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The Woodbine Group is a geological formation in east Texas whose strata date back to the Early to Middle Cenomanian age of the Late Cretaceous. [1] It is the producing formation of the giant East Texas Oil Field (also known as the "Black Giant") from which over 5.42 billion barrels of oil have been produced. [3]
Eagle Ford stratigraphic column Outcrop of the Eagle Ford and Austin Chalk Contact off Kiest Blvd, 1/2 mile east of Patriot Pky in Dallas County. The Eagle Ford Group (also called the Eagle Ford Shale) is a sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas.
The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
Ford Motor Co. alerted its dealers Wednesday to price changes for its all-electric F-150 Lightning. Prices on model year 2024 pickups have jumped $2,000 to $10,000 from 2023, the automaker said.
The changes will force Ford to write down $400 million of its current assets for big electric SUVs, and it also expects to have additional expenses of up to $1.5 billion.
He does not own the oil or natural gas but is compensated for drilling the land. [4] Lewis owns at least 350,000 acres of the Eagle Ford Shale property. In 2010, British Petroleum began drilling on 80,000 acres of Eagle Ford Shale property that Lewis owns. [5] As of March 2018, he is the 1,756th richest person in the world. [3]
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