by South Texas Oil Boom | Jan 24, 2017 | Uncategorized
There was a weekly increase in oil price even as Saudi Arabia has pledged the continuation of production cuts in the second half of 2016. Recent data from the Energy Information Administration revealed that for the first time this year, there was a fall in United...
by South Texas Oil Boom | Oct 18, 2016 | Uncategorized
One of the reasons the South Texas Oil Boom is booming is because of the technology being used to extract oil from locations where oil has never before been extractable. Everyone is familiar with hyrdraulic fracking, a newer technology allowing oil explorers to reach...
by South Texas Oil Boom | Apr 24, 2016 | Uncategorized
Oil executives in the Dallas Federal district have reached a consensus on the prospect of the West Texas Permian Basin oil field: there is reason to be optimistic. This district comprises Texas, Northern Louisiana and New Mexico. Already, oil and gas firms in the...