

Copano Energy Announces $145 Million Expansion of Houston Central Processing Capacity | hou_txbz, copano energy, Colorado County, vic_txbz, Columbus, Texas, Eagle Ford Shale, Formosa Hydrocarbon, cryogenic procession, R. Bruce Northcutt,

Copano Energy
Copano Energy Announces $145 Million Expansion of Houston Central Processing Capacity

 Texas Business reports:  Houston—Copano Energy LLC, plans to expand processing facilities at its Houston Central complex, located in Colorado County, Texas, in response to producer demand in the rapidly developing Eagle Ford Shale play. 


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TexasBusiness.com

Treaty Energy Acquires Two Producing Oil Leases | Treaty Energy Corporation, oil and gas, Stephen L. York, shotwell wf, shotwell c, Andrew V. Reid, fluid level, hou_txbz,

Treaty Energy
Treaty Energy Acquires Two Producing Oil Leases

Texas Business reports: Treaty Energy Corporation, an oil and gas company, announced it acquired two additional leases in Texas, the Shotwell WF and the Shotwell C leases.


 Full Story »
TexasBusiness.com

Longview Man Invents Deicing Method For Drilling Rig Pneumatic Lines | deicing, Stephen Glenn Shaw, Skyhawk Chemicals, natural resources,

U.S. Patent 7,874,381: Pneumatic line deicing system
Longview Man Invents Deicing Method For Drilling Rig Pneumatic Lines

Texas Business reports:  A Longview man recently received a patent for a method to deice pneumatic lines on drilling rigs.


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TexasBusiness.com

Bionic Products Inc. to Buy Texas Oil and Minerals Inc., Name Tom Gouger Chief Executive | hou_txbz, sanant_txbz, Tom Gouger, Texas Oil, Texas Oil and Minerals, Biocentric, BNPD, Bionic Products, For Your Information, gas producer, OTC,
Bionic Products Inc. to Buy Texas Oil and Minerals Inc., Name Tom Gouger Chief Executive

Texas Business reports:  Houston—Bionic Products Inc. plans to buy Texas Oil and Minerals Inc., an oil and minerals exploration and drilling company operational in the Southwest and active in operations in acquiring oil and gas leases.


 Full Story »
TexasBusiness.com

Nuevo Midstream Launches with $65 Million Equity Commitment | permian basis, flatrock midstream, Torch Energy, Petroleum fuels, League City,
Nuevo Midstream Launches with $65 Million Equity Commitment

Texas Business reports:  Houston—Nuevo Midstream, LLC secured a $65 million equity commitment to support formation of the company.


 Full Story »
TexasBusiness.com

R360 Acquires New Total Recycling Center Servicing the Permian Basin Region | mid_txbz, hou_txbz, r360, E&P, oilfield, oilfied water, recycling, Wishbone, total recycling, Gary Wallace,
R360 Acquires New Total Recycling Center Servicing the Permian Basin Region

Texas Business reports:  Houston—R360 Environmental Solutions Inc. bought a fresh water and caliche sales depot near Stanton, Texas where it will begin the development of a new Total Recycling Center situated to serve the Permian Basin's Wolfberry trend.


 Full Story »
TexasBusiness.com

Statoil Joins Marine Well Containment Company   | hou_txbz, gulf of mexico, Norway, MWCC, Marty Massey, Bill Maloney, ExxonMobil, Chevron, ConocoPhillips, Shell, BP, Apache, Anadarko, BHP Billiton,
Statoil Joins Marine Well Containment Company

Texas Business reports:  Houston—The Marine Well Containment Company (MWCC) announced that Statoil has joined as a member.


 Full Story »
TexasBusiness.com

HKS Designs Wind Turbines to Generate Power for New UNT Football Stadium | dal_ftw_txbz, UNT, Denton, HKS Sports, Chris Mundell,
HKS Designs Wind Turbines to Generate Power for New UNT Football Stadium

Texas Business reports:  Denton—A Dallas firm is designing what is claimed to be the first alternative energy system for a college football stadium. 

 Full Story »
TexasBusiness.com

Genesis Energy Expands Texas Crude Oil Infrastructure and Refinery Services Operating Footprint | hou_txbz, beau_pta_txbz, Genesis Energy, Texas City, West Columbia, corp_chr_txbz,
Genesis Energy Expands Texas Crude Oil Infrastructure and Refinery Services Operating Footprint

Texas Business: Houston—Genesis Energy L.P. entered into several agreements and commenced work to expand its crude oil pipeline and terminaling capabilities in the upper Texas coast and to expand its refinery services operating footprint with a new sour gas processing facility.


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TexasBusiness.com

TXU Energy To Install 120 Electric Vehicle Charging Station | EV, electric vehicle, charging station, department of energy, Evgo,electricity, electrons, electron transfer, energy, energy transfer, energy storage, energy logistics,
TXU Energy To Install 120 Electric Vehicle Charging Station

Texas Business reports:  TXU Energy plans to install 70 electric vehicle charging locations  in Dallas/Fort Worth and 50 in Houston by the end of 2012 with half in place in the eVgo Network by this summer, officials announced.


 Full Story »
TexasBusiness.com

Texas Rare Earth Resources Initiates Stream Sediment Sampling Program | hou_txbz, elp_txbz, Trans-Pecos, rare earth, china, Texas Rare Earth, rhyolite, niobium, tantalum, gallium, beryllium, uranium, HREE, Hudspeth County,
Texas Rare Earth Resources Initiates Stream Sediment Sampling Program

 Texas Business reports:  Houston—As China continues to clamp down on the world’s supply of rare earth minerals, a Texas firm is searching for more sources in the Trans-Pecos region of  West Texas.


 Full Story »
TexasBusiness.com

Dubai, Houston Firm Form Gas Shale Development Company | dubai, UAE, United Arab Emirates, LMKR, Geographic, reservoir analysis, energy, exploration, shale,
Dubai, Houston Firm Form Gas Shale Development Company

Texas Business reports:  Dubai’s LMKR, a global geoscience technology and consulting services provider focused on resolving the challenges associated with unconventional oil and gas exploration and production, formed a strategic partnership with Houston’s Object Reservoir, a provider of reservoir analysis services and technology to the exploration and production industry.


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TexasBusiness.com

Oil And Gas Lease Breaks Texas Permanent School Fund Record | Texas Permanent School Fund, oil and gas lease, west Texas, Jerry Patterson, Texas Land Commissioner, school funding, gusher, Spindletop,
Oil And Gas Lease Breaks Texas Permanent School Fund Record

Texas Business reports:  Austin—Competition for oil and gas leases on Permanent School Fund lands in West Texas earned more than $108 million for the Permanent School Fund, a total that’s more than twice the previous record set in 1979.


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DeWind Co Buys of 20 MW Wind Project in Frisco | amar_txbz, Hansford County, Frisco, DeWind, Distributed Wind, TECO-Westinghouse, windmill, wind turbine, alternative energy, wind energy, green energy, renewable energy,
DeWind Co Buys of 20 MW Wind Project in Frisco

Texas Business reports:  DeWind Co, a wholly owned subsidiary of Daewoo Shipbuilding and Marine Engineering Co. Ltd  acquired the rights for the 20 MW Frisco wind project, located in the northern-most portion of Hansford County, Texas, from  developer Distributed Wind Systems LLC, of Guymon, Oklahoma.


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TexasBusiness.com

Ontility Opens New Distribution Center and Retail Store in Houston  | ontility, solar panel, GE EV, electric, solar attic fan, distribution center, solar module,
Ontility Opens New Distribution Center and Retail Store in Houston

Texas Business reports:  Houston—Ontility plans to open one of the largest solar products distribution centers in the solar industry next month.


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TexasBusiness.com

Koch Pipeline Company Planning Another Eagle Ford Crude Oil Pipeline in Texas | Koch Pipeline, corp_chr_txbz, vic_txbz, sanant_txbz,
Koch Pipeline Company Planning Another Eagle Ford Crude Oil Pipeline in Texas

Texas Business reports:  Koch Pipeline Company L.P. plans to build a crude oil pipeline from Pettus, Texas to Corpus Christi to move more Eagle Ford production.


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American International Industries Receives $15 Million Offer For Galveston County Waterfront Property | hou_txbz, kemah, Galveston County, water frontage, American International Industries, energy, oil, gas, natural gas, mineral, mineral lease,
American International Industries Receives $15 Million Offer For Galveston County Waterfront Property

Texas Business reports:  Houston and Kemah—American International Industries  Inc. announced that it received an offer of $15 million to purchase the 287 acres owned by the company located in Galveston County.


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Patterson-UTI Reports Drilling Activity for March 2011 | hou_txbz, patterson-uti, drilling update, drilling rig, onshore contract drilling, economic indicator,
Patterson-UTI Reports Drilling Activity for March 2011

Texas Business reports:  Houston—Patterson-UTI Energy Inc. reported that for the month of March 2011, the company had an average of 208 drilling rigs operating, including 195 rigs in the United States and 13 rigs in Canada. 


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Texas Rotary Rig Count Up  | rotary rig count, Baker Hughers, North America, Texas, drill pipe, natural gas, oil well, coiled tubing, energy, fuel,
Texas Rotary Rig Count Up

Texas Business reports:  The Texas rotary rig count sits at 791 this week, up 21 from last week, and up 163 from a year ago, according to Baker Hughes.


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Littlefield Corporation Announces Mineral Lease | aust_txbz, abil_txbz, oil and gas, bingo hall, Jeffrey L. Minch,
Littlefield Corporation Announces Mineral Lease

Texas Business reports:  Austin—Littlefield Corporation signed a mineral lease which allows for the exploration and production of oil and gas on its Ambler Bingo property in Abilene.


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NuStar and TexStar Plan to Expand Infrastructure to Move Eagle Ford Shale Crude and Condensate to South Texas

Texas Business reports:  San Antonio—NuStar Logistics L.P. and TexStar Midstream Services  LP today announced that they have signed a letter of intent to develop a new pipeline system to transport Eagle Ford Shale crude and condensate to Corpus Christi.


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Texas Rotary Rig Count Rises | rotary rig, baker hughes,
Texas Rotary Rig Count Rises

Texas Business reports:  The Texas rotary rig count sits at 770 this week, up four from last week, and up 147 from a year ago, according to Baker Hughes.


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Enterprise and Anadarko Enter Into Additional Midstream Services Agreement in the Eagle Ford | hou_txbz, Anadarko, Enterprise Products, midstream service, natural gas, natural gas liquids, Eagle Ford Shale, NGL, crude oil,
Enterprise and Anadarko Enter Into Additional Midstream Services Agreement in the Eagle Ford
Texas Business reports:  Enterprise Products Partners L.P. signed a six-year agreement to provide Anadarko Petroleum Corporation with a package of midstream services in the Eagle Ford Shale play of South Texas. Full Story »
TexasBusiness.com

Texas Railroad Commission Monthy Oil And Gas Statistics | Texas railroad commission, oil and gas, permits to drill, oil hole, gas hole, oil completion, gas completion,
Texas Railroad Commission Monthy Oil And Gas Statistics
Texas Business reports:  The Texas Railroad Commission issued a total of 1,696 original drilling permits in February 2011 compared to 1,403 in February 2010. Full Story »
TexasBusiness.com

Forced Outage List – ERCOT Final Update Posted | ERCOT, electric reliability council, rolling blackout, super bowl, forced outage, utiliy, unit name, severe weather, weather event, power grid,
Forced Outage List – ERCOT Final Update Posted

Texas Business reports:  The Electric Reliability Council of Texas, which initiated controversial rolling blackouts in early February, released the final list of forced outages during last month’s severe weather event.


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Exterra Energy Inc. Updates Merger Activity | amar_txbz, dal_ftw_txbz, Exterra, merger, merger candidate, oil and gas, Parker County, Weatherford,
Exterra Energy Inc. Updates Merger Activity

Texas Business reports:  Amarillo—Exterra Energy Inc. gave an update on its intent to merge with a qualified merger candidate.


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 Texas Cancer Research Leads To Potential Biofuels Source For Commercial Production | kil_tem_fth_txbz, Scott and White, TAMU, Texas A&M, MDT, BioProcess, Richard Branson, Virgin Green, Alternative Energies, Oil & Energy, Utilities, OTC, SmallCap, Biotechnology, Health Care & Hospitals, Medical Pharmaceuticals, Pharmaceuticals, Agriculture, Karen Newell, Karen Newell Rogers,

M. Karen Newell Rogers
Texas Cancer Research Leads To Potential Biofuels Source For Commercial Production

Texas Business reports:  Cancer research leads to new fuel?

That's what an energy company claims.  A surgical research professor with Texas A&M and Scott  and White Hospital in Temple discovered a process that will be used in commercial biofuels production.


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Exterran Holdings Inc. Closes Over-Allotment Sale of Common Units | hou_txbz, Exterran, natural gas compression, oil production, gas production,
Exterran Holdings Inc. Closes Over-Allotment Sale of Common Units

Texas Business reports:  Exterran Holdings Inc. and Exterran Partners L.P. announced that the underwriters of the previously announced secondary offering by Exterran Holdings of 5,250,000 common units representing limited partner interests in Exterran Partners at $28.65 per common unit, which closed on March 4, 2011, partially exercised their over-allotment option and purchased an additional 664,466 common units.


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Williams Energy, Inc. Makes Deal to Increase Stake in Delaware Basin Oil Play | mid_txbz, Clayton Williams, Chesapeake Exploration, Deleware Basin, Reeves County, earning well, drilling, odes_txbz, elp_txbz, trans-pecos, pecos,
Williams Energy, Inc. Makes Deal to Increase Stake in Delaware Basin Oil Play

Texas Business reports:  Midland—A Midland firm has contracted with an Oklahoma company to increase its stake in the Deleware Basin mineral interests of Texas.


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Aztec Completes Well in Karnes County  | hou_txbz, Aztec Oil, upper gulf coast, Wilcox formation, Karnes county, Waylan Johnson, Hurd Enterprises, Ballard Exploration, Appalachian,
Aztec Completes Well in Karnes County

Texas Business reports:  Houston—Aztec Oil & Gas Inc. announced  a completion in the Upper Gulf Coast, located in southern Karnes County.


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Midland’s Dawson Geophysical and Plano’s TGC Industries To Merge In $157 Million Transaction | mid_txbz, dal_ftw_txbz, Dawson Geophysical, TGC Industries, seismic, seismic data acquisition, multicomponent seismic, 2D seismic, 3D seismic, oil, gas, petroleum,
Midland’s Dawson Geophysical and Plano’s TGC Industries To Merge In $157 Million Transaction

Texas Business reports:  Midland—Dawson Geophysical Company and TGC Industries Inc.  entered into a merger agreement dated March 20, 2011 whereby Dawson will acquire TGC in a tax-free stock-for-stock transaction.  

