Category: Eagle Ford News

Eagle Ford Oilfield Expo – Corpus Christi

Day two of the sold out 2012 South Texas Oilfield Expo is being held on September 19th & 20th.

Location:  American Bank Center in Corpus Christi, Texas.

eagle-ford-corpus-christi

South Texas Oilfield Expo – Corpus Christi

Hours: 8am until 5pm on Wednesday and 8am until 2pm on Thursday. 

The show is open exclusively to oil and gas professionals; tickets will be available at the door.

Note: The expo is closed to the general public and only open to those currently employed in the oil and gas industry or industries that directly support oil and gas.

Attendees will be required to show proof of their current involvement in the industry with a business card and identification when registering.

http://www.southtexasoilfieldexpo.com/?gclid=CKvjyeOiw7ICFQioPAodUyoAmg

Robin Hood Hits Eagle Ford School Districts

Taking from the “Rich” school districts in South Texas and giving to the poor.

The Superintendent of Carrizo Springs ISD –  Deborah Dobie:

 “I’ve lived here for 40 years, and we’ve been poor for 38 of those years,”

She expects to pay the State $8 to $9 million next year.

Most school districts affected by the “new wealth” join to sue the Texas Education Agency over this.

eagle-ford-schools

Indian Stadium in Jourdanton, TX

 

 

Read more: http://www.mysanantonio.com/news/education/article/Oil-boom-wealth-a-mixed-blessing-for-Eagle-Ford-s-3868972.php#ixzz26ghSHJNv

Texas Railroad Commissioners Choose New Executive Director

AUSTIN –– Today, the Commissioners of the Texas Railroad Commission appointed Milton Rister as the new executive director for Texas’ top energy regulatory agency. His first day of employment will be October 1st, 2012.

Rister is from Gov. Rick Perry’s office. He has served as Director for Administration since 2010. Before serving in the Governor’s Office, Rister worked as Executive Director for the Texas Legislative Council from 2006 to 2009. Rister also served as a senior advisor for Lt. Gov. David Dewhurst in 2005.

Source: Texas Railroad Commission: http://www.rrc.state.tx.us/pressreleases/2012/091112a.php

About the Railroad Commission

Established in 1891, the Railroad Commission of Texas is the oldest regulatory agency in the state. The Commission has a long and proud history of service to both Texas and to the nation, including more than 90 years regulating the oil and gas industry. Additionally, the Commission promotes research and education on the use of alternative fuels and has jurisdiction over gas utility, surface mining and pipeline industries. Our mission is to serve Texas by our stewardship of natural resources and the environment, our concern for personal and community safety, and our support of enhanced development and economic vitality for the benefit of Texans.

What the Railroad Commission has jurisdiction over and who to contact

The Railroad Commission regulates the exploration and production of oil and natural gas in Texas.  The Commission’s primary responsibilities include: preventing waste of oil and gas resources; protection of surface and subsurface water; and, ensuring all mineral interest owners have an opportunity to develop their fair share of the minerals underlying their property.  

The RRC has provided an information page containing links to city, county, state, and federal governments within the Eagle Ford area.

Democrats Like Natural Gas – Calling it “Clean Energy”

Eagle Ford’s gas window is looked upon favorably by the Democratic party.  Calling it “Clean Energy” which is an about face from their previous platforms. 

They know it’s bringing jobs and lessening our dependence on foreign oil – all popular points to get the vote.

Seems folks will say just about anything to get elected these days.

Although, they still don’t care much for Big Oil.

Source:

http://fuelfix.com/blog/2012/09/05/democratic-party-platform-touts-natural-gas-tones-down-climate-change-talk/

Eagle Ford Update From the Federal Reserve

The Federal Reserve Bank of Dallas gave an update on Eagle Ford in this 2012 Second Quarter Report…..

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Eagle Ford Chart Source: Dallas Federal Reserve Bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 ….Its southern edge begins near Laredo

and trends northeast toward Austin, producing
large quantities of natural gas. The northern
edge—the formation is about 50 miles
wide—follows a similar trend but produces
oil. A central zone is rich in condensates,
also called natural gas liquids, valuable to the
refining and petrochemical industry on the
Texas Gulf Coast.

 Full report here:

www.eagleford.org/images/eagle-ford-dallas-federal-reserve.pdf

The World is Watching Eagle Ford

Like it or not, the Eagle Ford oil and gas play in South Texas has gained the attention of the international oil and gas community – and the world.

Maria van der Hoeven, executive director of the International Energy Agency toured the Eagle Ford area last week, hosted by Shell Oil. The next day she spoke at the Baker Institute at Rice University in Houston

Van der Hoeven quoted the US Energy Information Administration figures on the historic rise of unconventional gas – going from zero, 25 years ago to 23% of total gas production in the United States in 2010.

Maria Van der Hoeven IEA

Maria Van der Hoeven Executive Director IEA

She went on to say: “Industry must win public confidence by demonstrating exemplary performance; and governments must ensure that appropriate policies and regulatory regimes are in place” 

“The issue is therefore one of good governance, good management, and good oversight,” she noted….. “These include the implications for water resources, land use and disruption to local communities.”

