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Oil industry headlines from around Texas

Texas oil, pumpjack

From budget cuts to oil spills, here is the news from the Texas oil and gas industry this week. Oil spill photos are finally visible to the public Photos taken by the Civil Air Patrol of flood-related oil spills are now available to the public online, rather than requiring a login and password for the University of Texas website. The ...

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Top Texas energy stories June 26 – July 3

Texas top 5

According to Baker Hughes, the U.S. rig count has increased by 10 this week, with Texas gaining four of the total overall increase. The price of oil is inching back up , playing games with that $50 per barrel mark. Oil currently sits at $48.99, and Brent crude is $50.35. The anxiety associated with the British vote to leave the ...

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What the Dallas Fed Quarterly Report means for Eagle Ford shale jobs

eagle ford, jobs

On June 29th the latest quarterly report released by the Federal Reserve Bank of Dallas addressed the capital spending, costs, production levels, employment and overall current business activities of energy companies from Louisiana, New Mexico and Texas. From approximately 200 gas and oil companies surveyed, 42 percent stated that they expect their employment levels to remain consistent with those of ...

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Authorities: 3 train workers in Texas wreck presumed dead

train collision Texas

DALLAS (AP) — Three missing crew members from the two freight trains that collided head-on in the Texas Panhandle are presumed dead, the Texas Department of Public Safety said Wednesday. Emergency personnel at the scene of Tuesday’s collision about 25 miles northeast of Amarillo have moved to a recovery operation, DPS Sgt. Dan Buesing said. Each train had a two-member ...

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The Latest: CEO denies fracking will harm endangered belugas

belugas and fracking

ANCHORAGE, Alaska (AP) — The Latest on an environmental group’s contention that hydraulic fracturing under Alaska’s Cook Inlet will harm endangered beluga whales: 9:28 a.m. The chief executive officer of a Texas company that plans to drill below Alaska’s Cook Inlet says there’s no threat to endangered beluga whales from proposed hydraulic fracturing. Benjamin Johnson of Fort Worth-based BlueCrest Energy ...

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