Rick Stoneburner remembers the 2008 Texas-Oklahoma football game as a thriller, highlighted by the Longhorns’ dramatic second-half comeback. But for Stoneburner, the day’s biggest excitement came before he took his seat at the Cotton Bowl, when he learned that Petrohawk Energy’s wildcat well in La Salle County had hit natural gas—and lots of it.
For months, Stoneburner, who was Petrohawk’s president and chief operating officer at the time, and a team of oilmen had been pursuing their hunch about hydrocarbons locked in the South Texas shale. They had scooped up leases on 160,000 ranchland acres, agreeing when necessary to cease work during deer-hunting season. Now they had hit pay dirt. “Ten months to ten tcf,” Stoneburner says with a laugh, referring to the estimated 10 trillion cubic feet of natural gas they discovered. But the timing was terrible: the stock market was crashing, and oil and gas prices were at half their summertime highs and falling. Against that backdrop of glum economic news, the Eagle Ford boom was born.
Read More: http://www.texasmonthly.com/story/bust-times
COTULLA - One of the biggest economic booms in the history of Texas is unfolding just a few hours north of the Rio Grande Valley. A gigantic geological formation called the Eagle Ford Shale is filled with oil and natural gas. It is creating countless new jobs in several south Texas counties.
The formation covers 23 counties - from College Station to an area near Laredo. The Eagle Ford Shale generated $25 billion in revenue last year. It has created 47,000 full-time jobs.
Oil and gas drilling and production have boomed so fast that companies can't find enough people to fill the jobs available. Most of those jobs require only a high school diploma. Free training is available for many positions.
The companies perform hydraulic fracturing, also known as fracking. Companies inject water at high pressure into the rock formation to open it up so they can extract the oil and gas inside. The method allows companies to access deposits that were not accessible just a few years ago. The jobs are not far away.
A CHANNEL 5 NEWS crew drove just four hours north to the town of Cotulla.
That's the question that keeps dogging the South Texas oil and gas field.
Even as thousands of workers and major oil and gas companies flood into the region, investors have been reluctant to invest in houses, apartments and other permanent infrastructure. A when-will-it-bust mentality hangs over the region.
But participants in the San Antonio Clean Technology Forum's Eagle Ford Forum II event Tuesday said the oil and gas development appears to be here to stay, and that it's time for the region to figure out how to manage everything from water issues to roads.
Lance Robertson, vice president of Eagle Ford operations for Marathon Oil Corp., said the South Texas fields are “almost without peer” in terms of productivity, and that operators will continue to work there even if oil prices drop.
Eagle Ford water use has grown significantly over the past few years as activity increased in South Texas. Eagle Ford drilling has grown to more than 200 rigs working around the clock. That’s from virtually zero in early 2009. Drilling and completing wells uses millions of gallons of water and combined with a drought it has bred public concern.
The voices of concern are being heard and even the Eagle Ford Task Force has water on its agenda. We’ll likely hear from the group about best practices in South Texas in early 2012.
Water Use Per Well
Chesapeake Energy’s Eagle Ford fact sheet estimates a single well may use as much as 125,000+ barrels (6 million gallons) of water. CHK reports that is the same volume that:
- Flows by the city of Laredo in the Rio Grande every 4.5 minutes
- Is used to irrigate over 14 acres of vegetables
- Used by the city of San Antonio every 22 minutes
The usage reported by Chesapeake was commonplace early in the development of the play, but the drought and cost of water has motivated companies to rein in their use.
Read More at: http://eaglefordshale.com/water
COTULLA, Texas—The La Salle County Courthouse was rededicated on Jan. 26, following a four-year restoration made possible with more than $3.5 million in grant funds from the Texas Historical Commission (THC) through its award-winning Texas Historic Courthouse Preservation Program.
Construction began on the project in 2009 to return the 1931 courthouse to its former glorjT. The building was designed by renowned Texas courthouse architect Henry Phelps, considered his last, most ambitious and imaginative courthouse design. The courthouse sits in the center and highest point of Cotulla, facing a public square.
- Courthouse restoration nears finale; government moves back this month.
- Finding the sweet spots of the Eagle Ford
- When have you tested your water well?
- How a Fracking Oil Boom Transformed Cotulla, Texas
- Eagle Ford Shale in South Texas
- UT Study Shows that fracking doesn't contaminate groundwater
- Olive Orchards Popping Up In South Texas
- Moon's Effect on Hunting Deer
- Eagle Ford Shale
- The Eagle Ford Shale
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