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Tag Archives: Permian

US shale crude almost universally volatile, execs say

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Shane Thielges | Shale Plays Media Crude oil from the Bakken shale has long been under scrutiny for its volatile and potentially explosive nature. Now, the Wall Street Journal reports that nearly all oil produced in US shale plays is likely to be similarly unstable. Citing “energy executives and experts”, WSJ’s Alison Sider and Nicole Friedman explain that shale oil ...

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Matador Resources Company Announces Pricing of Public Offering of Common Stock

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DALLAS–(BUSINESS WIRE)–May 23, 2014– Matador Resources Company (NYSE: MTDR) (“Matador”) announced today that it has priced an underwritten public offering of 7,500,000 shares of its common stock. Total estimated proceeds of the offering to Matador, before estimated offering expenses, are approximately $182 million. Matador intends to use the net proceeds from this offering primarily to fund a portion of its capital expenditures, including ...

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Map shows where New Mexico oil, gas spills occur

The Associated Press CARLSBAD, N.M. — A new website has mapped where oil- and gas-related spills take place in New Mexico, and it shows their numbers have increased in recent years. The Center for Western Priorities built the online map using years of data gathered by the state Energy, Minerals and Natural Resources Department’s Oil Conservation Division, the Carlsbad Current-Argus reported ...

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