Drilling rigs boom in Texas — and across the US
In case you were wondering whether there was really an oil Renaissance happening in Texas, the state has 838 drilling rigs – about 47 percent of all U.S. rigs and 26 percent of drilling rigs worldwide. More »
West Texas shale could dwarf Eagle Ford
Texas is awash in oil and gas, with rigs proliferating from the Permian Basin to the Haynesville Shale. Now, another shale play in West Texas is causing a stir, with early estimates of recoverable reserves at 30 billion barrels of oil. More »
Laredo snaps up Broad Oak, creating larger Permian player
Joining of two private E&P firms creates a larger firm with a presence in Texas’ Permian Basin. More »
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