Why Low Oil Prices Are a Good Thing for Addax Minerals

Dallas Business Journal By Nicholas Sakelaris Not everyone is sweating sub $70 crude oil. If you’re in the business of buying oil and gas minerals, it’s a great time to buy. That’s how Ryan Watts, the president of Dallas-based Addax Minerals, responded when asked how the company is affected by plummeting oil prices. “We’re always […]

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Shale Industry Staying Busy With Activity

Chron By Rebecca Maitland There are more than 16 massive shale plays in the U.S. today that have created over 2 million jobs, and these numbers continue to rise. However, everything is bigger in Texas, including natural gas production. In Texas, thanks to the Barnett Shale, Eagle Ford Shale and Haynesville Shale, the Lone Star […]

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Oil & Gas Technology Of The Future Is Here

By. James Burgess of Oilprice.com LONDON, ENGLAND / ACCESSWIRE / November 6, 2014 / Oil and gas technology of the future is here, and it’s claimed to be safer and more economical than fracking. As oil prices slump and fracking remains under constant activist scrutiny, a new breakthrough technology promises a safe solution for making […]

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oil pump

Oil, gas interests sue Denton over fracking ban

By Chuck Lindell The measure, supported by 59 percent of voters Tuesday, bars hydraulic fracturing — a process in which water, sand and chemicals are pumped under high pressure to crack open the Barnett Shale deposits that have fueled much of the Texas oil and gas boom. Advocates of the statute complained that fracking pollutes […]

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Denton fracking ban quickly draws two lawsuits after passing

by James Osborne and Marissa Barnett A day after voters decided to make Denton the first city in Texas to ban hydraulic fracturing, the reaction by the energy industry and government was swift. By 9:09 a.m. Wednesday, both the Texas Oil and Gas Association and the Texas General Land Office had filed lawsuits to prevent […]

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