February 14, 2008:
Chatting with L. Frank Pitts L. Frank Pitts has drilled more than 3,000 oil and gas wells during his lifetime, most of them in Texas. At age 97, he still gets fired up about things: ...more
February 14, 2008:
Panola Field Uprising Since 1982, when the first well started producing gas from the prolific Panola Field in the Arkoma Basin of Latimer County in eastern Oklahoma, the field has put out some ...more
February 14, 2008:
Major Pressure Major oil producers’ buybacks and dividends have grown to represent 98% of their capex in the past three years, according to an analysis by credit-rating firm Fitch Ratings. The rate ...more
February 14, 2008:
Regional Spotlight: Permian Basin The Permian Basin has been one of the most prolific petroleum regions in North America, producing oil primarily from Permian- and Pennsylvanian-age carbonate reservoirs. The region is characterized by two ...more
February 14, 2008:
Heard At the Conference It’s the people, Wall Street: “You don’t need ‘star power’ when you have a good team,” says Bruce Vincent, president of Swift Energy Corp., Houston. The midcap E&P company has ...more
February 14, 2008:
Microwaving Hydrocarbons Sometimes it pays to take a risk. Like drilling a wildcat, funding a start-up or sticking a no-no thing into a microwave oven. That’s right.On March 13, 1996, while Frank ...more
February 14, 2008:
Brightspot: Meet Lynn Bass Coming from Indiana, Marshall Lynn Bass didn’t seem destined for investing in the oil and gas industry. His father was an electrical engineering professor and his mother worked in the ...more
February 14, 2008:
Service-Stock Picks for 2008 Starting out 2008, oil prices wasted no time briefly pushing past the century mark while natural gas prices languished at $7 to $8—an event not typically seen in early-January trading ...more
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