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Midland Company Wins $11 Million Fuel Supply Contract | mid_txbz, Deer Horn, Deer Horn Aviation, Midland International, Avion Flight Centre, Defense Logistics Agency, Fort Belvoir,
Midland Company Wins $11 Million Fuel Supply Contract

Texas Business reports:  A Midland firm won an $11 million federal fuel contract.


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TexasBusiness.com

Plano Firm Wins $71 Million Worth Of Federal Fuel Contracts | dal_ftw_txbz, sanant_txbz, defense logistics, energy, fuel, Trajen Flight Support, Atlantic Aviation, elp_txbz,
Plano Firm Wins $71 Million Worth Of Federal Fuel Contracts

Texas Business reports:  A Plano firm won two contracts tototing a $53 million contract to supply fuel to federal government agencies and military.


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DKRW Advanced Fuels Signs Major Contract for Sale of CO2 | hou_txbz, carbon dioxide, CO2, Medicine Bow, Wyoming, Denbury, Denbury Onshore, enhanced oil recovery,
DKRW Advanced Fuels Signs Major Contract for Sale of CO2

Texas Business reports: Houston—A Houston firm will buy carbon dioxide captured from a gasification and liquefaction firm in Wyoming.


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Explortex Energy to Drill Five-Well Project | hou_txbz, Explortex, form 8K, Borderline Operating, Bryson, Jack County, Barnett Shale, Caddo Limestone, Strawn Sands, Cisco Sands,
Explortex Energy to Drill Five-Well Project
Texas Business reports:  Katy—Explortex Energy Inc. filed form 8K on March 15, disclosing and completing the farm in, known as the Bryson Project, to an 80 percent working interest in a 75 percent net revenue lease on more than 300 acres in Jack County from Borderline Operating Corp. Full Story »
TexasBusiness.com

Texas Railroad Commissioners Buck The EPA, Find Range Resources’ Natural Gas Not Source in Parker County Water Wells | railroad commission, Parker County, EPA, Weatherford, contamination, water well, abil_txbz, dal_ftw_txbz, aust_txbz, natural gas,
Texas Railroad Commissioners Buck The EPA, Find Range Resources’ Natural Gas Not Source in Parker County Water Wells
Texas Business reports:  In another episode of the war between the EPA and the state of Texas, Texas Railroad Commissioners Tuesday ruled that Range Resources’ natural gas wells be allowed to continue to produce and that the wells are not causing or contributing to contamination of any Parker County domestic water wells. Full Story »
TexasBusiness.com

South Texas Project Development Slowed to Await Guidance on Nuclear Generation Regulatory Requirements | NRG, NINA, nuclear, earthquake, tsunami, hou_txbz, Bay City, corp_chr_txbz

South Texas Project
South Texas Project Development Slowed to Await Guidance on Nuclear Generation Regulatory Requirements

Texas Business reports:  Nuclear Innovation North America LLC (NINA), the nuclear development company jointly owned by NRG Energy Inc. and Toshiba Corporation is reducing the scope of development units 3 and 4 at the South Texas Project   expansion to allow time for the U.S. Nuclear Regulatory Commission (NRC) and other nuclear stakeholders to assess the lessons that can be learned from the events in Japan.


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Houston’s Mainland Believes Mississippi Gas Well More Than 500 Billion Cubic Feet per Section | hou_txbz, oil and gas, Mainland Reourseces, Jefferson County, Mississippi, Burkley Phillips, Buena Vista,
Houston’s Mainland Believes Mississippi Gas Well More Than 500 Billion Cubic Feet per Section

Texas Business reports:  Houston—Mainland Resources Inc. received data that supports both higher adsorbed and free gas in place relative to previously reported volumes of gas in place on its Burkley Phillips No. 1 Well in Jefferson County, Mississippi.


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TexasBusiness.com

Arizona Firm Buys Texas Energy Properties | odes_txbz, EGPI, Ward County, Energy Producers, Permian Basin, Crawar Field, Monahans, Amaco Crawar,

Ward County
Arizona Firm Buys Texas Energy Properties

Texas Business reports: An Arizona firm bought several energy properties in Texas.


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Valero Energy to Buy Chevron’s Pembroke Refinery, Marketing and Logistics Assets in the U.K. and Ireland for $730 Million | sanant_txbz, Valero energy, Chevron, Chevron Pembroke, Pembroke refinery, Nelson complexity, Texas Business, texas business,
Valero Energy to Buy Chevron’s Pembroke Refinery, Marketing and Logistics Assets in the U.K. and Ireland for $730 Million

Texas Business reports:  Valero Energy Corporation will buy Chevron’s Pembroke refinery in Wales, U.K., as well as extensive marketing and logistics assets throughout the United Kingdom and Ireland, for $730 million, excluding working capital. 

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Swift Energy Makes South Texas Midstream Service Agreements

Texas Business reports:  Swift Energy Company entered into a long term agreement for natural gas gathering, processing and transportation services in South Texas with Southcross Energy GP LLC and its affiliates.


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Houston’s Newpark Resources to Acquire Australian Drilling Fluids Business   | newpark, drilling fluid, australia, hou_txbz, rheochem, New Zealand,
Houston’s Newpark Resources to Acquire Australian Drilling Fluids Business

Texas Business reports:  Newpark Resources Inc. entered into a definitive agreement with Rheochem PLC to acquire its drilling fluids and engineering services unit. 


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Houston Firm Wins $38 Million Fuel Contract | southwest airport, Defense Logistics agency, military fuel, federal civilian, Fort Belvoir,
Houston Firm Wins $38 Million Fuel Contract

Texas Business reports:  A Houston firm won a $38 million fuel contract, the U.S. Department of Defense announced.


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TexasBusiness.com

Houston Firm To Buy Two Oil and Gas Producing Properties for $1 Billion | Legend Natural Gas, Barnett Shale, Fort Worth Basin, South Texas, Range Resources,
Houston Firm To Buy Two Oil and Gas Producing Properties for $1 Billion

Texas Business reports: Legend Natural Gas IV LP signed two definitive purchase agreements to acquire oil and gas producing properties for a total combined price of approximately $1 billion subject to customary closing conditions and purchase price adjustments.  

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TexasBusiness.com

Waco Firm Wins $8 Million Federal Fuel Contract | wac_txbz, federal fuel, Defense Logistics, Jasie Inc, Servion of Waco, Servion, Jasie, Defense Logistics, Army, Navy, Air Force, Marine Corps, federal civilian, Fort Belvoir, Texas business, Texas Business, Texas, Texas,
Waco Firm Wins $8 Million Federal Fuel Contract

Texas Business reports:  A Waco company won an $8 million contract to provide fuel to the federal government, the U.S. Department of Defense announced.


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Kerrville's Quest Oil To Acquire Coleman County Lease | aust_txbz, Quest Oil, oil, gas, mineral, Coleman County,
Kerrville's Quest Oil To Acquire Coleman County Lease

Texas Business reports:  Kerrville—Quest Oil Corp. has initiated the acquisition of a 540-acre oil, gas and mineral lease located in Coleman County.


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Fort Worth Firm Wins $19 Million Federal Fuel Contract

Texas Business reports:  A Fort Worth firm won a $19 million contract to supply fuel, the U.S. Department of Defense.


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Enterprise Acquisition of West Texas Pipeline Provides Strategic Foothold in Emerging Permian Basin Play | Enterprise Products, Trinity Pipeline, mid_txbz, odes_txbz, amar_txbz, hou_txbz, Avalon Play, Bone Springs, Permian Basin,
Enterprise Acquisition of West Texas Pipeline Provides Strategic Foothold in Emerging Permian Basin Play

Texas Business reports:  Houston—Enterprise Products Partners L.P. bought a 39-mile carbon dioxide pipeline which will be converted to crude oil service in connection with the partnership’s strategy to expand its gathering system in the Permian Basin of West Texas.


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Concho Resources Agrees to Sell Its Bakken Assets for $196 Million | mid_txbz, North Dakota Bakken, Bakken, North dakota, Richardson Barr, Concho Resources, Permian Basin,
Concho Resources Agrees to Sell Its Bakken Assets for $196 Million

Texas Business reports:  Midland’s Concho Resources Inc.  signed a definitive agreement with Linn Energy to sell its North Dakota Bakken assets for $196 million.


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West Texas Intermediate Crude | federal reserve bank, West texas intermediate crude, mid_txbz, odes_txbz, amar_txbz,
West Texas Intermediate Crude

Texas Business reports:  West Texas Intermediate crude oil prices edged up 0.2 percent to $89.58 per barrel in February, according to the Federal Reserve Bank of Dallas.


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Texas Attorney General’s Office Charges Freeport Industrial Facility With Violating Texas Environmental Laws | Gulf Chemical, GCMC, TCQC, Texas Clean Air Act, Texas Water Quality Control Act, petrochemical, refinery, hou_txbz, beau_pta_txbz,
Texas Attorney General’s Office Charges Freeport Industrial Facility With Violating Texas Environmental Laws

Texas Business reports:  The Texas Attorney General’s office charged Gulf Chemical & Metallurgical Corporation (GCMC) with violating Texas environmental protection laws.


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CB&I Awarded FEED Contract for Sohar Refinery in Oman | hou_txbz, woodlands, Oman, Oman refineries, sohar refinery, sultanate of Oman, sultanate, clean fuel unit, energy infrastructure, middle east,
CB&I Awarded FEED Contract for Sohar Refinery in Oman

Texas Business reports: The Woodlands—C B & I won a contract valued in excess of $40 million by the Oman Refineries and Petrochemical Company for the front end engineering and design (FEED) and project management services for the Sohar Refinery Expansion Project in the Sultanate of Oman.

 Full Story »
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Mitcham Industries Buys 3000 Channels of Sercel Cable-free UNITE Technology | hou_txbz, huntsville, Mitcham, Sercel, seismic survey, telemetry mode, 428xl,
Mitcham Industries Buys 3000 Channels of Sercel Cable-free UNITE Technology

Texas Business reports: Huntsville—Mitcham Industries Inc. plans to buy 3,000 channels of Sercel's UNITE cable-free land acquisition system. 


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Houston Firm Receives First Deepwater Drilling Permit To Meet Important New Safety Standards in Gulf of Mexico | hou_txbz, Noble Energy, BOEMRE, deepwater drilling, offshore oil, oil and gas, Mississippi Canyon, Block 519, Venice, subsea blowout,
Houston Firm Receives First Deepwater Drilling Permit To Meet Important New Safety Standards in Gulf of Mexico

Texas Business reports: A Houston firm won approval the first deepwater drilling permit since the Deepwater Horizon explosion and resulting oil spill from the Bureau of Ocean Energy Management, Regulation and Enforcement. 


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Holly Corporation and Frontier Oil Corporation To Merge | hou_txbz, dal_ftw_txbz, Holly Corporation, Frontier Oil Corporation, HollyFrontier, Mid-Con
Holly Corporation and Frontier Oil Corporation To Merge

Texas Business reports:  A Houston and Dallas companies have merged to create a $7 billion refining company to be based in Dallas.


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TexasBusiness.com

Kirby Corporation Signs Agreement to Purchase United Holdings LLC | hou_txbz, Kirby Corporation, United Holdings, Allison Transmission, MTU Diesel, Daimler,
Kirby Corporation Signs Agreement to Purchase United Holdings LLC

Texas Business reports:  Houston—Kirby Corporation reached an agreement to buy United Holdings LLC, a distributor and service provider of engine and transmission related products for the oil and gas services, power generation and transportation industries, and manufacturer of oilfield service equipment.


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Texas Allied Petroleum Announces Commercial Production Achieved in Main Pass | aust_txbz, TAP, Texas Allied Petroleum, energy, oil production, producing asset,
Texas Allied Petroleum Announces Commercial Production Achieved in Main Pass

Texas Business reports: Texas Allied Petroleum announced that sustained commercial production of crude oil was achieved in October of 2010 from the Main Pass 35 platform in Plaquemines Parrish, Louisiana. 

 Full Story »
TexasBusiness.com

Texas Rotary Rig Count Inches Down | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, rotary rig, Baker Hughes,
Texas Rotary Rig Count Inches Down

Texas Business reports:  The Texas rotary rig count sits at 738 this week, down nine from last week, but up 173 from a year ago, according to Baker Hughes.


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Mogul Energy acquires oil, gas lease rights in Texas
Texas Business notes this story by the Energy Business Review:  Oil and gas exploration company Mogul Energy International has acquired oil and gas rights on more than two dozen leases in Jackson County, Texas. Full Story »

Arlington Firm Wins $12.6 Million Air Force Base Fuel Distribution Build Contract | dal_ftw_txbz, kinley construction, Travis Air Force Base, Fairfield, Navy Electronic, Naval Facilities, Engineering Command,
Arlington Firm Wins $12.6 Million Air Force Base Fuel Distribution Build Contract

Texas Business reports:  An Arlington firm won a $12.6 million contract to build a fuel distribution system for the military, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

Amarillo Firm Wins $14.8 Million Military Fuel Contract | amar_txbz, Defense Logistics, TAC-Air, Truman Air,
Amarillo Firm Wins $14.8 Million Military Fuel Contract

Texas Business reports:  An Amarillo firm won a $14.8 million contract to provide fuel to the U.S. Military, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

Tiga Energy Services Enters Joint Venture to Deploy Blended Renewable Energy Plants | aust_txbz, tiga energy, Dentsu, Eco-Merge, Innovative Energy, blended energy, renewable energy, Bastrop County,
Tiga Energy Services Enters Joint Venture to Deploy Blended Renewable Energy Plants

Texas Business reports:  An Austin firm entered into a joint venture to build what it calls the first blended energy power plant in Texas. 

 Full Story »
TexasBusiness.com

Uranium Resources Completes Initial Testing On Cores Recovered from Ambrosia Lake Property | dal_ftw_txbz, Uranium resources, mining, churchrock,
Uranium Resources Completes Initial Testing On Cores Recovered from Ambrosia Lake Property

Texas Business reports: Lewisville-based Uranium Resources Inc. announced that a third-party laboratory analysis of the approximately 70 feet of cores recovered from its Ambrosia Lake property showed low organic carbons, which, in URI’s opinion, indicates that some of the 860,000 pounds of in-place mineralized material at this property may be amenable to in situ recovery (ISR) mining.


