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Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
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.
This new oil field helped to revive Dallas's economy during the Great Depression, but sharply decreased interest in West Texas as the new supply led to another major drop in oil prices. The uncontrolled production in the eastern field destabilized the state's oil industry, which had been trying to control production levels to stabilize prices. [42]
Texas has been the leading state in petroleum production since discovery of the Spindletop oil field in 1901. [11] As of October 2017, the State of Texas (if treated as its own nation) is the 7th largest oil producing nation in the world, with production totaling approximately 3.78 million barrels (600 thousand cubic meters ) per day of oil ...
KWEX-DT presently broadcasts seven hours of locally produced newscasts each week (with one hour each on weekdays, Saturdays and Sundays); in addition, the station produces a series of interview segments titled Despierta San Antonio (Wake-up San Antonio), which airs at around 25 and 55 minutes past the hour during Univision's national morning program Despierta América on weekday mornings.
"It is the most significant set of market dislocations and distortions in energy markets generally speaking that I ever recall,” Ed Morse, global head of commodity research at Citi Group, told ...
NuStar owns 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. [ 2 ] The partnership's combined system has approximately 93 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including Sint ...
Recent excavations unearthed artifacts presumably from the 1813 Battle of Medina south of San Antonio.