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The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
Private operator CML Exploration has been proving up the Georgetown formation in Zavala and Dimmit Counties in South Texas near substantial acreage held by Contango and U.S. Energy.
21 cze 2017 · The Eagle Ford Shale oil field had an estimated economic impact of $123 billion in South Texas in the heyday of the oil boom — a number that got sliced by more than half by the oil bust,...
2 dni temu · The Hastings Oilfield is an approximately 20 square-mile petroleum reservoir in Brazoria and Galveston County, Texas, United States. History. The Hastings Oilfield was discovered by J. W. Surface of Amoco, and was first drilled on December 23 or 29, 1934. Within two days of the discovery, Edgar F. Bullard, also of Amoco, purchased the deed to ...
5 dni temu · In South Texas, EOG is developing a large new field discovery targeting the Eagle Ford and Austin Chalk, the grandaddy of the modern resource plays concept. In North Texas, KBV Corp. is implementing a technology-driven optimization program across the very Barnett acreage where shale gas was first commercialized.
1 gru 1995 · The first economically significant discovery came in 1894 in Navarro County near Corsicana. The Corsicana oilfield developed gradually and peaked in 1900, when it produced more than 839,000 barrels of oil. The first relatively modern refinery in Texas, operated by the J. S. Cullinan Company, opened at the field in 1898.
2 dni temu · As crude oil prices continue to climb, South Texas operators are zeroing in on new horizons in the Eagle Ford Shale and revisiting a formation once thought to be an industry classic: the Austin Chalk.