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 ExxonMobil Subsidiary Drills World’s Longest Extended-Reach Well | dal_ftw_txbz, exxonmobile, extended reach well, neftegas, rosneft, odoptu,
ExxonMobil Subsidiary Drills World’s Longest Extended-Reach Well

Texas Business reports:  Irving-based Exxon Mobil’s subsidiary recently drilled what is called the world’s longest “extended reach well” at 7.67 miles. 

 Full Story »
TexasBusiness.com

Here Enterprises Conducting Wind Turbine Site Selection at Cycle Ranch | sanant_txbz, Wind Here, renewable energy, wind turbine,
Here Enterprises Conducting Wind Turbine Site Selection at Cycle Ranch

Texas Business reports:  Here Enterprises Inc. is conducting site selection at its fully owned subsidiary and national motocross track Cycle Ranch near San Antonio. 

 Full Story »
TexasBusiness.com

Approach Resources Inc. Acquires 10,900 Net Acres in Wolffork Oil Shale Play | odes_txbz, mid_txbz, Approach Resources, Pangea West, Permian Basin, lub_txbz,
Approach Resources Inc. Acquires 10,900 Net Acres in Wolffork Oil Shale Play

Texas Business reports:  A West Texas energy company bought 10,900 acres in an important oil shale play. 

 Full Story »
TexasBusiness.com

KiOR Receives Loan Guarantee Term Sheet for Over $1 Billion Project From U.S. Department of Energy | KiOr, renewable energy, cellusic, biofuel,
KiOR Receives Loan Guarantee Term Sheet for Over $1 Billion Project From U.S. Department of Energy

Texas Business reports: Pasadena, Texas-based KiOR Inc. received a term sheet for a loan guarantee supporting an over $1 billion biofuels project from the U.S. Department of Energy’s Loan Guarantee Program.


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TexasBusiness.com

Mainland Resources and American Exploration Merger Update | hou_txbz, merger, oil and gas, exploration, Mainland Resources, American Exploration,
Mainland Resources and American Exploration Merger Update

Texas Business reports:  Mainland Resources Inc. provides an update on the merger agreement between Mainland and American Exploration:


 Full Story »
TexasBusiness.com

Rotary Rig Count  | rotary rig count, Baker Hughes, abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz
Rotary Rig Count

Texas Business reports:  The Texas rotary rig count sits at 740 this week,  down one from last week, and up 202 from a year ago, according to Baker Hughes.


 Full Story »
TexasBusiness.com

Houston’s Endicott Biofuels LLC to Build 30-Million Gallon-per-Year Biorefinery at Por Arthur KMTEX Facility   | Endicott Biofuel, KMTEX, EBF, Haddington Ventures, biofuel, biodiesel, waste fat,
Houston’s Endicott Biofuels LLC to Build 30-Million Gallon-per-Year Biorefinery at Por Arthur KMTEX Facility

Texas Business reports:  Endicott Biofuels LLC (EBF) has signed an agreement with KMTEX Ltd. (KMTEX) to construct a 30-million gallon-per-year biorefinery in Port Arthur that will employ EBF's proprietary technology for the production of high-purity G2 Clear™ biodiesel. 


 Full Story »
TexasBusiness.com

Texas Rotary Rig Count Increases | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, Baker Hughes, oil, rotary rig,
Texas Rotary Rig Count Increases

Texas Business reports:  The Texas rotary rig count sits at 741 this week, up 10 from last week and up 213 from a year ago, according to Baker Hughes.


 Full Story »
Texas Business

ZEEP Buys Beaumont Gasification Project  | beau_pta_txbz, ZEEP, zeep, Eastman Chemical, TX Energy, petroleum coke, carbon dioxide, hydrogen,
ZEEP Buys Beaumont Gasification Project

Texas Business reports:  A multinational energy company bought a Beaumont energy plant, officials announced.


 Full Story »
Texas Business

Riverstone Ups Its Texas Energy Investment | River Stone, Three Rivers, Permian Basin, aust_txbz, odes_txbz, mid_txbz,
Riverstone Ups Its Texas Energy Investment

Texas Business reports:  A New York firm upped its investment in an Austin energy company and acquired more properties in the Permian Basin.


 Full Story »
TexasBusiness.com

Green Star Energies Completes Reverse Takeover With North Texas Energy | Green Star, North Texas Energy, dal_ftw_txbz,
Green Star Energies Completes Reverse Takeover With North Texas Energy
Texas Business reports:  Green Star Energies Completes Reverse Takeover With North Texas Energy Full Story »
TexasBusiness.com

PSEG Power Enters Into Agreement to Sell Odessa, Guadalupe Power Plants | odes_txbz, brn_har_txbz, elp_txbz, lar_txbz,  mca_edi_miss_txbz,
PSEG Power Enters Into Agreement to Sell Odessa, Guadalupe Power Plants

Texas Business reports:  PSEG Power, a subsidiary of Public Service Enterprise Group is selling its Texas generating plants. 


 Full Story »
TexasBusiness.com

TGC Industries Deploys Additional Seismic Field Acquisition Crews in the U.S. and Canada | dal_ftw_txbz, mid_txbz, hou_txbz, seismic acquisition, TGC Industries,
TGC Industries Deploys Additional Seismic Field Acquisition Crews in the U.S. and Canada

 Texas Business reports:  A Plano-based seismic field acquisition firm expands substantially during the end of 2010.

 Full Story »
TexasBusiness.com

Texas Rotary Rig Count Goes Up | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, rotary rig, Baker Hughes,
Texas Rotary Rig Count Goes Up

Texas Business reports:  The Texas rotary rig count sits at 733 this week, up two from last week, and up 235 from a year ago, according to Baker Hughes.


 Full Story »
TexasBusiness.com

2011 may be a gusher in South Texas

Texas Business notes this story by Brett Clanton of the Houston Chronicle:  Though still facing uncertainty on many fronts as 2011 begins, the oil and gas industry knows one thing: It likes what it sees in South Texas.

 Full Story »

Liberty Energy re-enters two wells in Texas
Texas Business notes this story by Energy Business Review:  Liberty Energy has successfully re-entered two wells and drilled out one well on the Lockhart Lease, Texas. Full Story »

Doral Energy Corp. Closes Business Merger; Changes Name to Cross Border Resources | Doral Energy, Cross Border Resources, DRLYD, sanant_txbz, mid_txbz, odes_txbz,
Doral Energy Corp. Closes Business Merger; Changes Name to Cross Border Resources

Texas Business reports:  Doral Energy Corp. and Pure Energy Group completed a merger, forming Cross Border Resources Inc. of San Antonio.


 Full Story »
TexasBusiness.com

Illinois Firm Acquires Harbison-Fischer of Texas for $402 Million | Crowley, Harbison-Fischer, Dover, artificial lift,
Illinois Firm Acquires Harbison-Fischer of Texas for $402 Million

Texas Business reports:  An Illinois firm bought a Texas oil & gas service provider for more than $400 million. 


 Full Story »
TexasBusiness.com

West Texas 'clean coal' plant leaps big obstacle
Texas Business notes this story by the Fort Worth Star-Telegram:  A proposed $2.2 billion "clean coal" plant in West Texas has leapt a major regulatory hurdle, receiving approval from the Texas Commission on Environmental Quality for an air-quality permit.  Full Story »

Comanche Peak expansion opponents suffer blow in panel's ruling
Texas Business notes this story by Jack Z. Smith the Fort Worth Star Telegram: Opponents of a multibillion-dollar expansion of the Comanche Peak nuclear power plant suffe plant suffered another major blow when an Atomic Safety and Licensing Board panel dismissed three of four remaining contentions against the proposed construction of two new reactors. Full Story »

Austin-based Cielo to build $100 million wind farm west of Amarillo
Texas Business notes this story by Laylan Copelin of the Austin American-Statesman:  Austin-based Cielo Wind Power has signed an agreement with Xcel Energy, a utility with operations in eight states, to build a $100 million-plus wind farm west of Amarillo. Full Story »

Houston’s Atmos Wins $39 Million Defense Logistics Natural Gas Contract | Fort Belvoir, Atmos, natural gas, Defense Logistics,
Houston’s Atmos Wins $39 Million Defense Logistics Natural Gas Contract
Texas Business reports:  A Houston firm won a $39 million natural gas contract, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

El Paso Firm Lands $111 Million Aviation Fuel Contract | elp_txbz, western refining, aviation fuel, Fort Belvoir, Defense Logistics,
El Paso Firm Lands $111 Million Aviation Fuel Contract

Texas Business reports: An El Paso firm won a $111 million aviation fuel contract, the U.S. Department of Defense announced.


 Full Story »
Texas Business

Houston Firm Wins Defense Logistics Aviation Fuel Contract | hou_txbz, aviation fuel, defense logistics, Equilon,
Houston Firm Wins Defense Logistics Aviation Fuel Contract
Texas Business reports:  A Houston firm won a $239 million contract for aviation fuel, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

San Antonio Firm Lands $249 Aviation Fuel Contract | Valero, Defense Logistics Agency, Fort Belvoir, aviation fuel,
San Antonio Firm Lands $249 Aviation Fuel Contract

Texas Business reports:  A San Antonio firm won a $249 million aviation fuel contract for the Defense Logistics Agency.


 Full Story »
Texas Business

Nevada Firm Buys Texas Wind Energy Development Project | Here Enterprises, Cycle Ranch, ABS Land, sanant_txbz,
Nevada Firm Buys Texas Wind Energy Development Project

Texas Business reports:  A Las Vegas-based company bought a Texas wind firm, officials announced.


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Texas Business

Milagro Acquires RWG Energy Assets In North Texas | dal_ftw_txbz, hou_txbz,
Milagro Acquires RWG Energy Assets In North Texas
Texas Business reports:  Milagro completed a $43 million purchase of certain North Texas assets from RWG Energy, Inc., a wholly owned subsidiary of RAM Energy Resources, Inc. Full Story »
TexasBusiness.com

DOE Announces First Three Texas Companies to Receive Industrial Energy Efficiency Certification | hou_txbz, aust_txbz, dal_ftw_txbz, Cook Composites, Polymer, Freescale Semiconductor, Owens Corning,
DOE Announces First Three Texas Companies to Receive Industrial Energy Efficiency Certification

Texas Business reports:  The U.S. Department of Energy (DOE) certified the first industrial plants in the country under the Superior Energy Performance program—a new, market-based industrial energy efficiency program. 

 Full Story »
Texas Business

Shell Sells South Texas Gas Fields For $1.8 Billion

 Texas Business reports:  Shell is selling its South Texas gas fields group  to OXY USA Inc., a subsidiary of Occidental Petroleum Corp., for approximately $1.8 billion. 

 Full Story »
Texas Business

Rotary Rig Count Up | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, rotary rig, Baker Hughes,
Rotary Rig Count Up

Texas Business reports:  The Texas rotary rig count sits at 753 this week, up four from last week and up 295from a year ago, according to Baker Hughes.


 Full Story »
Texas Business

EPA Orders Fort Worth Range Resources To Take Immediate Action | Range Resources, Range Natural Gas, EPA, TRC, Texas Railroad Commission, benzene, Parker County, dal_ftw_txbz, abil_txbz,
EPA Orders Fort Worth Range Resources To Take Immediate Action
Texas Business reports: The U.S. Environmental Protection Agency (EPA)  ordered a Fort Worth natural gas company   to take immediate action to protect homeowners living near one of its drilling operations who have complained about flammable and bubbling drinking water coming out of their tap. Full Story »
Texas Business

Rotary Rig Count Inches Up  | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, Baker Hughes, rotary rig, oilfied,
Rotary Rig Count Inches Up

 Texas Business reports:  The Texas rotary rig count sits at 749 this week, up four from last week and up 298 from a year ago, according to Baker Hughes.

 Full Story »
Texas Business

Houston Firm Signs Agreement with Clean Coal Technologies   | hou_txbz, CCTI, MBA, Morgan Brown Ayres, clean coal,
Houston Firm Signs Agreement with Clean Coal Technologies

Texas Business reports:  A Houston firm signed an agreement with a Manhattan-based coal technology company. 

 Full Story »
Texas Business

NINA Announces Newly Developed EPC Consortium to Advance South Texas Project | hou_txbz, aust_txbz, Nuclear Innovation, NINA, STP, South Texas Project, NRG, Toshiba, Colorado River, EPC, Shaw Group,
NINA Announces Newly Developed EPC Consortium to Advance South Texas Project
Texas Business reports:  Nuclear Innovation North America LLC (NINA), the nuclear development company jointly owned by NRG Energy, Inc. and Toshiba Corporation has awarded the engineering, procurement and construction (EPC) contract for South Texas Project Units 3 and 4 to a restructured EPC consortium (the Consortium) formed by Toshiba America Nuclear Energy Corporation, a US based Toshiba subsidiary, and The Shaw Group Inc. Full Story »
Texas Business

Macquarie Energy and Freeport LNG Expansion, L.P. to Jointly Develop U.S. LNG Export Project | beau_pta_txbz, brn_har_txbz, corp_chr_txbz, hou_txbz, vic_txbz, Macquarie Energy, Freeport,
Macquarie Energy and Freeport LNG Expansion, L.P. to Jointly Develop U.S. LNG Export Project

Texas Business reports:  Macquarie Energy, the North American energy marketing and trading arm of Macquarie Group, and Freeport LNG Expansion LP reached an agreement to jointly develop and market liquefaction capacity at Freeport LNG's existing liquefied natural gas (LNG) import terminal near Freeport.   


