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The plant is also highly integrated with petrochemicals production and lubricants and is a critical part of the Texas-Louisiana gulf coast energy infrastructure. [3] The site encompasses more than 2,700 acres and is staffed by 2,000 employees daily plus another 3,000 contractors to support maintenance and construction activities.
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.
A Landman or "Petroleum Landman"—in the United States and Canada—is an individual who performs various services for oil and gas exploration companies. [1] According to the website of the American Association of Professional Landmen (AAPL), these services include but are not limited to: negotiating for the acquisition or divestiture of mineral rights; negotiating business agreements that ...
ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas. It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company. Today, it is the largest employer in the city.
The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
In 1926, a partnership consisting of Mid Kansas Oil Company (part of The Ohio Oil Company, the ancestor of Marathon Oil) and Transcontinental Oil, drilled an exploratory well, the Yates No. 1-A, on the Yates ranch into the San Andres formation approximately 1,000 feet (300 m) below ground surface, and hit a rich productive zone, producing a ...
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