From the top of Houston’s downtown skyscrapers on a clear day, you can see straight out to the refineries that surround the Houston Ship Channel. On a not-so-clear day, you can see the brown haze of pollution that hangs over our city. Houstonians know well the jobs, energy and wealth that come from our oil […]
Encana unloads Bighorn natural gas properties
Encana has lightened it’s company properties and fattened it’s cash assets. The Calgary based company has sold off Bighorn natural gas properties. Jupiter Resources shelled out $1.8-billion for the company. CEO and president Doug Suttles says “this transaction advances our strategy by unlocking value from our portfolio as we focus on developing our core growth […]
Mexican Shale Plays Hampered by Drug Cartels
It’s tough enough getting shale gas out of the ground, having bullets whiz past your head is making it almost impossible in Northern Mexico. Drug traffickers and thieves engage in running battles with soldiers along the countries Texas border. One of the more recent incidents saw about three dozen workers with Weatherford International (WFT) looking […]