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Apr. 19—AUSTIN — According to newly released data from the Texas Workforce Commission, employment in the upstream sector of the Texas oil and gas industry grew by 4,500 jobs in March ...
(The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...
The refinery eventually will process U.S. shale oil from fields in West and South Texas, Calce said in an interview. In comparison, U.S. Gulf Coast refineries largely process medium to heavy crude.
In 2013, the company sold 55,000 net acres in the Northern Eagle Ford Shale and 9,600 net acres in the Haynesville Shale to EXCO for aggregate proceeds of $1 billion. [22] In December 2014, the company sold a large portion of its oil and gas assets in the Marcellus Formation and Utica Shale to Southwestern Energy for net proceeds of $4.975 ...
XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America.Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources.
Interest has grown in the region since Denver-based Forest Oil Corp. announced a significant discovery there after testing two vertical wells. Forest Oil said its Quebec assets [47] has similar rock properties to the Barnett shale in Texas. Forest Oil, which has several junior partners in the region, has drilled both vertical and horizontal wells.
While shale oil output from the Permian basin in Texas and New Mexico, the largest U.S. oilfield, has surged 3.6% to average 6.1 million barrels per day (bpd) so far this year, much of that oil is ...
In 2012, the owner and CEO of Findlay Resources was Jim Finley, [3] who was previously a Texas Certified Public Accountant working primarily with oil and gas companies. By 2014, the company had about 90 employees. [4] Finley Resources has been active in the development of the Barnett Shale and the Texas Permian Baisin, among other energy ...
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