The system, valued at over $700,000, will be used by a large oilfield service company to monitor stimulations in a high temperature unconventional oil and gas field in Texas.
DCP acquires the Crossroads processing plant, allowing the company to increase its services to Haynesville and Cotton Valley drilling programs.
Cubic Energy, Inc. announces that it received a ruling and award favorable to the Company with respect to the dispute with EXCO Operating Company, LP and BG US Production Company LLC as to drilling credits pertaining to the Company's Northwest Louisiana acreage.
Privately held E&Ps have been picking up rigs faster than publicly held E&Ps in the past month, Uhlmer adds.
The Company previously announced its plans to sell non-core oil and gas properties located in Tyler and Polk counties in South Texas and Lincoln Parish in North Louisiana.
All of the Heckmann’s $18.2 million in revenues in first quarter 2011 was generated from its Haynesville Shale activity.
With an estimated 50% of perforation clusters and 25% of stages not contributing to production from wells in all of the major shale plays, Schlumberger is focused on reducing the number of defective wells and improving completion quality.
Located at The Relay Station in Frierson, the station which will serve the fueling needs of heavy duty truck fleets is open for public use.