28 June 2011

More NEW Jobs in Texas

Good news from Zacks concerning the natural gas industry in Texas.  Specifically the Eagle Ford Shale in Mont Belvieu (just East of Houston).

"As Eagle Ford Shale is gaining traction, pipeline companies and midstream operators are increasingly looking to the South Texas play for opportunities to build new networks. Hence, exploration activities of the companies have made Eagle Ford the most happening shale play. Approximately 170 rigs are presently operating in the play, with more than 900 wells running production and approximately 1,400 wells in various stages of drilling and completion.
With a current production level of approximately 850 million cubic feet per day (MMcf/d) of natural gas and 140,000 BPD of crude oil and condensate, this emerging South Texas resource play continues to beat industry expectations."
Barry The Pretender has all but halted the petroleum exploration in the Gulf of Mexico, but Enterprise Products Partners, LP is capitalizing upon what we can do - at least until the adults return to the mansion of the Chief Executive of the Yankee Nation.

With the drought at disaster proportions and the wildfires having burned much of our land, we're still having a tough go of it.  That's allright though.  Despite the Aggie In Chief (who can't seem to make up his mind on immigration) and the Half-Blood Prince temporarily enthroned in the Federal District, Texans are finding a way to re-assert our independence.

Deo Vindice

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