 Full Story »
Texas Business

Halek Energy LLC Receives Halek Caddo Oil Field Designation From Texas Railroad Commission | dal_ftw_txbz,
Halek Energy LLC Receives Halek Caddo Oil Field Designation From Texas Railroad Commission
 Texas Business reports: Halek Energy LLC received Texas Railroad Commission approval to designate a productive oil field in Jack County as Halek (Caddo). Full Story »
Texas Business

Valero Energy Sells Interest in largest Gulf Pipeline System to Genesis Energy  | sanant_txbz, hou_txbz, corp_chr_txbz, beau_pta_txbz, brn_har_txbz, corp_chr_txbz, hou_txbz, vic_txbz,
Valero Energy Sells Interest in largest Gulf Pipeline System to Genesis Energy
Texas Business reports: Houston’s Genesis Energy LP completed the acquisition of San Antonio’s Valero Energy Corporations’  indirect 50 percent equity interest in Cameron Highway Oil Pipeline Company), a joint venture that owns and operates the largest crude oil pipeline system in the Gulf of Mexico.  Full Story »
Texas Business

Osyka Signs Letter of Intent to Acquire Una West Oil Field | hou_txbz, vic_txbz, Osyka Corporation, Una West Field, Viper SWD,
Osyka Signs Letter of Intent to Acquire Una West Oil Field
Texas Business reports:  Osyka Corporation, a Houston-based energy company specializing in exploration, production, development, and acquisition of oil and gas properties, signed a letter of intent with Viper SWD LLC to acquire Una West Field, an oil field located in Victoria County. Full Story »
TexasBusiness.com

Deloitte: Sunoco foresees higher US refining operating costs
Texas Business notes this story by Paula Dittrick of Oil & Gas Journal:  US refiners are likely to keep plants running if they can maintain cash-positive operations despite a glut of US downstream capacity and weak margins, Sunoco Inc. Chairman, Chief Executive Officer, and Pres. Lynn Elsenhans told the Deloitte LLP oil and gas conference in Houston  Full Story »

Rotary Rig Count | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, rotary rig, baker hughes,
Rotary Rig Count

Texas Business reports:  The Texas rotary rig count sits at 739 this week,  up seven from last week, and up 298 from a year ago, according to Baker Hughes.

 

 Full Story »
TexasBusiness.com

Houston Firm Wins $8 Million Energy Supply Contract

Texas Business reports:  A Houston firm won an $8 million contract to supply energy to several federal civilian agencies, the U.S. Department of Defense announced.


 Full Story »
TexasBusiness.com

Koch Pipeline Company Expands Texas Crude Oil Pipeline Capabilities

Texas Business reports:  Koch Pipeline Company LP is seeking corporate approval to further expand its South Texas Crude oil system.


 Full Story »
TexasBusiness.com

Kinder Morgan/Copano Energy JV Enters Into Eagle Ford Shale Gas Services Agreement With Chesapeake Energy Corporation

Texas Business reports: Eagle Ford Gathering LLC, a 50/50 joint venture  between Kinder Morgan Energy Partners  LP and Copano Energy LLC reached an agreement to provide services to Chesapeake Energy Marketing Inc., an affiliate of Chesapeake Energy Corporation in the Eagle Ford Shale play in South Texas. 

 Full Story »
TexasBusiness.com

Texas officials visit China to examine coal industry
Texas Business notes this story by Asher Price of the Austin American-Statesman:  A half-dozen high-ranking Texas officials are visiting China to take a look at some of that nation’s coal-burning power plants. Full Story »

Marines Order $37.8 Million of Solar Power Equipment from Austin Firm | aust_txbz, photovoltaic canopies, ground arrays, solar energy, URS, URS-IAP, Marines, Camp Lejeune,

Twentynine Palms Ground Array.
Marines Order $37.8 Million of Solar Power Equipment from Austin Firm

Texas Business reports:  An Austin firm won a $37.8 million order for design and construction of a solar power center for U.S. Marines, the U.S. Department of Defense announced. 


 Full Story »
TexasBusiness.com

Rotary Rig Count | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz
Rotary Rig Count

Texas Business reports:  The Texas rotary rig count sits at 732 this week, up 12 from last week, and up 300 from a year ago, according to Baker Hughes.

 Full Story »
TexasBusiness.com

EVSO Signs Partner Agreement with Solar-Nomics | hou_txbz, Solar-Nomics, Evso, First Solar, Exxon, Texas Southern,
EVSO Signs Partner Agreement with Solar-Nomics
Texas Business reports:  The Woodlands—Evolution Solar Corporation signed a partner agreement with Denver solar energy services company Solar-Nomics. Full Story »
TexasBusiness.com

Poll Finds Mixed Reaction To Tenaska In Sweetwater
Texas Business notes this story by Laura Madison of KTXS NewsEmotions run high surrounding the proposed Tenaska coal-fired power plant, but what do Sweetwater residents think about it?  Full Story »

Uranium Resources Plans to Explore Texas Ranch For Uranium | corp_chr_txbz, dal_ftw_txbz, uranium, rare earth, Cameo Resources,
Uranium Resources Plans to Explore Texas Ranch For Uranium

Texas Business reports:  A Lewisville mining firm plans to prospect on a Texas ranch property for uranium. 

 Full Story »
TexasBusiness.com

California Firm Buys Carthage Wastewater Company For $66 Million  | lngv_txbz, Carthage, Palm Desert, Complete Vacuum and Rental, Haynesville Shale, Panola County, Shelby County, Rusk County, Angelina County, Eagle Ford Shale, Barnett Shale, Richard J. Heckmann, Steve Kent, Heckmann, CVR, Energy Transfer Partners, Marcellus oil, China Water & Drinks, China, Coca Cola, Underground Solutions,
California Firm Buys Carthage Wastewater Company For $66 Million

Texas Business reports:   A California firm bought  Carthage oilfield wastewater company. 

 Full Story »
TexasBusiness.com

Rotary Rig Count | hou_txbz, rotary rig count, Baker Hughes, drilling industry,
Rotary Rig Count

Texas Business reports:  The Texas rotary rig count sits at 720 this week,  up four from last week, and up 313 from a year ago, according to Baker Hughes.


 Full Story »
TexasBusiness.com

Oil States Awarded Contracts by FloaTEC Totaling $29 Million for Tendon Mooring Equipment for a Tension Leg Platform | hou_txbz, dal_ftw_txbz, Oil States International, FloaTEC, tension leg platform,
Oil States Awarded Contracts by FloaTEC Totaling $29 Million for Tendon Mooring Equipment for a Tension Leg Platform

Texas Business reports:  A Texas firm won a $29 million contract an offshore energy platform near Brazil. 

 Full Story »
TexasBusiness.com

Oklahoma Firm Sell North Texas Gas Assets for $43.7 Million | dal_ftw_txbz, odes_txbz, mid_txbz, RAM Energy Resources, Barnett Shale,
Oklahoma Firm Sell North Texas Gas Assets for $43.7 Million

Texas Business reports:  An Oklahoma firm is selling its North Texas energy properties to a private firm. 

 Full Story »
TexasBusiness.com

James Cameron, Schwarzenegger team up to terminate Texas oilmen Read more: http://www.sfgate.com/cgi-bin/blogs/nov05election/detail?entry_id=75849#ix
Texas Business notes this story by the San Francisco Chronicle:  Texas oil companies are the villains in the latest production by Academy Award-winner James Cameron, the director behind movie blockbusters including "Terminator," "Titanic" and "Avatar.  Full Story »

Houston Firm Wins $50 Million In Contracts To Work On Australia Natural Gas Project  | hou_txbz, LNG, liquified natural gas, CB&I, Australia,
Houston Firm Wins $50 Million In Contracts To Work On Australia Natural Gas Project

Texas Business reports:  A Houston-area company won contracts totaling more than $50 million to work on an Australian liquefaction and regasification terminal.  Liquefied natural gas is used to transport natural gas over long distances, often by sea. 

 Full Story »
TexasBusiness.com

Berry Petroleum To Spend $175 Million To Buy West Texas Oil Properties

Texas Business reports:  Berry Petroleum Company plans to buy $175 million in the Wolfberry trend of West Texas in the Permian Basin, it announced in a press release. 


 Full Story »
TexasBusiness.com

TPG Gets Giddy Over Texas-Pacific World Series
Texas Business recommends this story by Peter Lattman of the New York Times:  Truth be told, this DealBook reporter is having a tough time getting excited over tonight’s World Series between two teams not from the Bronx.  Full Story »

Helix ESG Announces Startup of Phoenix Production | hou_txbz, Helix Energy Solutions, Floating Production Unit, Gulf of Mexico, deepwater drilling,
Helix ESG Announces Startup of Phoenix Production

Texas Business reports:  After Hurricane Rita destroyed a competitor’s deepwater oil rig four years ago, a Houston firm was able to buy it and rebuild the well for profit. 

 Full Story »
TexasBusiness.com

Gateway Acquires Pipeline Assets From Laser for $1.1 Million  | hou_txbz, Gateway Energy, Laser Pipeline, Tyson Foods,
Gateway Acquires Pipeline Assets From Laser for $1.1 Million

Texas Business reports:  Houston—Gateway Energy Corporation acquired natural gas pipeline assets from Laser Pipeline Company LP for $1.1 million, company officials announced. 

 Full Story »
TexasBusiness.com

Company to test clean coal technology at power plant
Texas Business notes this story by Wes Swift of the Fort Bend Sun:  A Fort Bend County power plant is on the cutting edge of a new technological wave that seeks to cut down the emissions from coal-powered power plants.
 Full Story »

Corpus Christi Firm Identifies Oil Drilling Targets By Studying Illinois Coal Data | corp_chr_txbz, Strategic American Oil, Illinois Basin, Pacific Ocean, Illinois State Geological Survey,
Corpus Christi Firm Identifies Oil Drilling Targets By Studying Illinois Coal Data

Texas Business reports:  CORPUS CHRISTI—A Texas oil company has identified several potential oil fields in Illinois by studying old Illinois geological surveys of coal. 

 Full Story »
TexasBusiness.com

San Antonio Firm Wins $180.7 Million Military Aviation Fuel Deal
Texas Business reports:  A San Antonio refiner won a $180.7 million, one year contract to supply aviation fuel to the U.S. military in Corpus Christi, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

Despite Pollution Worries, Texas Builds Coal Plants
Texas Business notes this story by Kate Galbraith of the Texas Tribune:  So what if coal, the dirtiest of the fossil fuels, faces tightening air-pollution standards from federal regulators?
 Full Story »

What's Inside A Wind Turbine
Texas Business notes this story by Braid Blanks of KTXS News:  They dot the horizon from Albany to Amarillo but rarely does the public ever see what's inside of wind turbines. Full Story »

White House to Lift Ban on Deep-Water Drilling
Texas Business notes this story by Peter Baker of the New York Times:  The Obama administration on Tuesday plans to announce that it is lifting the moratorium on deep-water oil drilling, after putting in place new rules intended to tighten safety. Full Story »

Uranium Energy Corp Announces Major Advance with Permitting for Goliad ISR Project in South Texas
 Texas Business reports: CORPUS CHRISTI—Uranium Energy Corp announced the Company's Goliad In-Situ Recovery (ISR) Project in South Texas has made a major advance toward becoming permitted for production. Full Story »
TexasBusiness.com

Chinese oil company, Chesapeake Energy enter deal for shale project in Texas
Texas Business notes this story by Steven Mufson of the Washington Post:  The China National Offshore Oil Corp. will pay Chesapeake Energy $2.2 billion for a one-third interest in a South Texas oil and natural gas shale project and will pay billions of dollars more for its share of development costs over the next several years. Full Story »

Talisman, Statoil to Buy, Operate Texas Oil Shale
Texas Business notes this story by Dan Hart of Bloomberg Businessweek: Talisman Energy Inc., the Canadian oil and natural gas explorer, and Statoil ASA, Norway’s largest oil and gas company, said they agreed to pay $1.33 billion for oil shale properties in the Eagle Ford formation in South Texas and form a joint venture to develop the fields. Full Story »

Texas Rare Earth Resources Corp. Announces Lease on Heavy Rare Earth Deposit at Round Top Mountain
Texas Business reports:  TYLER—Texas Rare Earth Resources Corporation,  formerly Standard Silver Corporation, announced it has executed a 20-year lease ith the Texas General Land Office covering 860 acres at Round Top Mountain in Hudspeth County. Full Story »
TexasBusiness.com

Fighting Big Texas Oil in California
Texas Business notes this blog by Pretti Vissa of the Huffington Post:  The fight over Proposition 23 in California has gotten national attention, and understandably so. This attempt by two Texas oil companies to roll back California's landmark clean energy law could deal a major blow to efforts to address pollution and climate change nationwide.  Full Story »

Texans seek industry legal protection from higher ethanol use
Texas Business notes this story by Darren Goode of The Hill:  Texas lawmakers in both parties are seeking legal protection for oil refiners and others that fear exposure to costly lawsuits if EPA allows an increase in the amount of ethanol blended into gasoline.   Full Story »

Looking past the Texas oil company stereotype in California's Prop 23 fight
Texas Business notes this story by Chris O'Brien of the San Jose Mercury News:  In fighting Proposition 23, the ballot measure that would all but kill California's landmark environmental legislations, opponents have settled on a fairly simple narrative Full Story »

Texas Rotary Rig | hou_txbz, odes_txbz, mid_txbz
Texas Rotary Rig
Texas Business reports:  The Texas rotary rig count sits at 718, unchanged from last week, but up 328 from a year ago, according to Baker Hughes. Full Story »
TexasBusiness.com

Judge recommends TCEQ allow pump test before permits are issued
Texas Business notes this story by J.R. Ortega of the Victoria Advocate:  GOLIAD - A judge has asked for more information in the ongoing struggle between a uranium company and Goliad County residents. Full Story »

Houston Firm Wins $80.8 Million DOD Fuel Supply Contract.
Texas Business reports:  A Houston firm won an $80.8 million contract to provide fuel to the Defense Logistics Agency, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

Clinton Manges, Volatile Texas Oilman and Rancher, Dies at 87
Texas Business notes this story by Douglas Martin of the New York Times:  Clinton Manges, who dropped out of grade school to pick cotton before rising to become a Texas legend by amassing a $1 billion fortune through land and oil deals, funneling millions to politicians, declaring bankruptcy and going to prison, died Thursday in a San Antonio nursing home.  Full Story »

Illinois' Aventine to move corporate office to Texas

A company that's been part of the Pekin scene for more than 100 years has announced that its corporate office will move to Texas, but it assured the Pekin mayor that the company's ethanol production would stay put. 

 Full Story »

Energy consulting group says White Stallion coal plant could cause health concerns for county residents
Texas Business notes this story by Adriana Acosta of the Victoria Advocate:  BAY CITY - A report detailing the health impacts of the proposed White Stallion Energy Center was released Tuesday by No Coal Coalition, Sierra Club and Public Citizen. Full Story »

Summit project looks for owner
Texas Business notes this story by Geoff Folsom of the Odessa American:  Summit Power Group Inc.’s planned Texas Clean Energy Project could have a new owner in the coming months. Full Story »

Lewisville’s Uranium Resources Inc. Completes Drilling in New Mexico’s Ambrosia Lake

Texas Business reports:  Uranium Resources Inc. announced today the company completed drilling at its Section 13 property in Ambrosia Lake in McKinley County, New Mexico, approximately 10 miles northeast of Grants.

 Full Story »
TexasBusiness.com

Houston firm Wins $39.6 Million Natural Gas Contract.

