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The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
Eagle Ford stratigraphic column Outcrop of the Eagle Ford and Austin Chalk Contact off Kiest Blvd, 1/2 mile east of Patriot Pky in Dallas County. The Eagle Ford Group (also called the Eagle Ford Shale) is a sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas.
A Brief History of the East Texas Oil Field (East Texas Oil Museum) Oil and Texas: A Cultural History (Texas Almanac) Oil Boom (The Depot Museum, Henderson) Spindletop-Gladys City Boomtown Museum; Texas Energy Museum, Beaumont "Santa Rita No. 1 – Big Lake ~ Marker Number: 4587". Texas Historic Sites Atlas. Texas Historical Commission. 1965.
The Woodbine Group is a geological formation in east Texas whose strata date back to the Early to Middle Cenomanian age of the Late Cretaceous. [1] It is the producing formation of the giant East Texas Oil Field (also known as the "Black Giant") from which over 5.42 billion barrels of oil have been produced. [3]
It requires a minimum exploration obligation of $1.0 million, or 100 exploration wells during Phase III. Phase IV and Phase V require $1.5 million, or 150 exploration wells, and $2.0 million, or ...
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas . The company is ranked 186th on the Fortune 500 [ 2 ] and 337th on the Forbes Global 2000 .
But as the projects developed, the companies found themselves with multibillion-dollar bets on the economic viability of oil shale, and some looked for partners to spread the risk; some sold out entirely. The Colony Oil Shale Project changed hands a number of times, until the only original owner left was TOSCO with 40%. The rest was owned by Exxon.
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