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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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Eagle Ford shale to benefit from $3.6B pipeline projects

Eagle Ford, pipeline, natural gas, Mexico

Eagle Ford shale producers are benefiting from Mexico’s need for more electricity. Mexico’s state-owned Federal Electricity Commission recently awarded $3.6 billion in pipeline projects to TransCanada, Spectra Energy and others. The projects will transport shale gas from Texas to Mexico to help meet the country’s growing electricity needs. For decades, Mexico’s electric power infrastructure has been hampered by inefficiency and ...

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Top Eagle Ford news stories: June 3-10

oil exploration, Kazakhstan

Catch up on the top Eagle Ford news stories from the past week. Rising oil prices led to the first increase of the national rig count this year. 5. Colorado has 40 times more natural gas than thought DENVER (AP) — Western Colorado has 40 times more natural gas than previously thought, but an immediate boom is unlikely because of ...

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