Tag: shale

Posted in
Posted in

Eagle Ford SHALE-A-BRATION – Celebrating 10 Years!

Its hard to believe, but it was ten years ago, October 21, 2008, that the Eagle Ford Shales Hawkville Field was discovered by the Petrohawk Energy Corporation. To celebrate that momentous occasion in our states history, the San Antonio Business Journal, in partnership with the South Texas Energy & Economic Roundtable (STEER) and the Houston […]

CONTINUE READING Eagle Ford SHALE-A-BRATION – Celebrating 10 Years! 1 min read
Posted in
Posted in

U.S. Shale Play Roundup

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 […]

CONTINUE READING U.S. Shale Play Roundup 4 min read
Posted in
Posted in

New Report Highlights Massive Benefits in San Antonio Thanks to Eagle Ford Shale Development

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 […]

CONTINUE READING New Report Highlights Massive Benefits in San Antonio Thanks to Eagle Ford Shale Development 2 min read
Posted in
Posted in

San Antonio event highlighting Eagle Ford Shale’s 10th anniversary

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 […]

CONTINUE READING San Antonio event highlighting Eagle Ford Shale’s 10th anniversary 1 min read
Posted in
Posted in

Signs of Employment Scams In The Shale Oil Industry And How To Spot Them

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 […]

CONTINUE READING Signs of Employment Scams In The Shale Oil Industry And How To Spot Them 2 min read
Posted in
Posted in

How Shale Impacts the Texas Economy

Last week saw two major announcements from Texas government officials that illustrate the huge way in which the ability to produce oil and gas from shale formations benefits the state’s economy: State Comptroller Glenn Hegar informed leaders of the state’s legislature that, thanks to a healthy economy largely driven by the oil and gas boom in the […]

CONTINUE READING How Shale Impacts the Texas Economy 2 min read

Report: How the Texas Shale Revolution is Spurring a Manufacturing Renaissance

A new report from Texans for Natural Gas highlights how shale development, made possible by advancements in hydraulic fracturing and horizontal drilling, has spurred massive new investments in Texas manufacturing, creating thousands of new jobs and injecting billions of dollars into Texas’ economy. The report, entitled Revolution to Renaissance: How Fracking Has Spurred a Resurgence in Texas Manufacturing, explores […]

CONTINUE READING Report: How the Texas Shale Revolution is Spurring a Manufacturing Renaissance 2 min read
Posted in

Why Is Shale So Important?

When the oil and gas boom of 2013 and 2014 occurred, “shale” became a buzzword seemingly overnight. Shale oil has been around for a long time, in fact, its discovery dates back to 14th century Switzerland and Austria. Geology.com describes Shale as “a fine-grained sedimentary rock that forms from the compaction of silt and clay-size mineral particles that we […]

CONTINUE READING Why Is Shale So Important? 3 min read