Texas Business reports:  A Houston firm won a $39.6 million contract to supply natural gas to the military and certain federal agencies, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

BP well dead, but its effects live on
Texas Business notes this story by the Houston Chronicle:  Sunday's death knell for BP's Macondo well heralded a milestone worth noting but was largely symbolic given the ongoing personal, economic, legal and environmental fallout from the accident. Full Story »

Morgan Stanley Private Equity Invests in Midland Oilfield Supply Company

Texas Business reports:  Midland—Morgan Stanley has invested in a Midland oilfield supply company. 

 Full Story »
TexasBusiness.com

Wind conference looks at training and career opportunities
Texas Business notes this story by ConnectAmarillo.com: A two-day multi-city wind energy conference starts at Amarillo College and wraps up at Western Texas College in Snyder.  Full Story »

Houston Firm Buys San Angelo’s PetroGreen Energy

Texas Business reports:  A Houston energy firm snapped up a San Angelo firm operating 11 wells, company executives announced. 

 Full Story »
TexasBusiness.com

Midland, San Antonio Energy Firms To Merge

Texas Business reports:  Midland—Doral Energy Corp. announced t has entered into a Letter of Intent to combine with Pure Gas Partners II  L.P of San Antonio. 

 Full Story »
TexasBusiness.com

ht Texas Business reports: Irving-based Breitling Oil and Gas Corporation, an independent producer, plans to drill an exploratory well near Victoria.

Texas Business reports:  Irving-based Breitling Oil and Gas Corporation, an independent producer, plans to drill an exploratory well near Victoria. 

 Full Story »
TexasBusiness.com

Texas Clean Energy Hampered by Location
Texas Business notes this story by Kate Galbraith of the New York Times:  AUSTIN, TEXAS — As the United States contemplates a clean-energy future, leadership is coming from a surprising place — Texas. Full Story »

Murphy Oil buys former Panda Ethanol plant
Texas Business notes this story by Kevin Welch of the Amarillo Globe-News:  A Hereford ethanol plant idled by bankruptcy should be pumping out the fuel in less than a year. Full Story »

German Military Braces for Scarcity After ‘Peak Oil’
Texas Business notes this story by John Collins Rudolph of the New York Times:  A study by a German military think tank leaked to the Internet warns of the potential for a dire global economic crisis in as little as 15 years as a result of a peak and an irreversible decline in world oil supplies. Full Story »

Texas Tech and Partners to Power Up First Wind Research Farm

Texas Business notes this story by Leslie Cranford of Texas Tech Today:  Texas Tech, industry and research partners are poised to power up their first of several planned renewable energy test facilities to help resolve key scientific and technology issues facing the wind power and broader clean energy industries.

 Full Story »

EPA Gets an Earful at Coal Ash Disposal Hearings
Texas Business notes this story in Environment News Service:  Concerned about the health and environmental dangers of coal ash dumps, hundreds of residents from four states packed a U.S. EPA hearing in Dallas Wednesday, urging the agency to adopt the stronger of two plans to regulate the waste from coal-fired power plants. Full Story »

Lewisville's URI breaks ground in New Mexico exploratory drilling
Texas Business notes this story by Donald Jaramillo of the Cibola Beacon:  CIBOLA COUNTY - Uranium Resources, Inc., of Lewisville, Texas, began drilling at its Section 13 property in Ambrosia Lake near San Mateo on State Road 605. Full Story »

Rotary Rig Count

Source: Baker Hughes
Rotary Rig Count
Texas Business reports:  The Texas rotary rig count sits at 712 this week,  down 11 from last week, and up 339 from a year ago, according to Baker Hughes. Full Story »
TexasBusiness.com

Clean coal energy
Texas Business notes this story by Sarah Tirrito of the Baylor Lariat:  The U.S. Department of Energy announced the allocation of $10 million in funding to expand two Texas research projects. Full Story »

Quest Oil Corporation Negotiating for West Texas Oil Properties  | sanant_txbz, sanang_txbz, abil_txbz

Concho County
Quest Oil Corporation Negotiating for West Texas Oil Properties

Texas Business reports:  Kerrville—Quest Oil Corporation, which has been rapidly expanding its mineral interests, is negotiating to buy an oil lease in Concho County. 

 Full Story »
TexasBusiness.com

Weak European economy, mild weather reduce energy prices

Texas Business notes this story by Sam Fletcher of  Oil & Gas Journal:  HOUSTON--Front-month crude prices continued to fall Sept. 7 while natural gas gave up a large segment of its gain from the previous session in the New York market.

 Full Story »


Texas Business notes this story by KUT's Nathan Bernier: The U.S. Department of Energy announced more than a half-billion dollars in funding today for so-called "clean coal" projects across the country, including a sizeable amount of the money headed for Texas. Full Story »

Hundreds testify at Dallas hearing on safety of ash from coal-burning power plants
Texas Business notes this story by Randy Lee Loftis of the Dallas Morning News:  Hundreds of people packed a public hearing in Dallas on Wednesday to sound off on a federal proposal to label the ash from coal-burning power plants as a hazardous waste. Full Story »

Blast Energy To Pay $1.2 Million for Matagorda County Oil & Gas Properties | lngv_txbz, hou_txbz
Blast Energy To Pay $1.2 Million for Matagorda County Oil & Gas Properties

Texas Business reports:  Houston-based Blast Energy Services announced today it was acquiring Sun Resources Texas Inc.’s oil and gas interests of Sun Resources Texas Inc in Matagorda County. 

 Full Story »
TexasBusiness.com

Texas' Wind Transmission Project Keeps Rolling
Texas Business recommends the first part of this series by Kate Galbraith of the Texas Tribune:  Last week, to cheers from a crowded courtroom, commissioners in Denton County unanimously passed a resolution opposing the construction of a big new transmission line through their county — even though it would carry clean, renewable wind power.  Full Story »

In Marfa, Artists Cheer Stall in Solar Project
Texas Business recommends this story by Brandi Grissom of the Texas Tribune:  In the tiny artists' outpost of Marfa, residents who opposed the build-out of a massive solar power plant can thank the languishing national economy for putting the project on hold.  Full Story »

Change In Texas Railroad Commission Spacing Regs Spur Oilfield Development.

Texas Business reports:  A recent decision by the Texas Railroad Commission to lower the spacing between oil wells have spurred a Kerrville company to increase the number of wells in its existing fields. Quest Oil, Corp. announce today that it has begun a comprehensive work program at its Hawkeye and Midkiff properties in Eastland County. 

 Full Story »
TexasBusiness.com

MetLife invests in South Texas Wind Farm

Texas Business:  Met Life invested in a Texas wind farm on the Gulf Coast, its equity partner announced today.

 Full Story »
TexasBusiness.com

Kansas City Firm Buys Texas Salt Dome Storage Caverns
Texas Business reports:    Inergy L.P.  ("Inergy") announced today that its wholly owned subsidiary, Inergy Midstream LLC, has executed a definitive agreement to purchase Tres Palacios Gas Storage LLC, the owner of the Tres Palacios natural gas storage facility, for $725 million plus reimbursement of certain capital expenditures and subject to customary net working capital adjustments. Full Story »
TexasBusiness.com

Pipeline Problems in Places Like Texas
Texas Business notes this story by Newsweek:  In the aftermath of the BP oil spill, lawmakers have, understandably, focused on sweeping reforms of offshore-drilling protocols. But no matter how worried we are about the rigs, we can’t ignore our inland oil issues. Full Story »

Tropical Storm Hermine Set to Make Landfall Tonight
 Texas Business notes this story by Aaron Clark and Alex Morales of Bloomberg Businessweek:  Tropical Storm Hermine, near the western end of the Gulf of Mexico, is poised to make landfall tonight, forcing at least one Texas refinery to take precautions. Full Story »

How fracking works: Sand and water go in; natural gas comes out
Texas Business notes this story by Jack Z. Smith of the Fort Worth Star-Telegram:  A customarily tranquil spot in rural northeast Johnson County was transformed into a noisy, massive industrial operation for several days in April.
 Full Story »

Quest Oil Closes B&B Oil Acquisition

Texas Business reports:  KERRVILLE—Quest Oil announced that it successfully completed the acquisition of B&B Oil Inc. 

 Full Story »
TexasBusiness.com

The Barnett Shale search for facts on fracking
Texas Business notes this story by Jack Z. Smith of the Fort Worth Star-Telegram:  Tarrant County Commissioner J.D. Johnson recalls precisely when the 260-foot-deep water well at his rural home became polluted in August 2005.

Re 
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With Neighbors Unaware, Toxic Spill at a BP Plant
Texas Business notes this story by James C. McKinley Jr. of the New York Times:  TEXAS CITY, Tex. — While the world was focused on the oil spill in the Gulf of Mexico, a BP refinery here released huge amounts of toxic chemicals into the air that went unnoticed by residents until many saw their children come down with respiratory problems. Full Story »

Texas Rotary Rig Count Inches Down | hou_txbz
Texas Rotary Rig Count Inches Down

Texas Business reports:  The Texas rotary rig count sits at 723 this week, down three from last week, but up 335 from a year ago, according to Baker Hughes.

 Full Story »
Texas Business

Plano company works to plug leaking North Dakota oil well
Texas Business notes this story by James MacPherson of Bloomberg Businessweek: A Texas company worked Thursday to seal the underground piping of a faulty oil well that has leaked more than 1,100 barrels of crude and water at a drill site in western North Dakota.

 Full Story »

Mayor Villaraigosa: 'Go home, Texas oil companies!'
Texas Business notes this story from the Los Angeles Times:  Mayor Antonio Villaraigosa  rebuked Valero Energy Corp. and Tesoro Corp., which operate refineries in Wilmington, for bankrolling a measure that would effectively scuttle the state's efforts to curb greenhouse gas emissions. Full Story »

Drilling deal would pump revenue into 3 city parks
Texas Business notes this story by Bradley Olson of the Houston Chronicle:  Several cash-strapped city parks are poised to get an injection of revenue from an unusual source: natural gas exploration. Full Story »

Uranium Energy Corp Completes Phase One of Wellfield Development at Palangana in South Texas
Texas Business reports:  Uranium Energy Corp completed the first of three phases of wellfield development at Production Area One at the Palangana ISR uranium project located in South Texas. Full Story »
Texas Business

Protecting that peaceful, easy feeling

Texas Business notes this story by Loren Steffy of the Houston Chronicle:  These rolling hills are being swept up in the drilling boom for the Eagle Ford Shale, a geologic formation that runs as deep as 11,000 feet under Walker's pecan trees and that's rich in oil and natural gas.

 Full Story »

More D-FW cities tapping into natural gas drilling revenue to help ease budget woes

Texas Business notes this story by Aman Batheja of the Fort Worth Star-Telegram:  As Tarrant County cities struggle with wide budget shortfalls, revenue from natural gas drilling is softening the blow in some cases.

 

 Full Story »

Texas Rotary Rig Count Continues To Rise
Texas Business reports:  The Texas rotary rig count sits at 729 this week, up 13 from last week, and up 353 for a year ago, according to Baker Hughes
 Full Story »
Texas Business

Coal disposal problems found at Fayette plant
Texas Business notes this story by Asher Price of the Austin American-Statesman:  Groundwater testing beneath a Central Texas power plant has revealed elevated levels of a handful of chemicals. Full Story »

Coal disposal problems found at Fayette plant
Texas Business notes this story by Asher Price of the Austin American-Statesman:  Groundwater testing beneath a Central Texas power plant has revealed elevated levels of a handful of chemicals, according to a report released by environmental groups Thursday. Full Story »

Find the Epicenter of Oil and Gas Industry's Political Influence Deep in the Heart of an Unlikely Texas City
Texas Business recommends this story by David Levinthal of Open Secrets:  The epicenter of the oil and gas industry's political campaign prowess -- ZIP code 76102 -- sits amid trendy bars and sushi restaurants, boutiques and bookstores and plenty of soaring office and condo towers. Full Story »

Beaumont company builds solar power conversion system
Texas Business notes this story by Dan Wallach of the Beaumont Enterprise:  A Beaumont-built device could put solar energy's cost to the consumer on a par with power from more conventional sources, said the head of the company that created. Full Story »

How fast will natural gas drilling come to Dallas?

Texas Business notes this story by Randy Lee Loftis of the Dallas Morning News:  A bit of nearly abandoned industrial land holds a different future for Dallas. 

 Full Story »

Two Dallas Shale Firms Up For Sale

Texas Business notes this story by Reuters: Dallas-based Chief Oil & Gas, an active operator in the Marcellus Shale on the East Coast, is on the block, and could be snapped up for up to $3 billion,

 Full Story »

Amarillo’s Exterra Energy Aquires 3,100 Acres of Barnett Shale Formation

Texas Business reports:  AMARILLO—Exterra Energy, Inc.  announced today that the company has acquired 3,100 acres of mineral leases in the North West corner of the Barnett Shale in the dual oil/gas window of Texas. 

 Full Story »
Texas Business

Proposition 23, Anti-Environment 'California Jobs Initiative', Is Funded By Big Polluters In Texas And The Midwest

Texas Business notes this story by Laura Bassett of the Huffington Post: Proposition 23, the so-called "California Jobs Initiative" threatening to suspend some of California's unprecedented clean air and renewable energy legislation, is raking in millions of dollars from Texas oil companies and special interest groups in the Midwest that stand to profit from rolled-back environmental regulation.

 Full Story »

Oil Group Plans ‘Citizen’ Rallies in 5 States to Oppose Measures

Texas Business notes this story that discusses three Texas city rallies by the oil industry by Jim Snyder of Bloomberg:  The American Petroleum Institute will sponsor rallies in five states next month aimed at linking the oil and gas industry to the health of the U.S. economy and blunting legislation it opposes in Congress.

 Full Story »

Texas City residents unaware of release at BP refinery
Texas Business recommends this story by Monica Hatcher of the Houston Chronicle:  For 40 days, flares burned 500,000 pounds of toxic chemicals over BP's Texas City refinery. Full Story »

Hedge funds flip again over coal
Texas Business notes this story by Loren Steffy of the Houston Chronicle:  The billionaire buyout boys are back. Full Story »

Houston's Crimson Exploration Announces Successful Drilling Results in San Augustine and Liberty Counties, Texas

Texas Business reports: Houston-based Crimson Exploration Inc. completed its first well in San Augustine County. 

 Full Story »
Texas Business

Chestnut Petroleum Hits Big in the Barnett Shale

Texas Business reports:  Chestnut Petroleum announced a successful “monster” gas well drilled in the Barnett Shale in Tarrant County. 

