Home / Tag Archives: Texas (page 97)

Tag Archives: Texas

Texas oilfield company appeals $2.6 million fine in North Dakota

stallion

WILLISTON, N.D. — A Texas company is appealing a $2.6 million fine for allegedly operating illegal temporary housing for its workers in the western North Dakota oil patch. Williams County late last year fined Houston-based Stallion Oilfield Services for failing to follow conditions of a permit. Zoning officials said Stallion was originally approved in 2011 for 25 housing units but ...

Read More »

Eagle Ford led energy deals in 2013, despite national decline

texas

The Eagle Ford Shale drew $8.8 billion in upstream oil and gas deals in 2013, the largest value in the country, according to a new PLS report. The shale play in South Texas also was the site of the year’s largest energy deal, with Devon Energy’s $6 billion Eagle Ford land grab announced in November, the Houston research firm noted. ...

Read More »

Frigid weather threatens oil output from Texas to ND

cold

(Reuters) The severe cold weather sweeping across the mid-United States is threatening to curtail booming oil production as it disrupts traffic, strands wells and interrupts drilling and fracking operations. Weather stations across the U.S. Midwest recorded some of the coldest temperatures in two decades this weekend, with many schools closed and flights delayed. Arctic cold air is also spreading across ...

Read More »

ONEOK Inc. sets spinoff of ONE Gas for Jan. 31

Oneok

ONEOK Inc. will spin off its natural gas distribution business ONE Gas Inc. at the end of this month, according to a plan approved Wednesday by ONEOK’s board of directors. The Tulsa-based natural gas and natural gas liquids gathering and transport company said the transaction to create ONE Gas will close Jan. 31, when shares of the new company are ...

Read More »

U.S. oil boom could slip in 2015, feds forecast

oil rigs

The shale-oil boom that has lifted economies and made millionaires in Texas and North Dakota will slow next year for the first time since it began in 2011, a new federal forecast shows. U.S. oil producers are slated to increase their output by about 750,000 barrels per day in 2015, according to the U.S. Energy Information Administration’s first projections about ...

Read More »

Nolan County Commissioners call special meeting to address road conditions

road

The Nolan County Commissioners Court has called a special meeting on Thursday to discuss possibly creating County Energy Transportation Reinvestment Zones to address road issues brought about by increased oil and gas activity in the county. The meeting and public hearing will be 9 a.m. at the Nolan County Courthouse, 100 E. Third St., Sweetwater. Nolan County residents are encouraged ...

Read More »

Spending in Eagle Ford forecast at $30B this year

money

SAN ANTONIO — The unrelenting pace of drilling and development will continue in South Texas this year, with oil and gas companies expected to spend between $23 billion and $30 billion in the Eagle Ford Shale. A new report from research and consulting company GlobalData calls the Eagle Ford “an even larger resource than initially thought” and says the industry ...

Read More »

Basin booms forward

storage tank

The federal government recently forecast that 2016 will bring record levels of American oil production — about 9.6 million barrels of crude per day, a record set in 1970. And the Permian Basin, of course, is expected to form a large part of that domestic energy production surge. Already, the Permian Basin remains the biggest absolute oil producer in the ...

Read More »

Cline Shale still the ‘big unknown’ in 2013

Cline Shale

Perhaps the most pressing question in this region in 2013 was: When will the Cline Shale boom? The latest series of oil and natural gas booms began just a few years ago with the rapid expansion of hydraulic fracturing, or “fracking,” opening reserves of fossil fuels trapped in rock shales deep underground. The Barnett Shale in Fort Worth, Haynesville Shale ...

Read More »

Cline Shale still the ‘big unknown’ in 2013

cline shale

Perhaps the most pressing question in this region in 2013 was: When will the Cline Shale boom? The latest series of oil and natural gas booms began just a few years ago with the rapid expansion of hydraulic fracturing, or “fracking,” opening reserves of fossil fuels trapped in rock shales deep underground. The Barnett Shale in Fort Worth, Haynesville Shale ...

Read More »