Drilling at Marathon Oil Corp.'s operations in the Eagle Ford Shale formation in South Texas. (Marathon Oil)

Eagle Ford booms to the tune of $87 billion

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Economic activity related to oil and gas exploration in South Texas is up 43 percent in just the last year in the region.
(Ken Childress)

Condensate production booming, but fight over definition limiting exports, EIA official says

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The director of the U.S. Energy Information Administration said that U.S. production of condensate, a light oil separated from natural gas, has never been higher. But a fight over the substance has kept exports low.

UTSA, Southwest Research find a new way to clean frack water

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The University of Texas at San Antonio and the Southwest Research Institute say they have found an inexpensive way to treat the water that flows back to the surface after hydraulic fracturing. A team of researchers used a plant matter called biochar to remove impurities from the flowback water.
Texas Railroad Commissioner David Porter. (photo courtesy of Texas Railroad Commission)

Back from South Texas, regulator re-warns of pipeline threat

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Texas Railroad Commissioner David Porter returned Thursday from a visit to oil installations with a grim safety assessment. But the industry, he stressed, was not to blame.

Brent crude falls below $100 for first time in 14 months

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Brent crude fell below $100 a barrel for the first time since June 2013 as a slowdown in imports into China reinforced signs of surplus supply. West Texas Intermediate dropped to the lowest in almost eight months.

More Texans working for oil and gas companies

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The 302,700 workers estimated to work for services and exploration and production companies marked the first time employment in the industry has exceeded 300,000 since his Texas Petro Index began tracking the numbers in 1995, said its developer, economist Karr Ingham.
(AP Photo/Pat Sullivan)

Midstream firms build to meet Eagle Ford condensate production

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Buckeye Partners and other midstream interests are betting millions on light oil called condensate from the Eagle Ford Shale.
Categories: Eagle Ford, Markets

Buckeye Partners to buy $860 million in Trafigura Eagle Ford midstream assets

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Buckeye Partners L.P. said Tuesday it would enter the fast-growing Eagle Ford region with an $860 million deal to acquire an 80 percent interest Trafigura AG’s South Texas midstream assets.
(Source/World Resources Institute)

Water resources a problem for energy extraction worldwide, report finds

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According to the analysis by the World Resources Institute, 38 percent of the earth’s shale gas and tight oil resources are in areas that are either arid or under high levels of water stress already _ a scenario that does not mesh with the high water demands of today’s extraction techniques.
Rail tank cars are seen on tracks behind new homes under construction in the Cottage Grove area on Wednesday, Aug. 20, 2014, in Houston. Transport of crude oil by rail has become increasingly common, raising safety concerns after a series of derailments around the country. ( Smiley N. Pool / Houston Chronicle )

Crude oil rides Texas’ rails with little tracking

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For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.