Industry News

Crude Oil Export Decision Seen as Major Boost for Eagle Ford

date January 2, 2015
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1200 News Radio WOAI South Texas’ produced oil has the potential to affect a new market with the current administration’s decision to allow ‘processed condensate’ to be sold overseas. The New Year brings a major […]

Eagle Ford once again dominates business scene

date December 26, 2014
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San Antonio Express-News | Peggy O’Hare This year has yielded a string of good-news headlines for San Antonio and South Texas. Drillers continued reaping a windfall from the Eagle Ford Shale oil and gas field, which […]

Texas Oil Production Remains Strong Despite Saudi Price Pressure

date December 24, 2014
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WOAI Figures released by the Texas Railroad Commission show that if Saudi Arabia hopes to drive Texas’ booming shale oil production out of business by cutting crude oil prices, so far the strategy is backfiring, […]

U.S. economy grew at a rate of 5 percent in third quarter, the fastest in more than a decade

date December 23, 2014
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The Washington Post | Chico Harlan The U.S. economy grew at its fastest rate in more than a decade between the months of July through September, according to government data released Tuesday morning, marking the latest sign […]

U.S. oil, gas sector economic bright spot

date November 5, 2014
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UPI | Daniel J. Graeber According to the EIA, Texas leads the nation in job growth from oil and gas production. Job and wage growth in the U.S. oil and gas industry has increased since 2003 […]

Goodrich Petroleum Announces Tuscaloosa Marine Shale (“TMS”) Well Result And Operational Update

date May 29, 2014
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 Goodrich Petroleum Announces Tuscaloosa Marine Shale (“TMS”) Well Result And Operational Update – MarketWatch: Goodrich Petroleum Corporation today announced the completion of its C.H. Lewis well in Amite County, Mississippi; the well has achieved a […]