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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 ]
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.
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 .
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 ...
The Company's exploration plan has been designed to better determine the resource and production potential of the Bear Creek Rare Earth Project, which consists of 10 mining claims totaling ~7,311 ...
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