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A new report shows Texas schools received a huge boost in funding last year from oil and gas development across the state.
Though the recommendation awaits approval by the commissioners, it sets guidance on one of the most contentious issues to emerge from the oil and gas boom.
Communities in the Eagle Ford Shale in South Texas topped the state’s list of the top oil- and natural gas-producing counties in June, according to data released this week by the Texas Railroad Commission. Karnes County continues to pump more crude oil than any other county, with nearly 6.8 million barrels produced in June.
“Nobody had any idea how much methane was being leaked in the Barnett area,” said Robert Talbot, an University of Houston atmospheric chemistry professor who authored the paper.
The Texas Oil and Gas Association filed its challenge in federal court on Wednesday morning, arguing that the city has no right to override state policy favoring subterranean mineral extraction.
Two private equity firms will combine their energy assets to form a new oil and gas operator that will have a big presence in the Barnett Shale.
Colorado-based shale gas producer Vantage Energy told regulators Monday it is planning to go public for $400 million.
A geologist for Texas regulators wrote that the agency has determined that there is insufficient evidence tying drilling to methane contamination beneath a Texas neighborhood and the agency will not investigate further.
A Texas family has won what appears to be the first successful U.S. lawsuit alleging that toxic air emissions from oil and gas production sickened people living nearby. But there are no assurances the verdict against Aruba Petroleum will survive an appeal or lead to regulatory changes in Texas.
When Halliburton took a job two years ago to figure out what was wrong with Devon Energy’s wells in the Barnett Shale, only one in 11 of the wells was any good.