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Eagle Ford Shale News

Despite oil bust, Texas prepares more students for oil jobs

HOUSTON — The oil industry is mired in its latest bust, with thousands of jobs evaporating like flares flaming out over natural gas wells. But in Texas, education officials are preparing more young people for the oil patch, showing the state’s unshakeable commitment to the energy sector despite the employment uncertainties. The Houston school district is planning to expand its ...

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Experts: Condensate, natural gas will carry the region

Tax revenues would soar and scores of jobs would open if the nation’s decadeslong crude oil exports ban is overturned, energy and economic experts said Wednesday. Panelists for the inaugural State of Energy luncheon Wednesday said the Corpus Christi area has been less affected by the downturn in oil and gas prices than Houston and other energy hubs the past ...

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Stuck in the mud? Safe-T-Pull

Imagine this: It’s one of those cold, wet, late-fall evenings in Western North Dakota. The weather conditions are worsening, but you promised your most important client you’d make a last-minute fuel oil delivery to his rig. “Just one more and I can call it a day,” you tell yourself, relaxing to the rhythm of the rain. Then it happens. An ...

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Lawsuit challenging Denton drilling ordinances is dropped

A lawsuit filed by the oil and gas industry hours after Denton voters approved the state’s first ban against hydraulic fracturing has been dismissed. City officials and the Texas Oil and Gas Association announced Thursday that state District Judge Sherry Shipman had signed an agreed order Sept. 4 to dismiss the suit. In the suit, which was filed the morning ...

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Royalty checks shrivel in Texas as oil, gas prices tumble

DALLAS — Once-lucrative royalty checks for mineral rights owners across Texas are shriveling as oil and natural gas prices tumble. U.S. crude prices ended the week falling after Goldman Sachs said a global price of oil could push prices as low as $20 a barrel. Now land owners who leased their property to drillers during the oil and gas boom ...

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Two events for one future: Texas energy leaders to share strategy at Eagle Ford conferences

Even the Eagle Ford—which is bursting at the seams with oil— isn’t immune to the effects of the current low-price environment. Now more than ever, companies operating in the region need access to the latest intelligence coming from the field. Next month, thousands of energy industry professionals will converge in San Antonio for two world-class industry conferences. Hart Energy— an ...

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Top Oil and Gas Producers, Financial Experts to Share Cost-Cutting Strategy at 2015 DUG Eagle Ford Conference

Houston, Texas (September 1, 2015) – As the world’s most active shale play, the Eagle Ford is expected to lead the way during the next phase of business cycle. More than 4,000 industry professionals will explore the path forward at Hart Energy’s DUG Eagle Ford conference and exhibition. The 6th annual event is set for October 25-27 at the Henry ...

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Fire breaks out at gas plant in rural North Texas

CHICO, Texas (AP) — About a dozen homes in a rural area of North Texas were evacuated as a precaution after a fire broke out at a natural gas facility. There have been no reports of injuries. The fire broke out early Thursday morning at the Targa Gas Plant. The plant is west of Chico, a small town about 55 ...

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Texas regulator clears oil and gas company of causing quakes

AUSTIN, Texas (AP) — The regulatory agency overseeing Texas’ oil and gas industry has determined that a series of small earthquakes in North Texas likely wasn’t caused by drilling operations by an Exxon Mobil subsidiary. The preliminary findings mark the first decision by the Texas Railroad Commission since it was authorized last year to consider whether seismological activity was caused ...

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JM Oil Field Services downsizing in the Eagle Ford Shale

Job cuts keep coming in the Eagle Ford as JM Oil Field Services (JMOS) laid off 150 or more workers Monday morning. The news came to a surprise to employees operating at the company headquarters in Gonzales, Texas. As one source noted, many believed their jobs were secured thanks to an acquisition on behalf of Twin Peaks Field Services in ...

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