Texas RRC Eschews State-Mandated Production Cuts
The Texas Railroad Commission (RRC) met in open conference on Tuesday, May 5 and put the idea of prorating Texas crude oil production to bed for good. An order to implement proration prepared by Commissioner Ryan Sitton was withdrawn and never acted on, with Commissioner Sitton proclaiming, “proration is...
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The world is changing and Texas is changing with it. Social contracts, corporate citizenship and sustainability are common terms in today’s energy boardroom discussions. These are no longer buzzwords; they are principles that help shape the regulatory framework in our State. One readily hears the echo of the social...
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The South Texas Energy & Economic Roundtable (STEER) is encouraged by the news that ExxonMobil and SABIC have chosen to build a multibillion-dollar plastics manufacturing facility along the Texas Gulf Coast. This project is a once-in-a-lifetime opportunity for the region to create high-paying jobs and increase the tax base...
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For decades, Ohio, Pennsylvania and West Virginia have watched an overwhelming number of manufacturing jobs — particularly steel manufacturing jobs — leave the United States, which led to the region being nicknamed the Rust Belt. During the same time period, the middle class started to shrink and union households...
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Jane Gimler Ingleside Chamber of Commerce, President and CEO What does your typical day at the office look like? There is no such thing as a typical day in chamber world; nothing is the same or routine. Since I wear many hats (chamber, marketing, events coordination, visitors center), I can have a...
Activity Ramps up Regarding Regulation of Methane Venting & Flaring
Attention over methane leaks, venting and flaring has undoubtedly increased in recent weeks as a number of actions have taken place at the federal and state levels that have significant longer-term implications. Texas and New Mexico In August, the Texas Railroad Commission (RRC) took steps moving it closer to reducing flaring...
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Shanna Keaveny Company name: Texakoma Operating, L.P. Title: Vice President Industry: Oil & Gas E&P Tell me about your company. Established in 1982, Texakoma remains a family operated company. For the past 36 years, Texakoma has established and grown its oil and gas exploration, operation and production business, while remaining focused...
Oil Boom Reaches Sudden End
Oil Boom Reaches Sudden End Concerns over the spread of the coronavirus and its dampening effects on global crude demand combined with the irrational actions of Saudi Arabia and Russia in early March caused crude prices to crater. With analysts like Goldman Sachs, along with the U.S. Energy Information Agency...
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Shale Play Roundup

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Bakken Shale — North Dakota/Montana Spurred by strong production results in the Bakken and Eagle Ford Shale regions, Marathon Oil reported a second-quarter 2018 profit of $96 million. This compares to a $145 million loss for the same period in 2017. Continental Resources, also led by strong Bakken results,...
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The EPA came out with an online report titled simply “Our Nation’s Air.” It should make all environmentalists smile. It won’t, of course. Too many of the more extreme members of that group today want issues more than they desire real progress. Yet, the data is undeniable; clean air...