What Are Oil Prices Doing?
NEW YORK (CNNMoney.com) — Oil erased its losses and topped $79 a barrel Tuesday as traders purchased oil contracts after prices declined to their lowest level of the year earlier in the session. What prices are doing: Oil for February delivery rose $1.02, or 1.31%, and settled at $79.02 a barrel, after falling to $76.76, ...
Gateway Energy buys Barnett Shale assets
Monday, January 11, 2010 Gateway Energy Corp. has agreed to acquire the Hickory Creek Gathering System from Hickory Creek Gathering LP and Range Texas Production LLC. Located in Denton County near Dallas, the natural gas gathering system includes 15 producing wells with throughput of about 11,000 million British Thermal Units per day at a fixed ...
Obama Underwrites Offshore Drilling -W.S.J.
You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil. The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed ...
A Lot of Gas? Wildcatter Sanford Dvorin thinks he’s hit the jackpot in quaint Coppell. But skeptics say no one’s ever made money drilling for natural gas in Dallas County, and no one ever will.
By Ann Zimmerman Published on May 15, 1997 In the fall of 1994, independent oilman Sanford Dvorin cracked open a Dallas County Yellow Pages and sent a letter to every person connected with the oil and gas industry. Sounding like every piece of over-the-top, too-good-to-be-true, direct-mail investment scheme literature ever written, Dvorin’s letter boasted: “History ...
Joe Wade #1 Drilling Permit
Here is a copy of the permit of record with the State of Texas for the current Joe Wade #1 Project – Please click on the following link Drilling Permit Joe Wade
Joe Wade #1 Site Location
Here is the current Drilling Location map for our current project Joe Wade #1 Plat To Review the project summary please click the following link = “The Joe Wade #1”
ExxonMobil plans gas injection for Hawkins field
Jan 13, 2010 By OGJ editors HOUSTON, Jan. 13 — ExxonMobil Production Co. plans to reinject nitrogen and other gases to produce an additional 40 million boe from mature Hawkins field in northeastern Texas. Company officials plan to install equipment to recover the gases from the field’s natural gas production and reinject them into the ...
Predictions for Oil Prices Above and Below $80 in 2010
$80 a barrel: Where prices average or forecasts diverge. There is quite a gulf of opinion lately between oil market analysts as to which direction the price of crude will trend this year. On the one hand, there are the pragmatists, who predict that prices will average around $80 a barrel in 2010 – as ...
Crude oil to average $80 a barrel in 2010 – EIA
By Nick Godt, MarketWatch NEW YORK (MarketWatch) — West Texas crude-oil prices, which averaged about $62 a barrel last year, will average about $80 this year and about $84 in 2011, the Energy Information Administration said Tuesday in its monthly short-term outlook. “The world oil market should gradually tighten in 2010 and 2011, provided the ...
