The mission of NARO is to encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of mineral and royalty owners through education, advocacy and assistance to our members, to NARO chapter organizations, to government bodies and to the public.
The energy-thirsty United States is on the hunt for a game-changing energy source or technology that will transform energy use as we know it.
Batteries and the electric cars they will power remain one potential source for that new energy era; fuel cell energy is another. However, each, barring a research breakthrough, is unlikely to transform vehicle, industrial or home/business energy use.
Even so, while the nation waits for that next big thing in ...
We’ve heard grumblings for months about the Smackover Brown Dense and are now beginning to oil & gas companies discuss the play. Last week Southwestern Energy announced a 460,000 acre position in Southern Arkansas and Northern Louisiana. Leases to date average an 18% royalty, with a 4 year primary term, with options to extend for 4 years. The company has invested a total of $325 per acre to date. That includes both bonuses and other costs associated with leasing.
Fracturing jumped into public consciousness as drilling in the Marcellus Shale in Pennsylvania and New York drew the attention of national media organizations.
Pushing back against negative publicity, speakers at the Independent Petroleum Association of New Mexico's annual meeting at the Sandia Resort and Casino sought to portray fracturing as ...
DOW JONES NEWSWIRES
Oil-and-natural-gas company Matador Resources Co. said it planned to sell up to an estimated $150 million of common stock in an initial public offering to pay down debt.
The exploration and development company focuses on oil and gas in shale and other unconventional resources. Its current operations are centered on the Eagle Ford shale ...
Full Article: The Wall Street Journal
As the shale oil and gas revolution has picked up steam over the past several years, several important trends have emerged that will separate the winners from the losers.
The combination of depressed natural gas prices in North America and robust oil prices has prompted independent producers to ramp up drilling activity in fields rich in oil, condensate and natural gas liquids (NGL) while reining in operations in Louisiana’s Haynesville Shale and other dry-gas ...
On August 1st and August 2nd, Congress passed and President Obama officially signed into law the Budget Control Act of 2011, or S 365. The act sets a historic expectation for the federal government to produce at least $2.1 trillion in both budget cuts and debt limit increases over the next decade. While it is of the utmost importance for our government to reign in spending and control our ballooning deficit problems, the passing of this landmark legislation ...