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Tag Archives: Eagle Ford Texas

Oil ministry job fair draws hundreds

More than 500 job seekers turned to the Rock the Oilfield Job and Resource Event in Midland on Friday, an event organized by local Christian groups in hopes of offering relief to workers displaced by the oil bust. Attendees offered accounts of the human toll wrought by the economic downturn driven by the region’s premier industry. One couple, Kurt and ...

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Counties call for oil, gas tax distribution reform

The state took a big enough piece of the counties’ pie when it comes to money generated from oil and gas taxes and overweight truck permits, officials in the Crossroads are arguing. Commissioners across the seven-county region agree it’s time to put more of that money back into roads that have crumbled under the weight of heavy truck traffic. Although ...

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OPEC has stalled the shale revolution: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – The resilience of U.S. shale producers has surpassed all expectations as they have wrung extra efficiencies out of their operations and pulled rigs back to the most prolific sections of existing plays. The shale sector’s ability to cut costs and sustain their output in the ...

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Noble Energy profit beats estimates as production rises

Oil and gas producer Noble Energy Inc reported a better-than-expected quarterly profit as higher production helped offset the impact of a slump in crude prices. Noble said on Monday that its total sales volumes rose 3 percent to 299,000 barrels of oil equivalent per day (boepd) in the second quarter. The company also raised its sales volume forecast for 2015 ...

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