Tagged: Fayetteville Shale Play

M&M Cleanup Company Meets Messy End

M&M Cleanup Company Meets Messy End

Banking & FinanceLegalTransportationCover Story

Instead of soaring under new ownership, M&M Environmental Group, which provided environmental services to the oil and gas industries, went into a tailspin. So did the relationship between McFadin and the Omega Group; eventually the two sides deadlocked on whether to file for bankruptcy protection late last year. read more >

Hanna Still Believes in Arkoma Basin’s Future

Hanna Still Believes 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 >

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 >

New Algorithm Finds Production Potential for Shale Plays

A pair of oil industry consultants have devised an algorithm that provides new estimates on shale gas play production potential based on Estimated Ultimate Recovery (EUR), the approximate quantity of oil or gas that can potentially be recovered from a well or reserve. read more >