Industry News

The Eagle Ford Shale Finally Gets A Little Media Love

date June 23, 2017
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The Eagle Ford Shale Finally Gets A Little Media Love

Forbes | David Blackmon Since the release of the UTSA Eagle Ford Shale Economic Impact Study, there has been an increase in media attention and optimism for South Texans. For most of the past year, […]

Experts Say Oil Industry Is Stable and Companies Are Hiring Again

date June 21, 2017
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Experts Say Oil Industry Is Stable and Companies Are Hiring Again

KRISTV.com | Anayeli Ruiz Experts say that with recent stability in oil prices companies are beginning to grow their investments in the Eagle Ford. South Texas oil experts gathered at the Ortiz Center today for […]

Study: Eagle Ford Economic Impact Peaked at $123 Billion During Boom

date June 21, 2017
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Study: Eagle Ford Economic Impact Peaked at $123 Billion During Boom

San Antonio Business Journal | Sergio Chapa The Eagle Ford Shale has done far better than anticipated through the industry’s recovery according to a recent economic impact study from the University of Texas at San […]

How Big Was the Oil Boom In South Texas? A New Report Has the Numbers

date June 21, 2017
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How Big Was the Oil Boom In South Texas? A New Report Has the Numbers

San Antonio Express Journal | Jennifer HIller Investors continue to return to the Eagle Ford as renewed positivity grows in the industry. The Eagle Ford Shale oil field had an estimated economic impact of $123 […]

Fed: State’s Oil Industry Growth Continues

date June 20, 2017
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Fed: State’s Oil Industry Growth Continues

Midland Reporter Telegram | Mella McEwen. The US continues to find more ways to export crude and increase production, which has contributed to the overall recovery over the last four months. Texas’ legendary oil and […]

New Report: Texas Oil and Gas Being Developed Responsibly, With Positive Economic Impacts

date June 19, 2017
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New Report: Texas Oil and Gas Being Developed Responsibly, With Positive Economic Impacts

Energy in Depth | Amy Brown The Academy of Medicine, Engineering and Science of Texas’ most recent study shows that it is possible to safely manage risks of oil and gas development. The Academy of Medicine, […]

Texas Oil Payrolls Increased by 3,300 Jobs in April, Dallas Fed Says

date June 16, 2017
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Texas Oil Payrolls Increased by 3,300 Jobs in April, Dallas Fed Says

Houston Chronicle| Collin Eaton Since the beginning of 2017, there has been an increase in Texas oil and gas jobs resulting from increased production. Oil company payrolls rose by 3,800 jobs across the United States […]

Nation’s Rig Count on the Rise, Continues Record-Breaking Streak

date June 16, 2017
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Nation’s Rig Count on the Rise, Continues Record-Breaking Streak

Houston Chronicle | Ryan Maye Handy Oil production in the US continues to increase with help of record breaking rig count growth. Oil and gas companies added six rigs over the past week to drilling […]

Oil and Gas, Manufacturing Continue Turnaround in May, Job Report says

date June 16, 2017
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Oil and Gas, Manufacturing Continue Turnaround in May, Job Report says

Houston Chronicle | Lydia DePillis Oil and gas has led job growth in Texas with 6,600 new jobs. Texas posted another month of strong job growth in May, the Texas Workforce Commission reported Friday, led by oil and gas […]

Drilling Activity, Hiring Increase in the Texas Oil and Gas Industry

date June 15, 2017
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Drilling Activity, Hiring Increase in the Texas Oil and Gas Industry

Eagle Ford Texas | Mary Schimke The Federal Reserve Bank of Dallas’ June 2017 report showed signs that the oil and gas industry is expected to continue its recovery. The most recent report from the […]