Despite low oil prices, Mexico will move forward on pipeline initiatives that will impact the Eagle Ford in Texas. Jumping on the opportunities afforded by the new energy reform measures, the state power company (CFE) has initiated an aggressive construction campaign that includes $3.3 billion to be spent on 12 natural gas and electricity projects. The state power company … [Read more...] about Oil and Gas Pipelines Cross Texas-Mexico Border
eagle ford shale
Construction continues to steam along in Port Aransas. City records show development moving at a brisk rate. Port Aransas is “a solid, healthy market with willing sellers and willing buyers,” Local Developer Lorette said. “These are individuals, people wanting to have a part of Port Aransas and come and enjoy it”. Many buyers are longtime Port Aransas residents who see a … [Read more...] about Construction booms across Port Aransas
The Corpus Christi Caller-Times reports that the coastal city's robust housing market shows no signs of slowing, but affordable homes are in short supply. The inventory of vacant homes in Corpus Christi is one fourth the size it was just three years ago, but asking prices have climbed 19 percent over the same period, said Warren Andrich, president and CEO of the Corpus Christi … [Read more...] about Housing prices rise, inventory shrinks in Corpus Christi – report
Gone Green as in Good for the Environment not "Green with Envy" or "Money" While the debate rages on as to whether fracking poses a risk to water quality, a new desalination technique addresses two other environmental concerns: water scarcity and greenhouse gas (GHG) emissions. Developed by researchers at the University of British Columbia (UBC), the breakthrough technology … [Read more...] about Has Fracking Gone Green?
Eagle Ford Shale Texas oil production will reach over three million barrels per day, and by the end of this year, Texas' oil production could exceed the output of every OPEC country but Saudi Arabia. The state's production, driven mainly by the Eagle Ford Shale in South Texas and the Permian Basin in West Texas, will reach about 3.4 million barrels per day, propelling Texas … [Read more...] about Texas oil production moving up in world ranking