Tuesday, October 22, 2013

A Random Note From SeekingAlpha

This arrived in my mailbox earlier, with some minor editing, from SeekingAlpha:
  • North Dakota’s Bakken and south Texas’ Eagle Ford shale formations were responsible for 75% of oil production growth over the past month, and west Texas’ Permian remains the biggest overall oil producer, according to a first-of-its-kind EIA report released Tuesday.
  • The Marcellus formation, which straddles Pennsylvania, West Virginia and New York, accounted for 75% of natural gas' production growth, the report said.
  • Top Bakken producers in the Bakken include Oasis Petroleum and Continental Resources; in the Eagle Ford, EOG Resources and Chesapeake are among the top producers, while Diamondback Energy is a top asset holder in the Permian.
  • Cabot Oil & Gas is among the largest producers in the Marcellus formation.
The big story: "Top Bakken producers in the Bakken include Oasis Petroleum and Continental Resources."

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