 Full Story »
Texas Business

Chestnut Petroleum Hits Big in the Barnett Shale

Texas Business reports:  Chestnut Petroleum announced the recent completion of the Crowley Teeter #1H, a horizontal well drilled in the sweet spot of the massive Newark, East gas field in the Barnett Shale.

 Full Story »
Texas Business

Mesa Energy says its predecessor's activities are subject of SEC inquiry

Texas Business notes this story by Eric Torbenson of the Dallas Morning News:  Dallas-based Mesa Energy Holdings Inc. said that the Securities and Exchange Commission has started a formal inquiry into possible improper stock sales related to Mesa's predecessor company.

 Full Story »

DOE Awards $15 Million in Funding for UT’s Energy Frontier Research Centers

Texas Business reports:  In a major effort to accelerate the scientific breakthroughs needed to build a new 21st-century energy economy, U.S. Energy Secretary Steven Chu recently announced the University of Texas would receive $15 million in funding for its Energy Frontier Research Center. 

 Full Story »
Texas Business

General sets goal for Fort Bliss to run on solar power by 2015

Texas Business recommends this story by John Hall of the El Paso Times:  FORT BLISS -- If this post's new commanding general has his way, Fort Bliss will be energy independent in a little more than five years.

 Full Story »

Texas Rig Count  | hou_txbz,

Texas Rig Count by Baker Hughes Inc.
Texas Rig Count
Baker Hughes issued its monthly rotary rig count.  Rotary rig counts are used as indicators for activity in the oil and gas industry.  Full Story »
Source: Baker Hughes Inc.

Blackstone private equity firm to buy Dynegy for $540 million

TexasBusiness.com recommends this story by Tom Fowler of the Houston Chronicle:  In a series of deals more like the post-season NBA than the power plant business, Houston-based Dynegy is being acquired by private equity firm Blackstone Group in a $4.7 billion deal, then selling some of its assets to NRG Energy for $1.36 billion.

 Full Story »

Pantex Plant Flood Expense Could Hit $60M
TexasBusiness.com notes this story by Global Security Newswire:  The United States faces a projected $60 million price tag to repair flood damage at the Pantex Plant in Amarillo.  Full Story »

Pennsylvania Firm Makes $31.1 Million Buy In Continuing Eagle Ford Shale Scramble

TexasBusiness.com reports:  In another chapter of the scramble for minerals in the Eagle Ford Shale of South Texas, Penn Virginia Corp bought 6,800 acres of the formation for $31.1 million.

The Eagle Ford Shale is a rock formation underlying several counties in South Texas consisting of rich oil and natural gas deposits. 

 Full Story »
TexasBusiness.com

EOG quickens pace in Eagle Ford shale
TexasBusiness.com notes this story by the Oil & Gas Journal: Houston's EOG Resources Inc., Houston, will ramp up its operated rig fleet to 12 at the end of 2010 and 14 in 2011 from five at present as it better understands the South Texas Eagle Ford shale from interpreting 3D seismic along the 120-mile oil trend in which it holds 505,000 net acres.  Full Story »

ERCOT Breaks Record for Electricity Demand Again
TexasBusiness.com reports:  The Electric Reliability Council of Texas Inc. (ERCOT), the electric grid operator for most of the state, set a new electricity demand record again this week with 63,830 megawatts (MW) between 4 and 5 p.m. Tuesday.  Full Story »
TexasBusiness.com

Boom Makers Say BP Left Them Adrift
TexasBusiness.com notes this story by Ann Zimmerman of the Wall Street Journal: Containment-boom makers and their vendors that ramped up supply for BP PLC after the Gulf of Mexico oil spill say the company suddenly stopped accepting deliveries weeks ago, leaving them with millions of dollars in unused product.

 

 Full Story »

KLD Energy Technologies Raises $6 Million of Equity To Target Scooter Market | aust_txbz
KLD Energy Technologies Raises $6 Million of Equity To Target Scooter Market

TexasBusiness.com reports: Austin’s  Energy Technologies Inc. (KLD), developers of clean energy technologies, announces the company has successfully closed-out $6 million dollars in Series B funding from private investors, bringing the total raised to $12 million over the last year. 

 Full Story »
TexasBusiness.com

Houston well-emergency firm opens Pennsylvania office
TexasBusiness.com notes this story by the Philadelphia Inquirer: A Texas company that responds to natural-gas well emergencies has opened a field office in Bradford County, which state environmental officials say should lead to a quicker response for the next blowout of a Marcellus Shale gas well.

 

 Full Story »

Targa Resources Partners LP Acquires Targa Resources Inc Assets In $230 Million Transaction

TexasBusiness.com reports:  Houston--Targa Resources Partners LP  announced today that it has agreed to acquire Targa Resources Inc.'s 63 percent interest in Versado Gas Processors L.L.C.  

 Full Story »
TexasBusiness.com

Deepwater Drillers, Such as Houston's Transocean Ltd, Face Problems
TexasBusines.com notes this story by the Wall Street Journal: he oil industry is wrestling with how to address the pervasive problem of undertrained and overstretched workers on deepwater rigs as federal investigators probe those issues in the Deepwater Horizon catastrophe. Full Story »

Arabian American Development Announces Details of Silsbee Plant Expansion

TexasBusiness.com reports:  Arabian American Development Co. announced the 1.8 million expansion of its South Hampton Resources facility near Beaumont with a new isomerization unit that will provide more flexibility in converting C5 normal pentane into isopentane.  

 Full Story »
TexasBusiness.com

Quest Oil Successfully Closes Acquisition of B&B Oil of Fredericksburg
TexasBusiness.com reports:  KERRVILLE - Quest Oil Inc.,  an independent oil and gas exploration company in Graham, Texas, announced that it has successfully completed the acquisition of B&B Oil, Inc., a private, independent oil and gas exploration and development company based in Fredericksburg, Texas. Full Story »
TexasBusiness.com

USW Signs China Power Companies Agreement To Build Steel for Texas Wind Farm

TexasBusiness.com reports:  The United Steelworkers (USW) announced today it has signed agreements with A-Power Energy Generation Systems Ltd. and Shenyang Power Group (SPG) two of China's leading power generation companies.

 Full Story »

Houston’s BP Energy wins $29 million Defense contract for natural gas
TexasBusiness.com reports:   BP Energy Co., Houston, Texas, is being awarded a maximum $29,581,268 fixed-price with economic price adjustment contract for delivery of direct supply natural gas, the U.S. Department of Defense announced Full Story »
TexasBusiness.com

ESP Resources Expands Its Mission, Texas Operation

TexasBusiness.com reports:  ESP Resources Inc.  is expanding their district operations in Mission, Texas for supply, sales and service of petrochemicals to oil and gas companies located in the Southeast, Southwest, and Central Texas regions, areas home to the Eagle Ford shale gas formation.

 Full Story »
TexasBusiness.com

Crude tops $82/bbl despite signs of slowing economic recovery
TexasBusiness.com reports:  The front-month crude contract price continued to escalate Aug. 3, climbing 1.5% to top $82/bbl for the first time since May in New York even as the broader equity market declined in the face of disappointing earnings, stagnant consumer spending, and falling home sales,  reports Sam Fletcher of the Oil & Gas Journal.  Full Story »

Laredo Oil Inc. Moves Corporate Headquarters to Austin from Arizona

 

TexasBusiness.com reports: Laredo Oil, Inc., today announced that it  moved its corporate headquarters to Austin from Scotsdale, Arizona in a move to enable the company to tap into the capitol’s high tech culture. 

 

 

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TexasBusiness.com

Crews begin effort to plug leaking Gulf oil well
TexasBusiness.com recommends:  Engineers began pumping heavy drilling mud into the blown-out Gulf of Mexico oil well Tuesday in what they think is their best chance yet to reach the ultimate goal in a delicate process - snuffing one of the world's largest spills for good, reports Greg Bluestein of the Washington Post.  Full Story »

Fears of Pervasive Air Pollution Stir Up Politics in Texas Shale Gas Country
Texas Business notes this story by the New York Times: Aruba Petroleum Inc. started moving dirt on the horse pasture of the couple's 10-acre lot north of Fort Worth in September. Full Story »

Refinery incident injures 13

TexasBusiness.com notes:  Officials with the ConocoPhillips oil refinery near Borger released few details Sunday about an incident at the plant a day earlier that injured 13 workers.

The workers were taken to Golden Plains Community Hospital in Borger about 10 p.m. Saturday following a sudden "steam release." But corporate spokesman William Stephens, responding by e-mail, said the injuries were not the result of the steam. All 13 people were hurt during the evacuation of a portion of the plant, with some injuries including broken bones, reports Joe Gamm of the Amarillo Globe-News. 

 Full Story »

Oil well spilled out 4.9 million barrels, new numbers reveal
TexasBusiness.com recommends:  The blown-out well in the Gulf of Mexico gushed 12 times faster than the government and BP estimated in the early weeks of the crisis and has spilled a whopping 4.9 million barrels, or 205.8 million gallons, according to a more detailed analysis announced late Monday, reports the Washington Post.  Full Story »

Mitcham Industries Expands Credit Facility and Capex Plans

TexasBusiness.com reports:  Huntsville-based Mitcham Industries  Inc., the world’s largest independent exploration equipment lessor,  today announced that it’s expanding its credit by $35 million by with agreements with First Victoria National Bank and The Frost National Bank.  The expansion is to take advantage of the increasing active energy exploration market. 

 Full Story »
TexasBusiness.com

Offshore Driller Pride International 2Q net income sinks 54 pct

TexasBusiness.com notes: Offshore drilling contractor Pride International Inc. said Thursday its second-quarter net income sank 54 percent, as the offshore drilling contractor saw revenue sink in all three business segments.

The Houston company said it earned $57.5 million, or 32 cents per share, in the three months that ended June 30, 2010. That was down from $124.1 million, or 70 cents per share, in the same quarter of 2009, reports Bloomberg Businessweek. 

 Full Story »

Magellan Midstream Considers a $150 million Pipeline Retrofit to Transport Crude Oil From West Texas to Houston

TexasBusiness.com reports: Magellan Midstream Partners L.P. announced today that assessing the feasibility of a $150 million conversion of pipeline  interest to transport crude oil from West Texas to the partnership's East Houston terminal.  

 Full Story »
TexasBusiness.com

Targa Resources Partners LP Announces Benzene Treating Project at Mont Belvieu, TX

TexasBusiness.com reports: Houston’s Targa Resources Partners LP announced today that its wholly owned subsidiary, Targa LSNG LP, has executed a long-term contract with Marathon Petroleum Company LLC ("Marathon"), the refining, marketing and transportation operations of Marathon Oil Corporation, to install, own and operate treating equipment to reduce the benzene content of natural gasoline. The new equipment will operate in conjunction with the Partnership's existing natural gasoline hydrotreater. 

 Full Story »
TexasBusiness.com

U.S. Decision on Pipeline Is Delayed

TexasBusiness.com notes:  The State Department said it would delay its decision on a permit for a contentious $7 billion pipeline project intended to deliver crude oil from the oil sands of the province of Alberta in Canada, to refineries on the Texas Gulf Coast. A public comment period on the department’s draft environmental impact statement for the project, called Keystone XL, ended on July 2, and officials had planned to consult other federal agencies through Sept. 15, reports Tom Zeller Jr. for the New York Times. 

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Occidental's Phibro Energy-Trading Business Posts Loss on `Lousy Results'
 Occidental Petroleum Corp., the largest oil producer in Texas, said its Phibro energy-trading business acquired from Citigroup Inc. last year had a $104 million loss in the second quarterThe loss was incurred as Occidental adjusted its valuation of Phibro’s holdings to reflect market prices at the end of the quarter, Chief Financial Officer Stephen I. Chazen told investors today on a conference call, reports Edward Klump of the Bloomberg BusinessWeek.  Full Story »

Laredo Oil Raises $500,000 From Institutional Investor Through Private Placement of Equity
  TexasBusiness.com notes:  Austin’s Laredo Oil Inc.  announced today that it entered into an agreement on July 26, 2010 with an institutional investor for the private placement of 1,000,000 shares of its common stock and warrants to purchase 750,000 shares of its common stock for an aggregate purchase price of $500,000, or $0.50 per share. Full Story »
TexasBusiness.com

EPA slows approval for Canada-Texas oil pipeline
 TexasBusiness.com recommends:  The EPA has slowed down the approval process of a permit for a new Canada-to-Texas oil pipeline that a few months ago looked like a shoo-in for a State Department rubber stamp by the fall.  The EPA gave the State department's draft environmental impact statement for the 2000 mile pipeline that will cut across the nation's heartland the worst rating possible, noting that if differences between the agencies can't be resolved, the matter could get referred to the White House for resolution, reports David Sassoon for The Guardian. 

 Full Story »

SMU grad Robert Dudley takes over at BP
 BP's embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday, as it reported a record quarterly loss and set aside $32.2 billion to cover the costs of the devastating Gulf of Mexico oil spill, reports WFAA.  Full Story »

Tech gets $6.4 million to research wind
 TexasBusiness.com notes this story by Eliot Blackburn of the Lubbock Avalanche-Journal: Texas Tech will receive $6.4 million to test wind turbine systems new to North America through a state grant for high-tech research, the opening phase in what the university hopes will become its foothold into the commercial wind power business. Full Story »

Tenaska to use new technology for carbon capture
 New technology to capture carbon dioxide byproducts has been selected for use at the Tenaska Trailblazer Energy Center, the proposed coal-fired power plant near Sweetwater. The plant will be among the first in the nation — and the first in Texas — to use the Fluor carbon capture technology for the coal-fired, 600-megawatt electricity generating plant, company officials announced today, report Celinda Emison and Kimberly Gray for the Abilene Reporter-News. 

 Full Story »

American Dudley could be replacement as boss at BP
 BP’s board is expected on Monday to name an American, Robert Dudley, as its chief executive, replacing Tony Hayward, whose repeated stumbles during the company’s three-month oil spill in the Gulf of Mexico alienated federal and state officials as well as residents of the Gulf Coast, report Jad Mouawad and Clifford Krauss for the New York Times. 

