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Tag Archives: Texas

Texas regulator maintains gas company permits despite earthquakes

AUSTIN, Texas — The regulatory agency overseeing the oil and gas industry in Texas has voted to maintain the wastewater injection permits for two companies whose North Texas wells are believed to have caused a series of small earthquakes. The Texas Railroad Commission decided Tuesday to allow the permits. The commission previously ordered hearings after a university study suggested the ...

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Oil field affects major sectors of Crossroads economy

For better or for worse, many sectors of the Crossroads’ economy are married to the oil fields. From 2013 to 2014, the Victoria metropolitan area grew significantly in overall gross domestic product, despite some dips in a few key industries, according to numbers from the Bureau of Economic Analysis. The GDP, or value of goods and services produced, is used ...

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Neighbors on the fence about wind farm project

CRESTON — The irony of wind farm construction: Obviously you want your wind farm location to be windy; however, you can’t erect a turbine with high winds blowing. Not that Bluestem Energy Solutions project manager Adam Herink seemed worried. Herink said the biggest lag in construction was waiting for all necessary equipment, which has now arrived — towers from Michigan, ...

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‘Fractivists’ to strategize over fracking bill

Self-described “fractivists,” upset with a new state law they say strips away local control of oil and gas drilling, plan to meet in Dallas next week to develop a strategy to challenge House Bill 40. Organizers hope that panel discussions on Nov. 5 and Nov. 7 will lead to passage of a resolution that voices support for local control over ...

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Chinese companies purchasing Texas oil assets

Chinese national oil companies (NOC) are purchasing west Texas oil assets for $1.3 billion. Shanghai-listed Yantai Xinchao Industry Co. Ltd. said it would buy oil fields in Howard and Borden counties from Nevada-based companies Tall City Exploration and Plymouth Petroleum, according to The Associated Press. Yantai Xinchao signed a letter of intent Friday with Ningbo Dingliang Huitong Equity Investment Center, ...

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Welding is bigger in Texas

Texas employs more than 50,000 welders, making it the welding capital of the United States. More than 1 in 10 welders in the U.S. calls Texas their home. Three of the top 10 metropolitan areas in the U.S. for welding careers are located in Texas. Houston is No. 1 with nearly 18,000 jobs. The Lone Star State has a diverse ...

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