Trends in Oil Well Drilling in South TexasW. L. StappBulletin of South Texas Geological Society
Pel-Tex Oil Company, LLC has been successfully exploring the Gulf Coast for over 53 years with its main focus on deep gas exploration. Pel-Tex is a successful generator of large gas exploratory prospects both onshore and offshore in the Louisiana and Texas Gulf Coast region. Founded in 1959...
Geological thermal energy storage can take other forms as well—NREL is also working with a company in Texas on a pilot project that will store excess renewable energy in reservoirs that were never used for oil and gas. But oil wells are a particularly good fit because the oil industry alrea...
•Impact:1.OilfieldscreatednewboomtownsandoilproductioncompaniesinTexas(HumbleOil,Exxon-Mobil).2.Mostimportant–itencouragedoildrillingandproductioninotherpartsofTexas.EconomicDevelopment •SpindletopledtotheriseofawholeneweconomyandnewfutureforTexas•Hugeoilcompanieswereforming•Refineriesbuilttorefineoilto...
1892 – Edward L. Doheny drills the first oil well in Los Angeles. Within five years there would be 2500 oil wells and two hundred oil companies in the area. 1894 – First significant Texas oil field developed near Corsicana and would eventually build the first modern refinery in Texas. ...
Mark Marmo, CEO of Deep Well Services, an oilfield firm based in Zelienople, Pennsylvania, said fracking work in places like West Texas is currently delayed about two weeks to a month because of a lack of labor. “We hired 350. If we could hire another 350, we'd put them all t...
BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Jan 29, 2015 Federal Hearing To Resume On Texas Oil Spill ...
Shale Plays in Texas At one time, shale plays were not largely explored due to the inability for companies to economically reach the natural gas in this rock. New horizontal drilling and fracking techniques have changed the game. So, several shale plays in Texas are now being developed in fas...
One of the great oil companies of the 20th century, one of the first to arise in Texas and one of the first to give Standard Oil serious concerns, was about to be born. As soon as the Lucas gusher (the Spindletop discovery well) was brought under control, the J.M. Guffey Company (...
oil lamps, it wasn't until 1901 that the firstcommercial wellcapable of mass production was drilled at a site known as Spindletop in southeastern Texas. This site produced more than 100,000 barrels of oil in one day, more than all the other oil-producing wells in the United States ...