Bakken Shale — North Dakota/Montana Spurred by strong production results in the Bakken and Eagle Ford Shale regions, Marathon Oil reported a second-quarter 2018 profit of $96 million. This compares to a $145 million loss for the same period in 2017. Continental Resources, also led by strong Bakken results, reported a 26 percent increase year […]
Abundance of locally-produced oil and gas benefits the economy, environment and local schools A new report from Texans for Natural Gas highlights how oil and gas production in the Eagle Ford Shale is delivering economic and environmental benefits to South Texas. As the second largest oil producing region in the country and fourth largest natural gas producing […]
The South Texas Energy and Economic Roundtable (STEER), serving the Eagle Ford Shale region in South Texas, has opened its call for nominations for the sixth annual Eagle Ford Excellence Awards. The awards are focused on honoring members of the oil and gas community for diligent efforts to preserve the environment, ensure safety in and around […]
Following the recent announcement from the U.S. Environmental Protection Agency (EPA) that Bexar County was in non-attainment under federal ozone standards, critics tried to blame nearby oil and gas development in the Eagle Ford Shale for the region’s air pollution. But the facts tell a different story. According to state and local emissions data, the Eagle Ford Shale is […]
The San Antonio Business Journal, Houston Business Journal and South Texas Energy & Economic Roundtable are co-hosting an event to commemorate the 10th anniversary of the discovery of a new gas field in the Eagle Ford Shale. Petrohawk Energy Corp. made history with its announcement on Oct. 21, 2008, that it had discovered the field in […]
In 1891, the Railroad Commission of Texas was created by the Texas Legislature to protect Texans from the flourishing railroad industry’s abuse of power and discriminatory rates through regulation. The Commission was Texas’ first regulatory agency and initially maintained jurisdiction over the rates and management of railroads, terminals, wharves and express companies. However, the oil […]
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SAN ANTONIO, TEXAS (August 17, 2018) – The South Texas Energy and Economic Roundtable (STEER), serving the Eagle Ford Shale region in South Texas, is opening its call for nominations for the sixth annual Eagle Ford Excellence Awards. The awards are focused on honoring members of the oil and gas community for diligent efforts to […]
With 143,000 barrels of oil collected per day, the EIA reports that employment in the oil industry is on the rise. In fact, an estimated 178,000 Americans were employed in the oil and gas industry in 2017, according to the Bureau of Labour Statistics. However, most employees are not aware of what’s going on behind […]
Nothing says football season like the sound of cleats on turf, shoulder pads crashing and a roaring crowd as the ball flies through the air – but none of this would be possible without the help of natural gas and oil. Numerous synthetic components power football games, so it’s fitting that Ohio, the U.S. leader […]