Translation: It’s up to every employee in the oilfield (from the executives to the truck drivers) to set a good example.

There is so much misinformation going around on Fracking that the common public seems to be confused….. It’s been proven that horizontal drilling and the fracking  associated with it, is no more dangerous to ground water than a convectional vertical well. However, the opponents of fracking are just waiting to point their finger at the first mistake or mishap concerning fracking.

Indeed, the world is watching Eagle Ford.

 

Eagle Ford Photo Contest

We’re Celebrating the News: Eagle Ford is Largest Oilfield in the Lower 48 States – with a Photo Contest!

HOW TO ENTER

Visit our Facebook Page to Enter www.facebook.com/EagleFord 

Must “Like or Page”

Mobile Phone Users Please use this link: http://bit.ly/J0IIg1

For a direct link to contest: http://www.facebook.com/EagleFord/app_254553244581393

See the Official Rules at: http://eagleford.org/photo-contest-rules/

 

eagle-ford-photo-contest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE PRIZE

Five lucky category winners will be mailed (USPS mail to an address in the contiguous 48 United States) an Eagle Ford Wall Map. The grand prize winner will receive $200. Map can be viewed at: http://www.mapsearch.com/content/dam/mapsearch/site-images/Shale%20Eagle%20Ford%20w.jpg

Eligibility

Promotion is open only to Facebook Members (or legal business entities who might be able to enter via their personal Facebook page log on) who enter by submitting a photo via our “Third Party” application promotional page (accessed through our Facebook business Page www.facebook.com/EagleFord ).  Entrants who are Facebook members must also “Like” our www.facebook.com/EagleFord Business Page.  Entrants agree/attest that they are legal adult residents of the 50 United States (including District of Columbia) who are of the age of majority in their state or province of residence at the time of entry. Entrants must attest that they own the photo and all copyrights to it and have obtained legal permission (via a model release) for all persons in the photo. Entrants must be capable of getting photos from their camera, to a computer and be able to upload those photos to the Third Party promotional application.  (Eagle Ford News will not be available to assist in any of these computer related issues). Employees of Eagle Ford News (“Sponsor”) and its parent companies, affiliates, franchisees, sales representatives, distributors, agents, and vendors involved with this promotion, and the immediate family and household members of all such employees, are not eligible to enter or win. Promotion is subject to all applicable federal, state, provincial, and local laws and regulations. Void where prohibited by law.

How To Enter

Access the Promotion by clicking the Photo Contest link on the Eagle Ford News Facebook page, www.facebook.com/EagleFord . You must “like” the Eagle Ford News page in order to access the “Third Party” contest application. Follow the on-screen instructions to upload your photo and complete the online entry form as indicated with your first and last name, complete mailing address and email address. Once the form is complete, click the “Submit” button to enter the Promotion. You will be required to accept the official rules AND agree that you are transferring all ownership and copyrights of the photo to Eagle Ford News prior to submitting your entry (which you will have the opportunity to review).
Snap your best Eagle Ford photo and enter it in one of five Eagle Ford related categories (1. Eagle Ford Drilling Rigs 2. Eagle Ford Man Camps 3. Eagle Ford Jobs 4. Eagle Ford Businesses 5. Eagle Ford Graphic Design). Upload it, and then have your friends vote for your picture. “Approved” photos that get the most votes in each category win an Eagle Ford Wall map. The single “approved” photo that gets the most overall votes wins the Grand Prize.

 

UTSA Reported Today – Eagle Ford Largest Oilfield Ever Discovered in US

We knew it – Everything’s Bigger in Texas!  Yes Sir, the news came out today.

The study was released today by the Center for Community and Business Research at The University of Texas at San Antonio Institute for Economic Development (UTSA)

Click Here for the Report: http://ccbr.iedtexas.org/index.php/Download-document/52-Eagle-Ford-Shale-Final-Report-May-2012.html

This was an update from the earlier study of the same scope released in Feb of 2011. The new numbers blew out the old “conservative” numbers at an unprecedented rate. The Eagle Ford Shale contributed $25 billion in total economic output in 2011.

Dr. Thomas Tunstall, director of the UTSA Center for Community & Business Research said “The Eagle Ford Shale has proven to be one of the most important economic engines in the state,”

“In 2011 Eagle Ford generated over $25 billion in revenue, supported 47,000 full-time jobs in the area, and provided $257 million in local government revenue.”

Other key Eagel Ford statistics:

  • $3.1 billion in salaries and benefits to workers;
  • $12.6 billion in gross regional product;
  • Added $358 plus million in state revenues, including $120.4 million in severance taxes;
  • Local Counties realized a triple-digit sales tax revenue increase.

UTSA SAYS THE EAGLE FORD SHALE WILL  CREATE 117,000 JOBS BY 2021

“The total number of recoverable reserves for the Eagle Ford shale is still unknown, but there are estimates that it could be as much as 7 to 10 billion barrels,” said Thomas Tunstall, lead author of the study. “That would make it the largest on-shore oil reserve ever discovered in the Lower 48 states.”