Category: Texas

Colorado finds itself an earthquake lab amid gas boom

In an area peppered with wells pulling energy resources from below ground — and many pumping wastewater from the process back into it through injection wells — an old question resurfaced: Could the same geological tinkering that has revved a formidable economic engine also trigger potentially damaging earthquakes?  More »

Hearing to discuss Mexico’s energy impact on Texas

An energy boom is brewing across the border, and a joint legislative hearing in September will talk about the potential impact on the Rio Grande Valley.  More »

Occidental breaks ground on Midland complex

MIDLAND — Occidental Petroleum officials and employees gathered earlier this week with local- and state-elected officials — including Gov. Rick Perry — to break ground for the company’s Midland office. Mayor Jerry Morales began the event, welcoming participants and citing not only Occidental’s job creation but its contributions to the community — from schools to […]  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Texas schools get $3.75 million to commercialize their research

A $3.75 million National Science Foundation grant will help researchers at Rice, Texas A&M and the University of Texas investigate commercial applications for their work.  More »

Exxon Mobil touts chemical plant expansion

Exxon Mobil Corp. officially launched its already underway Baytown Chemical plant expansion at an event Friday afternoon. Across the street from the event, workers were driving piles and shoring up the foundation for construction.  More »

Brent crude has traded within $5 for 13 months, report says

Despite a recent drop, the Brent spot price for crude oil has had a remarkably stable price for just over a year, according to a government report.  More »

Texas price gap widens as oil production rises

A backlog of Permian Basin oil sent the price of crude in Midland $19 below the U.S. benchmark during Tuesday trading morning and $21 dollars below by the end of the day, the widest gap on records that stretch back to 1991.  More »

Less shake from artificial quakes

Man-made earthquakes, a side effect of some high-tech energy drilling, cause less shaking and in general are about 16 times weaker than natural earthquakes with the same magnitude, a new federal study found.  More »

Natural gas will dominate Texas electric growth, report says

Natural gas power plants will represent almost all the growth in Texas electricity generation until at least 2040, the U.S. Energy Department reports.  More »

EIA: Eagle Ford to cross 1.5 million daily barrels in September

The U.S. Energy Information Administration expects the Eagle Ford Shale to produce 1.51 million barrels of crude oil and other liquids daily in September. It would be a gain of around 31,000 daily barrels over August production for the South Texas field.  More »

Texas weighs new pipeline rules

Some Texas attorneys think proposed changes to state eminent domain rules for oil and gas pipeline operators don’t go far enough to protect people from the companies that take their land.  More »
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