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Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 [4] and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the company ranked No. 90 in the 2018 Fortune 500 list of the largest United States corporations by total ...
The South Texas Oilfield Expo is an oil and gas industry trade show held annually at the Henry B. Gonzalez Convention Center in San Antonio. Produced by trade show production company Event Equity Partners LLC, the expo was previously held at the American Bank Center in Corpus Christi. The 2012 event featured 2000 exhibitors in over 600 booths ...
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.
Permian Basin (North America) The Permian Basin is a large sedimentary basin in the southwestern part of the United States. It is the highest producing oil field in the United States, producing an average of 4.2 million barrels of crude oil per day in 2019. This sedimentary basin is located in western Texas and southeastern New Mexico.
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. The find was unprecedented in its size (worldwide) and ushered in an age of rapid regional development ...
Nearly 3,000 (FY 2021) Website. swri.org. Southwest Research Institute (SwRI), headquartered in San Antonio, Texas, is an independent and nonprofit applied research and development (R&D) organization. Founded in 1947 by oil businessman Tom Slick, [1] it provides contract research and development services to government and industrial clients.
Petroleum licensing. Petroleum licensing or exploration license is the act of giving licenses (geographical areas at land or sea) to a company or a joint venture allowing them to search for commercially feasible deposits for the extraction of petroleum. Each sovereign country distributes licenses in what is typically called a licensing round.
The Vaca Muerta Formation, commonly known as Vaca Muerta (Spanish for Dead Cow), is a geologic formation of Late Jurassic to Early Cretaceous age, located in the Neuquén Basin in northern Patagonia, Argentina. Waste from the oil exploitation since 2011 has been deposited close to the town of Añelo, which is about 1,200km west of Buenos Aires. [9]