Arkansas Business Weekly Edition

September 15, 2014

Technological Innovations Bring Profitable Changes to The Fayetteville Shale

Technological Innovations Bring Profitable Changes to The Fayetteville Shale

The control cab of the new generation of drilling rigs, featuring joystick technology with touch screen applications, has been likened to the cockpit of a Star Wars spacecraft.

New advances have enabled companies to drill deeper and more complex wells to tap the gas shale, too. Mixed in with the drilling improvements are new fracking techniques that increase the productivity of wells. read more >

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded. read more >

Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices. read more >

Real Deals

A look at important real estate deals & transactions in Pulaski County.

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This Week's List

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded. read more >


Executive Q&A

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

The mission of AIPRO is to represent the interests of oil and natural gas producers and royalty owners in Arkansas, while educating others about the benefits oil and gas bring to the state. read more >

Spotlight: Energy & Utilities

Natural Gas Severance Tax Collections 150 Times Larger

Natural Gas Severance Tax Collections 150 Times Larger

Development of the Fayetteville Shale Play, and especially the damage that heavy drilling equipment caused to sleepy county roadways, provided the political cover needed to raise Arkansas' severance tax on natural gas for the first time in more than 50 years. read more >

South Arkansas Formation Proves Disappointing So Far

South Arkansas Formation Proves Disappointing So Far

The Lower Smackover Brown Dense formation has, so far, been a disappointment for exploration companies, mineral rights owners and state regulators hoping for a 21st century oil boom in south Arkansas and north Louisiana. read more >

Regulators Cite Greater Shale Knowledge as Environmental Complaints Dwindle

Regulators Cite Greater Shale Knowledge as Environmental Complaints Dwindle

A decade of shale play development has seen a resolution of some of the early concerns, and two of the Arkansas regulators most involved in overseeing the gas industry in the play credit the growing “maturity” not just of the industry but of their own agencies and the public. read more >

Hanna Still Believing in Arkoma Basin's Future

Hanna Still Believing in Arkoma Basin's Future

Hanna Oil & Gas Co. of Fort Smith has been drilling gas wells in the Arkoma Basin for two generations covering more than 50 years. President Bill Hanna, son of founder Jim Hanna, is confident the basin will be around and still producing for the next generation of Hannas. That has already started as Bill's oldest son, Griffin, started work in the field for the company after graduating with a finance degree from the University of Denver. read more >

Fracking Techniques Deemed Corporate Secret

Fracking Techniques Deemed Corporate Secret

The refinements of directional drilling have enhanced shale plays with increased opportunities afforded by lateral boring.But when it comes to the below-ground magic of fracking, innovative techniques sometimes are buried in corporate secrecy. read more >

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

The mission of AIPRO is to represent the interests of oil and natural gas producers and royalty owners in Arkansas, while educating others about the benefits oil and gas bring to the state. read more >

Opinion & Analysis

Challenges of Family Ownership (Rudy Ortiz Expert Advice)

Challenges of Family Ownership (Rudy Ortiz Expert Advice)

The irony of family business is that the same characteristics that can lead to their successes can also contribute to their demise. These competing characteristics include family trust, founder independence and tenacity, and extensive product knowledge. It is important to review each of these in fuller detail to understand the challenges family businesses face. read more >

Don't Criticize Texas (Feedback)

Don't Criticize Texas (Feedback)

Jerry Jackson of Heber Springs invites Arkansas Business Editor Gwen Moritz and the rest of Arkansas to not mess with the Lone Star state. read more >

Some Are More Equal Than Others (Editorial)

Some Are More Equal Than Others (Editorial)

In at least three cases, politically well-connected Faulkner County couples were able to keep their divorce filings from public release. The divorce files of disgraced former Circuit Judge Mike Maggio, former state Sen. Gilbert Baker and Conway Deputy City Attorney Chuck Clawson were sealed in such a way that the very existence of the petitions were kept secret from public for reasons that no one seemed willing to explain. read more >