Mississippi Lime

Shale boom: Pa. leading the way in May

SALEM, Ohio — The number of permits issued for drilling in the Utica shale in Ohio stayed strong during May. According to the Ohio Department of Natural Resources permit list, Harrison County led with the number of permits issued. A total of 16 permits were issued during May. Harrison County A total of 10 permits were issued in Harrison County to Chesapeake Exploration in ... Read More »

An Exciting Time to be an Energy Investor

Is this a great time to be an energy investor? It definitely is, according to Matt Badiali, editor of the S&A Resource Report. “You can make a lot of money, unless you’re Bill Powers,” he says in this interview with The Energy Report. Badiali discusses the true potential for U.S. natural gas, as well as what type of energy really ... Read More »

At margins of shale oil boom, a tempered euphoria; Number of women landing jobs in oil, gas industry growing

For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Now, at the periphery, that may be changing – at least for a while. News from two of the country’s less developed ... Read More »

Shale fracking proves $30 billion-a-year boon to waste disposal industry

The explosive expansion of drilling of natural gas and oil wells in shale deposits in the United States and Canada using a directional drilling method dubbed “fracking” may have spawned a $30 billion per year expansion of the waste disposal business, waste and investment industry executives were told Monday. Oil and gas fracking represents a $200 billion-a-year capital investment, and ... Read More »

Shale gas: An energy revolution for your portfolio

Shale gas operations in the United States are expected to push the country toward energy independence in the years ahead, but their impact on U.S. and Canadian share prices could be just as profound. Moody’s Investors Service is a big believer in the drilling revolution – which untaps enormous gas reserves using new “fracking” technology – and argued in a ... Read More »

Energy Independence

(TIME) — Michael Levi is my favorite energy wonk — and not just because we both had to endure waiting for hours in the cold outside the 2009 United Nations climate-change conference in Copenhagen. (Though he got in first.) Levi, the senior fellow for energy and the environment at the Council on Foreign Relations, is a smart, pragmatic observer of the ... Read More »

Marcellus, Mississippian, Permian: What Is The Acreage Worth? – Economic Analysis

Several recent M&A data points that involve significant blocks of undeveloped acreage in the Marcellus, Mississippian, Permian and other prolific resource plays bring in the spotlight the dispute regarding the valuation of so called “resource potential” – a somewhat vague metric that is often used in investor presentations as a selling point. Acreage transactions provide an important market test to ... Read More »

Exxon Mobil And BP Offer Stable Exposure To Thriving New Energy Landscape

As an investor in commodities, you always need to keep track of the big picture that’s impacting not just the macro factors, but also the granular details in each market you’re investing in. As discussed in my last column, commodities are facing a particularly strong headwind that’s a direct result of a slowdown in global economic activity. The structural problems facing Europe ... Read More »

SemGroup buying Chesapeake assets in Mississippi Lime area for $300 million

SemGroup Corp. is buying assets in the Mississippi Lime play from Chesapeake Energy Corp. for nearly $300 million, the companies announced Wednesday. Tulsa-based SemGroup is purchasing Mid-America Midstream Gas Services LLC, a Chesapeake unit that has natural gas gathering and processing assets in the production area, which stretches from northern Oklahoma into southern Kansas. SemGroup expects to close the deal ... Read More »