 Full Story »

Damage estimate at Pantex in millions following rainfall
TexasBusiness.com notes this story by Jim McBride of the Amarillo Globe-News:  A July 7 rainstorm caused tens of millions of dollars in damage to numerous buildings and equipment at the Pantex Plant, hampering the plant’s ability to perform key nuclear weapons work, officials confirmed. Full Story »

Quicksilver says it might get partner in Horn River Basin
 Only hours after announcing a $1 billion transaction, executives of Fort Worth-based Quicksilver Resources said this morning that the natural gas producer might partner with another company to expedite development in the Horn River Basin, a promising shale-gas play in Canada that has attracted industry heavyweights including Irving-based Exxon Mobil Corp. Meanwhile, Quicksilver’s stock price rose significantly in early trading today in response to the company’s announcement late Thursday afternoon of the billion-dollar deal in which it will sell its 61 percent interest in Quicksilver Gas Services, a master limited partnership that gathers and processes natural gas produced from North Texas’ Barnett Shale, reports Jack Z. Smith of the Fort Worth Star-Telegram.

 

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Amarillo’s Exterra Energy Inc. Announces Closing of 31 Wells on East Texas Woodbine Formation
 As energy companies scramble for mineral rights in Texas, Exterra Energy Inc. announced today its purchase of 31 wells in East Texas, reports TexasBusiness.com. The company closed the sale on 31 wells on 12 leases in the East Texas Woodbine field. This package is part of an overall East Texas buyout announced in April by the company. The Woodbine Formation is a geological formation in east Texas whose strata date back to the Late Cretaceous period. Dinosaur remains are among the fossils that have been recovered from the formation. Full Story »
TexasBusiness.com

Sugar Land’s Coffeyville Resources Refining & Marketing extends crude oil supply contract to Vitol Inc
 Independent petroleum refiner Coffeyville Resources Refining & Marketing, LLC, a subsidiary of CVR Energy, Inc. announced it has agreed to extend by a year the term of its crude oil supply agreement with Vitol Inc.  Under the amended agreement, Vitol agrees to continue to provide crude oil supply and logistics intermediation on behalf of Coffeyville Resources Refining & Marketing through Dec. 31, 2012. 

 

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Smaller wind turbines, larger industry talk at energyfest
 The focus was on small wind applications for the household or even business customer during the first day of the sixth annual West Texas Wind Energy Trade Fair. Linda Wells walked away thinking that a wind turbine might be the right fit to help power her shipping container business, Containers of Texas, near Interstate 20 in Trent, reports Jaime Adame of the Abilene Reporter-News.  Full Story »

Oil companies pledge $1 billion to spill response system
 Four of the nation's largest oil companies said Wednesday they immediately will commit $1 billion to set up a rapid oil spill response system to deal with deep-water blowouts in the Gulf of Mexico. Exxon Mobil Corp., Chevron Corp., ConocoPhillips and Shell said the system of underwater capture devices and surface containment vessels, similar to what BP is using now to control its Macondo well spill, will be designed to capture up to 100,000 barrels of oil a day before it spills into the sea from wells sitting in water as deep as 10,000 feet, reports Monica Hatcher of the Houston Chronicle Full Story »

Copano Energy Raises $300 Million Through Direct Equity Investment by Funds Managed by TPG Capital to further its Eagle Ford Shale Expansion In South
  Like many energy companies, Houston’s Copano Energy, L.L.C. raised capital to finance further expansion into the lucrative Eagle Ford Shale formation in south Texas.    Full Story »

Luminant to mothball Tradinghouse Creek plant
 WACO - Officials with Luminant have confirmed it will be putting the Tradinghouse Creek Generating Plant in Waco in mothballs at the end of September, reports KXXV.  Full Story »

BP gets boost on asset sale to Apache
  BP Plc rose in London trading after agreeing to sell oil and gas fields in the U.S., Canada and Egypt to Apache Corp. for $7 billion, including assets in Texas, raising cash to meet the costs of the Gulf of Mexico spill, reports Bloomberg Businessweek.  Full Story »

Summit hires Siemens
 Siemens Energy has been awarded a front-end engineering design contract by Summit Texas Clean Energy LLC, Siemens officials said. Siemens Energy will provide coal gasification and power-block technology for the $2 billion Texas Clean Energy Project, reports the Odessa American. 

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Concho Resources Inc. to Acquire Oil & Gas Assets in the Permian Basin for $1.65 Billion
 MIDLAND, Texas - Concho Resources Inc. today announced that it has entered into a definitive agreement to acquire all the oil and gas assets of Marbob Energy Corporation and certain affiliated entities for $1.65 billion in cash and Concho securities.  Full Story »

PBPA makes voice heard in EPA study of hydraulic fracturing
 Hydraulic fracturing, the completion technique in use in the Permian Basin, has come under fire in active plays like the Barnett Shale and Marcellus Shale where residents are not familiar with the technology.  The controversy prompted the Environmental Protection Agency to study hydraulic fracturing and the rules currently regulating the process, reports Mella McEwen of MyWestTexas.com Full Story »

Houston company ends bid for wind farm in central Kansas
 A Texas wind energy company has ended its effort to lease land for a potential wind farm in central Kansas. Horizon Wind Energy, based in Houston, had been working for more than a year to find 10,000 acres to lease in the southeast corner of Reno County, reports KansasCity.com. Full Story »

Reliance Industries circling Quicksilver Resources
 Mukesh Ambani’s Reliance Industries (RIL) is said to be in talks with Quicksilver Resources, a Fort Worth, Texas-based exploration and production company that’s into development of shale gas, coal-bed methane and tight-sands gas in North America, reports Daily News India. Full Story »

Oil from BP spill heading to Texas City refinery
 TEXAS CITY — While oil from BP’s Macondo oil well has stop flowing into the Gulf of Mexico, the company has collected more than 826,800 barrels of crude oil there since the Deepwater Horizon drilling rig exploded in April, reports the Galveston County Daily News.  Full Story »

Too Complex Not to Fail: UT Professors Analyze the Gulf Oil Spill

“Horrible things happen when complex technologies and procedures overtake humans, who service the technologies falsely assuming complete control.”  Thus begins a briefing paper on the Gulf Oil Spill prepared by UT professor Dr. Tad W. Patzek for the Energy and Environment Subcommittee of the U.S. House of Representatives, reports McCombs Today.

 

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BlueStone Natural Resources Closes South Texas Acquisitions
 Tulsa-based BlueStone Natural Resources, LLC  has closed on 4 South Texas significant transactions with another transaction pending, more than doubling its net production and reserves.  Full Story »

70% in Texas Favor Offshore Oil Drilling; 66% Support Deepwater Drilling
 TexasBusiness.com notes: Voters in Texas continue to show strong support for offshore oil drilling, and in contrast to findings in other states around the country, show nearly the same level of support for deepwater drilling, according to Rasmussen Reports.  Full Story »

BP disposing of oily waste in Southeast Texas
 TexasBusiness.com notes: Even as BP managed to shut down its runaway undersea gusher in the Gulf Thursday, a rogue wave of contaminated liquid confined on barges rode toward Southeast Texas, destined for another hole in the ground 2,000 feet deep near Winnie and Port Arthur, reports Dan Wallach of the Beaumont Enterprise.  Full Story »

Texas Remains Stoic as Spill Hits Its Shores
 GALVESTON, Tex. — The crayons and paper were out, but not too many children made it to family day at the Ocean Star Offshore Drilling Rig and Museum, reports Melena Ryzik of the New York Times.  Full Story »

Part of 'Pickens Plan' looks to ride in on Senate bill Read more: http://community.nasdaq.com/News/2010-07/part-of-pickens-plan-looks-to-ride-in-on-s
 A plan suggested by Texas oil tycoon T. Boone Pickens to promote natural gas investment will probably get added to a Senate energy bill, the Wall Street Journal reports. Full Story »

Natural Gas Company's Disclosure Decision Impacts Fracking Debate
 A Texas natural gas producer's decision to voluntarily disclose the chemicals it injects into the ground could prompt other drillers to do the same, and pave the way for regulators to require such disclosure. Range Resources Corp.'s move also reflects the desire of industry to get out ahead of the issue to prevent federal regulation of the key drilling practice called hydraulic fracturing, or fracking, reports Mike Sorgaghan of the New York Times.  Full Story »

Edwards Announces Loan Guarantees to Expand Comanche Peak Power Plant
 As Luminant plans to double operations at the Comanche Peak plant with two new 1,700 watt reactors, U.S. Representative Chet Edwards announced funds of $25 billion approved by the House Appropriations Subcommittee on Energy and Water Development for federal loan guarantees that are critical for the planned expansion.  Full Story »

Oil leak stopped for first time in months
 For the first time since the Deepwater Horizon drilling rig sank on April 22 oil has stopped leaking from the Macondo well in the Gulf of Mexico. BP said it completly closed the last line on the newly installed containment cap at 2:25 p.m, reports the Houston Chronicle.   Full Story »

KKR's Bookout to Discuss South Texas Eagle Ford Shale
 KKR's managing director will discuss the firm's new shale strategy, including its $400-million investment in the Eagle Ford shale region of south Texas.  Full Story »

Exxon wants to turn pond scum into fuel
 Oil giant Exxon Mobil Corp. opened a greenhouse on Wednesday to study whether the company can make large amounts of affordable biofuel from algae, reports Elizabeth Souder of the Dallas Morning News.  Full Story »

Agreement reached to reroute gas pipeline near Bushland
 El Paso Natural Gas Co. and landowners have reached an out-of-court federal lawsuit settlement that would pave the way for completion of a rerouted natural gas pipeline near Bushland, reports the Amarillo Globe-News.  Full Story »

Wind firm gets $900,000 assistance
 Board members of the Development Corporation of Abilene approved a financial assistance package of $902,500 for wind maintenance company Energy Maintenance Service, which plans to expand Abilene operations to include gearbox refurbishment and repair, reports Jaime Adame with Abilene Reporter-News.  Full Story »

Longview's Darby finds future by interstate
Oilfield company  Darby Equipment moves from its location of 67 years, reports Jo Lee Ferguson of the Longview News-Journal.  Full Story »

Wind firm seeks more incentives from Abilene's DCOA
 Wind company Broadwind Energy again could receive financial assistance from the Development Corporation of Abilene. Today the board will consider offering a zero-interest loan up to $700,000 to the Illinois-based company’s Energy Maintenance Service division, reports Jaime Adame of the Abilene Reporter-News.  Full Story »

Dash for Gas Raises Environmental Worries
 American politicians often extol natural gas as abundant, cleaner-burning than other fossil fuels, and domestically produced, unlike Middle Eastern oil. But the process of extracting it is raising concerns among people with wells in their backyards, reports Kate Galbraith for the New York Times.  Full Story »

South Texas Project prepares for new units
 Pre-construction nuclear power plant site preparation work for South Texas Project Units 3 and 4 is underway, reports the Victoria Advocate.  Full Story »

New lines for wind energy spark anger in North Texas
 In filings last month with the Public Utility Commission, Oncor Electric Delivery Co. proposed erecting about 40 miles of power lines from a switching station in far west Wise County to one about six miles east of Eagle Mountain Lake in Tarrant County, writes Dave Montgomery  for the Fort Worth Star-Telegram. 
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Rig abandons Gulf of Mexico for Egyptian waters amid deepwater drilling ban
 Diamond Offshore Drilling, a Scottish company with its Gulf of Mexico offices in Houston, announced that its Ocean Endeavor drilling rig will move from the Gulf of Mexico to waters near Egypt immediately -- making it the first rig to leave the U.S. because of the Obama administration's ban on deep-water drilling, reports Tom Fowler of  the Houston Chronicle.  Full Story »

Drilling dispute has hidden conflict: Who's going to run Texas? | dal_ftw_txbz, Barnett Shale,

Fort Worth Star-Telegram
Drilling dispute has hidden conflict: Who's going to run Texas?
TexasBusiness.com notes:  Science and politics go together about as well as natural gas and drinking water, writes Mitch Schnurman of the Fort Worth Star-Telegram.  The combination can be dangerous, with long-term consequences.  Full Story »

Chinese investors eyeing U.S. shale?
 BEIJING -- U.S. natural gas explorer Chesapeake Energy is exploring a deal with Chinese partners to take a stake in their Texas shale gas, officials said, reports UPI.  Full Story »

KKR Prospects for Natural Gas After Leveraged Buyouts Dry Up
KKR & Co, which led the record takeover of electricity provider TXU Corp in 2007, is making a new bet on rising energy prices, reports Cristina Alesci and Zachary Mider of Bloomberg Businessweek. 

 

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Proposed plant loses ruling
 Two Texas administrative law judges have sided with environmentalists against a permit for a new coal- and petroleum coke-fired power plant in Matagorda County, reports Matthew Tresaugue of the Houston Chronicle.  Full Story »

Anger Surfaces at EPA Shale Gas Meeting
 Many residents of Fort Worth are angry and scared about natural gas drilling: That much was clear from a public meeting convened there by the Environmental Protection Agency on Thursday evening, reports Kate Galbraith of the Texas Tribune.  Full Story »

Exxon Mobil retains almost all XTO employees, sets up Fort Worth team
 Exxon Mobil CEO Rex Tillerson said Thursday that the Irving oil giant has retained almost all of XTO Energy's 3,300 employees and established a team in Fort Worth to spend up to 18 months setting drilling priorities, reports the Fort Worth Star-Telegram.  Full Story »

Dallas firm's push to help oil cleanup may not be so clear
 When Dallas investment banker Fred McCallister told the Senate last week about his effort to get more foreign ships to clean up oil in the Gulf of Mexico, he blamed a maritime law that protects U.S. ship owners and workers, by Dave Michaels of the Dallas Morning News.  Full Story »

Texas Attorney General Requests that BP Provide $25 Million for Oil Spill Clean-up
The U.S. Coast Guard confirmed that tar balls from BP’s Deepwater Horizon were located on Texas shores.  

