HOUSTON (Reuters) – More than a dozen top U.S. energy companies have pledged $100 million toward easing stresses on health care, education and civic infrastructure from the shale oil and gas boom in West Texas and New Mexico, the group said on Sunday. Chevron, EOG Resources, Exxon Mobil and Royal Dutch Shell are among 17 […]
Some of the biggest pipeline operators in the United States have supercharged earnings this year by buying deeply discounted shale in West Texas oilfields and selling it at a premium at Gulf Coast ports. — Read on www.reuters.com/article/usa-crude-pipelines/u-s-pipeline-operators-reap-hefty-profits-from-bottlenecks-in-texas-idUSL2N1XI2E3Read more "U.S. pipeline operators reap hefty profits from bottlenecks in Texas | Reuters"
On Friday, Secretary of Energy and former Texas Governor Rick Perry traveled to San Antonio to participate in the Shale-a-Thon, the celebration of the 10th anniversary of the completion of the first successful horizontal oil well into the Eagle Ford Shale formation. That first well, drilled by Petrohawk Energy (later acquired by BHP Billiton), was announced on […]Read more "Happy 10th Anniversary To The Eagle Ford Shale | Forbes"
A new report says U.S. shale oil and gas will continue to drive supply growth through at least 2021, though some signs point to the limits of shale resources. The report by Goldman Sachs says U.S. shale resources are expected to continue to grow by 1 million barrels a day through 2021, which would put […]Read more "Goldman Sachs: Shale will drive global oil growth through 2021 – Houston Chronicle"
Texans For Natural Gas | September 25, 2018 For nearly a decade, anti-fracking groups have tried to link methane in North Texas groundwater supplies to Barnett Shale development. But a new peer-reviewed study has effectively debunked that claim. Researchers at the University of Texas at Austin and the University of Michigan recently published their fifth and final study as […]Read more "Study: Methane in North Texas Groundwater Is Unrelated to Fracking – Texans for Natural Gas"
The American oil industry is in the best condition it has been in decades. Shale drilling has unlocked billions of barrels of oil across the Lower 48, and companies are getting good enough at extracting it that many can pull it out of the ground for less than $50 a barrel compared with upwards of […]Read more "U.S. Oil Producers Are “Missing Out” on $100 Million a Day in Revenue"
China’s move to impose tariffs on U.S. liquefied natural gas imperils the ability of a burgeoning industry to export the bounty of American shale. Retaliating against new Trump administration tariffs on $200 billion in Chinese goods, China on Tuesday issued levies on $60 billion of U.S. products, including a 10% tariff on liquefied natural gas, […]Read more "China Tariff Threatens U.S. Liquefied Natural Gas Boom"
Cody Campbell and John Sellers, 36, have made over $500 million. Dozens more follow in their footsteps flipping oil leases. By Kevin Crowley September 12, 2018, 5:00 AM CDT John Sellers and Cody Campbell are holding court one hot August evening in the corner of an oil-themed dive bar in Midland, Texas. After flying in […]Read more "Meet the Shalennials: CEOs Under 40 Making Millions in Texas Oil – Bloomberg"
Josh Shelton & Ryan Ray
Episode 41 – Sergio Chapa recaps the top Texas producers for 2017.
Global Energy Media |Texas Oil and Gas Podcast |Oil Country Media
Every day is Hard Hat Day for #OilCountry.Read more "Every day is Hard Hat Day for Oil Country | #OCTG "