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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...
Undelivered Promises of Climate Action has run arash and spreading across Texas cities. Its recent victims have included Austin, Houston, and, most recently, San Antonio. This disease is worse than most, primarily because it encourages magical thinking, triviality and rhetoric in the place of calm, sober, clear-eyed thought. These Texas...
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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...
SHALE Map Jan Feb 2019
A new analysis of the nation’s major shale gas plays has revealed that the amount of natural gas that can be technically recovered from future well locations has increased by 20 percent compared with an estimate made about five years ago, even while active drilling has depleted...
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It’s long been a mission at SHALE Oil & Gas Business Magazine to promote the good works of area nonprofit and not-for-profit organizations. We have a unique view of the community work done by many of these charitable organizations. Accordingly, it became obvious to us that we have an...
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Following years of suppressed market conditions, many view 2017 as the comeback year for the U.S. oil and gas industry. In the wake of the crude oil price collapse in 2014, U.S. production for both crude and natural gas flattened, then dropped through 2016. And even though prices for...
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For many Americans, L, N, and G are just three random letters. But these three letters might just stand for three of the most important words in Texas’ energy future: liquefied natural gas. LNG Primer First, a short course on the technology. On land, natural gas, composed primarily of methane, is...
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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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Following a brief two-year hiatus that featured one-party control in the House, Senate and White House, with January’s arrival of the 116th Congress, many are rightly focused on how the return of divided government will impact energy policy in the U.S. While the new Congress has been convened for barely...