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Wednesday, August 31, 2011

Eagle Ford News -- Not the Bakken

Link here.

Halliburton and Schlumberger seek sites near San Antonio.

The story caught my eye 'cause San Antonio is my home.
Fresh off Thursday's revelation that Halliburton Co. is looking to build a "supersite" in the San Antonio area, a county official disclosed that another heavy hitter in oil services wants a piece of the action. Schlumberger, the world's largest oil field services company, with offices in Houston, Paris and The Hague, Netherlands, is proposing to establish a site in south Bexar County, said David Marquez, executive director of Bexar County's economic development department. He said Schlumberger's operation would not be as large as what Halliburton is considering, "but it's still significant and still in the southern part of the county."

Baker Hughes in August said it plans to build a $30 million operations center and administrative headquarters in southeast Bexar County [San Antonio] to support drilling in the Eagle Ford shale. The company said the center, to be built on 64 acres at Interstate 37 and U.S. 181, eventually will employ 400. Switzerland-based Weatherford International said in June that it will build a facility on the northwest quadrant of Loop 1604 and I-37, according to a company official. The structure will include offices and bays to house and service the company's hydraulic fracturing equipment, a company spokeswoman said. Halliburton, though, appears to be the big fish.
If BHI plans to build a $30 million operations center but HAL is considered the "big fish," one can only imagine the size of their "supersite."

Exciting.




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