 

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Weary of Fighting Natural Gas, DISH Mayor To Leave Town
 Calvin Tillman, the mayor of DISH, Texas — the tiny hamlet named for the network that gives its residents free satellite TV — sits in his City Hall office, matter-of-factly telling a documentary filmmaker about how somebody’s going to accidently “blow up the town” someday, reports the Texas Tribune.  Full Story »

Governor's Office Forms Gulf Project
 Gov. Rick Perry today announced the formation of the Gulf Project, a coalition of energy and environmental scientists, policy experts, academic researchers, private sector research scientists and state officials who will work to ensure Texas never endures the environmental and economic disaster currently occurring in the Gulf of Mexico as a result of the Deepwater Horizon rig explosion. Full Story »

Local Refineries in middle of EPA-TEQC regulatory tussle
 he federal agency in May took over the operating permit of Flint Hills Resources East refinery in Corpus Christi after objecting that the Texas Commission on Environmental Quality process violates the U.S. Clean Air Act. Two more local refineries, Flint Hills West and Valero East, are among 40 state companies with pending permits the EPA has objected, reports the Corpus Christi Caller-Times.  Full Story »

Companies respond to claims of unmarked pipelines
 Two pipeline companies are defending themselves after a federal official said the lines weren't marked before two deadly explosions last month in Texas. Full Story »

Tar balls from oil spill found on Bolivar coastline
 Officials have confirmed that tar balls discovered over the holiday weekend on Crystal Beach in the Bolivar Peninsula are from the Deepwater Horizon oil spill, marking the first time oil from the spill has been found on Texas beaches, reports Harvey Rice and Purva Patel of the Houston Chronicle.   Full Story »

Austin photographer detained near BP refinery in Texas City
 An Austin freelance photographer shooting pictures of a BP refinery in Texas City, Texas, was detained by a BP security officer, local police and a man who said he was representing the U.S. Department of Homeland Security, according to nonprofit news-gathering organization ProPublica, reports the Examiner.com Full Story »

Gulf oil cleanup resumes, new drilling rules awaited
 Washington was preparing a revised offshore oil drilling moratorium and cleanup efforts in the Gulf of Mexicoreturned to normal on Friday after hurricane Alex passed through the region without doing major damage, reports Reuters.  Full Story »

Hurricane Alex causes emissions from refineries, plants
 Several local refineries and a gas plant released emissions after lightning caused a disruption in electrical power, according to filings with the Texas Commission on Environmental Quality, reports Fanny S. Chirinos of the Corpus Christi Caller-Times.  Full Story »

Tenaska withdraws request to buy water from Abilene
Tenaska, the company developing the coal-fired Trailblazer Energy Center outside of Sweetwater, has withdrawn its request to buy treated wastewater from the City of Abilene, reports Emily A. Peters of the Abilene Reporter-News. Full Story »

East Texas Cotton Valley Prospect Valued at $18 Million
Oil & gas exploration company Range Resources has reported the results of an independent reserves and valuation report on its East Texas Cotton Valley Prospect in Red River County, Texas, carried out by Independent Petroleum Engineers Lonquist & Co LLC, reports Stock Market News Australia. Full Story »

Quest Oil Signs LOI to Acquire 100% of B&B Oil's Producing Oil and Gas Wells, Texas Leases
 Quest Oil, Inc. (Pink Sheets: QOIL) is pleased to announced that it has signed a Letter of Intent (LOI) to acquire 100% of the assets of B&B Oil, Inc., a private, independent oil and gas exploration and development company based in Fredericksburg, Texas.  Full Story »

'I cannot support this'
 In a surprise move weeks before a scheduled public hearing on the matter, Abilene Mayor Norm Archibald came out publicly Tuesday in opposition to selling up to 2 million gallons of treated wastewater each day to a proposed $3.5 billion coal-fired energy plant near Sweetwater, reports Doug Myers and Emily A. Peters of the Abilene Reporter-News.  Full Story »

EPA to seek public comment on hydraulic fracturing in Fort Worth Read more: http://www.star-telegram.com/2010/06/29/2302772/epa-to-seek-public-commen
 Mike Paque, executive director of the national Ground Water Protection Council, laments that hydraulic fracturing has "become the synonym for everything people don't like" about the drilling of natural gas and oil wells, reports Jack Z. Smith of the Fort Worth Star-Telegram. 
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Geothermal energy is gaining ground in Texas
 Miles below Texas are zones of hot, pressurized brine that for decades posed a liability to drillers and rendered oil and gas wells worthless, reports Colin McDonald of the San Antonio Express-News.  Full Story »

Texas Mulls More Nuclear Reactors
 Seventeen years ago, Texas turned on its last nuclear reactor, about 50 miles southwest of Fort Worth. In another decade, several more reactors could get built here — if events in Washington go the power companies' way, reports Kate Galbraith of the Texas TribuneFull Story »

Proposed oil pipeline to Texas raises worries
 The $7 billion project, called Keystone XL, would increase America's access to crude from Canada's tar sands,as offshore crude exploration faces scrutiny amid a runaway oil spill in the Gulf of Mexico and a legal fight over a federal offshore drilling moratorium, reports Matthew Tresaugue of the Houston Chronicle.  Full Story »

EPA Issues Order Against Tulsa Energy Company To Cease Pollution of Wichita Falls Water
 Wichita Falls, TX - The Environmental Protection Agency says a Tulsa company has violated the federal Clean Water Act and has issued a cease and desist order to stop the company from discharging pollutants, reports News Channel 8.  Full Story »

Reliant Energy Joins with Choice Facility Partners to Offer Electricity Services to Government Entities across Texas
 Reliant Energy was recently chosen by the Harris County Department of Education (HCDE) as a Texas electricity provider for Choice Facility Partners (CFP) which provides cooperative purchasing services for schools, education-related organizations and other governmental entities across the state.

 

 

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Exxon closes on purchase of natural gas company XTO Energy
 Exxon Mobil Corp. completed its purchase of XTO Energy Inc. on Friday and named Exxon executive Jack Williams president of its new $35 billion prize, reports the Dallas Morning News. Full Story »

Reliance pays $1.3B for Pioneer's Texas shale gas
 Reliance Industries said Thursday it has agreed to pay $1.3 billion for a stake in the shale gas assets of Texas-based Pioneer Natural Resources Co. as the Indian oil and gas major expands its upstream business in North America, reports Bloomberg Businessweek.  Full Story »

DCP Midstream In Talks To Buy Texas' Midstream Gas Business-Sources
 Dallas-based private equity firm Energy Spectrum would see a partial exit on the sale of Ceritas Gathering Co., which operates in Liberty County, Texas, said a person familiar with the matter, reports the Wall Street Journal.  Full Story »

Uranium Resources, Inc. Completes Common Stock Offering
 

Uranium Resources, Inc. (NASDAQ: URRE) ("URI") announced today that it has closed its underwritten public offering of 23,809,500 shares common stock at a price of $0.42 per share. 

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DCP Midstream In Talks To Buy Texas-Based Midstream Gas Business-Sources
The Wall Street Journal reports  Energy Spectrum Capital-backed midstream energy company Ceritas Group is in talks to sell a subsidiary to DCP Midstream, said people familiar with the matte Full Story »

Arlington council rejects gas drilling site near Cowboys Stadium Read more: http://www.star-telegram.com/2010/06/23/2285436/arlington-council-rej
 The  Fort Worth Star-Telegram reports the Arlington City Council rejected a drilling site near Cowboys Stadium and the city's entertainment district   Full Story »

Barton will keep energy panel post despite BP blap
 Melanie Mason of the Dallas Morning News reports Texas Republicans in the House, looking to move past the controversy over Rep. Joe Barton's apology to BP, said Tuesday that they did not expect the Arlington lawmaker to lose his top post on the House energy committee. Full Story »

Houston firm pleads guilty to selling oil field parts to Sudan
 Mary Flood of the Houston Chronicle reports Houston-based Agar Corp. was ordered to pay $2 million today after it pleaded guilty to a federal charge it violated an executive order and sold 14 oil field parts to Sudan. Full Story »

Parker County jury sides with Crosstex in nuisance lawsuit
 Sandra Baker of the Star-Telegram reports A Parker County jury has decided that Dallas-based Crosstex Energy Services' Silver Creek natural gas processing plant in Weatherford is not a nuisance to nearby homes.

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Toxic emissions at Fort Worth sites likely because of faulty equipment Read more: http://www.star-telegram.com/2010/06/21/2281834/toxic-emissions-at-
 Aman Batheja of the Star-Telegram reports The June tests followed April results that found higher-than-normal levels of benzene near two compressor stations: one run by Chesapeake Energy near East Berry Street and Yuma Avenue, and another operated by EnCana Oil and Gas at Interstate 20 and Markum Ranch Road.
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Houston's Endeavour Reports Positive Results From US Drilling Initiative
Houston energy firm reports encouraging results from recent wells drilled in Haynesville, Cotton Valley and Marcellus gas fields. 

Houston's Helix wants to lead oil industry cleanup
 Monica Hatcher of the Houston Chronicle reports on Helix Energy Services Group, an energy company with three vessels involved in BP's oil containment efforts in the Gulf, and its plans to push for a new consortium to tackle deep-water well challenges should another spill occur. Full Story »

Range buys into Cotton Valley
 US independent Range Resources has paid $254,000 for a 13.56% interest in the Cotton Valley oilfield in Red River County, Texas. Full Story »

Texas Oil Field Roustabout, 1947. | amar_txbz

Texas Oil Field Roustabout, 1947. Photo by Wallis Nelson. Copyright 2010.
Texas Oil Field Roustabout, 1947.
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Photo by Wallis Nelson. Copyright 2010.

Anadarko points finger at BP on Gulf oil spill
 Anadarko Petroleum Corp., which owns a quarter of the Deepwater Horizon oil well in the Gulf of Mexico, late Friday blasted BP PLC's "reckless decisions and actions" that led to the well's explosion. Full Story »

Amen Properties, Inc. Announces Repurchase Program for Common Stock
   Amen Properties, Inc. announced today that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase from time to time, at management's discretion, up to 5,000 shares of the Company's common stock.  Full Story »

NRC Accepts Application For ESP At Victoria County Site In Texas
 The Nuclear Regulatory Commission has accepted for review the Early Site Permit (ESP) application for the Victoria County site near Victoria, Texas. Full Story »

U.S. Rep. Joe Barton apologizes to BP CEO for '$20 billion shakedown'
 WASHINGTON – Rep. Joe Barton, R-Arlington, apologized to BP CEO Tony Hayward for what he called a "shakedown" by the Obama administration. Full Story »

Fabric made in Waco could aid Gulf Coast oil cleanup
 Fibertect is a three-layer fabric its makers said can absorb 20 times its weight, meaning one pound could soak up 20 pounds of oil. The fabric was developed by Texas Tech University through a grant from the Department of Defense to clean up chemical warfare agents. Full Story »

Lawmakers from Texas join call to lift moratorium on deepwater drilling
 WASHINGTON – Texas lawmakers urged the Obama administration Tuesday to lift its six-month ban on deep water drilling. Full Story »

Mitchell County Field Subject Of Best Rejuvenation Award
 Energen Resources Corporation, the oil and gas exploration and production subsidiary of Energen Corporation was honored as the recipient of Oil and Gas Investor magazine's Best Field Rejuvenation Award 2009-2010 for its water-flood work for enhanced oil recovery in the North Westbrook Unit (NWBU) in Mitchell County, Texas. The award is among Oil and Gas Investors annual Excellence Awards; winners were ch Full Story »

K.K.R. Strikes $400 Million Texas Shale Deal
 Kohlberg Kravis Roberts announced  it would invest $400 million in a joint venture with Hilcorp Energy to develop resources in the Eagle Ford Shale region of southern Texas Full Story »

TransCanada to Build a Tar-Sand Pipeline in East Texas
 While the Department of Energy took a step towards cutting the emissions of the state by approving a Carbon Capture and Storage project for Texas which will start early next year, a tar-sand Pipeline is set to penetrate through Texas land and be completed by late 2011.  Full Story »

Darrouzett TX Natural Gas Explosion: 2nd incident in 2 days kills 2, injured
 Darrouzett, TX—Yet another natural gas line explosion occurred in Texas. Full Story »

Spills, Blasts Bring Scrutiny To Houston's Energy Industry
 With BP’s massive oil spill already prompting questions about the safety of offshore drilling in deep waters, a key growth area for the sector in recent years, the natural gas accidents are bringing new scrutiny to a business that may be even more important to the local oil and gas economy Full Story »

Tesoro CEO offers $400,000 to keep exec
 Goff offered Everett Lewis, 62, executive vice president and chief operating officer, a $400,000 cash retention bonus “as an incentive for his continued service to the company,” should he agree to stay through Jan. 31, according to a regulatory filing Full Story »

Questions in wake of fatal Texas pipeline blast
 Questions of blame rise in fatal Johnson County pipeline blast involving the Houston-based Enterprise pipeline company.  Full Story »

Texas Jury Finds $82.5 Milllion Judgment for 2007 Gas Plant Explosion
 A jury finds Houston-based Hanover Compressions L.P., since renamed Exterran Energy Solutions L.P., grossly negligent in the  constructed, engineered and installed the natural gas processing plant.

The law firm said in a Thursday news release that the jury found the company grossly negligent in the death of an employee from Fort Worth's Quicksilver. 

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Marfa Residents Oppose Solar Array
Marfa residents oppose the Tessara Solar power generation site next to Marfa. The London-based company with American headquarters in Houston plans to erect more than 1,000 three-story mirrored discs.    Full Story »

T. Boone Pickens Says Offshore Drilling Must Continue
 Despite the Gulf oil spill, T. Boone Pickens says offshore drilling must continue.  Full Story »

Canadian Firm Completes First Texas Prospect Well Full Story »

Second Natural Gas Explosion In Two Days
A natural gas explosion killed two and injured three others when a bulldozer struck a DCP Midstream Partners LP pipeline in the Texas Panhandle. Full Story »

5th Circuit Rules For Insurance Company In Oil Field Operations Coverage
On May 21, a three-judge panel of the 5th Circuit reversed the summary judgment that the U.S. District Court for the Western District of Texas in Midland had granted the insured in Admiral Insurance Co. v. Randall K. Ford, d/b/a R.K. Ford and Associates, et al. and rendered judgment for the insurer. Full Story »

Green Mountain Energy To Install Texas Non-Profit Solar Arrays

A national firm is seeking Texas Non-profits to install solar arrays.

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Pipeline Explosion in Johnson County

A natural gas pipeline owned by Enterprise Products Partners of Houston exploded, killing one and injuring several others in Johnson County.

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Borger Refinery Planned Production Outage
Citgo refinery in Borger has a planned production outage in June. Full Story »

Fieldpoint Petroleum Announces Stock Buyback

Fieldpoint Petroleum announces a stock buyback.

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Clayton Williams Energy Sells North Louisiana Properties In $77 Million Deal
Clayton Williams Energy, Inc. annoucned it sold its interests in 22 operated and 76 non-operated producing wells in North Louisiana to WildHorse Resources, LLC, for $77 million, Full Story »

Integrys Energy Sells Texas Electric Marketing Business
Integrys Energy Group sold all its Texas retail electric marketing business  to unnamed buyer. Full Story »

Hereford Firm Lands Gulf Oil Cleanup Business
Despite its location in the Texas panhandle, a Hereford firm pull in BP's oil spill business. Full Story »

Exxon's pollution problems are big business

Exxon's no BP.  But Exxon has pollution problems in Texas.

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